SBI Securities Co. Ltd. acquired a new position in shares of Wheaton Precious Metals Corp. (NYSE:WPM - Free Report) in the 4th quarter, according to its most recent filing with the SEC. The fund acquired 4,199 shares of the company's stock, valued at approximately $236,000.
Several other large investors also recently bought and sold shares of WPM. Versant Capital Management Inc purchased a new stake in shares of Wheaton Precious Metals in the fourth quarter valued at approximately $29,000. Laurel Wealth Advisors LLC purchased a new stake in shares of Wheaton Precious Metals in the fourth quarter valued at approximately $39,000. GAMMA Investing LLC purchased a new stake in shares of Wheaton Precious Metals in the fourth quarter valued at approximately $41,000. Kestra Investment Management LLC purchased a new stake in shares of Wheaton Precious Metals in the fourth quarter valued at approximately $53,000. Finally, Exchange Traded Concepts LLC purchased a new stake in shares of Wheaton Precious Metals in the fourth quarter valued at approximately $54,000. 70.34% of the stock is currently owned by hedge funds and other institutional investors.
Analyst Ratings Changes
A number of equities research analysts have recently issued reports on the company. Stifel Canada upgraded Wheaton Precious Metals from a "hold" rating to a "strong-buy" rating in a research report on Tuesday, February 4th. UBS Group began coverage on Wheaton Precious Metals in a research note on Monday, November 18th. They set a "buy" rating and a $78.00 price target on the stock. Nine analysts have rated the stock with a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Buy" and an average price target of $71.67.
Check Out Our Latest Analysis on Wheaton Precious Metals
Wheaton Precious Metals Trading Up 0.5 %
NYSE:WPM traded up $0.32 during trading hours on Friday, hitting $70.52. The company's stock had a trading volume of 1,605,026 shares, compared to its average volume of 1,508,464. The stock has a market capitalization of $31.99 billion, a P/E ratio of 52.63, a price-to-earnings-growth ratio of 1.91 and a beta of 0.77. The stock has a fifty day moving average of $63.23 and a 200-day moving average of $62.34. Wheaton Precious Metals Corp. has a 52-week low of $43.18 and a 52-week high of $71.81.
Wheaton Precious Metals Company Profile
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Free Report)
Wheaton Precious Metals Corp. primarily sells precious metals in North America, Europe, and South America. It produces and sells gold, silver, palladium, and cobalt deposits. The company was formerly known as Silver Wheaton Corp. and changed its name to Wheaton Precious Metals Corp. in May 2017. Wheaton Precious Metals Corp.
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