WINTON GROUP Ltd acquired a new position in shares of Royal Gold, Inc (NASDAQ:RGLD) (TSE:RGL) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 44,204 shares of the basic materials company’s stock, valued at approximately $3,630,000. WINTON GROUP Ltd owned 0.07% of Royal Gold at the end of the most recent reporting period.
Several other hedge funds have also recently bought and sold shares of the company. Geode Capital Management LLC boosted its position in shares of Royal Gold by 2.0% during the fourth quarter. Geode Capital Management LLC now owns 581,582 shares of the basic materials company’s stock worth $47,759,000 after buying an additional 11,647 shares during the period. Venturi Wealth Management LLC raised its holdings in Royal Gold by 6.1% during the fourth quarter. Venturi Wealth Management LLC now owns 27,304 shares of the basic materials company’s stock worth $2,242,000 after acquiring an additional 1,580 shares in the last quarter. Amalgamated Bank raised its holdings in Royal Gold by 5.7% during the fourth quarter. Amalgamated Bank now owns 13,343 shares of the basic materials company’s stock worth $1,096,000 after acquiring an additional 724 shares in the last quarter. Stansberry Asset Management LLC bought a new stake in Royal Gold during the fourth quarter worth about $1,253,000. Finally, OppenheimerFunds Inc. raised its holdings in Royal Gold by 1.3% during the fourth quarter. OppenheimerFunds Inc. now owns 102,575 shares of the basic materials company’s stock worth $8,423,000 after acquiring an additional 1,289 shares in the last quarter. 77.66% of the stock is owned by institutional investors.
Several analysts recently issued reports on the company. BidaskClub lowered Royal Gold from a “hold” rating to a “sell” rating in a report on Thursday, March 1st. National Bank Financial upped their target price on Royal Gold from $100.00 to $102.50 and gave the stock a “sector perform” rating in a report on Friday, February 9th. Bank of America dropped their target price on Royal Gold from $109.00 to $99.00 and set a “hold” rating on the stock in a report on Thursday, December 28th. Eight Capital reiterated a “neutral” rating on shares of Royal Gold in a report on Thursday, November 16th. Finally, Scotiabank set a $89.00 target price on Royal Gold and gave the stock a “hold” rating in a report on Tuesday, March 6th. Nine investment analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company’s stock. The company has a consensus rating of “Hold” and a consensus target price of $95.38.
In other news, CFO Stefan Wenger sold 1,500 shares of the company’s stock in a transaction that occurred on Thursday, February 1st. The stock was sold at an average price of $88.50, for a total value of $132,750.00. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. 1.12% of the stock is owned by corporate insiders.
Royal Gold, Inc (RGLD) traded up $0.01 during trading hours on Friday, reaching $83.80. The company’s stock had a trading volume of 1,739,018 shares, compared to its average volume of 598,896. The company has a quick ratio of 3.80, a current ratio of 3.98 and a debt-to-equity ratio of 0.21. The company has a market capitalization of $5,477.95, a price-to-earnings ratio of 95.23, a price-to-earnings-growth ratio of 4.97 and a beta of 0.70. Royal Gold, Inc has a 12-month low of $64.21 and a 12-month high of $94.39.
Royal Gold (NASDAQ:RGLD) (TSE:RGL) last released its quarterly earnings data on Thursday, February 8th. The basic materials company reported $0.41 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.42 by ($0.01). The business had revenue of $114.35 million during the quarter, compared to the consensus estimate of $114.79 million. Royal Gold had a net margin of 13.00% and a return on equity of 4.31%. Royal Gold’s quarterly revenue was up 6.9% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.36 EPS. equities research analysts forecast that Royal Gold, Inc will post 1.69 earnings per share for the current fiscal year.
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Royal Gold Company Profile
Royal Gold, Inc, together with its subsidiaries, is engaged in acquiring and managing precious metal streams, royalties and similar interests. The Company operates through two segments: Acquisition and Management of Stream Interests, and Acquisition and Management of Royalty Interests. Its assets are located in Canada, Chile, Dominican Republic, Mexico, the United States, Africa, Australia and Other.
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