Global X Management Co. The legal version of this report can be accessed at https://rinconhillneighbors.org/2017/08/09/mag-silver-corp-mag-position-held-by-first-manhattan-co.html. First Manhattan Co.'s holdings in MAG Silver Corp were worth $469,000 as of its most recent filing with the SEC.
Goldcorp Inc. (NYSE:GG)'s earnings per share has been growing at a -38.5 percent rate over the past 5 year when average revenue increase was noted as -8.1 percent.
A number of other hedge funds also recently modified their holdings of MAG. FMR LLC bought a new stake in shares of MAG Silver Corp during the fourth quarter worth about $3,611,000.
Several other institutional investors have also made changes to their positions in the stock. Pan American Silver Corp. Quadrature Capital Ltd acquired a new position in MAG Silver Corp during the fourth quarter worth approximately $293,000. AQR Capital Management LLC raised its position in Pan American Silver Corp.by 46.1% in the fourth 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 in the last quarter. Swiss National Bank now owns 254,600 shares of the basic materials company's stock worth $4,457,000 after buying an additional 2,600 shares during the last quarter. Deutsche Bank upgraded Pan American Silver Corp. Wells Fargo & Company MN now owns 498,029 shares of the basic materials company's stock worth $8,726,000 after buying an additional 169,511 shares during the last quarter. The company's institutional ownership is monitored at 68.8 percent.
Shares of Pan American Silver Corp. (NASDAQ PAAS) traded up 1.65% during trading on Wednesday, reaching $16.02. The company's market capitalization is $1.01 billion.
Analysts await MAG Silver Corp (TSE:MAG) to report earnings on August, 21. The company has a 50 day moving average price of $12.96 and a 200-day moving average price of $13.32.
Among 7 analysts covering Pan American Silver Corp. (NASDAQ:PAAS) (TSE:PAAS) last posted its quarterly earnings results on Tuesday, May 9th. The basic materials company reported $0.06 earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $0.08 by $0.02. The company had revenue of $198.70 million during the quarter, compared to analysts' expectations of $179.02 million. Pan American Silver Corp. The business's quarterly revenue was up 25.5% compared to the same quarter past year. During the same period in the prior year, the business earned $0.02 EPS. UBS Asset Management Americas Inc. acquired a new position in MAG Silver Corp during the fourth quarter worth approximately $164,000.
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A number of equities research analysts have weighed in on PAAS shares. BMO Capital Markets raised MAG Silver Corp from a "market perform" rating to an "outperform" rating and dropped their price objective for the stock from $18.00 to $9.50 in a report on Friday, May 26th.
Depending on the earnings numbers reported, Pan American Silver Corp. CSFB began coverage on Pan American Silver Corp.in a report on Thursday, April 13th. As per Thursday, January 28, the company rating was downgraded by FBR Capital. RBC Capital Markets maintained it with "Buy" rating and $2200 target in Tuesday, May 30 report. Finally, TD Securities reiterated a "buy" rating on shares of Pan American Silver Corp.in a research report on Wednesday, May 10th. The forecast of 10 surveyed investment analysts covering the stock advises investors to Buy stake in the company. On Thursday, September 17 the stock rating was maintained by RBC Capital Markets with "Sector Perform".