Wheaton Precious Metals Corp (WPM) Holdings Lifted by Prudential PLC

Share on StockTwits

Prudential PLC boosted its stake in shares of Wheaton Precious Metals Corp (NYSE:WPM) by 0.6% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 311,692 shares of the company’s stock after buying an additional 1,753 shares during the quarter. Prudential PLC owned 0.07% of Wheaton Precious Metals worth $6,087,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently modified their holdings of WPM. Arcadia Investment Management Corp MI grew its position in Wheaton Precious Metals by 52.1% during the fourth quarter. Arcadia Investment Management Corp MI now owns 4,377 shares of the company’s stock worth $85,000 after buying an additional 1,500 shares during the period. Midas Management Corp acquired a new stake in shares of Wheaton Precious Metals in the fourth quarter valued at approximately $117,000. Quadrant Capital Group LLC grew its position in shares of Wheaton Precious Metals by 2,358.3% in the fourth quarter. Quadrant Capital Group LLC now owns 7,252 shares of the company’s stock valued at $138,000 after purchasing an additional 6,957 shares during the last quarter. We Are One Seven LLC acquired a new stake in shares of Wheaton Precious Metals in the fourth quarter valued at approximately $165,000. Finally, Cerebellum GP LLC grew its position in shares of Wheaton Precious Metals by 5.3% in the fourth quarter. Cerebellum GP LLC now owns 11,380 shares of the company’s stock valued at $222,000 after purchasing an additional 575 shares during the last quarter. Institutional investors own 54.59% of the company’s stock.

WPM has been the topic of several research reports. TD Securities lowered their price target on shares of Wheaton Precious Metals from $27.00 to $25.00 and set a “buy” rating on the stock in a research report on Thursday, November 15th. ValuEngine upgraded shares of Wheaton Precious Metals from a “hold” rating to a “buy” rating in a research report on Wednesday, December 5th. Zacks Investment Research lowered shares of Wheaton Precious Metals from a “hold” rating to a “sell” rating in a research report on Friday, December 7th. Raymond James set a $28.00 price target on shares of Wheaton Precious Metals and gave the company a “buy” rating in a research report on Friday, December 14th. Finally, Scotiabank set a $35.00 price target on shares of Wheaton Precious Metals and gave the company a “buy” rating in a research report on Friday, December 14th. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and seven have issued a buy rating to the stock. Wheaton Precious Metals has a consensus rating of “Buy” and an average price target of $31.17.

Shares of NYSE WPM opened at $21.94 on Friday. Wheaton Precious Metals Corp has a 1 year low of $15.08 and a 1 year high of $22.86. The company has a market cap of $9.75 billion, a P/E ratio of 34.83, a PEG ratio of 8.22 and a beta of -0.01. The company has a current ratio of 8.04, a quick ratio of 8.04 and a debt-to-equity ratio of 0.27.

ILLEGAL ACTIVITY NOTICE: This piece of content was first posted by Fairfield Current and is the property of of Fairfield Current. If you are accessing this piece of content on another domain, it was illegally copied and reposted in violation of international trademark & copyright legislation. The legal version of this piece of content can be accessed at https://www.fairfieldcurrent.com/news/2019/03/15/wheaton-precious-metals-corp-wpm-holdings-lifted-by-prudential-plc.html.

Wheaton Precious Metals Profile

Wheaton Precious Metals Corp. operates as a silver and gold streaming company in Canada and internationally. It has streaming agreements for 20 operating mines and 9 development stage projects. The company was formerly known as Silver Wheaton Corp. and changed its name to Wheaton Precious Metals Corp.

Read More: QQQ ETF

Institutional Ownership by Quarter for Wheaton Precious Metals (NYSE:WPM)

Receive News & Ratings for Wheaton Precious Metals Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Wheaton Precious Metals and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply