Osisko Gold Royalties Ltd (NYSE:OR) is Euro Pacific Asset Management LLC's 6th Largest Position

Euro Pacific Asset Management LLC cut its holdings in Osisko Gold Royalties Ltd (NYSE:OR - Free Report) by 5.6% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 1,094,133 shares of the basic materials company's stock after selling 64,612 shares during the quarter. Osisko Gold Royalties comprises 4.3% of Euro Pacific Asset Management LLC's holdings, making the stock its 6th biggest position. Euro Pacific Asset Management LLC owned approximately 0.59% of Osisko Gold Royalties worth $19,833,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of the business. Addenda Capital Inc. lifted its stake in 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 valued at $694,000 after acquiring an additional 532 shares in the last quarter. JPMorgan Chase & Co. increased its position in Osisko Gold Royalties by 58.2% during the third quarter. JPMorgan Chase & Co. now owns 16,947 shares of the basic materials company's stock worth $314,000 after buying an additional 6,237 shares during the last quarter. Principal Financial Group Inc. increased its holdings in shares of Osisko Gold Royalties by 5.7% during the 3rd quarter. Principal Financial Group Inc. now owns 1,527,110 shares of the basic materials company's stock worth $28,316,000 after acquiring an additional 82,150 shares during the last quarter. Geode Capital Management LLC raised its position in shares of Osisko Gold Royalties by 8.4% in the third quarter. Geode Capital Management LLC now owns 80,465 shares of the basic materials company's stock valued at $1,498,000 after purchasing an additional 6,251 shares during the period. Finally, Barclays PLC raised its holdings in Osisko Gold Royalties by 16.8% in the 3rd quarter. Barclays PLC now owns 159,408 shares of the basic materials company's stock valued at $2,951,000 after acquiring an additional 22,898 shares during the period. 68.52% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of equities research analysts have recently weighed in on OR shares. TD Cowen downgraded Osisko Gold Royalties from a "buy" rating to a "hold" rating in a report on Monday, November 11th. TD Securities cut Osisko Gold Royalties from a "strong-buy" rating to a "hold" rating in a report on Monday, November 11th. Finally, Jefferies Financial Group increased their price objective on shares of Osisko Gold Royalties from $19.00 to $22.00 and gave the stock a "buy" rating in a research report on Friday, October 4th.

Osisko Gold Royalties Stock Down 0.1 %

NYSE OR traded down $0.03 on Friday, hitting $18.77. 732,902 shares of the company were exchanged, compared to its average volume of 382,006. The company has a current ratio of 4.40, a quick ratio of 4.40 and a debt-to-equity ratio of 0.05. The company has a market cap of $3.50 billion, a PE ratio of -89.36 and a beta of 1.02. The stock has a fifty day moving average of $18.92 and a 200-day moving average of $18.49. Osisko Gold Royalties Ltd has a 12 month low of $12.77 and a 12 month high of $21.29.

Osisko Gold Royalties Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, January 15th. Stockholders of record on Tuesday, December 31st were paid a $0.048 dividend. The ex-dividend date was Tuesday, December 31st. This is an increase from Osisko Gold Royalties's previous quarterly dividend of $0.05. This represents a $0.19 annualized dividend and a dividend yield of 1.02%. Osisko Gold Royalties's dividend payout ratio (DPR) is currently -85.71%.

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.