US Bancorp DE Has $124,000 Stock Holdings in Pan American Silver Corp. (NYSE:PAAS)

US Bancorp DE boosted its holdings in shares of Pan American Silver Corp. (NYSE:PAAS) (TSE:PAAS) by 9.6% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 6,139 shares of the basic materials company’s stock after buying an additional 539 shares during the period. US Bancorp DE’s holdings in Pan American Silver were worth $124,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently bought and sold shares of the company. Comprehensive Financial Planning Inc. PA purchased a new position in Pan American Silver in the fourth quarter valued at about $27,000. Laurel Wealth Advisors LLC bought a new stake in Pan American Silver during the 4th quarter valued at approximately $30,000. Wilmington Savings Fund Society FSB bought a new stake in Pan American Silver during the 3rd quarter valued at approximately $32,000. Decker Retirement Planning Inc. acquired a new position in Pan American Silver in the 4th quarter valued at approximately $32,000. Finally, Mark Sheptoff Financial Planning LLC raised its holdings in Pan American Silver by 102.5% in the 3rd quarter. Mark Sheptoff Financial Planning LLC now owns 3,359 shares of the basic materials company’s stock valued at $70,000 after acquiring an additional 1,700 shares in the last quarter. 55.43% of the stock is owned by institutional investors and hedge funds.

Pan American Silver Price Performance

NYSE:PAAS opened at $25.77 on Monday. The company has a debt-to-equity ratio of 0.16, a quick ratio of 0.96 and a current ratio of 2.50. The stock’s 50-day simple moving average is $23.46 and its 200 day simple moving average is $22.39. The company has a market cap of $9.33 billion, a P/E ratio of 80.52 and a beta of 1.25. Pan American Silver Corp. has a 52-week low of $13.52 and a 52-week high of $26.13.

Pan American Silver (NYSE:PAAS) (TSE:PAAS) last posted its quarterly earnings results on Wednesday, February 19th. The basic materials company reported $0.35 EPS for the quarter, hitting analysts’ consensus estimates of $0.35. Pan American Silver had a return on equity of 6.14% and a net margin of 3.98%. The business had revenue of $815.10 million during the quarter, compared to analysts’ expectations of $805.20 million. As a group, sell-side analysts forecast that Pan American Silver Corp. will post 1.26 EPS for the current fiscal year.

Pan American Silver Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 14th. Stockholders of record on Monday, March 3rd were issued a dividend of $0.10 per share. This represents a $0.40 dividend on an annualized basis and a dividend yield of 1.55%. The ex-dividend date was Monday, March 3rd. Pan American Silver’s dividend payout ratio is presently 125.00%.

Wall Street Analysts Forecast Growth

A number of brokerages have recently issued reports on PAAS. Royal Bank of Canada increased their target price on Pan American Silver from $28.00 to $30.00 and gave the stock an “outperform” rating in a report on Tuesday, February 11th. Scotiabank increased their price objective on Pan American Silver from $28.00 to $28.50 and gave the company a “sector outperform” rating in a research report on Tuesday, February 25th. TD Securities lowered Pan American Silver from a “buy” rating to a “hold” rating and reduced their price target for the stock from $28.00 to $27.00 in a research report on Tuesday, March 11th. Finally, StockNews.com downgraded Pan American Silver from a “buy” rating to a “hold” rating in a research note on Sunday, December 1st. Three equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. According to MarketBeat, Pan American Silver has a consensus rating of “Hold” and an average price target of $27.92.

About Pan American Silver

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.