Gamco Investors INC. ET AL grew its position in shares of Wheaton Precious Metals Corp (NYSE:WPM) by 26.3% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 39,955 shares of the company’s stock after buying an additional 8,315 shares during the period. Gamco Investors INC. ET AL’s holdings in Wheaton Precious Metals were worth $780,000 as of its most recent SEC filing.

A number of other large investors have also recently added to or reduced their stakes in the business. Cerebellum GP LLC lifted its holdings in Wheaton Precious Metals by 5.3% during the 4th quarter. Cerebellum GP LLC now owns 11,380 shares of the company’s stock worth $222,000 after buying an additional 575 shares during the last quarter. Arcadia Investment Management Corp MI lifted its holdings in Wheaton Precious Metals by 52.1% during the 4th quarter. Arcadia Investment Management Corp MI now owns 4,377 shares of the company’s stock worth $85,000 after buying an additional 1,500 shares during the last quarter. Usca Ria LLC lifted its holdings in Wheaton Precious Metals by 18.3% during the 3rd quarter. Usca Ria LLC now owns 19,377 shares of the company’s stock worth $339,000 after buying an additional 3,001 shares during the last quarter. Neuberger Berman Group LLC lifted its holdings in Wheaton Precious Metals by 34.9% during the 3rd quarter. Neuberger Berman Group LLC now owns 14,504 shares of the company’s stock worth $254,000 after buying an additional 3,750 shares during the last quarter. Finally, ARP Americas LP lifted its holdings in Wheaton Precious Metals by 20.7% during the 3rd quarter. ARP Americas LP now owns 22,748 shares of the company’s stock worth $398,000 after buying an additional 3,900 shares during the last quarter. 53.14% of the stock is currently owned by institutional investors.

Shares of Wheaton Precious Metals stock opened at $21.36 on Friday. The company has a debt-to-equity ratio of 0.27, a quick ratio of 8.04 and a current ratio of 8.04. The company has a market cap of $9.34 billion, a PE ratio of 33.90, a P/E/G ratio of 7.84 and a beta of 0.08. Wheaton Precious Metals Corp has a twelve month low of $15.08 and a twelve month high of $22.86.

Wheaton Precious Metals (NYSE:WPM) last announced its quarterly earnings results on Wednesday, November 14th. The company reported $0.08 earnings per share for the quarter, missing analysts’ consensus estimates of $0.10 by ($0.02). The company had revenue of $185.77 million for the quarter, compared to analyst estimates of $191.11 million. Wheaton Precious Metals had a return on equity of 5.14% and a net margin of 33.64%. The firm’s revenue for the quarter was down 8.5% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.15 earnings per share. As a group, research analysts expect that Wheaton Precious Metals Corp will post 0.48 EPS for the current year.

A number of research analysts have commented on WPM shares. TD Securities reduced their target price on Wheaton Precious Metals from $27.00 to $25.00 and set a “buy” rating on the stock in a report on Thursday, November 15th. Scotiabank set a $35.00 target price on Wheaton Precious Metals and gave the stock a “buy” rating in a report on Friday, December 14th. TheStreet downgraded Wheaton Precious Metals from a “b-” rating to a “c+” rating in a report on Monday, November 12th. Credit Suisse Group cut Wheaton Precious Metals from an “outperform” rating to a “neutral” rating in a research report on Wednesday, December 19th. Finally, Zacks Investment Research cut Wheaton Precious Metals from a “hold” rating to a “sell” rating in a research report on Friday, December 7th. One analyst has rated the stock with a sell rating, two have assigned a hold rating and seven have given a buy rating to the stock. The stock currently has an average rating of “Buy” and a consensus price target of $31.17.

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Wheaton Precious Metals Profile

Wheaton Precious Metals Corp. operates as a silver and gold streaming company in Canada and internationally. It has streaming agreements for 20 operating mines and 9 development stage projects. The company was formerly known as Silver Wheaton Corp. and changed its name to Wheaton Precious Metals Corp.

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Institutional Ownership by Quarter for Wheaton Precious Metals (NYSE:WPM)

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