International Assets Investment Management LLC Buys Shares of 55,153 Pan American Silver Corp. (NYSE:PAAS)

International Assets Investment Management LLC purchased a new position in shares of Pan American Silver Corp. (NYSE:PAAS) (TSE:PAAS) in the 4th quarter, Holdings Channel reports. The firm purchased 55,153 shares of the basic materials company’s stock, valued at approximately $901,000.

Other large investors also recently modified their holdings of the company. Optiver Holding B.V. grew its position in Pan American Silver by 90.8% during the 3rd quarter. Optiver Holding B.V. now owns 1,706 shares of the basic materials company’s stock worth $25,000 after acquiring an additional 812 shares during the last quarter. Ronald Blue Trust Inc. grew its holdings in shares of Pan American Silver by 1,474.8% during the third quarter. Ronald Blue Trust Inc. now owns 2,504 shares of the basic materials company’s stock worth $36,000 after purchasing an additional 2,345 shares during the last quarter. CVA Family Office LLC acquired a new position in shares of Pan American Silver in the fourth quarter valued at approximately $46,000. Annis Gardner Whiting Capital Advisors LLC bought a new position in Pan American Silver in the 3rd quarter valued at approximately $46,000. Finally, Dubuque Bank & Trust Co acquired a new stake in Pan American Silver during the 3rd quarter worth approximately $145,000. 55.43% of the stock is currently owned by institutional investors.

Pan American Silver Stock Performance

NYSE:PAAS opened at $18.60 on Wednesday. The firm has a market capitalization of $6.76 billion, a P/E ratio of -62.00, a P/E/G ratio of 2.14 and a beta of 1.44. Pan American Silver Corp. has a twelve month low of $12.16 and a twelve month high of $20.60. The company has a fifty day moving average of $15.12 and a 200-day moving average of $14.90. The company has a quick ratio of 1.09, a current ratio of 2.23 and a debt-to-equity ratio of 0.16.

Pan American Silver (NYSE:PAAS) (TSE:PAAS) last announced its quarterly earnings data on Thursday, February 22nd. The basic materials company reported ($0.04) earnings per share for the quarter, missing the consensus estimate of $0.08 by ($0.12). The company had revenue of $669.60 million for the quarter, compared to analyst estimates of $657.65 million. Pan American Silver had a negative net margin of 5.24% and a positive return on equity of 0.44%. During the same quarter in the prior year, the company posted ($0.02) EPS. As a group, sell-side analysts anticipate that Pan American Silver Corp. will post 0.47 EPS for the current year.

Pan American Silver Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 15th. Shareholders of record on Monday, March 4th were paid a $0.10 dividend. The ex-dividend date of this dividend was Friday, March 1st. This represents a $0.40 dividend on an annualized basis and a yield of 2.15%. Pan American Silver’s dividend payout ratio (DPR) is presently -133.33%.

Analyst Ratings Changes

Several research firms have recently issued reports on PAAS. TD Securities dropped their price target on shares of Pan American Silver from $18.50 to $17.50 and set a “buy” rating for the company in a research note on Friday, February 23rd. StockNews.com downgraded shares of Pan American Silver from a “hold” rating to a “sell” rating in a research report on Monday, January 15th. CIBC dropped their price target on shares of Pan American Silver from $28.00 to $27.50 and set an “outperform” rating on the stock in a research report on Wednesday, February 7th. Scotiabank increased their price objective on shares of Pan American Silver from $19.50 to $20.00 and gave the stock a “sector outperform” rating in a research report on Monday, April 8th. Finally, Jefferies Financial Group boosted their target price on shares of Pan American Silver from $14.00 to $17.00 and gave the company a “hold” rating in a report on Monday. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating and five have issued a buy rating to the stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $21.00.

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.