Oxford Asset Management LLP Buys 40,404 Shares of Pan American Silver Corp. (NYSE:PAAS)

Oxford Asset Management LLP boosted its position in shares of Pan American Silver Corp. (NYSE:PAAS - Free Report) TSE: PAAS by 169.5% during the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 64,242 shares of the basic materials company's stock after purchasing an additional 40,404 shares during the quarter. Pan American Silver comprises about 0.7% of Oxford Asset Management LLP's holdings, making the stock its 24th biggest holding. Oxford Asset Management LLP's holdings in Pan American Silver were worth $1,299,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Signaturefd LLC raised its stake in Pan American Silver by 6.0% during the 4th quarter. Signaturefd LLC now owns 7,924 shares of the basic materials company's stock worth $160,000 after acquiring an additional 451 shares during the period. US Bancorp DE raised its position in Pan American Silver by 9.6% in the 4th quarter. US Bancorp DE now owns 6,139 shares of the basic materials company's stock worth $124,000 after purchasing an additional 539 shares during the period. Jones Financial Companies Lllp raised its position in Pan American Silver by 23.4% in the 4th quarter. Jones Financial Companies Lllp now owns 2,892 shares of the basic materials company's stock worth $58,000 after purchasing an additional 549 shares during the period. Principal Securities Inc. increased its position in shares of Pan American Silver by 12.5% during the fourth quarter. Principal Securities Inc. now owns 5,977 shares of the basic materials company's stock worth $121,000 after acquiring an additional 664 shares during the period. Finally, Evergreen Capital Management LLC increased its position in shares of Pan American Silver by 2.4% during the fourth quarter. Evergreen Capital Management LLC now owns 30,203 shares of the basic materials company's stock worth $611,000 after acquiring an additional 715 shares during the period. Hedge funds and other institutional investors own 55.43% of the company's stock.

Pan American Silver Trading Down 4.6 %

NYSE:PAAS traded down $1.17 during trading hours on Thursday, reaching $24.02. 2,417,961 shares of the company were exchanged, compared to its average volume of 3,706,416. The stock has a 50 day simple moving average of $25.22 and a 200 day simple moving average of $23.51. The firm has a market cap of $8.70 billion, a price-to-earnings ratio of 74.96 and a beta of 1.06. Pan American Silver Corp. has a 52-week low of $17.86 and a 52-week high of $28.60. 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 (NYSE:PAAS - Get Free Report) TSE: PAAS last issued its earnings results on Wednesday, February 19th. The basic materials company reported $0.35 earnings per share (EPS) for the quarter, hitting analysts' consensus estimates of $0.35. The business had revenue of $815.10 million for the quarter, compared to analysts' expectations of $805.20 million. Pan American Silver had a return on equity of 6.14% and a net margin of 3.98%. As a group, analysts predict that Pan American Silver Corp. will post 1.26 EPS for the current year.

Pan American Silver Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, March 14th. Stockholders of record on Monday, March 3rd were paid a $0.10 dividend. The ex-dividend date was Monday, March 3rd. This represents a $0.40 dividend on an annualized basis and a dividend yield of 1.67%. Pan American Silver's dividend payout ratio (DPR) is presently 125.00%.

Wall Street Analysts Forecast Growth

PAAS has been the topic of several research reports. National Bankshares reissued an "outperform" rating on shares of Pan American Silver in a report on Wednesday, April 2nd. Royal Bank of Canada lifted their price target on Pan American Silver from $28.00 to $30.00 and gave the company an "outperform" rating in a research report on Tuesday, February 11th. Scotiabank reissued a "sector perform" rating on shares of Pan American Silver in a report on Monday, April 14th. StockNews.com lowered Pan American Silver from a "buy" rating to a "hold" rating in a report on Wednesday, April 2nd. Finally, BMO Capital Markets initiated coverage on Pan American Silver in a research note on Wednesday, April 16th. They set a "market perform" rating on the stock. Five investment analysts have rated the stock with a hold rating and two have given a buy rating to the company. According to data from MarketBeat.com, the company currently has an average rating of "Hold" and an average price target of $28.50.

Pan American Silver 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.