Stonehage Fleming Financial Services Holdings Ltd Raises Holdings in Silvercorp Metals Inc. (NYSEAMERICAN:SVM)

Stonehage Fleming Financial Services Holdings Ltd increased its position in shares of Silvercorp Metals Inc. (NYSEAMERICAN:SVM) by 79.6% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 81,730 shares of the company’s stock after buying an additional 36,230 shares during the period. Stonehage Fleming Financial Services Holdings Ltd’s holdings in Silvercorp Metals were worth $245,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently made changes to their positions in SVM. Blue Trust Inc. boosted its position in Silvercorp Metals by 563.7% during the 3rd quarter. Blue Trust Inc. now owns 6,624 shares of the company’s stock valued at $29,000 after acquiring an additional 5,626 shares in the last quarter. Capital Performance Advisors LLP purchased a new stake in shares of Silvercorp Metals during the 3rd quarter worth $32,000. Zacks Investment Management bought a new stake in Silvercorp Metals during the third quarter valued at about $46,000. International Assets Investment Management LLC purchased a new position in Silvercorp Metals in the third quarter valued at about $46,000. Finally, Signaturefd LLC raised its holdings in Silvercorp Metals by 54.7% in the third quarter. Signaturefd LLC now owns 13,112 shares of the company’s stock worth $57,000 after purchasing an additional 4,635 shares in the last quarter. 22.30% of the stock is currently owned by institutional investors.

Silvercorp Metals Trading Up 4.0 %

NYSEAMERICAN:SVM opened at $3.12 on Monday. Silvercorp Metals Inc. has a fifty-two week low of $2.22 and a fifty-two week high of $5.32. The stock has a market capitalization of $679.29 million, a PE ratio of 10.69 and a beta of 1.20.

Silvercorp Metals (NYSEAMERICAN:SVM) last announced its earnings results on Thursday, November 7th. The company reported $0.09 earnings per share for the quarter, beating the consensus estimate of $0.08 by $0.01. Silvercorp Metals had a net margin of 23.07% and a return on equity of 8.12%. The company had revenue of $68.00 million during the quarter, compared to the consensus estimate of $67.90 million. As a group, equities research analysts forecast that Silvercorp Metals Inc. will post 0.36 EPS for the current year.

Silvercorp Metals Cuts Dividend

The firm also recently declared a semi-annual dividend, which was paid on Friday, December 13th. Shareholders of record on Friday, November 29th were paid a $0.0125 dividend. This represents a yield of 0.6%. The ex-dividend date of this dividend was Friday, November 29th. Silvercorp Metals’s dividend payout ratio (DPR) is presently 10.00%.

About Silvercorp Metals

Silvercorp Metals Inc, together with its subsidiaries, engages in the acquisition, exploration, development, and mining of mineral properties in China. The company primarily explores for silver, gold, lead, and zinc metals. It holds a 100% interest in the Kuanping silver-lead-zinc-gold project located in located in Shanzhou District, Sanmenxia City, Henan Province, China; Ying project located in the Ying Mining District in Henan Province, China; Gaocheng (GC) mine located in Guangdong Province, China; and Baiyunpu (BYP) mine located in Hunan Province, China.