Decker Retirement Planning Inc. Acquires New Shares in Pan American Silver Corp. (NYSE:PAAS)

Decker Retirement Planning Inc. bought a new position in shares of Pan American Silver Corp. (NYSE:PAAS) (TSE:PAAS) during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm bought 1,598 shares of the basic materials company’s stock, valued at approximately $32,000.

Other institutional investors also recently modified their holdings of the company. Eastern Bank bought a new stake in shares of Pan American Silver in the 3rd quarter valued at $28,000. Laurel Wealth Advisors LLC acquired a new stake in shares of Pan American Silver during the fourth quarter worth about $30,000. Wilmington Savings Fund Society FSB acquired a new stake in shares of Pan American Silver during the third quarter worth about $32,000. Mark Sheptoff Financial Planning LLC grew its position in shares of Pan American Silver by 102.5% in the 3rd quarter. Mark Sheptoff Financial Planning LLC now owns 3,359 shares of the basic materials company’s stock valued at $70,000 after purchasing an additional 1,700 shares during the period. Finally, US Bancorp DE increased its stake in Pan American Silver by 13.4% during the 3rd quarter. US Bancorp DE now owns 5,600 shares of the basic materials company’s stock worth $117,000 after purchasing an additional 660 shares in the last quarter. 55.43% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of research analysts have weighed in on the stock. Jefferies Financial Group lifted their price target on shares of Pan American Silver from $21.00 to $23.00 and gave the company a “hold” rating in a research note on Friday, October 4th. StockNews.com lowered shares of Pan American Silver from a “buy” rating to a “hold” rating in a research note on Sunday, December 1st. Two analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $25.42.

Pan American Silver Stock Up 0.1 %

Pan American Silver stock opened at $21.47 on Friday. The company has a current ratio of 2.06, a quick ratio of 0.96 and a debt-to-equity ratio of 0.16. Pan American Silver Corp. has a 1-year low of $12.16 and a 1-year high of $26.05. The company has a fifty day simple moving average of $21.63 and a 200 day simple moving average of $21.66. The company has a market cap of $7.80 billion, a P/E ratio of -126.31 and a beta of 1.27.

Pan American Silver Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, November 29th. Investors of record on Monday, November 18th were issued a dividend of $0.10 per share. The ex-dividend date of this dividend was Monday, November 18th. This represents a $0.40 annualized dividend and a yield of 1.86%. Pan American Silver’s payout ratio is presently -235.28%.

About Pan American Silver

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.