2 weeks Ago By ABMN Staff
Cerity Partners LLC increased its stake in shares of Wheaton Precious Metals Corp. ( NYSE:WPM – Free Report ) by 11.1% in the fourth quarter, HoldingsChannel reports.
The firm owned 19,213 shares of the company’s stock after buying an additional 1,923 shares during the period. Cerity Partners LLC’s holdings in Wheaton Precious Metals were worth $1,102,000 as of its most recent SEC filing. A number of other institutional investors also recently added to or reduced their stakes in WPM.
Raymond James Financial Inc. bought a new stake in shares of Wheaton Precious Metals in the 4th quarter valued at about $20,790,000. Sei Investments Co.
boosted its stake in Wheaton Precious Metals by 25.7% in the fourth quarter. Sei Investments Co.
now owns 40,769 shares of the company’s stock valued at $2,293,000 after acquiring an additional 8,331 shares in the last quarter. CWA Asset Management Group LLC boosted its stake in Wheaton Precious Metals by 19.7% in the fourth quarter.
CWA Asset Management Group LLC now owns 163,514 shares of the company’s stock valued at $9,196,000 after acquiring an additional 26,924 shares in the last quarter. Bank of New York Mellon Corp grew its holdings in Wheaton Precious Metals by 9.1% in the fourth quarter.
Bank of New York Mellon Corp now owns 399,035 shares of the company’s stock worth $22,442,000 after purchasing an additional 33,256 shares during the last quarter. Finally, Pacer Advisors Inc. increased its position in shares of Wheaton Precious Metals by 5.
7% during the fourth quarter. Pacer Advisors Inc. now owns 4,027 shares of the company’s stock worth $226,000 after purchasing an additional 216 shares in the last quarter.
Institutional investors own 70.34% of the company’s stock. Wheaton Precious Metals Price Performance Shares of Wheaton Precious Metals stock opened at $84.
16 on Friday. Wheaton Precious Metals Corp. has a 1 year low of $50.
91 and a 1 year high of $86.20. The stock has a market cap of $38.
18 billion, a PE ratio of 62.81, a price-to-earnings-growth ratio of 1.91 and a beta of 0.
74. The firm has a fifty day moving average price of $73.63 and a 200 day moving average price of $65.
58. Wheaton Precious Metals Increases Dividend The business also recently declared a quarterly dividend, which was paid on Friday, April 11th. Shareholders of record on Tuesday, April 1st were issued a $0.
165 dividend. The ex-dividend date of this dividend was Tuesday, April 1st. This is an increase from Wheaton Precious Metals’s previous quarterly dividend of $0.
16. This represents a $0.66 dividend on an annualized basis and a yield of 0.
78%. Wheaton Precious Metals’s payout ratio is presently 56.90%.
Wall Street Analyst Weigh In Several research analysts recently issued reports on WPM shares. Stifel Canada raised Wheaton Precious Metals from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, February 4th. Royal Bank of Canada increased their price objective on shares of Wheaton Precious Metals from $75.
00 to $80.00 and gave the company a “sector perform” rating in a research report on Friday, April 4th. Raymond James boosted their target price on shares of Wheaton Precious Metals from $88.
00 to $90.00 and gave the stock an “outperform” rating in a research report on Tuesday. Scotiabank upped their price target on shares of Wheaton Precious Metals from $79.
00 to $87.00 and gave the company a “sector outperform” rating in a research note on Monday, April 14th. Finally, UBS Group lifted their price objective on shares of Wheaton Precious Metals from $78.
00 to $89.00 and gave the stock a “buy” rating in a research note on Friday, April 11th. One research analyst has rated the stock with a hold rating, eight have assigned a buy rating and two have given a strong buy rating to the company’s stock.
According to data from MarketBeat, Wheaton Precious Metals has a consensus rating of “Buy” and an average price target of $83.40. Get Our Latest Stock Report on WPM Wheaton Precious Metals Company Profile ( Free Report ) Wheaton Precious Metals Corp.
primarily sells precious metals in North America, Europe, and South America. It produces and sells gold, silver, palladium, and cobalt deposits. The company was formerly known as Silver Wheaton Corp.
and changed its name to Wheaton Precious Metals Corp. in May 2017. Wheaton Precious Metals Corp.
Further Reading Want to see what other hedge funds are holding WPM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Wheaton Precious Metals Corp. ( NYSE:WPM – Free Report ).
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