Osisko Gold Royalties Ltd (NYSE:OR) Shares Sold by Keeley Teton Advisors LLC

Keeley Teton Advisors LLC trimmed its holdings in Osisko Gold Royalties Ltd (NYSE:OR) by 0.4% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 217,310 shares of the basic materials company’s stock after selling 844 shares during the period. Keeley Teton Advisors LLC owned 0.12% of Osisko Gold Royalties worth $3,933,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also recently added to or reduced their stakes in OR. SBI Securities Co. Ltd. purchased a new stake in shares of Osisko Gold Royalties in the fourth quarter valued at $57,000. Generali Investments CEE investicni spolecnost a.s. acquired a new position in Osisko Gold Royalties in the 4th quarter valued at about $72,000. Northwest & Ethical Investments L.P. lifted its holdings in Osisko Gold Royalties by 11.0% in the 4th quarter. Northwest & Ethical Investments L.P. now owns 6,292 shares of the basic materials company’s stock valued at $114,000 after purchasing an additional 626 shares in the last quarter. Franklin Resources Inc. boosted its stake in shares of Osisko Gold Royalties by 4.5% during the 4th quarter. Franklin Resources Inc. now owns 12,282 shares of the basic materials company’s stock worth $222,000 after purchasing an additional 534 shares during the last quarter. Finally, SeaBridge Investment Advisors LLC purchased a new stake in shares of Osisko Gold Royalties during the fourth quarter worth about $244,000. 68.52% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several equities analysts recently issued reports on the stock. Scotiabank raised shares of Osisko Gold Royalties from a “sector perform” rating to a “sector outperform” rating and upped their price objective for the company from $22.00 to $24.00 in a research note on Monday. Raymond James reaffirmed an “outperform” rating on shares of Osisko Gold Royalties in a research report on Friday, April 4th. Royal Bank of Canada reduced their target price on Osisko Gold Royalties from $24.00 to $23.00 and set an “outperform” rating on the stock in a research report on Friday, April 4th. Finally, National Bankshares restated an “outperform” rating on shares of Osisko Gold Royalties in a report on Wednesday, April 2nd. Two research analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $23.00.

Osisko Gold Royalties Trading Up 1.7 %

OR stock opened at $22.79 on Tuesday. Osisko Gold Royalties Ltd has a 52 week low of $15.12 and a 52 week high of $23.53. The company has a market cap of $4.26 billion, a price-to-earnings ratio of 253.22 and a beta of 0.88. The company has a quick ratio of 4.40, a current ratio of 4.40 and a debt-to-equity ratio of 0.05. The business has a fifty day simple moving average of $19.80 and a 200-day simple moving average of $19.42.

Osisko Gold Royalties (NYSE:OR) last released its quarterly earnings data on Wednesday, February 19th. The basic materials company reported $0.16 EPS for the quarter, topping analysts’ consensus estimates of $0.14 by $0.02. Osisko Gold Royalties had a return on equity of 7.94% and a net margin of 8.50%. The company had revenue of $56.74 million for the quarter, compared to the consensus estimate of $68.31 million. On average, equities research analysts expect that Osisko Gold Royalties Ltd will post 0.62 EPS for the current year.

Osisko Gold Royalties Cuts Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, April 15th. Shareholders of record on Monday, March 31st will be given a dividend of $0.0457 per share. The ex-dividend date is Monday, March 31st. This represents a $0.18 dividend on an annualized basis and a yield of 0.80%. Osisko Gold Royalties’s dividend payout ratio (DPR) is 200.00%.

Osisko Gold Royalties Company Profile

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.