Toronto Dominion Bank Sells 89,260 Shares of Osisko gold royalties Ltd (NYSE:OR)

Toronto Dominion Bank decreased its position in Osisko gold royalties Ltd (NYSE:OR) by 47.3% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 99,420 shares of the basic materials company’s stock after selling 89,260 shares during the quarter. Toronto Dominion Bank owned approximately 0.07% of Osisko gold royalties worth $1,036,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of OR. Acadian Asset Management LLC grew its stake in shares of Osisko gold royalties by 1,987.2% in the first quarter. Acadian Asset Management LLC now owns 1,379,609 shares of the basic materials company’s stock worth $15,499,000 after acquiring an additional 1,313,509 shares during the last quarter. Renaissance Technologies LLC grew its stake in shares of Osisko gold royalties by 20.8% in the second quarter. Renaissance Technologies LLC now owns 1,564,085 shares of the basic materials company’s stock worth $16,329,000 after acquiring an additional 268,985 shares during the last quarter. Intact Investment Management Inc. grew its stake in shares of Osisko gold royalties by 14.8% in the second quarter. Intact Investment Management Inc. now owns 1,678,800 shares of the basic materials company’s stock worth $22,916,000 after acquiring an additional 216,400 shares during the last quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp purchased a new stake in shares of Osisko gold royalties in the first quarter worth $2,504,000. Finally, Canada Pension Plan Investment Board grew its stake in shares of Osisko gold royalties by 518.2% in the second quarter. Canada Pension Plan Investment Board now owns 188,607 shares of the basic materials company’s stock worth $1,970,000 after acquiring an additional 158,100 shares during the last quarter. Institutional investors and hedge funds own 53.96% of the company’s stock.

OR stock traded down $0.01 during trading on Wednesday, reaching $11.97. The stock had a trading volume of 13,219 shares, compared to its average volume of 820,811. Osisko gold royalties Ltd has a 52 week low of $7.00 and a 52 week high of $13.43. The stock’s 50 day moving average is $12.42 and its two-hundred day moving average is $11.25. The company has a current ratio of 1.96, a quick ratio of 1.96 and a debt-to-equity ratio of 0.22. The firm has a market cap of $1.72 billion, a PE ratio of 79.87, a PEG ratio of 2.87 and a beta of -0.03.

Osisko gold royalties (NYSE:OR) last posted its earnings results on Wednesday, July 31st. The basic materials company reported $0.04 earnings per share for the quarter, beating analysts’ consensus estimates of $0.03 by $0.01. Osisko gold royalties had a positive return on equity of 1.89% and a negative net margin of 30.81%. The company had revenue of $98.39 million for the quarter, compared to the consensus estimate of $73.72 million. On average, research analysts anticipate that Osisko gold royalties Ltd will post 0.15 EPS for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, October 15th. Stockholders of record on Monday, September 30th will be paid a $0.038 dividend. The ex-dividend date is Friday, September 27th. This represents a $0.15 annualized dividend and a dividend yield of 1.27%. This is an increase from Osisko gold royalties’s previous quarterly dividend of $0.04. Osisko gold royalties’s dividend payout ratio (DPR) is 100.00%.

A number of equities research analysts have recently commented on OR shares. Canaccord Genuity reissued a “buy” rating on shares of Osisko gold royalties in a research note on Friday, August 23rd. ValuEngine cut Osisko gold royalties from a “buy” rating to a “hold” rating in a research note on Thursday, September 12th. Zacks Investment Research raised Osisko gold royalties from a “hold” rating to a “buy” rating and set a $14.00 target price on the stock in a research note on Thursday, August 22nd. Finally, Raymond James reissued a “buy” rating and issued a $18.00 target price on shares of Osisko gold royalties in a research note on Wednesday, September 4th. Four analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. The stock has a consensus rating of “Buy” and a consensus price target of $16.75.

Osisko gold royalties Company Profile

Osisko Gold Royalties Ltd acquires and manages precious metal and other royalties, streams, and similar interests in Canada and internationally. Its assets include the 5% net smelter return (NSR) royalty on the Canadian Malartic mine; the 2.0% to 3.5% NSR royalty on the Eleonore mine; a 9.6% diamond stream on the Renard diamond mine; a 4% gold and silver stream on the Brucejack gold; a 3% NSR royalty on the Seabee gold operations located in Saskatchewan, Canada; and the 1.38% to 2.55% NSR royalty on the Island Gold mine.

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Institutional Ownership by Quarter for Osisko gold royalties (NYSE:OR)

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