American Capital Advisory LLC Sells 626 Shares of Pan American Silver Corp. (NYSE:PAAS)

American Capital Advisory LLC lessened its position in Pan American Silver Corp. (NYSE:PAAS) (TSE:PAAS) by 2.0% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 30,104 shares of the basic materials company’s stock after selling 626 shares during the period. American Capital Advisory LLC’s holdings in Pan American Silver were worth $609,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Van ECK Associates Corp raised its holdings in Pan American Silver by 6.3% in the 3rd quarter. Van ECK Associates Corp now owns 39,512,808 shares of the basic materials company’s stock worth $824,632,000 after acquiring an additional 2,328,306 shares during the last quarter. Ingalls & Snyder LLC raised its stake in shares of Pan American Silver by 3.4% in the third quarter. Ingalls & Snyder LLC now owns 1,637,988 shares of the basic materials company’s stock worth $34,185,000 after purchasing an additional 53,500 shares during the last quarter. Geode Capital Management LLC lifted its holdings in shares of Pan American Silver by 7.6% during the third quarter. Geode Capital Management LLC now owns 1,533,328 shares of the basic materials company’s stock valued at $31,713,000 after purchasing an additional 108,039 shares in the last quarter. FMR LLC boosted its position 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 valued at $28,084,000 after buying an additional 1,275,475 shares during the last quarter. Finally, National Bank of Canada FI increased its holdings in Pan American Silver by 30.1% in the 3rd quarter. National Bank of Canada FI now owns 1,143,061 shares of the basic materials company’s stock worth $23,857,000 after buying an additional 264,772 shares in the last quarter. Hedge funds and other institutional investors own 55.43% of the company’s stock.

Analysts Set New Price Targets

Separately, StockNews.com cut shares of Pan American Silver from a “buy” rating to a “hold” rating in a research note on Sunday, December 1st. Two investment analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. According to MarketBeat, Pan American Silver currently has an average rating of “Moderate Buy” and an average target price of $25.42.

Pan American Silver Trading Down 0.9 %

Shares of NYSE:PAAS opened at $24.57 on Friday. Pan American Silver Corp. has a 52-week low of $12.16 and a 52-week high of $26.05. The stock has a market capitalization of $8.92 billion, a price-to-earnings ratio of -144.49 and a beta of 1.28. The company has a debt-to-equity ratio of 0.16, a quick ratio of 0.96 and a current ratio of 2.06. The stock’s 50-day simple moving average is $21.93 and its two-hundred day simple moving average is $21.73.

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.