Marlin Sams Capital Management LLC Has $5.72 Million Stock Holdings in Pan American Silver Corp. (NYSE:PAAS)

Marlin Sams Capital Management LLC raised its position in shares of Pan American Silver Corp. (NYSE:PAAS - Free Report) TSE: PAAS by 311.8% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 350,000 shares of the basic materials company's stock after buying an additional 265,000 shares during the period. Pan American Silver comprises 4.3% of Marlin Sams Capital Management LLC's portfolio, making the stock its 2nd biggest position. Marlin Sams Capital Management LLC owned about 0.10% of Pan American Silver worth $5,716,000 at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of PAAS. Optiver Holding B.V. increased its holdings in shares of Pan American Silver by 90.8% in the third quarter. Optiver Holding B.V. now owns 1,706 shares of the basic materials company's stock valued at $25,000 after purchasing an additional 812 shares in the last quarter. DekaBank Deutsche Girozentrale increased its holdings in shares of Pan American Silver by 0.6% in the third quarter. DekaBank Deutsche Girozentrale now owns 142,845 shares of the basic materials company's stock valued at $2,107,000 after purchasing an additional 857 shares in the last quarter. Mn Services Vermogensbeheer B.V. increased its holdings in shares of Pan American Silver by 0.5% in the fourth quarter. Mn Services Vermogensbeheer B.V. now owns 174,400 shares of the basic materials company's stock valued at $2,861,000 after purchasing an additional 900 shares in the last quarter. Stifel Financial Corp increased its holdings in shares of Pan American Silver by 0.7% in the third quarter. Stifel Financial Corp now owns 146,442 shares of the basic materials company's stock valued at $2,120,000 after purchasing an additional 1,064 shares in the last quarter. Finally, AE Wealth Management LLC increased its holdings in shares of Pan American Silver by 5.2% in the third quarter. AE Wealth Management LLC now owns 24,499 shares of the basic materials company's stock valued at $355,000 after purchasing an additional 1,204 shares in the last quarter. Institutional investors and hedge funds own 55.43% of the company's stock.

Pan American Silver Trading Up 0.3 %

Shares of NYSE PAAS traded up $0.05 during midday trading on Friday, reaching $19.02. 2,535,871 shares of the stock were exchanged, compared to its average volume of 6,713,105. The company has a market capitalization of $6.91 billion, a price-to-earnings ratio of -63.40, a P/E/G ratio of 3.14 and a beta of 1.44. Pan American Silver Corp. has a 12 month low of $12.16 and a 12 month high of $20.60. The business has a 50-day simple moving average of $15.48 and a two-hundred day simple moving average of $15.00. The company has a debt-to-equity ratio of 0.16, a current ratio of 2.23 and a quick ratio of 1.09.

Pan American Silver (NYSE:PAAS - Get Free Report) TSE: PAAS last posted its quarterly earnings data on Thursday, February 22nd. The basic materials company reported ($0.04) EPS for the quarter, missing the consensus estimate of $0.08 by ($0.12). The company had revenue of $669.60 million during the quarter, compared to the consensus estimate of $657.65 million. Pan American Silver had a negative net margin of 5.24% and a positive return on equity of 0.44%. During the same period in the prior year, the firm posted ($0.02) earnings per share. As a group, equities research analysts expect that Pan American Silver Corp. will post 0.38 EPS for the current year.

Pan American Silver Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, March 15th. Investors of record on Monday, March 4th were given a $0.10 dividend. The ex-dividend date was Friday, March 1st. This represents a $0.40 annualized dividend and a yield of 2.10%. Pan American Silver's dividend payout ratio is currently -133.33%.

Analysts Set New Price Targets

A number of brokerages have issued reports on PAAS. BMO Capital Markets reduced their price objective on shares of Pan American Silver from $27.00 to $22.00 and set an "outperform" rating on the stock in a research note on Thursday, January 18th. TD Securities reduced their price objective on shares of Pan American Silver from $18.50 to $17.50 and set a "buy" rating on the stock in a research note on Friday, February 23rd. Jefferies Financial Group raised their price objective on shares of Pan American Silver from $14.00 to $17.00 and gave the company a "hold" rating in a research note on Monday, April 22nd. StockNews.com cut shares of Pan American Silver from a "hold" rating to a "sell" rating in a research note on Monday, January 15th. Finally, Scotiabank raised their price objective on shares of Pan American Silver from $19.50 to $20.00 and gave the company a "sector outperform" rating in a research note on Monday, April 8th. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating and five have issued a buy rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $21.00.

Pan American Silver Company Profile

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.