Raymond James & Associates Reduces Holdings in Osisko Gold Royalties Ltd (NYSE:OR)

Raymond James & Associates decreased its stake in shares of Osisko Gold Royalties Ltd (NYSE:ORFree Report) by 52.2% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 14,159 shares of the basic materials company’s stock after selling 15,475 shares during the quarter. Raymond James & Associates’ holdings in Osisko Gold Royalties were worth $166,000 as of its most recent SEC filing.

Several other large investors also recently bought and sold shares of OR. CIBC Asset Management Inc increased its holdings in shares of Osisko Gold Royalties by 0.4% in the 2nd quarter. CIBC Asset Management Inc now owns 246,632 shares of the basic materials company’s stock valued at $3,793,000 after acquiring an additional 877 shares during the last quarter. Commonwealth Equity Services LLC boosted its position in shares of Osisko Gold Royalties by 8.9% in the 3rd quarter. Commonwealth Equity Services LLC now owns 12,555 shares of the basic materials company’s stock valued at $127,000 after purchasing an additional 1,021 shares during the period. SG Americas Securities LLC boosted its position in shares of Osisko Gold Royalties by 2.5% in the 3rd quarter. SG Americas Securities LLC now owns 46,276 shares of the basic materials company’s stock valued at $544,000 after purchasing an additional 1,108 shares during the period. Geode Capital Management LLC boosted its position in shares of Osisko Gold Royalties by 1.9% in the 4th quarter. Geode Capital Management LLC now owns 65,154 shares of the basic materials company’s stock valued at $785,000 after purchasing an additional 1,224 shares during the period. Finally, Vident Investment Advisory LLC boosted its position in shares of Osisko Gold Royalties by 9.2% in the 1st quarter. Vident Investment Advisory LLC now owns 16,504 shares of the basic materials company’s stock valued at $218,000 after purchasing an additional 1,389 shares during the period. Hedge funds and other institutional investors own 58.77% of the company’s stock.

Osisko Gold Royalties Stock Up 0.8 %

OR opened at $15.12 on Thursday. The company has a debt-to-equity ratio of 0.18, a current ratio of 4.47 and a quick ratio of 4.47. The business has a 50 day simple moving average of $14.31 and a 200-day simple moving average of $13.44. The stock has a market capitalization of $2.80 billion, a P/E ratio of 94.47 and a beta of 1.01. Osisko Gold Royalties Ltd has a 12 month low of $11.24 and a 12 month high of $17.96.

Osisko Gold Royalties (NYSE:ORGet Free Report) last posted its quarterly earnings results on Wednesday, November 8th. The basic materials company reported $0.09 EPS for the quarter, missing the consensus estimate of $0.10 by ($0.01). The business had revenue of $46.27 million during the quarter. Osisko Gold Royalties had a net margin of 16.79% and a return on equity of 6.94%. On average, equities analysts anticipate that Osisko Gold Royalties Ltd will post 0.44 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Separately, TheStreet cut Osisko Gold Royalties from a “b-” rating to a “c” rating in a research report on Friday, November 10th.

Read Our Latest Stock Analysis on OR

About Osisko Gold Royalties

(Free Report)

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 5% net smelter return royalty on the Canadian Malartic mine located in Canada.

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Institutional Ownership by Quarter for Osisko Gold Royalties (NYSE:OR)

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