O Domhnaill Enterprises Inc. Has $4.25 Million Holdings in Pan American Silver Corp. $PAAS

O Domhnaill Enterprises Inc. decreased its position in Pan American Silver Corp. (NYSE:PAAS) (TSE:PAAS) by 16.9% during the 1st quarter, Holdings Channel.com reports. The firm owned 77,799 shares of the basic materials company’s stock after selling 15,800 shares during the period. Pan American Silver comprises about 3.4% of O Domhnaill Enterprises Inc.’s portfolio, making the stock its 8th biggest holding. O Domhnaill Enterprises Inc.’s holdings in Pan American Silver were worth $4,250,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Parallel Advisors LLC increased its holdings in shares of Pan American Silver by 151.8% in the 3rd quarter. Parallel Advisors LLC now owns 642 shares of the basic materials company’s stock worth $25,000 after buying an additional 387 shares during the last quarter. Caitong International Asset Management Co. Ltd purchased a new stake in shares of Pan American Silver during the fourth quarter worth about $34,000. Laurel Wealth Advisors LLC bought a new stake in Pan American Silver in the fourth quarter valued at $41,000. Golden State Wealth Management LLC grew its holdings in shares of Pan American Silver by 173.3% during the 4th quarter. Golden State Wealth Management LLC now owns 820 shares of the basic materials company’s stock worth $42,000 after acquiring an additional 520 shares during the period. Finally, Harbor Investment Advisory LLC bought a new position in shares of Pan American Silver in the 1st quarter worth about $44,000. 55.43% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Several brokerages recently issued reports on PAAS. Wall Street Zen upgraded shares of Pan American Silver from a “buy” rating to a “strong-buy” rating in a report on Saturday. Royal Bank Of Canada reissued an “outperform” rating and issued a $75.00 price target on shares of Pan American Silver in a research report on Tuesday, April 28th. Zacks Research downgraded Pan American Silver from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, April 22nd. TD Cowen upgraded Pan American Silver from a “hold” rating to a “buy” rating and raised their price objective for the stock from $67.00 to $72.00 in a research note on Tuesday, May 12th. Finally, Weiss Ratings reaffirmed a “buy (b)” rating on shares of Pan American Silver in a report on Tuesday, May 12th. Eight investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $67.86.

Pan American Silver Trading Down 2.3%

NYSE PAAS traded down $1.02 on Tuesday, reaching $44.00. The stock had a trading volume of 1,500,205 shares, compared to its average volume of 6,778,746. The company has a quick ratio of 2.11, a current ratio of 2.84 and a debt-to-equity ratio of 0.11. The firm has a market capitalization of $18.48 billion, a price-to-earnings ratio of 14.11, a P/E/G ratio of 0.38 and a beta of 0.72. The stock has a fifty day moving average price of $51.88 and a two-hundred day moving average price of $55.07. Pan American Silver Corp. has a 12-month low of $26.76 and a 12-month high of $69.99.

Pan American Silver (NYSE:PAAS) (TSE:PAAS) last released its earnings results on Tuesday, May 5th. The basic materials company reported $1.09 EPS for the quarter, topping the consensus estimate of $1.06 by $0.03. The firm had revenue of $1.33 billion during the quarter, compared to analysts’ expectations of $1.25 billion. Pan American Silver had a return on equity of 19.50% and a net margin of 31.66%.Pan American Silver’s revenue for the quarter was up 49.3% on a year-over-year basis. During the same period in the previous year, the firm posted $0.42 EPS. As a group, sell-side analysts forecast that Pan American Silver Corp. will post 4.47 EPS for the current fiscal year.

Pan American Silver Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, June 1st. Shareholders of record on Tuesday, May 19th were given a dividend of $0.18 per share. The ex-dividend date of this dividend was Tuesday, May 19th. This represents a $0.72 annualized dividend and a yield of 1.6%. Pan American Silver’s payout ratio is 23.15%.

Pan American Silver Profile

Pan American Silver Corp. (NYSE: PAAS) is a Vancouver-based mining company and one of the world’s largest primary silver producers. The company’s core activities encompass the exploration, development, extraction and processing of silver, with significant by-product production of gold, zinc and lead. Pan American Silver maintains a vertically integrated operating model, covering the full mining value chain from resource discovery through to refined metal production.

With a geographic footprint concentrated across the Americas, Pan American Silver operates multiple mines in Mexico, Peru, Argentina and Bolivia, and is advancing several development and exploration projects in Chile and Ecuador.