XTX Topco Ltd Purchases Shares of 6,041 Royal Gold, Inc. (NASDAQ:RGLD)

XTX Topco Ltd acquired a new position in shares of Royal Gold, Inc. (NASDAQ:RGLD - Free Report) TSE: RGL in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 6,041 shares of the basic materials company's stock, valued at approximately $797,000.

Several other institutional investors and hedge funds also recently bought and sold shares of RGLD. Exchange Traded Concepts LLC acquired a new position in Royal Gold in the 4th quarter valued at approximately $25,000. Kohmann Bosshard Financial Services LLC bought a new stake in Royal Gold during the fourth quarter worth approximately $42,000. Jones Financial Companies Lllp raised its position in shares of Royal Gold by 390.7% in the fourth 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 during the period. IFP Advisors Inc lifted its stake in shares of Royal Gold by 66.7% in the fourth quarter. IFP Advisors Inc now owns 395 shares of the basic materials company's stock worth $52,000 after buying an additional 158 shares during the last quarter. Finally, Human Investing LLC bought a new stake in shares of Royal Gold during the 4th quarter worth $73,000. Hedge funds and other institutional investors own 83.65% of the company's stock.

Royal Gold Stock Down 0.4 %

NASDAQ:RGLD traded down $0.68 during mid-day trading on Tuesday, reaching $185.24. 143,461 shares of the company were exchanged, compared to its average volume of 402,864. Royal Gold, Inc. has a 12 month low of $118.00 and a 12 month high of $191.78. The stock has a market cap of $12.19 billion, a PE ratio of 36.77, a PEG ratio of 3.42 and a beta of 0.77. The company has a fifty day moving average of $159.14 and a 200 day moving average of $148.37.

Royal Gold (NASDAQ:RGLD - Get Free Report) TSE: RGL last posted its quarterly earnings data on Wednesday, February 12th. The basic materials company reported $1.63 earnings per share for the quarter, topping the consensus estimate of $1.46 by $0.17. Royal Gold had a net margin of 46.15% and a return on equity of 11.46%. On average, equities research analysts anticipate that Royal Gold, Inc. will post 6.2 EPS for the current fiscal year.

Royal Gold Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, April 17th. Shareholders of record on Friday, April 4th were issued a dividend of $0.45 per share. The ex-dividend date of this dividend was Friday, April 4th. This represents a $1.80 annualized dividend and a yield of 0.97%. Royal Gold's dividend payout ratio is currently 35.71%.

Insider Buying and Selling

In related news, SVP Randy Shefman sold 1,300 shares of the company'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 completion of the sale, the senior vice president now owns 9,360 shares in the company, valued at approximately $1,450,612.80. This represents a 12.20 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. 0.49% of the stock is currently owned by insiders.

Analysts Set New Price Targets

A number of research firms have weighed in on RGLD. Jefferies Financial Group raised shares of Royal Gold from a "hold" rating to a "buy" rating and boosted their target price for the stock from $154.00 to $178.00 in a research report on Tuesday, January 7th. BMO Capital Markets started coverage on Royal Gold in a report on Wednesday, April 16th. They set a "market perform" rating and a $196.00 price target for the company. Royal Bank of Canada dropped their target price on shares of Royal Gold from $175.00 to $170.00 and set an "outperform" rating on the stock in a research report on Friday, April 4th. Scotiabank upgraded shares of Royal Gold from a "sector perform" rating to a "sector outperform" rating and boosted their price objective for the stock from $166.00 to $189.00 in a report on Monday, April 14th. Finally, Raymond James lifted their target price on Royal Gold from $181.00 to $200.00 and gave the stock an "outperform" rating in a research report on Friday, April 4th. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and six have issued a buy rating to the company's stock. Based on data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average target price of $178.00.

About Royal Gold

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.