2,381 Shares in Royal Gold, Inc. (NASDAQ:RGLD) Purchased by Vise Technologies Inc.

Vise Technologies Inc. purchased a new stake in shares of Royal Gold, Inc. (NASDAQ:RGLD - Free Report) TSE: RGL in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 2,381 shares of the basic materials company's stock, valued at approximately $314,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of RGLD. Savant Capital LLC grew its position in shares of Royal Gold by 0.4% in the fourth quarter. Savant Capital LLC now owns 21,112 shares of the basic materials company's stock valued at $2,784,000 after purchasing an additional 93 shares during the last quarter. CIBC Asset Management Inc grew its position in shares of Royal Gold by 0.7% in the fourth quarter. CIBC Asset Management Inc now owns 12,894 shares of the basic materials company's stock valued at $1,700,000 after purchasing an additional 94 shares during the last quarter. Bessemer Group Inc. grew its position in shares of Royal Gold by 0.4% in the fourth quarter. Bessemer Group Inc. now owns 21,772 shares of the basic materials company's stock valued at $2,871,000 after purchasing an additional 94 shares during the last quarter. Louisiana State Employees Retirement System grew its position in shares of Royal Gold by 0.5% in the fourth quarter. Louisiana State Employees Retirement System now owns 18,300 shares of the basic materials company's stock valued at $2,413,000 after purchasing an additional 100 shares during the last quarter. Finally, Parallel Advisors LLC grew its position in shares of Royal Gold by 3.5% in the fourth quarter. Parallel Advisors LLC now owns 3,075 shares of the basic materials company's stock valued at $405,000 after purchasing an additional 104 shares during the last quarter. Institutional investors own 83.65% of the company's stock.

Royal Gold Trading Down 1.0%

Shares of RGLD stock traded down $1.74 on Friday, hitting $177.66. 824,840 shares of the stock were exchanged, compared to its average volume of 420,457. The firm's 50 day moving average is $174.31 and its two-hundred day moving average is $154.82. Royal Gold, Inc. has a one year low of $119.72 and a one year high of $191.78. The firm has a market capitalization of $11.69 billion, a PE ratio of 35.25, a P/E/G ratio of 3.42 and a beta of 0.48.

Royal Gold (NASDAQ:RGLD - Get Free Report) TSE: RGL last released its quarterly earnings results on Wednesday, May 7th. The basic materials company reported $1.51 earnings per share for the quarter, topping the consensus estimate of $1.37 by $0.14. The firm had revenue of $193.44 million for the quarter, compared to analysts' expectations of $176.17 million. Royal Gold had a net margin of 46.15% and a return on equity of 11.46%. The business's quarterly revenue was up 29.9% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.91 earnings per share. On average, sell-side analysts expect that Royal Gold, Inc. will post 6.2 earnings per share for the current year.

Royal Gold Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, July 17th. Stockholders of record on Thursday, July 3rd will be issued a $0.45 dividend. The ex-dividend date of this dividend is Thursday, July 3rd. This represents a $1.80 annualized dividend and a dividend yield of 1.01%. Royal Gold's payout ratio is currently 29.80%.

Insider Transactions at Royal Gold

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

Analyst Ratings Changes

A number of equities research analysts recently issued reports on RGLD shares. Raymond James increased their price target on Royal Gold from $181.00 to $200.00 and gave the stock an "outperform" rating in a research report on Friday, April 4th. BMO Capital Markets set a $197.00 price target on Royal Gold and gave the stock a "market perform" rating in a report on Thursday, May 22nd. Royal Bank of Canada decreased their price target on Royal Gold from $175.00 to $170.00 and set an "outperform" rating for the company in a report on Friday, April 4th. Scotiabank upgraded Royal Gold from a "sector perform" rating to a "sector outperform" rating and increased their price target for the stock from $166.00 to $189.00 in a report on Monday, April 14th. Finally, CIBC increased their price target on Royal Gold from $202.00 to $215.00 and gave the stock a "neutral" rating in a report on Thursday, May 8th. One analyst has rated the stock with a sell rating, three have issued a hold rating, five have issued a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average price target of $183.13.

Royal Gold 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.