Endeavour Silver Corp. (NYSE:EXK) Shares Acquired by Quantbot Technologies LP

Quantbot Technologies LP boosted its stake in Endeavour Silver Corp. (NYSE:EXK - Free Report) TSE: EDR by 1,407.0% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 383,014 shares of the mining company's stock after acquiring an additional 357,599 shares during the period. Quantbot Technologies LP owned 0.15% of Endeavour Silver worth $1,402,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Vestcor Inc acquired a new stake in Endeavour Silver during the fourth quarter valued at approximately $549,000. Swiss National Bank boosted its holdings in shares of Endeavour Silver by 2.1% in the 4th quarter. Swiss National Bank now owns 485,900 shares of the mining company's stock valued at $1,781,000 after buying an additional 9,800 shares during the period. Connor Clark & Lunn Investment Management Ltd. grew its position in shares of Endeavour Silver by 122.1% during the 4th quarter. Connor Clark & Lunn Investment Management Ltd. now owns 6,515,836 shares of the mining company's stock valued at $23,858,000 after buying an additional 3,581,936 shares during the last quarter. Jupiter Asset Management Ltd. raised its stake in Endeavour Silver by 0.9% during the fourth quarter. Jupiter Asset Management Ltd. now owns 10,792,069 shares of the mining company's stock worth $39,545,000 after acquiring an additional 99,900 shares during the period. Finally, HighTower Advisors LLC lifted its holdings in Endeavour Silver by 28.3% in the fourth quarter. HighTower Advisors LLC now owns 157,201 shares of the mining company's stock worth $575,000 after acquiring an additional 34,700 shares during the last quarter. 20.06% of the stock is currently owned by institutional investors.

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Analysts Set New Price Targets

Several equities analysts have recently commented on the company. StockNews.com raised Endeavour Silver to a "sell" rating in a report on Friday, February 28th. Alliance Global Partners reaffirmed a "buy" rating on shares of Endeavour Silver in a research report on Wednesday, March 12th. HC Wainwright boosted their price target on shares of Endeavour Silver from $7.00 to $7.25 and gave the company a "buy" rating in a report on Wednesday, March 12th. Raymond James assumed coverage on shares of Endeavour Silver in a research report on Friday, March 21st. They set an "outperform" rating for the company. Finally, TD Securities upgraded shares of Endeavour Silver to a "strong-buy" rating in a research report on Monday, March 10th. One investment analyst has rated the stock with a sell rating, one has given a hold rating, four have issued a buy rating and two have given a strong buy rating to the company's stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average target price of $6.63.

Endeavour Silver Stock Performance

Shares of NYSE:EXK traded down $0.24 on Friday, hitting $4.33. The company's stock had a trading volume of 9,961,237 shares, compared to its average volume of 6,801,489. The company has a market capitalization of $1.13 billion, a price-to-earnings ratio of -33.27 and a beta of 1.55. The company has a debt-to-equity ratio of 0.20, a quick ratio of 1.07 and a current ratio of 1.39. Endeavour Silver Corp. has a 12 month low of $2.40 and a 12 month high of $5.67. The stock's 50-day moving average is $4.07 and its two-hundred day moving average is $4.14.

Endeavour Silver (NYSE:EXK - Get Free Report) TSE: EDR last announced its earnings results on Tuesday, March 11th. The mining company reported $0.02 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($0.01) by $0.03. Endeavour Silver had a negative net margin of 13.04% and a positive return on equity of 0.97%. The firm had revenue of $42.20 million during the quarter, compared to analyst estimates of $69.90 million. On average, equities research analysts forecast that Endeavour Silver Corp. will post -0.07 EPS for the current year.

About Endeavour Silver

Endeavour Silver Corp., a silver mining company, engages in the acquisition, exploration, development, extraction, processing, refining, and reclamation of mineral properties in Chile and the United States. It explores for gold and silver deposits, and precious metals. The company was formerly known as Endeavour Gold Corp.