Advisor Group Inc. lowered its stake in shares of Wheaton Precious Metals Corp (NYSE:WPM) by 8.3% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 47,131 shares of the company’s stock after selling 4,278 shares during the period. Advisor Group Inc.’s holdings in Wheaton Precious Metals were worth $920,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Vanguard Group Inc boosted its stake in Wheaton Precious Metals by 2.5% in the 3rd quarter. Vanguard Group Inc now owns 12,125,064 shares of the company’s stock worth $212,188,000 after buying an additional 299,591 shares during the last quarter. JPMorgan Chase & Co. boosted its stake in Wheaton Precious Metals by 588.5% in the 3rd quarter. JPMorgan Chase & Co. now owns 2,077,956 shares of the company’s stock worth $36,364,000 after buying an additional 1,776,164 shares during the last quarter. Canada Pension Plan Investment Board boosted its stake in Wheaton Precious Metals by 6.8% in the 3rd quarter. Canada Pension Plan Investment Board now owns 248,914 shares of the company’s stock worth $4,352,000 after buying an additional 15,881 shares during the last quarter. We Are One Seven LLC acquired a new stake in Wheaton Precious Metals in the 4th quarter worth about $165,000. Finally, Exane Derivatives boosted its stake in Wheaton Precious Metals by 24.4% in the 4th quarter. Exane Derivatives now owns 77,883 shares of the company’s stock worth $1,521,000 after buying an additional 15,268 shares during the last quarter. 54.59% of the stock is currently owned by institutional investors and hedge funds.

A number of analysts have issued reports on WPM shares. Credit Suisse Group lowered Wheaton Precious Metals from an “outperform” rating to a “neutral” rating in a research note on Wednesday, December 19th. Scotiabank set a $35.00 price target on Wheaton Precious Metals and gave the stock a “buy” rating in a research note on Friday, December 14th. Raymond James set a $28.00 price target on Wheaton Precious Metals and gave the stock a “buy” rating in a research note on Friday, December 14th. Royal Bank of Canada raised their price target on Wheaton Precious Metals from $24.00 to $30.00 and gave the stock a “buy” rating in a research note on Monday, December 17th. Finally, TD Securities raised their price target on Wheaton Precious Metals from $25.00 to $28.00 and gave the stock a “buy” rating in a research note on Monday, December 17th. One analyst has rated the stock with a sell rating, two have assigned a hold rating and seven have given a buy rating to the stock. Wheaton Precious Metals currently has a consensus rating of “Buy” and an average price target of $31.17.

NYSE WPM opened at $22.58 on Friday. The stock has a market capitalization of $10.03 billion, a PE ratio of 35.84, a PEG ratio of 8.22 and a beta of -0.01. Wheaton Precious Metals Corp has a 1-year low of $15.08 and a 1-year high of $22.86. The company has a current ratio of 8.04, a quick ratio of 8.04 and a debt-to-equity ratio of 0.27.

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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.

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

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