Comprehensive Financial Planning Inc. PA Buys Shares of 1,336 Pan American Silver Corp. (NYSE:PAAS)

Comprehensive Financial Planning Inc. PA bought a new position in Pan American Silver Corp. (NYSE:PAAS) (TSE:PAAS) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 1,336 shares of the basic materials company’s stock, valued at approximately $27,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Van ECK Associates Corp raised its stake in Pan American Silver by 6.3% in the third quarter. Van ECK Associates Corp now owns 39,512,808 shares of the basic materials company’s stock valued at $824,632,000 after buying an additional 2,328,306 shares during the last quarter. FMR LLC raised its holdings in shares of Pan American Silver by 1,834.8% during the third quarter. FMR LLC now owns 1,344,991 shares of the basic materials company’s stock worth $28,084,000 after purchasing an additional 1,275,475 shares during the last quarter. Marlin Sams Capital Management LLC boosted its stake in shares of Pan American Silver by 89.2% in the third quarter. Marlin Sams Capital Management LLC now owns 700,000 shares of the basic materials company’s stock worth $14,609,000 after buying an additional 330,000 shares during the last quarter. National Bank of Canada FI increased its holdings in shares of Pan American Silver by 30.1% during the 3rd quarter. National Bank of Canada FI now owns 1,143,061 shares of the basic materials company’s stock valued at $23,857,000 after purchasing an additional 264,772 shares in the last quarter. Finally, Triasima Portfolio Management inc. acquired a new position in shares of Pan American Silver in the fourth quarter worth about $2,911,000. Institutional investors own 55.43% of the company’s stock.

Pan American Silver Trading Up 2.5 %

PAAS opened at $25.17 on Tuesday. Pan American Silver Corp. has a 52 week low of $12.16 and a 52 week high of $26.05. The company has a quick ratio of 0.96, a current ratio of 2.06 and a debt-to-equity ratio of 0.16. The firm has a market cap of $9.14 billion, a price-to-earnings ratio of -148.02 and a beta of 1.28. The business’s 50 day moving average is $22.01 and its two-hundred day moving average is $21.74.

Analyst Ratings Changes

Separately, StockNews.com lowered shares of Pan American Silver from a “buy” rating to a “hold” rating in a research report on Sunday, December 1st. Two equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. According to data from MarketBeat, Pan American Silver has a consensus rating of “Moderate Buy” and an average price target of $25.42.

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.