Aperio Group LLC boosted its stake in Pan American Silver Corp. (NASDAQ:PAAS) (TSE:PAAS) by 1.7% during the second quarter, according to its most recent disclosure with the SEC. The firm owned 178,762 shares of the basic materials company’s stock after buying an additional 2,955 shares during the period. Aperio Group LLC owned approximately 0.12% of Pan American Silver Corp. worth $3,007,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. SG Americas Securities LLC purchased a new position in Pan American Silver Corp. during the first quarter valued at approximately $164,000. Zurcher Kantonalbank Zurich Cantonalbank boosted its position in Pan American Silver Corp. by 21.7% in the first quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 13,560 shares of the basic materials company’s stock valued at $237,000 after buying an additional 2,422 shares during the period. Moloney Securities Asset Management LLC boosted its position in Pan American Silver Corp. by 46.2% in the first quarter. Moloney Securities Asset Management LLC now owns 15,825 shares of the basic materials company’s stock valued at $277,000 after buying an additional 5,000 shares during the period. WFG Advisors LP boosted its position in Pan American Silver Corp. by 6.8% in the first quarter. WFG Advisors LP now owns 16,129 shares of the basic materials company’s stock valued at $283,000 after buying an additional 1,020 shares during the period. Finally, Royal Bank of Scotland Group PLC purchased a new position in Pan American Silver Corp. during the first quarter valued at approximately $307,000. Hedge funds and other institutional investors own 50.07% of the company’s stock.

Shares of Pan American Silver Corp. (PAAS) traded down 4.08% during mid-day trading on Friday, hitting $16.00. 1,695,966 shares of the stock were exchanged. The company’s 50-day moving average is $16.53 and its 200-day moving average is $17.58. Pan American Silver Corp. has a 1-year low of $13.80 and a 1-year high of $21.59. The firm has a market cap of $2.45 billion, a price-to-earnings ratio of 20.70 and a beta of 0.29.

Pan American Silver Corp. (NASDAQ:PAAS) (TSE:PAAS) last posted its quarterly earnings data on Tuesday, May 9th. The basic materials company reported $0.06 earnings per share for the quarter, missing the consensus estimate of $0.08 by $0.02. The company had revenue of $198.70 million during the quarter, compared to analyst estimates of $179.02 million. Pan American Silver Corp. had a net margin of 14.56% and a return on equity of 6.13%. The company’s revenue was up 25.5% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.02 EPS. Equities research analysts anticipate that Pan American Silver Corp. will post $0.45 earnings per share for the current fiscal year.

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Several research analysts have commented on the stock. FBR & Co upped their target price on shares of Pan American Silver Corp. from $20.00 to $22.00 and gave the stock a “mkt perform” rating in a research report on Friday, May 12th. Zacks Investment Research upgraded shares of Pan American Silver Corp. from a “hold” rating to a “buy” rating and set a $18.00 target price for the company in a research report on Wednesday, May 3rd. CSFB assumed coverage on shares of Pan American Silver Corp. in a research report on Thursday, April 13th. They issued a “neutral” rating for the company. TheStreet cut shares of Pan American Silver Corp. from a “b-” rating to a “c+” rating in a research report on Friday, July 28th. Finally, TD Securities restated a “buy” rating on shares of Pan American Silver Corp. in a research report on Wednesday, May 10th. Six investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. Pan American Silver Corp. has a consensus rating of “Hold” and an average target price of $19.83.

About Pan American Silver Corp.

Pan American Silver Corp. is a silver production company. The Company is principally engaged in the operation and development of, and exploration for, silver producing properties. The Company’s segments include Peru, Mexico, Argentina and Bolivia. The Company also produces and sells gold, zinc, lead and copper.

Institutional Ownership by Quarter for Pan American Silver Corp. (NASDAQ:PAAS)

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