Triple Flag Precious Metals Corp. (NYSE:TFPM) Shares Sold by U S Global Investors Inc.

U S Global Investors Inc. decreased its holdings in Triple Flag Precious Metals Corp. (NYSE:TFPM - Free Report) by 5.2% in the first quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 214,471 shares of the company's stock after selling 11,768 shares during the quarter. U S Global Investors Inc. owned 0.11% of Triple Flag Precious Metals worth $4,107,000 at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of TFPM. Farther Finance Advisors LLC raised its holdings in shares of Triple Flag Precious Metals by 175.6% during the fourth quarter. Farther Finance Advisors LLC now owns 1,896 shares of the company's stock valued at $29,000 after acquiring an additional 1,208 shares during the last quarter. Northwest & Ethical Investments L.P. acquired a new position in shares of Triple Flag Precious Metals during the fourth quarter valued at approximately $45,000. Point72 Asia Singapore Pte. Ltd. acquired a new position in shares of Triple Flag Precious Metals during the fourth quarter valued at approximately $134,000. XTX Topco Ltd raised its holdings in shares of Triple Flag Precious Metals by 9.1% during the fourth quarter. XTX Topco Ltd now owns 14,852 shares of the company's stock valued at $223,000 after acquiring an additional 1,238 shares during the last quarter. Finally, Public Employees Retirement System of Ohio acquired a new position in shares of Triple Flag Precious Metals during the fourth quarter valued at approximately $255,000. Institutional investors and hedge funds own 82.91% of the company's stock.

Triple Flag Precious Metals Stock Performance

Shares of TFPM stock traded down $0.76 during trading hours on Friday, reaching $23.07. The company had a trading volume of 592,414 shares, compared to its average volume of 336,498. The stock has a fifty day moving average of $22.36 and a 200-day moving average of $19.06. The company has a market capitalization of $4.63 billion, a price-to-earnings ratio of 768.97, a PEG ratio of 1.11 and a beta of -0.24. Triple Flag Precious Metals Corp. has a 12-month low of $13.94 and a 12-month high of $25.45.

Triple Flag Precious Metals (NYSE:TFPM - Get Free Report) last posted its quarterly earnings results on Tuesday, May 6th. The company reported $0.20 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.19 by $0.01. The business had revenue of $82.25 million during the quarter, compared to analyst estimates of $72.14 million. Triple Flag Precious Metals had a return on equity of 7.69% and a net margin of 1.71%. On average, analysts forecast that Triple Flag Precious Metals Corp. will post 0.71 EPS for the current year.

Triple Flag Precious Metals Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, June 16th. Investors of record on Friday, May 30th were given a $0.055 dividend. The ex-dividend date of this dividend was Friday, May 30th. This represents a $0.22 annualized dividend and a yield of 0.95%. Triple Flag Precious Metals's payout ratio is 733.33%.

Analyst Ratings Changes

TFPM has been the subject of a number of research analyst reports. Raymond James Financial reissued an "outperform" rating on shares of Triple Flag Precious Metals in a report on Wednesday, May 7th. National Bank Financial raised Triple Flag Precious Metals to a "strong-buy" rating in a report on Wednesday, April 23rd. Jefferies Financial Group increased their target price on Triple Flag Precious Metals from $24.00 to $26.00 and gave the company a "buy" rating in a report on Tuesday, April 22nd. Scotiabank reissued a "sector perform" rating on shares of Triple Flag Precious Metals in a report on Monday, April 14th. Finally, Royal Bank Of Canada upped their price target on Triple Flag Precious Metals from $19.00 to $23.00 and gave the company a "sector perform" rating in a research report on Wednesday, June 4th. Three equities research analysts have rated the stock with a hold rating, three have given a buy rating and one has given a strong buy rating to the company's stock. According to MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $24.00.

Triple Flag Precious Metals Profile

Triple Flag Precious Metals Corp., a precious-metals-focused streaming and royalty company, engages in acquiring and managing precious metals, streams, royalties and other mineral interests in Australia, Canada, Colombia, Cote d'Ivoire, Honduras, Mexico, Mongolia, Peru, South Africa, the United States, and internationally.