National Bank of Canada FI Has $20.10 Million Stake in Osisko Gold Royalties Ltd (NYSE:OR)

National Bank of Canada FI lifted its holdings in shares of Osisko Gold Royalties Ltd (NYSE:OR - Free Report) by 5.6% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,427,583 shares of the basic materials company's stock after buying an additional 75,287 shares during the period. National Bank of Canada FI owned approximately 0.77% of Osisko Gold Royalties worth $20,101,000 at the end of the most recent reporting period.

A number of other hedge funds have also bought and sold shares of the business. Raymond James & Associates increased its holdings in Osisko Gold Royalties by 6.5% in the 4th quarter. Raymond James & Associates now owns 15,076 shares of the basic materials company's stock worth $215,000 after acquiring an additional 917 shares in the last quarter. SG Americas Securities LLC raised its holdings in Osisko Gold Royalties by 2.5% during the third quarter. SG Americas Securities LLC now owns 46,276 shares of the basic materials company's stock valued at $544,000 after acquiring an additional 1,108 shares during the period. Bank of New York Mellon Corp boosted its stake in shares of Osisko Gold Royalties by 7.0% in the third quarter. Bank of New York Mellon Corp now owns 20,763 shares of the basic materials company's stock worth $244,000 after acquiring an additional 1,356 shares during the period. FCA Corp TX grew its position in shares of Osisko Gold Royalties by 3.5% during the third quarter. FCA Corp TX now owns 41,351 shares of the basic materials company's stock worth $486,000 after purchasing an additional 1,384 shares in the last quarter. Finally, Addenda Capital Inc. raised its stake in Osisko Gold Royalties by 8.2% during the 4th quarter. Addenda Capital Inc. now owns 34,743 shares of the basic materials company's stock valued at $496,000 after purchasing an additional 2,646 shares during the period. Hedge funds and other institutional investors own 68.52% of the company's stock.

Osisko Gold Royalties Trading Up 0.5 %

OR stock traded up $0.08 during trading on Wednesday, hitting $15.87. The company had a trading volume of 486,380 shares, compared to its average volume of 839,614. The firm has a market capitalization of $2.95 billion, a P/E ratio of -83.11 and a beta of 1.00. The company has a quick ratio of 4.11, a current ratio of 4.11 and a debt-to-equity ratio of 0.12. Osisko Gold Royalties Ltd has a 52-week low of $11.24 and a 52-week high of $17.57. The company has a 50 day simple moving average of $15.87 and a 200-day simple moving average of $14.57.

Osisko Gold Royalties (NYSE:OR - Get Free Report) last announced its quarterly earnings results on Tuesday, February 20th. The basic materials company reported $0.12 earnings per share for the quarter, topping the consensus estimate of $0.11 by $0.01. The firm had revenue of $47.87 million during the quarter. Osisko Gold Royalties had a negative net margin of 19.34% and a positive return on equity of 6.78%. As a group, research analysts forecast that Osisko Gold Royalties Ltd will post 0.45 earnings per share for the current fiscal year.

Osisko Gold Royalties Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, April 15th. Investors of record on Thursday, March 28th were paid a $0.0444 dividend. The ex-dividend date was Wednesday, March 27th. This represents a $0.18 dividend on an annualized basis and a yield of 1.12%. This is a boost from Osisko Gold Royalties's previous quarterly dividend of $0.04. Osisko Gold Royalties's dividend payout ratio (DPR) is currently -94.74%.

Analyst Ratings Changes

Separately, Jefferies Financial Group increased their price objective on shares of Osisko Gold Royalties from $15.00 to $19.00 and gave the company a "hold" rating in a report on Monday, April 22nd.

Osisko Gold Royalties Company Profile

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.