DJE Kapital AG Acquires Shares in Pan American Silver Corp.

DJE Kapital AG has made a noteworthy acquisition by establishing a new position in Pan American Silver Corp. (NYSE: PAAS, TSE: PAAS) during the fourth quarter, as per their latest disclosure with the SEC. The firm has acquired 150,402 shares of the basic materials company, amounting to approximately $3,039,000.

Several other institutional investors and hedge funds have also recently adjusted their stakes in Pan American Silver. For instance, Comprehensive Financial Planning Inc. acquired a new position valued at about $27,000, while Laurel Wealth Advisors LLC invested approximately $30,000 in the same quarter. Other noteworthy acquisitions include Wilmington Savings Fund Society FSB, which invested $32,000, and Decker Retirement Planning Inc., which also made a purchase of $32,000 in shares. Additionally, SBI Securities Co. Ltd. acquired shares worth $43,000. Overall, institutional investors and hedge funds collectively hold 55.43% of the company's stock.

Analyst Ratings

In the realm of market analysis, various equities research analysts have provided insights on Pan American Silver's shares. TD Securities raised their price target from $25.00 to $28.00, designating the company with a "buy" rating in a research note. Similarly, Scotiabank increased their target from $28.00 to $28.50, classifying it as a "sector outperform." Royal Bank of Canada also adjusted their target from $28.00 to $30.00 with an "outperform" rating. Conversely, StockNews.com downgraded Pan American Silver from a "buy" to a "hold" rating. Currently, two research analysts advocate a hold rating while three recommend a buy, leading to an average rating of "Moderate Buy" with a projected target price of $28.08.

Current Stock Performance

As of Monday, Pan American Silver stock opened at $23.82 per share. The company boasts a market capitalization of $8.62 billion with a P/E ratio of 74.42. The stock has a beta of 1.28, reflecting its volatility compared to the market. The fifty-day moving average stands at $22.67, while its two-hundred day average is $22.14. Current liquidity metrics indicate a current ratio of 2.50 and a quick ratio of 0.96, with a debt-to-equity ratio of 0.16. Over the past year, Pan American Silver's stock has fluctuated, reaching a low of $12.19 and a high of $26.05.

Recent Earnings Announcement

Recently, Pan American Silver released its quarterly earnings results. The company reported earnings of $0.35 per share, matching analysts' consensus estimates. Earnings for the quarter totaled $815.10 million, surpassing the expected $805.20 million. They achieved a net margin of 3.98% and a return on equity of 6.14%. Analysts project that Pan American Silver will report earnings of $1.26 per share for the current fiscal year.

Dividend Announcement

Furthermore, Pan American Silver recently declared a quarterly dividend, which is set to be paid on Friday, March 14th. Shareholders on record as of Monday, March 3rd will receive a dividend of $0.10 per share, translating to an annualized dividend of $0.40 and a yield of 1.68%. It's worth noting that the company's dividend payout ratio (DPR) currently stands at 125.00%.

Company Overview

Pan American Silver Corp. is engaged in various activities related to precious metals, including exploration, mining development, extraction, processing, refining, and reclamation of silver, gold, zinc, lead, and copper mines across several countries including Canada, Mexico, Peru, Bolivia, Argentina, Chile, and Brazil. The company was formerly identified as Pan American Minerals Corp. before rebranding to its current name.

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