Advisor Group Inc. lifted its position in Pan American Silver Corp. (NASDAQ:PAAS) (TSE:PAAS) by 3.9% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 21,567 shares of the basic materials company’s stock after buying an additional 800 shares during the quarter. Advisor Group Inc.’s holdings in Pan American Silver Corp. were worth $362,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also recently modified their holdings of the company. Legal & General Group Plc lifted its stake in shares of Pan American Silver Corp. by 5.7% in the second quarter. Legal & General Group Plc now owns 18,253 shares of the basic materials company’s stock worth $307,000 after buying an additional 990 shares during the last quarter. Blair William & Co. IL lifted its stake in shares of Pan American Silver Corp. by 1.7% in the second quarter. Blair William & Co. IL now owns 70,578 shares of the basic materials company’s stock worth $1,187,000 after buying an additional 1,208 shares during the last quarter. DekaBank Deutsche Girozentrale lifted its stake in shares of Pan American Silver Corp. by 5.3% in the second quarter. DekaBank Deutsche Girozentrale now owns 46,889 shares of the basic materials company’s stock worth $794,000 after buying an additional 2,369 shares during the last quarter. Aperio Group LLC lifted its stake in shares of Pan American Silver Corp. by 1.7% in the second quarter. Aperio Group LLC now owns 178,762 shares of the basic materials company’s stock worth $3,007,000 after buying an additional 2,955 shares during the last quarter. Finally, Canada Pension Plan Investment Board lifted its stake in shares of Pan American Silver Corp. by 4.3% in the second quarter. Canada Pension Plan Investment Board now owns 97,403 shares of the basic materials company’s stock worth $1,636,000 after buying an additional 4,003 shares during the last quarter. Institutional investors and hedge funds own 53.88% of the company’s stock.

Pan American Silver Corp. (PAAS) opened at 17.33 on Wednesday. Pan American Silver Corp. has a 1-year low of $13.80 and a 1-year high of $21.29. The company’s 50-day moving average is $17.85 and its 200 day moving average is $17.28. The firm has a market capitalization of $2.65 billion, a PE ratio of 22.16 and a beta of 0.14.

Pan American Silver Corp. (NASDAQ:PAAS) (TSE:PAAS) last announced its quarterly earnings results on Wednesday, August 9th. The basic materials company reported $0.15 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.09 by $0.06. Pan American Silver Corp. had a return on equity of 6.16% and a net margin of 14.62%. The business had revenue of $201.30 million during the quarter, compared to the consensus estimate of $184.96 million. During the same quarter last year, the firm posted $0.13 EPS. The company’s quarterly revenue was up 4.7% on a year-over-year basis. On average, equities analysts expect that Pan American Silver Corp. will post $0.55 EPS for the current fiscal year.

A number of analysts have recently weighed in on PAAS shares. Canaccord Genuity restated a “buy” rating and issued a $22.00 price objective on shares of Pan American Silver Corp. in a research note on Thursday, September 7th. Royal Bank Of Canada set a $22.00 price objective on shares of Pan American Silver Corp. and gave the stock a “buy” rating in a research note on Thursday, August 10th. TheStreet cut shares of Pan American Silver Corp. from a “b-” rating to a “c+” rating in a research note on Friday, July 28th. BMO Capital Markets restated a “hold” rating and issued a $17.50 price objective on shares of Pan American Silver Corp. in a research note on Wednesday, September 20th. Finally, Zacks Investment Research upgraded shares of Pan American Silver Corp. from a “sell” rating to a “hold” rating in a research note on Tuesday, July 25th. Eight investment analysts have rated the stock with a hold rating and six have issued a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and a consensus price target of $21.56.

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Pan American Silver Corp. 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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