HighTower Advisors LLC Buys 2,447 Shares of Triple Flag Precious Metals Corp. (NYSE:TFPM)

HighTower Advisors LLC grew its position in shares of Triple Flag Precious Metals Corp. (NYSE:TFPM) by 8.4% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 31,432 shares of the company’s stock after acquiring an additional 2,447 shares during the quarter. HighTower Advisors LLC’s holdings in Triple Flag Precious Metals were worth $473,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also recently modified their holdings of the company. Point72 Asset Management L.P. bought a new position in Triple Flag Precious Metals in the third quarter valued at about $111,000. Drive Wealth Management LLC purchased a new stake in shares of Triple Flag Precious Metals during the 4th quarter valued at about $175,000. XTX Topco Ltd bought a new position in shares of Triple Flag Precious Metals in the 3rd quarter worth approximately $220,000. Virtu Financial LLC boosted its holdings in shares of Triple Flag Precious Metals by 6.0% in the third quarter. Virtu Financial LLC now owns 15,066 shares of the company’s stock worth $244,000 after buying an additional 857 shares during the last quarter. Finally, Versor Investments LP boosted its holdings in shares of Triple Flag Precious Metals by 19.7% in the fourth quarter. Versor Investments LP now owns 18,204 shares of the company’s stock worth $273,000 after buying an additional 3,000 shares during the last quarter. 82.91% of the stock is currently owned by hedge funds and other institutional investors.

Triple Flag Precious Metals Trading Down 1.6 %

Shares of TFPM stock opened at $19.40 on Monday. Triple Flag Precious Metals Corp. has a 12 month low of $13.94 and a 12 month high of $19.90. The stock has a market cap of $3.90 billion, a P/E ratio of -176.35, a P/E/G ratio of 0.78 and a beta of -0.08. The company has a 50 day simple moving average of $17.37 and a two-hundred day simple moving average of $16.75.

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

Triple Flag Precious Metals Dividend Announcement

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

About Triple Flag Precious Metals

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.