American Capital Advisory LLC Lowers Position in Pan American Silver Corp. (NYSE:PAAS)

American Capital Advisory LLC decreased its stake in Pan American Silver Corp. (NYSE:PAAS) (TSE:PAAS) by 2.0% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 30,104 shares of the basic materials company’s stock after selling 626 shares during the quarter. 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. Barclays PLC increased its holdings in Pan American Silver by 156.4% in the 3rd quarter. Barclays PLC now owns 61,439 shares of the basic materials company’s stock worth $1,282,000 after acquiring an additional 37,480 shares in the last quarter. Stratos Wealth Advisors LLC boosted its position in shares of Pan American Silver by 33.4% in the third quarter. Stratos Wealth Advisors LLC now owns 159,268 shares of the basic materials company’s stock worth $3,324,000 after purchasing an additional 39,873 shares during the period. Marlin Sams Capital Management LLC increased its stake in shares of Pan American Silver by 89.2% in the third quarter. Marlin Sams Capital Management LLC now owns 700,000 shares of the basic materials company’s stock worth $14,609,000 after purchasing an additional 330,000 shares in the last quarter. U S Global Investors Inc. raised its position in shares of Pan American Silver by 66.7% during the 3rd quarter. U S Global Investors Inc. now owns 50,000 shares of the basic materials company’s stock valued at $1,044,000 after purchasing an additional 20,000 shares during the period. Finally, International Assets Investment Management LLC purchased a new position in shares of Pan American Silver during the 3rd quarter valued at $1,659,000. Institutional investors own 55.43% of the company’s stock.

Pan American Silver Price Performance

Shares of NYSE:PAAS opened at $24.57 on Friday. 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 firm has a market cap of $8.92 billion, a price-to-earnings ratio of -144.49 and a beta of 1.28. The firm has a fifty day moving average price of $21.93 and a 200 day moving average price of $21.73. Pan American Silver Corp. has a fifty-two week low of $12.16 and a fifty-two week high of $26.05.

Analyst Upgrades and Downgrades

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

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.