Prescott Group Capital Management L.L.C. Has $5.21 Million Stock Position in Osisko Gold Royalties Ltd (NYSE:OR)

Prescott Group Capital Management L.L.C. increased its position in shares of Osisko Gold Royalties Ltd (NYSE:OR - Free Report) by 24.1% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 288,000 shares of the basic materials company's stock after acquiring an additional 56,000 shares during the quarter. Prescott Group Capital Management L.L.C. owned approximately 0.15% of Osisko Gold Royalties worth $5,213,000 as of its most recent filing with the SEC.

Several other institutional investors also recently bought and sold shares of the business. SBI Securities Co. Ltd. purchased a new stake in shares of Osisko Gold Royalties during the 4th quarter valued at $57,000. Capital Performance Advisors LLP purchased a new stake in Osisko Gold Royalties during the third quarter valued at about $58,000. Icon Wealth Advisors LLC purchased a new stake in Osisko Gold Royalties during the third quarter valued at about $187,000. US Bancorp DE increased its stake in Osisko Gold Royalties by 32.1% during the third quarter. US Bancorp DE now owns 10,629 shares of the basic materials company's stock worth $197,000 after acquiring an additional 2,584 shares during the last quarter. Finally, SeaBridge Investment Advisors LLC purchased a new position in shares of Osisko Gold Royalties in the 4th quarter worth about $244,000. 68.52% of the stock is currently owned by institutional investors and hedge funds.

Osisko Gold Royalties Trading Up 6.2 %

Shares of OR stock traded up $1.11 on Tuesday, reaching $19.06. The company had a trading volume of 1,010,091 shares, compared to its average volume of 773,393. The company has a 50-day moving average of $18.84 and a 200-day moving average of $18.90. The stock has a market cap of $3.56 billion, a PE ratio of 211.72 and a beta of 0.96. Osisko Gold Royalties Ltd has a 12 month low of $15.12 and a 12 month high of $21.29. The company has a current ratio of 4.40, a quick ratio of 4.40 and a debt-to-equity ratio of 0.05.

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

Osisko Gold Royalties Cuts Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, April 15th. Investors of record on Monday, March 31st will be paid a $0.0457 dividend. The ex-dividend date is Monday, March 31st. This represents a $0.18 annualized dividend and a yield of 0.96%. Osisko Gold Royalties's dividend payout ratio (DPR) is presently 200.00%.

Analyst Ratings Changes

OR has been the subject of a number of analyst reports. TD Securities downgraded Osisko Gold Royalties from a "strong-buy" rating to a "hold" rating in a research note on Monday, November 11th. Scotiabank reduced their target price on shares of Osisko Gold Royalties from $31.00 to $22.00 and set a "sector perform" rating for the company in a report on Thursday, February 27th. TD Cowen cut shares of Osisko Gold Royalties from a "buy" rating to a "hold" rating in a report on Monday, November 11th. Finally, Royal Bank of Canada increased their target price on shares of Osisko Gold Royalties from $23.00 to $24.00 and gave the stock an "outperform" rating in a research report on Tuesday, February 11th. Three analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. According to MarketBeat.com, Osisko Gold Royalties has a consensus rating of "Hold" and an average target price of $22.67.

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.