Yaupon Capital Management LP Acquires 12,717 Shares of Osisko Gold Royalties Ltd (NYSE:OR)

Yaupon Capital Management LP boosted its stake in Osisko Gold Royalties Ltd (NYSE:OR - Free Report) by 1.6% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 805,555 shares of the basic materials company's stock after acquiring an additional 12,717 shares during the quarter. Yaupon Capital Management LP owned 0.43% of Osisko Gold Royalties worth $14,587,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. TD Waterhouse Canada Inc. grew its stake in shares of Osisko Gold Royalties by 4.9% during the 4th quarter. TD Waterhouse Canada Inc. now owns 201,831 shares of the basic materials company's stock worth $3,604,000 after acquiring an additional 9,381 shares in the last quarter. Dimensional Fund Advisors LP increased its stake in Osisko Gold Royalties by 1.3% in the 4th quarter. Dimensional Fund Advisors LP now owns 872,588 shares of the basic materials company's stock valued at $15,794,000 after buying an additional 11,088 shares during the last quarter. Mariner LLC increased its stake in Osisko Gold Royalties by 36.1% in the 4th quarter. Mariner LLC now owns 15,816 shares of the basic materials company's stock valued at $286,000 after buying an additional 4,197 shares during the last quarter. Barclays PLC boosted its stake in shares of Osisko Gold Royalties by 88.9% during the 4th quarter. Barclays PLC now owns 301,170 shares of the basic materials company's stock worth $5,451,000 after buying an additional 141,762 shares during the last quarter. Finally, Bessemer Group Inc. bought a new position in shares of Osisko Gold Royalties in the 4th quarter valued at about $391,000. 68.52% of the stock is owned by institutional investors and hedge funds.

Osisko Gold Royalties Price Performance

Shares of OR stock remained flat at $23.37 during trading on Friday. The company had a trading volume of 1,007,904 shares, compared to its average volume of 712,800. Osisko Gold Royalties Ltd has a 1-year low of $15.12 and a 1-year high of $24.18. The business has a fifty day moving average price of $20.42 and a two-hundred day moving average price of $19.71. The company has a debt-to-equity ratio of 0.05, a current ratio of 4.40 and a quick ratio of 4.40. The stock has a market capitalization of $4.37 billion, a PE ratio of 259.67 and a beta of 0.88.

Osisko Gold Royalties (NYSE:OR - Get Free Report) last released its quarterly earnings data on Wednesday, February 19th. The basic materials company reported $0.16 EPS for the quarter, beating the consensus estimate of $0.14 by $0.02. The firm had revenue of $56.74 million for the quarter, compared to the consensus estimate of $68.31 million. Osisko Gold Royalties had a net margin of 8.50% and a return on equity of 7.94%. As a group, analysts anticipate that Osisko Gold Royalties Ltd will post 0.62 EPS for the current fiscal year.

Osisko Gold Royalties Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, April 15th. Shareholders of record on Monday, March 31st were given a dividend of $0.0457 per share. The ex-dividend date was Monday, March 31st. This represents a $0.18 annualized dividend and a yield of 0.78%. Osisko Gold Royalties's dividend payout ratio (DPR) is presently 200.00%.

Analyst Ratings Changes

Several research firms recently issued reports on OR. Raymond James reiterated an "outperform" rating on shares of Osisko Gold Royalties in a report on Friday, April 4th. Royal Bank of Canada cut their price objective on Osisko Gold Royalties from $24.00 to $23.00 and set an "outperform" rating for the company in a report on Friday, April 4th. National Bankshares restated an "outperform" rating on shares of Osisko Gold Royalties in a report on Wednesday. Finally, Scotiabank upgraded shares of Osisko Gold Royalties from a "sector perform" rating to a "sector outperform" rating and increased their price target for the company from $22.00 to $24.00 in a research note on Monday, April 14th. Two equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. According to MarketBeat.com, Osisko Gold Royalties presently has an average rating of "Moderate Buy" and an average price target of $23.00.

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.