Osisko gold royalties Ltd (NYSE:OR) Shares Sold by Toronto Dominion Bank

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Toronto Dominion Bank lowered its holdings in shares of Osisko gold royalties Ltd (NYSE:OR) by 47.3% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 99,420 shares of the basic materials company’s stock after selling 89,260 shares during the period. Toronto Dominion Bank owned about 0.07% of Osisko gold royalties worth $1,036,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also made changes to their positions in OR. Raymond James Financial Services Advisors Inc. purchased a new stake in shares of Osisko gold royalties during the first quarter worth about $463,000. Great West Life Assurance Co. Can grew its holdings in shares of Osisko gold royalties by 73.8% during the first quarter. Great West Life Assurance Co. Can now owns 74,065 shares of the basic materials company’s stock worth $830,000 after buying an additional 31,452 shares in the last quarter. Federated Investors Inc. PA grew its holdings in shares of Osisko gold royalties by 19.4% during the first quarter. Federated Investors Inc. PA now owns 616,200 shares of the basic materials company’s stock worth $6,926,000 after buying an additional 100,000 shares in the last quarter. FMR LLC grew its holdings in shares of Osisko gold royalties by 13.4% during the first quarter. FMR LLC now owns 1,315,294 shares of the basic materials company’s stock worth $14,773,000 after buying an additional 155,000 shares in the last quarter. Finally, First Trust Advisors LP purchased a new stake in shares of Osisko gold royalties during the first quarter worth about $740,000. Institutional investors own 53.13% of the company’s stock.

Osisko gold royalties stock traded up $0.02 during trading on Wednesday, reaching $9.52. The company had a trading volume of 6,170 shares, compared to its average volume of 704,303. The company has a debt-to-equity ratio of 0.22, a quick ratio of 1.96 and a current ratio of 1.96. Osisko gold royalties Ltd has a 12-month low of $7.00 and a 12-month high of $13.43. The stock’s 50 day moving average price is $11.58 and its two-hundred day moving average price is $11.14. The firm has a market capitalization of $1.37 billion, a price-to-earnings ratio of 63.60, a PEG ratio of 2.13 and a beta of -0.08.

Osisko gold royalties (NYSE:OR) last released its quarterly earnings data on Wednesday, July 31st. The basic materials company reported $0.04 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.03 by $0.01. Osisko gold royalties had a negative net margin of 30.81% and a positive return on equity of 1.89%. The company had revenue of $98.39 million during the quarter, compared to the consensus estimate of $73.72 million. As a group, research analysts expect that Osisko gold royalties Ltd will post 0.17 earnings per share for the current year.

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, October 15th. Shareholders of record on Monday, September 30th will be paid a dividend of $0.038 per share. This is an increase from Osisko gold royalties’s previous quarterly dividend of $0.04. This represents a $0.15 annualized dividend and a yield of 1.60%. The ex-dividend date of this dividend is Friday, September 27th. Osisko gold royalties’s payout ratio is currently 100.00%.

A number of brokerages have recently commented on OR. Zacks Investment Research upgraded shares of Osisko gold royalties from a “hold” rating to a “buy” rating and set a $11.00 price target for the company in a report on Saturday, September 28th. ValuEngine downgraded shares of Osisko gold royalties from a “hold” rating to a “sell” rating in a report on Tuesday, October 1st. Canaccord Genuity reiterated a “buy” rating on shares of Osisko gold royalties in a report on Friday, August 23rd. Royal Bank of Canada downgraded shares of Osisko gold royalties from an “outperform” rating to a “sector perform” rating and lowered their price target for the stock from $19.00 to $16.00 in a report on Tuesday, September 24th. Finally, TD Securities lowered their target price on shares of Osisko gold royalties from $16.50 to $15.50 and set a “hold” rating for the company in a report on Tuesday, September 24th. One analyst has rated the stock with a sell rating, four have assigned a hold rating and four have issued a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and a consensus target price of $15.92.

Osisko gold royalties Profile

Osisko Gold Royalties Ltd acquires and manages precious metal and other royalties, streams, and similar interests in Canada and internationally. Its assets include the 5% net smelter return (NSR) royalty on the Canadian Malartic mine; the 2.0% to 3.5% NSR royalty on the Eleonore mine; a 9.6% diamond stream on the Renard diamond mine; a 4% gold and silver stream on the Brucejack gold; a 3% NSR royalty on the Seabee gold operations located in Saskatchewan, Canada; and the 1.38% to 2.55% NSR royalty on the Island Gold mine.

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Institutional Ownership by Quarter for Osisko gold royalties (NYSE:OR)

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