Osaic Holdings Inc. Grows Stock Position in Pan American Silver Corp. $PAAS

Osaic Holdings Inc. increased its holdings in Pan American Silver Corp. (NYSE:PAAS - Free Report) TSE: PAAS by 299.4% in the 2nd quarter, according to its most recent disclosure with the SEC. The firm owned 144,087 shares of the basic materials company's stock after acquiring an additional 108,012 shares during the period. Osaic Holdings Inc.'s holdings in Pan American Silver were worth $4,092,000 at the end of the most recent quarter.Get Pan American Silver alerts:These 3 Surging Gold & Silver Stocks Just Boosted DividendsA number of other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Northwestern Mutual Wealth Management Co. boosted its position in shares of Pan American Silver by 53.6% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 1,703 shares of the basic materials company's stock worth $48,000 after buying an additional 594 shares during the period. Mark Sheptoff Financial Planning LLC acquired a new position in shares of Pan American Silver during the second quarter worth $51,000. Kiker Wealth Management LLC raised its stake in Pan American Silver by 42.4% in the second quarter. Kiker Wealth Management LLC now owns 2,014 shares of the basic materials company's stock valued at $57,000 after buying an additional 600 shares in the last quarter. CWM LLC lifted its holdings in Pan American Silver by 32.1% during the 2nd quarter. CWM LLC now owns 2,264 shares of the basic materials company's stock worth $64,000 after buying an additional 550 shares during the last quarter. Finally, Employees Retirement System of Texas purchased a new position in shares of Pan American Silver in the 2nd quarter valued at about $81,000. Hedge funds and other institutional investors own 55.43% of the company's stock. Pan American Silver Stock Down 0.2%Pan American Silver stock opened at $53.75 on Thursday. The stock has a market capitalization of $22.69 billion, a price-to-earnings ratio of 31.07, a PEG ratio of 0.51 and a beta of 0.72. The company has a current ratio of 2.31, a quick ratio of 1.55 and a debt-to-equity ratio of 0.12. The stock has a 50 day moving average of $41.48 and a two-hundred day moving average of $35.60. Pan American Silver Corp. has a twelve month low of $19.80 and a twelve month high of $54.41. More Than a Monetary Metal: Silver's Case for OutperformancePan American Silver (NYSE:PAAS - Get Free Report) TSE: PAAS last issued its quarterly earnings results on Wednesday, November 12th. The basic materials company reported $0.48 earnings per share for the quarter, missing the consensus estimate of $0.49 by ($0.01). The company had revenue of $854.60 million for the quarter, compared to analyst estimates of $867.76 million. Pan American Silver had a return on equity of 11.66% and a net margin of 19.52%.Pan American Silver's revenue for the quarter was up 19.3% compared to the same quarter last year. During the same period in the prior year, the business earned $0.32 earnings per share. As a group, research analysts expect that Pan American Silver Corp. will post 1.26 earnings per share for the current year. Pan American Silver Increases DividendThe firm also recently disclosed a quarterly dividend, which was paid on Friday, December 5th. Shareholders of record on Monday, November 24th were issued a $0.14 dividend. The ex-dividend date of this dividend was Monday, November 24th. This represents a $0.56 dividend on an annualized basis and a yield of 1.0%. This is a boost from Pan American Silver's previous quarterly dividend of $0.12. Pan American Silver's dividend payout ratio is presently 32.37%. Wall Street Analyst Weigh InTop 3 Silver Picks to Watch as Bull Market Gains SteamSeveral equities research analysts recently weighed in on PAAS shares. Scotiabank boosted their target price on Pan American Silver from $36.00 to $47.00 and gave the stock an "outperform" rating in a research note on Thursday, October 23rd. Jefferies Financial Group restated a "hold" rating and issued a $50.00 target price on shares of Pan American Silver in a report on Sunday, December 7th. CIBC boosted their price target on shares of Pan American Silver from $50.00 to $62.00 and gave the company an "outperformer" rating in a research report on Friday, October 10th. National Bankshares restated an "outperform" rating on shares of Pan American Silver in a research note on Friday, September 5th. Finally, Weiss Ratings reiterated a "buy (b)" rating on shares of Pan American Silver in a research report on Monday. Two research analysts have rated the stock with a Strong Buy rating, six have issued a Buy rating and three have given a Hold rating to the company's stock. According to MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus price target of $44.33.Read Our Latest Stock Analysis on Pan American SilverAbout Pan American Silver (Free Report)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.Featured ArticlesFive stocks we like better than Pan American SilverDo not delete, read immediatelyINVESTOR ALERT: Tiny “$3 AI Wonder Stock” on the Verge of Blasting OffCan Any Expenses Be Deducted From Capital Gains Tax?Buffett, Gates and Bezos Quietly Dumping Stocks—Here's WhyForget AI, This Will Be the Next Big Tech BreakthroughWant to see what other hedge funds are holding PAAS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Pan American Silver Corp. (NYSE:PAAS - Free Report) TSE: PAAS.This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. 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