Two Sigma Investments LP Increases Holdings in Pan American Silver Corp. (NYSE:PAAS)

Two Sigma Investments LP boosted its holdings in shares of Pan American Silver Corp. (NYSE:PAAS - Free Report) TSE: PAAS by 2,009.4% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 651,584 shares of the basic materials company's stock after buying an additional 620,694 shares during the period. Two Sigma Investments LP owned approximately 0.18% of Pan American Silver worth $13,175,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. Comprehensive Financial Planning Inc. PA bought a new position in Pan American Silver during the fourth quarter valued at about $27,000. Bank Julius Baer & Co. Ltd Zurich purchased a new stake in shares of Pan American Silver in the fourth quarter worth about $32,000. Farther Finance Advisors LLC lifted its holdings in shares of Pan American Silver by 164.3% in the fourth quarter. Farther Finance Advisors LLC now owns 1,945 shares of the basic materials company's stock worth $39,000 after buying an additional 1,209 shares in the last quarter. SBI Securities Co. Ltd. purchased a new stake in shares of Pan American Silver in the fourth quarter worth about $43,000. Finally, Kohmann Bosshard Financial Services LLC purchased a new stake in shares of Pan American Silver in the fourth quarter worth about $53,000. Institutional investors and hedge funds own 55.43% of the company's stock.

Analyst Upgrades and Downgrades

A number of equities research analysts recently weighed in on PAAS shares. Wall Street Zen raised shares of Pan American Silver from a "buy" rating to a "strong-buy" rating in a research note on Thursday, May 15th. BMO Capital Markets initiated coverage on shares of Pan American Silver in a research note on Wednesday, April 16th. They set a "market perform" rating on the stock. National Bankshares reissued an "outperform" rating on shares of Pan American Silver in a research note on Wednesday, April 2nd. Royal Bank of Canada lifted their price target on shares of Pan American Silver from $28.00 to $30.00 and gave the stock an "outperform" rating in a research note on Tuesday, February 11th. Finally, CIBC lifted their price target on shares of Pan American Silver from $38.00 to $42.00 and gave the stock an "outperformer" rating in a research note on Thursday, May 8th. Four research analysts have rated the stock with a hold rating, two have assigned a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, Pan American Silver presently has a consensus rating of "Moderate Buy" and a consensus price target of $30.60.

Pan American Silver Price Performance

Shares of PAAS traded down $0.07 during mid-day trading on Thursday, hitting $24.33. 1,107,915 shares of the stock were exchanged, compared to its average volume of 3,756,797. The company has a market cap of $8.81 billion, a PE ratio of 75.92 and a beta of 0.75. Pan American Silver Corp. has a 52-week low of $17.86 and a 52-week high of $28.60. The firm has a 50-day moving average of $24.82 and a two-hundred day moving average of $23.55. The company has a debt-to-equity ratio of 0.16, a quick ratio of 0.96 and a current ratio of 2.50.

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

Pan American Silver Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, June 2nd. Stockholders of record on Tuesday, May 20th will be given a dividend of $0.10 per share. This represents a $0.40 dividend on an annualized basis and a dividend yield of 1.64%. The ex-dividend date is Tuesday, May 20th. Pan American Silver's payout ratio is 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.