San Francisco Sentry Investment Group CA trimmed its stake in First Majestic Silver Corp (NYSE:AG) (TSE:FR) by 46.4% during the third quarter, according to its most recent disclosure with the SEC. The fund owned 24,570 shares of the mining company’s stock after selling 21,290 shares during the quarter. San Francisco Sentry Investment Group CA’s holdings in First Majestic Silver were worth $168,000 as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of the business. Advisor Group Inc. lifted its stake in First Majestic Silver by 1.6% in the second quarter. Advisor Group Inc. now owns 43,521 shares of the mining company’s stock valued at $102,000 after buying an additional 695 shares during the last quarter. Legal & General Group Plc lifted its stake in First Majestic Silver by 4.0% in the second quarter. Legal & General Group Plc now owns 28,252 shares of the mining company’s stock valued at $234,000 after buying an additional 1,089 shares during the last quarter. Aperio Group LLC lifted its stake in First Majestic Silver by 1.9% in the second quarter. Aperio Group LLC now owns 99,218 shares of the mining company’s stock valued at $825,000 after buying an additional 1,873 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank lifted its stake in First Majestic Silver by 18.3% in the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 15,536 shares of the mining company’s stock valued at $129,000 after buying an additional 2,408 shares during the last quarter. Finally, National Planning Corp lifted its stake in First Majestic Silver by 5.4% in the second quarter. National Planning Corp now owns 46,914 shares of the mining company’s stock valued at $360,000 after buying an additional 2,409 shares during the last quarter. Institutional investors own 30.06% of the company’s stock.

Shares of First Majestic Silver Corp (AG) opened at $6.72 on Monday. First Majestic Silver Corp has a one year low of $5.92 and a one year high of $10.92. The company has a debt-to-equity ratio of 0.04, a quick ratio of 3.38 and a current ratio of 3.77.

A number of brokerages recently weighed in on AG. ValuEngine cut shares of First Majestic Silver from a “hold” rating to a “sell” rating in a research note on Friday, November 10th. Zacks Investment Research upgraded shares of First Majestic Silver from a “strong sell” rating to a “hold” rating in a research note on Wednesday, October 4th. BMO Capital Markets began coverage on shares of First Majestic Silver in a research note on Friday, November 17th. They set a “market perform” rating on the stock. BidaskClub cut shares of First Majestic Silver from a “hold” rating to a “sell” rating in a research note on Wednesday, August 9th. Finally, HC Wainwright restated a “buy” rating and set a $14.00 price objective on shares of First Majestic Silver in a research note on Friday, November 3rd. Two investment analysts have rated the stock with a sell rating, five have issued a hold rating and two have assigned a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and an average target price of $10.50.

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First Majestic Silver Profile

First Majestic Silver Corp. is a mining company. The Company is focused on silver production in Mexico and it is pursuing the development of its existing mineral property assets. The Company operates through eight segments, six of which are located in Mexico; one retail market segment in Canada, and one metal trading segment in Europe.

Institutional Ownership by Quarter for First Majestic Silver (NYSE:AG)

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