4,325 Shares in Royal Gold, Inc. (NASDAQ:RGLD) Purchased by Jefferies Financial Group Inc.

Jefferies Financial Group Inc. bought a new position in shares of Royal Gold, Inc. (NASDAQ:RGLD - Free Report) TSE: RGL in the fourth quarter, according to the company in its most recent filing with the SEC. The firm bought 4,325 shares of the basic materials company's stock, valued at approximately $570,000.

Several other institutional investors have also recently added to or reduced their stakes in RGLD. Exchange Traded Concepts LLC acquired a new stake in shares of Royal Gold during the fourth quarter worth approximately $25,000. Kohmann Bosshard Financial Services LLC bought a new stake in Royal Gold during the 4th quarter worth approximately $42,000. Jones Financial Companies Lllp increased its holdings in Royal Gold by 390.7% during the 4th quarter. Jones Financial Companies Lllp now owns 368 shares of the basic materials company's stock valued at $49,000 after purchasing an additional 293 shares in the last quarter. IFP Advisors Inc raised its position in Royal Gold by 66.7% in the 4th quarter. IFP Advisors Inc now owns 395 shares of the basic materials company's stock valued at $52,000 after purchasing an additional 158 shares during the last quarter. Finally, Human Investing LLC bought a new position in Royal Gold in the 4th quarter valued at $73,000. 83.65% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several analysts have recently commented on RGLD shares. Scotiabank upgraded Royal Gold from a "sector perform" rating to a "sector outperform" rating and increased their target price for the stock from $166.00 to $189.00 in a report on Monday, April 14th. Raymond James raised their price objective on shares of Royal Gold from $181.00 to $200.00 and gave the company an "outperform" rating in a research report on Friday, April 4th. Royal Bank of Canada dropped their target price on shares of Royal Gold from $175.00 to $170.00 and set an "outperform" rating for the company in a research note on Friday, April 4th. CIBC increased their price target on shares of Royal Gold from $202.00 to $215.00 and gave the company a "neutral" rating in a research note on Thursday, May 8th. Finally, BMO Capital Markets initiated coverage on Royal Gold in a report on Wednesday, April 16th. They set a "market perform" rating and a $196.00 price objective on the stock. One analyst has rated the stock with a sell rating, three have issued a hold rating and six have assigned a buy rating to the company's stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $183.00.

Royal Gold Stock Up 2.6%

Shares of Royal Gold stock traded up $4.46 during trading on Tuesday, reaching $177.56. 479,067 shares of the company were exchanged, compared to its average volume of 417,009. Royal Gold, Inc. has a twelve month low of $119.72 and a twelve month high of $191.78. The business has a 50-day moving average price of $170.16 and a 200-day moving average price of $152.66. The firm has a market capitalization of $11.69 billion, a price-to-earnings ratio of 35.23, a P/E/G ratio of 3.42 and a beta of 0.48.

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

Royal Gold Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, April 17th. Stockholders of record on Friday, April 4th were issued a $0.45 dividend. This represents a $1.80 annualized dividend and a dividend yield of 1.01%. The ex-dividend date of this dividend was Friday, April 4th. Royal Gold's dividend payout ratio (DPR) is presently 29.80%.

Insiders Place Their Bets

In other news, SVP Randy Shefman sold 1,300 shares of the business's stock in a transaction dated Monday, March 17th. The stock was sold at an average price of $154.98, for a total value of $201,474.00. Following the sale, the senior vice president now directly owns 9,360 shares in the company, valued at $1,450,612.80. The trade was a 12.20% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Corporate insiders own 0.49% of the company's stock.

Royal Gold Company 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.