Triple Flag Precious Metals Corp. (NYSE:TFPM) Shares Sold by Commonwealth Equity Services LLC

Commonwealth Equity Services LLC cut its stake in Triple Flag Precious Metals Corp. (NYSE:TFPM) by 2.3% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 102,222 shares of the company’s stock after selling 2,367 shares during the period. Commonwealth Equity Services LLC’s holdings in Triple Flag Precious Metals were worth $1,537,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also recently made changes to their positions in TFPM. FMR LLC boosted its stake in Triple Flag Precious Metals by 8.9% during the third quarter. FMR LLC now owns 4,061,121 shares of the company’s stock worth $65,761,000 after buying an additional 333,574 shares during the last quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp raised its holdings in shares of Triple Flag Precious Metals by 18.0% during the 3rd quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp now owns 1,595,829 shares of the company’s stock worth $25,838,000 after acquiring an additional 242,906 shares during the period. Amundi purchased a new position in shares of Triple Flag Precious Metals during the 4th quarter worth $8,281,000. Tidal Investments LLC boosted its position in shares of Triple Flag Precious Metals by 1.8% during the 3rd quarter. Tidal Investments LLC now owns 533,520 shares of the company’s stock valued at $8,632,000 after acquiring an additional 9,184 shares during the last quarter. Finally, Bank of Montreal Can grew its holdings in shares of Triple Flag Precious Metals by 151.1% in the third quarter. Bank of Montreal Can now owns 367,936 shares of the company’s stock valued at $6,042,000 after purchasing an additional 221,389 shares during the period. Institutional investors and hedge funds own 82.91% of the company’s stock.

Triple Flag Precious Metals Price Performance

Shares of TFPM stock opened at $19.40 on Friday. The company has a market capitalization of $3.90 billion, a PE ratio of -176.35, a price-to-earnings-growth ratio of 0.78 and a beta of -0.08. The firm’s 50-day moving average is $17.37 and its two-hundred day moving average is $16.75. Triple Flag Precious Metals Corp. has a 12 month low of $13.94 and a 12 month high of $19.90.

Triple Flag Precious Metals (NYSE:TFPM) last released its quarterly earnings results on Wednesday, February 19th. The company reported $0.18 EPS for the quarter, beating the consensus estimate of $0.16 by $0.02. The firm had revenue of $74.21 million for the quarter, compared to analyst estimates of $74.10 million. Triple Flag Precious Metals had a negative net margin of 8.58% and a positive return on equity of 6.63%. Sell-side analysts forecast that Triple Flag Precious Metals Corp. will post 0.71 EPS for the current year.

Triple Flag Precious Metals Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, March 14th. Stockholders of record on Monday, March 3rd were paid a $0.055 dividend. This represents a $0.22 annualized dividend and a dividend yield of 1.13%. The ex-dividend date was Monday, March 3rd. Triple Flag Precious Metals’s dividend payout ratio (DPR) is presently -200.00%.

Triple Flag Precious Metals Profile

Triple Flag Precious Metals Corp., a precious-metals-focused streaming and royalty company, engages in acquiring and managing precious metals, streams, royalties and other mineral interests in Australia, Canada, Colombia, Cote d'Ivoire, Honduras, Mexico, Mongolia, Peru, South Africa, the United States, and internationally.