Osisko Gold Royalties Ltd (NYSE:OR) Shares Bought by Yaupon Capital Management LP

Yaupon Capital Management LP increased its holdings in shares of Osisko Gold Royalties Ltd (NYSE:OR - Free Report) by 1.6% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 805,555 shares of the basic materials company's stock after purchasing an additional 12,717 shares during the period. Yaupon Capital Management LP owned 0.43% of Osisko Gold Royalties worth $14,587,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently added to or reduced their stakes in OR. SBI Securities Co. Ltd. acquired a new stake in shares of Osisko Gold Royalties in the fourth quarter valued at about $57,000. Generali Investments CEE investicni spolecnost a.s. purchased a new stake in shares of Osisko Gold Royalties during the fourth quarter valued at approximately $72,000. Northwest & Ethical Investments L.P. raised its stake in shares of Osisko Gold Royalties by 11.0% during the fourth quarter. Northwest & Ethical Investments L.P. now owns 6,292 shares of the basic materials company's stock valued at $114,000 after purchasing an additional 626 shares during the period. Franklin Resources Inc. boosted its stake in shares of Osisko Gold Royalties by 4.5% in the fourth quarter. Franklin Resources Inc. now owns 12,282 shares of the basic materials company's stock valued at $222,000 after purchasing an additional 534 shares during the period. Finally, SeaBridge Investment Advisors LLC purchased a new stake in Osisko Gold Royalties during the 4th quarter worth $244,000. 68.52% of the stock is currently owned by institutional investors and hedge funds.

Osisko Gold Royalties Price Performance

Shares of NYSE:OR remained flat at $23.37 on Friday. 1,007,904 shares of the company's stock were exchanged, compared to its average volume of 712,800. The business has a fifty day simple moving average of $20.42 and a 200-day simple moving average of $19.70. The company has a debt-to-equity ratio of 0.05, a current ratio of 4.40 and a quick ratio of 4.40. Osisko Gold Royalties Ltd has a 52 week low of $15.12 and a 52 week high of $24.18. The company has a market cap of $4.37 billion, a price-to-earnings ratio of 259.67 and a beta of 0.88.

Osisko Gold Royalties (NYSE:OR - Get Free Report) last issued its earnings results on Wednesday, February 19th. The basic materials company reported $0.16 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.14 by $0.02. The firm had revenue of $56.74 million for the quarter, compared to analysts' expectations of $68.31 million. Osisko Gold Royalties had a net margin of 8.50% and a return on equity of 7.94%. Analysts predict that Osisko Gold Royalties Ltd will post 0.62 earnings per share for the current fiscal year.

Osisko Gold Royalties Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, April 15th. Investors of record on Monday, March 31st were given a dividend of $0.0457 per share. The ex-dividend date was Monday, March 31st. This represents a $0.18 dividend on an annualized basis and a yield of 0.78%. Osisko Gold Royalties's dividend payout ratio is currently 200.00%.

Analysts Set New Price Targets

OR has been the subject of several research analyst reports. Royal Bank of Canada reduced their target price on Osisko Gold Royalties from $24.00 to $23.00 and set an "outperform" rating for the company in a research note on Friday, April 4th. Scotiabank raised shares of Osisko Gold Royalties from a "sector perform" rating to a "sector outperform" rating and boosted their target price for the stock from $22.00 to $24.00 in a research report on Monday, April 14th. National Bankshares reaffirmed an "outperform" rating on shares of Osisko Gold Royalties in a research report on Wednesday. Finally, Raymond James reissued an "outperform" rating on shares of Osisko Gold Royalties in a report on Friday, April 4th. Two research analysts have rated the stock with a hold rating and five have issued a buy rating to the company's stock. According to data from MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus target price of $23.00.

About Osisko Gold Royalties

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.