17,462 Shares in Wheaton Precious Metals Corp. $WPM Purchased by Moody Lynn & Lieberson LLC

Key Points

• Moody Lynn & Lieberson LLC bought a new stake of 17,462 shares in Wheaton Precious Metals during Q4, valued at about $2.05 million, while institutional investors own roughly 70.34% of the stock.
• Wheaton reported a strong quarter with EPS $1.22 (vs. $0.91 consensus) and revenue of $864.7 million, up 127.3% year‑over‑year.
• The company raised its quarterly dividend to $0.195 (annualized $0.78, yield 0.6%), and analyst sentiment is largely positive with a consensus "Moderate Buy" and an average target of $145.36 (13 Buys, 1 Hold).

Moody Lynn & Lieberson LLC bought a new stake in Wheaton Precious Metals Corp. (NYSE:WPM - Free Report) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor bought 17,462 shares of the company's stock, valued at approximately $2,052,000.

Several other hedge funds and other institutional investors also recently bought and sold shares of the business. Nisa Investment Advisors LLC acquired a new stake in Wheaton Precious Metals during the 3rd quarter valued at approximately $26,000. Root Financial Partners LLC acquired a new stake in shares of Wheaton Precious Metals in the third quarter worth $29,000. Aventura Private Wealth LLC acquired a new stake in shares of Wheaton Precious Metals in the fourth quarter worth $34,000. Triumph Capital Management purchased a new position in shares of Wheaton Precious Metals during the third quarter worth $33,000. Finally, Pacifica Partners Inc. raised its holdings in shares of Wheaton Precious Metals by 27.8% during the third quarter. Pacifica Partners Inc. now owns 460 shares of the company's stock worth $51,000 after purchasing an additional 100 shares during the last quarter. Institutional investors and hedge funds own 70.34% of the company's stock.

Analyst Upgrades and Downgrades

WPM has been the topic of several recent research reports. Royal Bank Of Canada raised shares of Wheaton Precious Metals from a "sector perform" rating to an "outperform" rating and upped their price target for the company from $115.00 to $130.00 in a report on Wednesday, December 10th. Zacks Research lowered Wheaton Precious Metals from a "strong-buy" rating to a "hold" rating in a research note on Thursday, March 5th. UBS Group upgraded Wheaton Precious Metals from a "neutral" rating to a "buy" rating and set a $160.00 target price on the stock in a research note on Friday, March 27th. TD Securities raised their target price on Wheaton Precious Metals from $164.00 to $165.00 and gave the stock a "buy" rating in a report on Monday, March 16th. Finally, Wall Street Zen cut Wheaton Precious Metals from a "strong-buy" rating to a "buy" rating in a research report on Saturday. Thirteen analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company's stock. According to MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $145.36.

Wheaton Precious Metals Stock Performance

WPM stock opened at $131.14 on Wednesday. Wheaton Precious Metals Corp. has a one year low of $68.03 and a one year high of $165.76. The firm's fifty day moving average is $141.77 and its 200 day moving average is $121.49. The firm has a market cap of $59.54 billion, a PE ratio of 40.48, a P/E/G ratio of 1.77 and a beta of 0.50.

Wheaton Precious Metals (NYSE:WPM - Get Free Report) last issued its quarterly earnings data on Thursday, March 12th. The company reported $1.22 earnings per share for the quarter, topping analysts' consensus estimates of $0.91 by $0.31. Wheaton Precious Metals had a net margin of 63.58% and a return on equity of 17.17%. The business had revenue of $864.71 million during the quarter, compared to the consensus estimate of $719.59 million. During the same quarter in the prior year, the firm posted $0.44 earnings per share. The company's revenue was up 127.3% compared to the same quarter last year. Research analysts predict that Wheaton Precious Metals Corp. will post 1.46 earnings per share for the current fiscal year.

Wheaton Precious Metals Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, April 10th. Shareholders of record on Tuesday, March 31st will be given a dividend of $0.195 per share. This is an increase from Wheaton Precious Metals's previous quarterly dividend of $0.17. This represents a $0.78 dividend on an annualized basis and a yield of 0.6%. The ex-dividend date is Tuesday, March 31st. Wheaton Precious Metals's dividend payout ratio (DPR) is currently 20.37%.

Wheaton Precious Metals Company Profile

Wheaton Precious Metals Corp. is a Canada-based precious metals streaming company that acquires and manages long-term purchase agreements for metals produced by mining companies. Rather than operating mines, Wheaton provides upfront and ongoing financing to miners in exchange for the right to purchase a portion of the metals produced — typically silver and gold, and occasionally other precious metals — at predetermined prices. This streaming business model offers investors exposure to metal production with reduced operating and capital-cost risk compared with traditional mining companies.

The company's activities center on structuring and maintaining a diversified portfolio of streaming agreements across multiple jurisdictions.

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