Osisko Gold Royalties Ltd (NYSE:OR) Shares Sold by Euro Pacific Asset Management LLC

Euro Pacific Asset Management LLC lowered its position in Osisko Gold Royalties Ltd (NYSE:OR - Free Report) by 5.3% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,171,204 shares of the basic materials company's stock after selling 65,285 shares during the quarter. Osisko Gold Royalties makes up about 3.5% of Euro Pacific Asset Management LLC's portfolio, making the stock its 6th biggest position. Euro Pacific Asset Management LLC owned approximately 0.63% of Osisko Gold Royalties worth $16,698,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently bought and sold shares of the company. Point72 Middle East FZE bought a new stake in Osisko Gold Royalties during the 2nd quarter valued at $57,000. Deutsche Bank AG purchased a new stake in shares of Osisko Gold Royalties during the 4th quarter valued at $71,000. Anchor Investment Management LLC purchased a new stake in shares of Osisko Gold Royalties during the 4th quarter valued at $72,000. Advisor Group Holdings Inc. lifted its holdings in shares of Osisko Gold Royalties by 35.3% during the 4th quarter. Advisor Group Holdings Inc. now owns 7,787 shares of the basic materials company's stock valued at $93,000 after purchasing an additional 2,033 shares during the last quarter. Finally, Northern Trust Corp purchased a new stake in shares of Osisko Gold Royalties during the 2nd quarter valued at $101,000. Institutional investors own 68.52% of the company's stock.

Wall Street Analyst Weigh In

Separately, Jefferies Financial Group assumed coverage on Osisko Gold Royalties in a report on Thursday, February 29th. They set a "hold" rating and a $15.00 price objective for the company.

Osisko Gold Royalties Stock Performance

OR stock traded up $0.02 during midday trading on Thursday, reaching $16.16. The stock had a trading volume of 428,228 shares, compared to its average volume of 896,819. The stock has a market cap of $3.00 billion, a PE ratio of -85.21 and a beta of 0.99. The company has a debt-to-equity ratio of 0.12, a quick ratio of 4.11 and a current ratio of 4.11. The firm has a fifty day simple moving average of $15.43 and a two-hundred day simple moving average of $14.17. Osisko Gold Royalties Ltd has a 52-week low of $11.24 and a 52-week high of $17.96.

Osisko Gold Royalties (NYSE:OR - Get Free Report) last issued its earnings results on Tuesday, February 20th. The basic materials company reported $0.12 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.11 by $0.01. The company had revenue of $47.87 million during the quarter. Osisko Gold Royalties had a positive return on equity of 6.78% and a negative net margin of 19.34%. As a group, equities research analysts anticipate that Osisko Gold Royalties Ltd will post 0.42 EPS for the current year.

Osisko Gold Royalties Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, April 15th. Shareholders of record on Thursday, March 28th were given a dividend of $0.0444 per share. This is an increase from Osisko Gold Royalties's previous quarterly dividend of $0.04. This represents a $0.18 annualized dividend and a yield of 1.10%. The ex-dividend date was Wednesday, March 27th. Osisko Gold Royalties's dividend payout ratio (DPR) is currently -94.74%.

About Osisko Gold Royalties

Osisko Gold Royalties Ltd acquires and manages precious metal and other royalties, streams, and other interests in Canada and internationally. It also owns options on offtake; royalty/stream financings; and exclusive rights to participate in future royalty/stream financings on various projects. The company's primary asset is a 3-5% net smelter return royalty on the Canadian Malartic complex located in Canada.