XTX Topco Ltd Takes $797,000 Position in Royal Gold, Inc. (NASDAQ:RGLD)

XTX Topco Ltd purchased a new position in Royal Gold, Inc. (NASDAQ:RGLD - Free Report) TSE: RGL during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm purchased 6,041 shares of the basic materials company's stock, valued at approximately $797,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of RGLD. Vanguard Group Inc. grew its stake in Royal Gold by 1.4% during the 4th quarter. Vanguard Group Inc. now owns 6,651,935 shares of the basic materials company's stock valued at $877,058,000 after acquiring an additional 89,298 shares in the last quarter. Charles Schwab Investment Management Inc. grew its position in Royal Gold by 1.1% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 484,207 shares of the basic materials company's stock valued at $63,843,000 after purchasing an additional 5,067 shares in the last quarter. Norges Bank acquired a new position in Royal Gold in the 4th quarter valued at approximately $44,009,000. Arrowstreet Capital Limited Partnership lifted its position in Royal Gold by 181.6% in the 4th quarter. Arrowstreet Capital Limited Partnership now owns 302,206 shares of the basic materials company's stock worth $39,846,000 after buying an additional 194,905 shares in the last quarter. Finally, American Century Companies Inc. boosted its stake in shares of Royal Gold by 2.0% during the 4th quarter. American Century Companies Inc. now owns 221,771 shares of the basic materials company's stock valued at $29,241,000 after buying an additional 4,453 shares during the period. Institutional investors and hedge funds own 83.65% of the company's stock.

Royal Gold Price Performance

Shares of NASDAQ RGLD traded down $1.55 during trading hours on Friday, hitting $184.90. 566,791 shares of the stock were exchanged, compared to its average volume of 402,639. Royal Gold, Inc. has a one year low of $118.00 and a one year high of $191.22. The company's 50 day moving average is $158.36 and its 200 day moving average is $147.98. The firm has a market capitalization of $12.17 billion, a P/E ratio of 36.69, a P/E/G ratio of 3.42 and a beta of 0.77.

Royal Gold (NASDAQ:RGLD - Get Free Report) TSE: RGL last released its quarterly earnings results on Wednesday, February 12th. The basic materials company reported $1.63 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.46 by $0.17. Royal Gold had a net margin of 46.15% and a return on equity of 11.46%. Research analysts anticipate that Royal Gold, Inc. will post 6.2 earnings per share for the current fiscal year.

Royal Gold Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, April 17th. Shareholders of record on Friday, April 4th were given a $0.45 dividend. This represents a $1.80 annualized dividend and a yield of 0.97%. The ex-dividend date was Friday, April 4th. Royal Gold's dividend payout ratio is currently 35.71%.

Insider Transactions at Royal Gold

In related news, SVP Randy Shefman sold 1,300 shares of Royal Gold stock in a transaction dated Monday, March 17th. The stock was sold at an average price of $154.98, for a total transaction of $201,474.00. Following the sale, the senior vice president now directly owns 9,360 shares of the company's stock, valued at $1,450,612.80. This trade represents a 12.20 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Corporate insiders own 0.49% of the company's stock.

Wall Street Analysts Forecast Growth

A number of research firms have recently weighed in on RGLD. BMO Capital Markets initiated coverage on shares of Royal Gold in a research note on Wednesday. They issued a "market perform" rating and a $196.00 price target on the stock. Jefferies Financial Group raised Royal Gold from a "hold" rating to a "buy" rating and raised their price target for the stock from $154.00 to $178.00 in a research note on Tuesday, January 7th. Raymond James boosted their price target on Royal Gold from $181.00 to $200.00 and gave the company an "outperform" rating in a research note on Friday, April 4th. Royal Bank of Canada cut their price objective on shares of Royal Gold from $175.00 to $170.00 and set an "outperform" rating on the stock in a research report on Friday, April 4th. Finally, Scotiabank raised shares of Royal Gold from a "sector perform" rating to a "sector outperform" rating and boosted their target price for the stock from $166.00 to $189.00 in a research report on Monday, April 14th. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and six have issued a buy rating to the company. According to data from MarketBeat.com, Royal Gold has an average rating of "Moderate Buy" and an average target price of $178.00.

Royal Gold Company Profile

Royal Gold, Inc, together with its subsidiaries, acquires and manages precious metal streams, royalties, and related interests. The company engages in acquiring stream and royalty interests or to finance projects that are in production, development, or in the exploration stage in exchange for stream or royalty interests, which primarily consists of gold, silver, copper, nickel, zinc, lead, and other metals.