Schroder Investment Management Group Purchases 94,308 Shares of Pan American Silver Corp. (NYSE:PAAS)

Schroder Investment Management Group boosted its holdings in Pan American Silver Corp. (NYSE:PAAS - Free Report) TSE: PAAS by 12.7% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 834,933 shares of the basic materials company's stock after acquiring an additional 94,308 shares during the quarter. Schroder Investment Management Group owned 0.23% of Pan American Silver worth $16,649,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. Comprehensive Financial Planning Inc. PA bought a new stake in shares of Pan American Silver in the 4th quarter worth about $27,000. Laurel Wealth Advisors LLC bought a new stake in Pan American Silver during the fourth quarter worth about $30,000. Wilmington Savings Fund Society FSB acquired a new stake in shares of Pan American Silver during the third quarter worth approximately $32,000. Decker Retirement Planning Inc. bought a new position in shares of Pan American Silver in the fourth quarter valued at approximately $32,000. Finally, Bank Julius Baer & Co. Ltd Zurich acquired a new position in shares of Pan American Silver in the 4th quarter worth approximately $32,000. Institutional investors and hedge funds own 55.43% of the company's stock.

Analyst Upgrades and Downgrades

PAAS has been the subject of several research analyst reports. StockNews.com downgraded Pan American Silver from a "buy" rating to a "hold" rating in a research report on Wednesday, April 2nd. Royal Bank of Canada upped their price target on shares of Pan American Silver from $28.00 to $30.00 and gave the stock an "outperform" rating in a research report on Tuesday, February 11th. National Bankshares restated an "outperform" rating on shares of Pan American Silver in a research report on Wednesday, April 2nd. Scotiabank upped their target price on shares of Pan American Silver from $28.00 to $28.50 and gave the stock a "sector outperform" rating in a research report on Tuesday, February 25th. Finally, TD Securities lowered shares of Pan American Silver from a "buy" rating to a "hold" rating and lowered their price target for the company from $28.00 to $27.00 in a report on Tuesday, March 11th. Three research analysts have rated the stock with a hold rating and three have given a buy rating to the company. According to data from MarketBeat, the company currently has an average rating of "Moderate Buy" and an average target price of $27.92.

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Pan American Silver Trading Down 0.8 %

Shares of NYSE:PAAS traded down $0.18 during trading on Tuesday, hitting $21.69. 5,814,701 shares of the company's stock were exchanged, compared to its average volume of 3,800,130. The company has a current ratio of 2.50, a quick ratio of 0.96 and a debt-to-equity ratio of 0.16. The firm has a market cap of $7.86 billion, a P/E ratio of 67.79 and a beta of 1.06. The firm has a 50-day moving average price of $24.70 and a two-hundred day moving average price of $23.00. Pan American Silver Corp. has a 1-year low of $17.86 and a 1-year high of $27.47.

Pan American Silver (NYSE:PAAS - Get Free Report) TSE: PAAS last released its earnings results on Wednesday, February 19th. The basic materials company reported $0.35 EPS for the quarter, hitting analysts' consensus estimates of $0.35. Pan American Silver had a net margin of 3.98% and a return on equity of 6.14%. The firm had revenue of $815.10 million during the quarter, compared to analyst estimates of $805.20 million. Equities analysts predict that Pan American Silver Corp. will post 1.26 earnings per share for the current year.

Pan American Silver Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, March 14th. Shareholders of record on Monday, March 3rd were issued a dividend of $0.10 per share. This represents a $0.40 dividend on an annualized basis and a yield of 1.84%. The ex-dividend date of this dividend was Monday, March 3rd. Pan American Silver's dividend payout ratio (DPR) is currently 125.00%.

Pan American Silver Company Profile

Pan American Silver Corp. engages in the exploration, mine development, extraction, processing, refining, and reclamation of silver, gold, zinc, lead, and copper mines in Canada, Mexico, Peru, Bolivia, Argentina, Chile, and Brazil. The company was formerly known as Pan American Minerals Corp. and changed its name to Pan American Silver Corp.