Pan American Silver Corp. (PAAS) Position Increased by Dimensional Fund Advisors LP

Dimensional Fund Advisors LP increased its position in shares of Pan American Silver Corp. (NASDAQ:PAAS) (TSE:PAAS) by 49.6% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 702,344 shares of the basic materials company’s stock after buying an additional 233,015 shares during the period. Dimensional Fund Advisors LP owned 0.46% of Pan American Silver Corp. worth $11,813,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Van ECK Associates Corp boosted its holdings in shares of Pan American Silver Corp. by 59.6% during the 2nd quarter. Van ECK Associates Corp now owns 17,773,808 shares of the basic materials company’s stock worth $298,955,000 after buying an additional 6,640,625 shares during the period. BT Investment Management Ltd bought a new stake in shares of Pan American Silver Corp. during the 2nd quarter worth $120,085,000. Vanguard Group Inc. boosted its holdings in shares of Pan American Silver Corp. by 8.0% during the 2nd quarter. Vanguard Group Inc. now owns 2,956,784 shares of the basic materials company’s stock worth $49,734,000 after buying an additional 217,811 shares during the period. TD Asset Management Inc. boosted its holdings in shares of Pan American Silver Corp. by 1.3% during the 2nd quarter. TD Asset Management Inc. now owns 1,226,602 shares of the basic materials company’s stock worth $20,599,000 after buying an additional 15,400 shares during the period. Finally, Schroder Investment Management Group boosted its holdings in shares of Pan American Silver Corp. by 61.6% during the 2nd quarter. Schroder Investment Management Group now owns 757,410 shares of the basic materials company’s stock worth $12,831,000 after buying an additional 288,615 shares during the period. 53.67% of the stock is owned by institutional investors and hedge funds.

Several analysts recently issued reports on PAAS shares. Zacks Investment Research raised shares of Pan American Silver Corp. from a “sell” rating to a “hold” rating in a report on Tuesday, July 25th. TheStreet downgraded shares of Pan American Silver Corp. from a “b-” rating to a “c+” rating in a report on Friday, July 28th. BidaskClub downgraded shares of Pan American Silver Corp. from a “hold” rating to a “sell” rating in a report on Thursday, August 10th. Royal Bank Of Canada set a $22.00 price target on shares of Pan American Silver Corp. and gave the company a “buy” rating in a report on Thursday, August 10th. Finally, Canaccord Genuity reissued a “buy” rating and issued a $22.00 price target on shares of Pan American Silver Corp. in a report on Thursday, September 7th. Eight investment analysts have rated the stock with a hold rating and seven have issued a buy rating to the stock. The company has a consensus rating of “Hold” and an average target price of $20.90.

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Pan American Silver Corp. (NASDAQ PAAS) opened at $14.68 on Wednesday. Pan American Silver Corp. has a one year low of $14.05 and a one year high of $21.29. The stock has a market cap of $2,237.91, a price-to-earnings ratio of 30.44, a PEG ratio of 7.06 and a beta of 0.15.

Pan American Silver Corp. (NASDAQ:PAAS) (TSE:PAAS) last announced its quarterly earnings data on Wednesday, November 8th. The basic materials company reported $0.15 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.13 by $0.02. Pan American Silver Corp. had a net margin of 12.23% and a return on equity of 5.12%. The company had revenue of $190.79 million during the quarter, compared to analysts’ expectations of $199.43 million. During the same quarter in the prior year, the company posted $0.24 EPS. The business’s revenue was down 18.3% on a year-over-year basis. equities research analysts forecast that Pan American Silver Corp. will post 0.52 earnings per share for the current year.

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, December 1st. Stockholders of record on Monday, November 20th will be paid a $0.025 dividend. This represents a $0.10 dividend on an annualized basis and a dividend yield of 0.68%. The ex-dividend date of this dividend is Friday, November 17th. Pan American Silver Corp.’s dividend payout ratio is 16.39%.

Pan American Silver Corp. Company Profile

Pan American Silver Corp. is a silver production company. The Company is principally engaged in the operation and development of, and exploration for, silver producing properties. The Company’s segments include Peru, Mexico, Argentina and Bolivia. The Company also produces and sells gold, zinc, lead and copper.

Institutional Ownership by Quarter for Pan American Silver Corp. (NASDAQ:PAAS)

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