Swiss National Bank raised its holdings in Wheaton Precious Metals Corp (NYSE:WPM) by 0.7% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 4,034,900 shares of the company’s stock after purchasing an additional 26,100 shares during the quarter. Swiss National Bank’s holdings in Wheaton Precious Metals were worth $89,275,000 as of its most recent SEC filing.

Several other hedge funds have also modified their holdings of WPM. Crossmark Global Holdings Inc. acquired a new stake in shares of Wheaton Precious Metals in the 3rd quarter valued at $1,317,000. Russell Investments Group Ltd. boosted its holdings in shares of Wheaton Precious Metals by 31.6% in the 3rd quarter. Russell Investments Group Ltd. now owns 1,283,499 shares of the company’s stock valued at $24,502,000 after purchasing an additional 307,951 shares in the last quarter. SG Americas Securities LLC boosted its holdings in shares of Wheaton Precious Metals by 118.4% in the 3rd quarter. SG Americas Securities LLC now owns 16,045 shares of the company’s stock valued at $306,000 after purchasing an additional 8,699 shares in the last quarter. Trust Co acquired a new stake in shares of Wheaton Precious Metals in the 3rd quarter valued at $203,000. Finally, Hexavest Inc. boosted its holdings in shares of Wheaton Precious Metals by 63.9% during the 4th quarter. Hexavest Inc. now owns 310,483 shares of the company’s stock valued at $6,886,000 after acquiring an additional 121,004 shares in the last quarter. 50.30% of the stock is currently owned by hedge funds and other institutional investors.

Shares of Wheaton Precious Metals Corp (WPM) opened at $19.85 on Tuesday. The company has a current ratio of 5.80, a quick ratio of 5.80 and a debt-to-equity ratio of 0.17. Wheaton Precious Metals Corp has a twelve month low of $18.32 and a twelve month high of $22.72. The firm has a market capitalization of $8,414.03, a price-to-earnings ratio of 42.74, a P/E/G ratio of 5.79 and a beta of 0.30.

WPM has been the topic of several recent research reports. Zacks Investment Research downgraded Wheaton Precious Metals from a “hold” rating to a “sell” rating in a report on Tuesday, October 17th. TD Securities set a $28.00 price objective on Wheaton Precious Metals and gave the company a “buy” rating in a report on Friday, October 20th. TheStreet raised Wheaton Precious Metals from a “c+” rating to a “b-” rating in a report on Tuesday, October 24th. Desjardins reissued a “buy” rating on shares of Wheaton Precious Metals in a report on Monday, December 11th. Finally, Royal Bank of Canada set a $26.00 price objective on Wheaton Precious Metals and gave the company a “buy” rating in a report on Monday, January 15th. Two analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company’s stock. The stock currently has an average rating of “Buy” and a consensus price target of $26.00.

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Wheaton Precious Metals Profile

Wheaton Precious Metals Corp, formerly Silver Wheaton Corp, is a Canada-based pure precious metals streaming company engaged in the sale of silver and gold. The Company operates through eight segments: the silver produced by the San Dimas, Penasquito and Antamina mines, the gold produced by the Sudbury and Salobo mines, the silver and gold produced by the Constancia mine and the Other mines, and corporate operations.

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

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