Jane Street Group LLC raised its position in shares of MAG Silver Corp (NYSEAMERICAN:MAG) by 33.8% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 102,810 shares of the company’s stock after acquiring an additional 25,995 shares during the period. Jane Street Group LLC owned approximately 0.13% of MAG Silver worth $1,155,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently bought and sold shares of the business. Vanguard Group Inc. grew its position in MAG Silver by 10.4% during the second quarter. Vanguard Group Inc. now owns 22,465 shares of the company’s stock valued at $301,000 after acquiring an additional 2,111 shares during the period. UBS Asset Management Americas Inc. boosted its position in shares of MAG Silver by 12.5% in the second quarter. UBS Asset Management Americas Inc. now owns 25,159 shares of the company’s stock worth $328,000 after buying an additional 2,800 shares during the period. Edmond DE Rothschild Holding S.A. boosted its position in shares of MAG Silver by 10.8% in the second quarter. Edmond DE Rothschild Holding S.A. now owns 41,000 shares of the company’s stock worth $536,000 after buying an additional 4,000 shares during the period. Oppenheimer & Co. Inc. boosted its position in shares of MAG Silver by 2.1% in the third quarter. Oppenheimer & Co. Inc. now owns 216,035 shares of the company’s stock worth $2,426,000 after buying an additional 4,384 shares during the period. Finally, GRT Capital Partners L.L.C. boosted its position in shares of MAG Silver by 32.1% in the second quarter. GRT Capital Partners L.L.C. now owns 23,842 shares of the company’s stock worth $311,000 after buying an additional 5,800 shares during the period.

MAG Silver Corp (NYSEAMERICAN:MAG) traded down $0.02 during trading hours on Wednesday, hitting $11.33. The company had a trading volume of 306,300 shares, compared to its average volume of 375,682. MAG Silver Corp has a fifty-two week low of $9.50 and a fifty-two week high of $16.78.

Several equities research analysts have recently weighed in on MAG shares. Roth Capital set a $22.00 target price on MAG Silver and gave the stock a “buy” rating in a research report on Monday, August 21st. Raymond James Financial reaffirmed an “outperform” rating on shares of MAG Silver in a research report on Tuesday, November 21st. BMO Capital Markets started coverage on MAG Silver in a research report on Friday, November 17th. They issued a “buy” rating for the company. Zacks Investment Research raised MAG Silver from a “hold” rating to a “buy” rating and set a $12.00 target price for the company in a research report on Friday, October 27th. Finally, HC Wainwright set a $19.00 target price on MAG Silver and gave the stock a “buy” rating in a research report on Thursday, November 16th. Two analysts have rated the stock with a sell rating, six have issued a buy rating and two have assigned a strong buy rating to the stock. The company has an average rating of “Buy” and a consensus target price of $16.60.

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About MAG Silver

MAG Silver Corp. is a mineral exploration and development company. The Company is focused on the acquisition, exploration and development of projects located within the Mexican silver belt. The Company operates through the exploration of mineral properties in Mexico segment. The Company’s projects include Juanicipio Property, Cinco De Mayo Property and Guigui Property.

Institutional Ownership by Quarter for MAG Silver (NYSEAMERICAN:MAG)

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