93,900 Shares in Osisko Gold Royalties Ltd (NYSE:OR) Bought by DJE Kapital AG

DJE Kapital AG bought a new position in Osisko Gold Royalties Ltd (NYSE:OR - Free Report) during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor bought 93,900 shares of the basic materials company's stock, valued at approximately $1,692,000. DJE Kapital AG owned 0.05% of Osisko Gold Royalties at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of the business. PFG Investments LLC boosted its holdings in Osisko Gold Royalties by 2.2% in the fourth quarter. PFG Investments LLC now owns 24,796 shares of the basic materials company's stock worth $449,000 after acquiring an additional 527 shares in the last quarter. Addenda Capital Inc. raised its position in shares of Osisko Gold Royalties by 1.4% in the 4th quarter. Addenda Capital Inc. now owns 38,325 shares of the basic materials company's stock worth $694,000 after purchasing an additional 532 shares during the last quarter. Bank of New York Mellon Corp boosted its stake in Osisko Gold Royalties by 10.5% in the 4th quarter. Bank of New York Mellon Corp now owns 14,469 shares of the basic materials company's stock worth $262,000 after purchasing an additional 1,373 shares in the last quarter. Moors & Cabot Inc. grew its position in Osisko Gold Royalties by 11.0% during the 3rd quarter. Moors & Cabot Inc. now owns 22,801 shares of the basic materials company's stock valued at $422,000 after purchasing an additional 2,265 shares during the last quarter. Finally, US Bancorp DE increased its stake in Osisko Gold Royalties by 32.1% during the 3rd quarter. US Bancorp DE now owns 10,629 shares of the basic materials company's stock valued at $197,000 after purchasing an additional 2,584 shares in the last quarter. 68.52% of the stock is currently owned by institutional investors.

Remove Ads

Analyst Upgrades and Downgrades

Several research analysts have recently issued reports on the stock. TD Cowen downgraded shares of Osisko Gold Royalties from a "buy" rating to a "hold" rating in a research note on Monday, November 11th. TD Securities cut Osisko Gold Royalties from a "strong-buy" rating to a "hold" rating in a research report on Monday, November 11th. Royal Bank of Canada lifted 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. Finally, Scotiabank decreased their price target on Osisko Gold Royalties from $31.00 to $22.00 and set a "sector perform" rating for the company in a research note on Thursday, February 27th. Three equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company's stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Hold" and an average price target of $22.67.

Osisko Gold Royalties Stock Performance

OR traded down $0.21 during mid-day trading on Thursday, reaching $18.68. 1,009,219 shares of the company traded hands, compared to its average volume of 665,428. The company's fifty day moving average price is $18.84 and its 200-day moving average price is $18.88. The stock has a market capitalization of $3.49 billion, a P/E ratio of 207.50 and a beta of 1.02. The company has a quick ratio of 4.40, a current ratio of 4.40 and a debt-to-equity ratio of 0.05. Osisko Gold Royalties Ltd has a 52-week low of $15.12 and a 52-week high of $21.29.

Osisko Gold Royalties (NYSE:OR - Get Free Report) last issued its quarterly earnings data on Wednesday, February 19th. The basic materials company reported $0.16 EPS for the quarter, topping the consensus estimate 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 during the quarter, compared to analyst estimates of $68.31 million. On average, sell-side 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 disclosed a quarterly dividend, which will be paid on Tuesday, April 15th. Investors of record on Monday, March 31st will be issued a $0.0457 dividend. This represents a $0.18 dividend on an annualized basis and a dividend yield of 0.98%. The ex-dividend date of this dividend is Monday, March 31st. Osisko Gold Royalties's payout ratio is 188.89%.

Osisko Gold Royalties 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.