Royal Gold, Inc. $RGLD Shares Bought by Yousif Capital Management LLC

Key Points

• Yousif Capital Management LLC boosted its stake in Royal Gold (RGLD) by 20.9% in Q4 to 25,130 shares, valued at about $5.59 million.
• Royal Gold missed quarterly expectations, reporting EPS of $1.92 versus estimates of $2.68 and revenue of $310.8M versus expected $425.5M, though revenue was up 85.2% year-over-year.
• The company announced a quarterly dividend of $0.475 per share (annualized $1.90, yield ~0.7%), with an ex-dividend date of April 2 and payment on April 16.

Yousif Capital Management LLC raised its position in Royal Gold, Inc. (NASDAQ:RGLD - Free Report) TSE: RGL by 20.9% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 25,130 shares of the basic materials company's stock after buying an additional 4,344 shares during the period. Yousif Capital Management LLC's holdings in Royal Gold were worth $5,586,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of RGLD. Vermillion & White Wealth Management Group LLC acquired a new stake in Royal Gold in the 3rd quarter worth about $29,000. Trust Co. of Toledo NA OH acquired a new stake in Royal Gold in the 4th quarter worth about $30,000. Bank & Trust Co boosted its holdings in Royal Gold by 600.0% in the 4th quarter. Bank & Trust Co now owns 140 shares of the basic materials company's stock worth $31,000 after buying an additional 120 shares during the last quarter. Sunbelt Securities Inc. boosted its holdings in Royal Gold by 8,400.0% in the 3rd quarter. Sunbelt Securities Inc. now owns 170 shares of the basic materials company's stock worth $34,000 after buying an additional 168 shares during the last quarter. Finally, Caldwell Trust Co acquired a new stake in Royal Gold in the 2nd quarter worth about $36,000. 83.65% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several research firms recently issued reports on RGLD. Scotiabank cut Royal Gold from a "sector outperform" rating to a "sector perform" rating and set a $335.00 price objective on the stock. in a report on Monday, January 26th. Weiss Ratings reiterated a "buy (b)" rating on shares of Royal Gold in a report on Thursday, January 22nd. Zacks Research cut Royal Gold from a "strong-buy" rating to a "hold" rating in a report on Tuesday, February 17th. Finally, Canadian Imperial Bank of Commerce restated a "neutral" rating and set a $330.00 target price on shares of Royal Gold in a report on Wednesday, February 4th. Six research analysts have rated the stock with a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the company has an average rating of "Moderate Buy" and an average price target of $260.56.

Royal Gold Trading Down 1.0%

RGLD opened at $265.43 on Friday. Royal Gold, Inc. has a one year low of $150.75 and a one year high of $306.25. The stock has a market capitalization of $22.52 billion, a PE ratio of 38.98, a P/E/G ratio of 1.61 and a beta of 0.55. The business's 50 day moving average price is $266.08 and its 200 day moving average price is $231.27. The company has a debt-to-equity ratio of 0.12, a quick ratio of 2.91 and a current ratio of 3.12.

Royal Gold (NASDAQ:RGLD - Get Free Report) TSE: RGL last released its quarterly earnings data on Wednesday, February 18th. The basic materials company reported $1.92 EPS for the quarter, missing analysts' consensus estimates of $2.68 by ($0.76). The business had revenue of $310.83 million during the quarter, compared to analyst estimates of $425.47 million. Royal Gold had a net margin of 45.26% and a return on equity of 11.89%. The company's revenue was up 85.2% on a year-over-year basis. During the same quarter in the prior year, the company posted $1.63 earnings per share. As a group, equities research analysts expect that Royal Gold, Inc. will post 6.2 EPS for the current year.

Royal Gold Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, April 16th. Shareholders of record on Thursday, April 2nd will be given a $0.475 dividend. The ex-dividend date of this dividend is Thursday, April 2nd. This represents a $1.90 dividend on an annualized basis and a yield of 0.7%. Royal Gold's payout ratio is presently 27.90%.

Insider Buying and Selling at Royal Gold

In other Royal Gold news, Director Mark Isto sold 2,000 shares of the business's stock in a transaction that occurred on Thursday, March 12th. The stock was sold at an average price of $274.83, for a total value of $549,660.00. Following the sale, the director owned 20,043 shares of the company's stock, valued at $5,508,417.69. The trade was a 9.07% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, SVP Daniel Breeze sold 1,400 shares of the business's stock in a transaction that occurred on Monday, March 2nd. The shares were sold at an average price of $300.87, for a total value of $421,218.00. Following the completion of the sale, the senior vice president directly owned 20,140 shares in the company, valued at approximately $6,059,521.80. The trade was a 6.50% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 7,573 shares of company stock valued at $2,127,091 over the last quarter. 0.49% of the stock is owned by company insiders.

Royal Gold Profile

Royal Gold, Inc, headquartered in Denver, Colorado, is a leading precious metals streaming and royalty company. Through its business model, Royal Gold provides upfront financing to mining operators in exchange for the right to purchase a percentage of future metal production at predetermined prices. This structure allows the company to participate in production upside while minimizing exposure to the operating and capital-intensive aspects of mine ownership.

The company's portfolio encompasses interests in over 200 streams and royalties on projects across North America, South America, Europe, Africa and Australia.

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