Beutel Goodman & Co Ltd. Decreases Holdings in Triple Flag Precious Metals Corp. (NYSE:TFPM)

Beutel Goodman & Co Ltd. reduced its holdings in shares of Triple Flag Precious Metals Corp. (NYSE:TFPM - Free Report) by 7.6% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 2,134,100 shares of the company's stock after selling 174,680 shares during the period. Beutel Goodman & Co Ltd. owned 1.06% of Triple Flag Precious Metals worth $32,051,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Orion Portfolio Solutions LLC grew its stake in Triple Flag Precious Metals by 103.4% in the third quarter. Orion Portfolio Solutions LLC now owns 46,902 shares of the company's stock valued at $759,000 after acquiring an additional 23,840 shares during the period. Geode Capital Management LLC increased its stake in Triple Flag Precious Metals by 148.3% during the 3rd quarter. Geode Capital Management LLC now owns 64,744 shares of the company's stock valued at $1,235,000 after purchasing an additional 38,673 shares in the last quarter. FMR LLC raised its holdings in Triple Flag Precious Metals by 8.9% during the third quarter. FMR LLC now owns 4,061,121 shares of the company's stock worth $65,761,000 after buying an additional 333,574 shares during the last quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp lifted its stake in shares of Triple Flag Precious Metals by 18.0% in the third quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp now owns 1,595,829 shares of the company's stock valued at $25,838,000 after buying an additional 242,906 shares in the last quarter. Finally, Walleye Capital LLC acquired a new position in shares of Triple Flag Precious Metals during the third quarter valued at about $1,128,000. 82.91% of the stock is owned by institutional investors and hedge funds.

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Triple Flag Precious Metals Trading Up 0.9 %

NYSE TFPM traded up $0.17 during trading hours on Wednesday, hitting $19.45. The company's stock had a trading volume of 97,972 shares, compared to its average volume of 266,579. The company has a market capitalization of $3.91 billion, a PE ratio of -176.82, a price-to-earnings-growth ratio of 0.78 and a beta of -0.08. Triple Flag Precious Metals Corp. has a 52 week low of $13.94 and a 52 week high of $19.90. The company's 50-day simple moving average is $17.50 and its two-hundred day simple moving average is $16.79.

Triple Flag Precious Metals (NYSE:TFPM - Get Free Report) last released its quarterly earnings results on Wednesday, February 19th. The company reported $0.18 EPS for the quarter, beating analysts' consensus estimates of $0.16 by $0.02. The business had revenue of $74.21 million during the quarter, compared to analyst estimates of $74.10 million. Triple Flag Precious Metals had a positive return on equity of 6.63% and a negative net margin of 8.58%. Research analysts anticipate that Triple Flag Precious Metals Corp. will post 0.71 EPS for the current fiscal year.

Triple Flag Precious Metals Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, March 14th. Investors of record on Monday, March 3rd were issued a dividend of $0.055 per share. This represents a $0.22 annualized dividend and a yield of 1.13%. The ex-dividend date was Monday, March 3rd. Triple Flag Precious Metals's dividend payout ratio (DPR) is presently -200.00%.

About Triple Flag Precious Metals

Triple Flag Precious Metals Corp., a precious-metals-focused streaming and royalty company, engages in acquiring and managing precious metals, streams, royalties and other mineral interests in Australia, Canada, Colombia, Cote d'Ivoire, Honduras, Mexico, Mongolia, Peru, South Africa, the United States, and internationally.