UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Increases Stock Position in Pan American Silver Corp. (NYSE:PAAS)

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its position in shares of Pan American Silver Corp. (NYSE:PAAS - Free Report) TSE: PAAS by 16.1% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 500,868 shares of the basic materials company's stock after buying an additional 69,596 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned approximately 0.14% of Pan American Silver worth $10,128,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in the company. USS Investment Management Ltd purchased a new position in shares of Pan American Silver in the 4th quarter worth $2,382,000. Vident Advisory LLC lifted its holdings in shares of Pan American Silver by 4.1% in the 4th quarter. Vident Advisory LLC now owns 40,507 shares of the basic materials company's stock valued at $819,000 after acquiring an additional 1,582 shares during the last quarter. Two Sigma Advisers LP grew its position in Pan American Silver by 300.9% in the fourth quarter. Two Sigma Advisers LP now owns 277,043 shares of the basic materials company's stock worth $5,602,000 after acquiring an additional 207,933 shares in the last quarter. Two Sigma Investments LP increased its stake in Pan American Silver by 2,009.4% during the fourth quarter. Two Sigma Investments LP now owns 651,584 shares of the basic materials company's stock worth $13,175,000 after acquiring an additional 620,694 shares during the last quarter. Finally, State of Wyoming raised its position in Pan American Silver by 93.8% during the fourth quarter. State of Wyoming now owns 9,161 shares of the basic materials company's stock valued at $185,000 after purchasing an additional 4,435 shares during the period. Institutional investors own 55.43% of the company's stock.

Analyst Upgrades and Downgrades

Several equities research analysts have recently issued reports on the stock. TD Securities lowered their target price on shares of Pan American Silver from $30.00 to $26.00 and set a "hold" rating for the company in a report on Thursday, May 22nd. Wall Street Zen upgraded Pan American Silver from a "buy" rating to a "strong-buy" rating in a research report on Thursday, May 15th. Royal Bank of Canada increased their price target on Pan American Silver from $28.00 to $30.00 and gave the stock an "outperform" rating in a report on Tuesday, February 11th. BMO Capital Markets started coverage on Pan American Silver in a research note on Wednesday, April 16th. They set a "market perform" rating for the company. Finally, National Bankshares reaffirmed an "outperform" rating on shares of Pan American Silver in a research report on Wednesday, April 2nd. Four research analysts have rated the stock with a hold rating, two have issued a buy rating and one has given a strong buy rating to the company's stock. According to MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $30.60.

Pan American Silver Trading Down 0.2%

Shares of NYSE:PAAS traded down $0.06 during trading on Tuesday, reaching $26.10. 3,320,626 shares of the company were exchanged, compared to its average volume of 3,786,920. The business's fifty day simple moving average is $24.76 and its 200-day simple moving average is $23.64. The company has a debt-to-equity ratio of 0.16, a current ratio of 2.50 and a quick ratio of 0.96. Pan American Silver Corp. has a 12-month low of $17.86 and a 12-month high of $28.60. The firm has a market capitalization of $9.45 billion, a PE ratio of 81.57 and a beta of 0.75.

Pan American Silver (NYSE:PAAS - Get Free Report) TSE: PAAS last announced its quarterly earnings data on Wednesday, May 7th. The basic materials company reported $0.42 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.19 by $0.23. The company had revenue of $773.20 million for the quarter, compared to analysts' expectations of $696.62 million. Pan American Silver had a return on equity of 6.14% and a net margin of 3.98%. Pan American Silver's revenue was up 28.6% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.01 earnings per share. On average, research analysts anticipate that Pan American Silver Corp. will post 1.26 EPS for the current year.

Pan American Silver Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, June 2nd. Stockholders of record on Tuesday, May 20th were paid a dividend of $0.10 per share. The ex-dividend date was Tuesday, May 20th. This represents a $0.40 annualized dividend and a dividend yield of 1.53%. Pan American Silver's dividend payout ratio is currently 45.98%.

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.