2 weeks Ago By ABMN Staff
Raymond James Financial Inc. purchased a new stake in shares of Osisko Gold Royalties Ltd ( NYSE:OR – Free Report ) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 142,933 shares of the basic materials company’s stock, valued at approximately $2,587,000.
A number of other hedge funds and other institutional investors have also modified their holdings of OR. FMR LLC boosted its stake in shares of Osisko Gold Royalties by 1.9% in the 3rd quarter.
FMR LLC now owns 4,484,929 shares of the basic materials company’s stock valued at $83,070,000 after purchasing an additional 83,799 shares during the last quarter. CIBC Asset Management Inc lifted its holdings in Osisko Gold Royalties by 21.6% in the fourth quarter.
CIBC Asset Management Inc now owns 3,111,398 shares of the basic materials company’s stock valued at $56,215,000 after buying an additional 551,936 shares during the period. Principal Financial Group Inc. boosted its stake in Osisko Gold Royalties by 5.
7% in the third quarter. Principal Financial Group Inc. now owns 1,527,110 shares of the basic materials company’s stock valued at $28,316,000 after acquiring an additional 82,150 shares during the last quarter.
The Manufacturers Life Insurance Company grew its holdings in Osisko Gold Royalties by 190.5% during the 3rd quarter. The Manufacturers Life Insurance Company now owns 796,804 shares of the basic materials company’s stock worth $14,766,000 after acquiring an additional 522,551 shares during the period.
Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its position in shares of Osisko Gold Royalties by 45.5% during the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 420,462 shares of the basic materials company’s stock valued at $7,783,000 after acquiring an additional 131,558 shares during the last quarter.
Institutional investors and hedge funds own 68.52% of the company’s stock. Osisko Gold Royalties Price Performance NYSE OR opened at $20.
92 on Friday. The company has a debt-to-equity ratio of 0.05, a quick ratio of 4.
40 and a current ratio of 4.40. The stock has a market cap of $3.
91 billion, a price-to-earnings ratio of 232.39 and a beta of 0.96.
The business has a 50 day simple moving average of $19.30 and a 200 day simple moving average of $19.18.
Osisko Gold Royalties Ltd has a 52-week low of $15.12 and a 52-week high of $21.34.
Osisko Gold Royalties Cuts Dividend The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 15th. Investors of record on Monday, March 31st will be issued a dividend of $0.0457 per share.
The ex-dividend date of this dividend is Monday, March 31st. This represents a $0.18 dividend on an annualized basis and a dividend yield of 0.
87%. Osisko Gold Royalties’s payout ratio is presently 200.00%.
Analysts Set New Price Targets A number of brokerages have issued reports on OR. Royal Bank of Canada raised their target price on Osisko Gold Royalties from $23.00 to $24.
00 and gave the stock an “outperform” rating in a report on Tuesday, February 11th. Scotiabank decreased their price objective on shares of Osisko Gold Royalties from $31.00 to $22.
00 and set a “sector perform” rating for the company in a report on Thursday, February 27th. Three research analysts have rated the stock with a hold rating and two have given a buy rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $22.
67. Read Our Latest Analysis on Osisko Gold Royalties Osisko Gold Royalties Profile ( Free Report ) Osisko Gold Royalties Ltd acquires and manages precious metal and other royalties, streams, and other interests in Canada and internationally. It also owns options on offtake; royalty/stream financings; and exclusive rights to participate in future royalty/stream financings on various projects.
The company’s primary asset is a 3-5% net smelter return royalty on the Canadian Malartic complex located in Canada. Recommended Stories Want to see what other hedge funds are holding OR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Osisko Gold Royalties Ltd ( NYSE:OR – Free Report ).
Receive News & Ratings for Osisko Gold Royalties Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Osisko Gold Royalties and related companies with MarketBeat.com's FREE daily email newsletter ..
