Osisko Gold Royalties Ltd (NYSE:OR) Stock Holdings Cut by American Century Companies Inc.

American Century Companies Inc. lessened its position in Osisko Gold Royalties Ltd (NYSE:OR) by 5.1% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 537,440 shares of the basic materials company’s stock after selling 28,868 shares during the period. American Century Companies Inc.’s holdings in Osisko Gold Royalties were worth $9,728,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of OR. FMR LLC boosted its holdings in Osisko Gold Royalties by 1.9% during the third quarter. FMR LLC now owns 4,484,929 shares of the basic materials company’s stock worth $83,070,000 after buying an additional 83,799 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its position in shares of Osisko Gold Royalties by 45.5% during the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 420,462 shares of the basic materials company’s stock valued at $7,783,000 after acquiring an additional 131,558 shares during the last quarter. Polar Asset Management Partners Inc. acquired a new stake in shares of Osisko Gold Royalties during the 3rd quarter valued at $746,000. Stansberry Asset Management LLC boosted its stake in shares of Osisko Gold Royalties by 2.1% during the 3rd quarter. Stansberry Asset Management LLC now owns 358,853 shares of the basic materials company’s stock worth $6,642,000 after acquiring an additional 7,284 shares in the last quarter. Finally, Anson Funds Management LP grew its holdings in shares of Osisko Gold Royalties by 64.3% in the 3rd quarter. Anson Funds Management LP now owns 217,700 shares of the basic materials company’s stock worth $4,032,000 after acquiring an additional 85,200 shares during the last quarter. Institutional investors and hedge funds own 68.52% of the company’s stock.

Osisko Gold Royalties Stock Performance

Shares of Osisko Gold Royalties stock opened at $21.04 on Thursday. Osisko Gold Royalties Ltd has a 12 month low of $15.12 and a 12 month high of $21.34. The company has a quick ratio of 4.40, a current ratio of 4.40 and a debt-to-equity ratio of 0.05. The stock has a market cap of $3.93 billion, a PE ratio of 233.78 and a beta of 0.88. The business has a fifty day simple moving average of $19.43 and a 200-day simple moving average of $19.26.

Osisko Gold Royalties (NYSE:OR) last announced its quarterly earnings data on Wednesday, February 19th. The basic materials company reported $0.16 EPS for the quarter, topping analysts’ consensus estimates of $0.14 by $0.02. Osisko Gold Royalties had a return on equity of 7.94% and a net margin of 8.50%. The firm had revenue of $56.74 million during the quarter, compared to analyst estimates of $68.31 million. On average, sell-side 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 announced a quarterly dividend, which will be paid on Tuesday, April 15th. Shareholders of record on Monday, March 31st will be paid a dividend of $0.0457 per share. This represents a $0.18 dividend on an annualized basis and a dividend yield of 0.87%. The ex-dividend date is Monday, March 31st. Osisko Gold Royalties’s dividend payout ratio (DPR) is currently 200.00%.

Wall Street Analyst Weigh In

A number of equities analysts recently weighed in on OR shares. Royal Bank of Canada increased their price target on Osisko Gold Royalties from $23.00 to $24.00 and gave the company an “outperform” rating in a research report on Tuesday, February 11th. Scotiabank decreased their target price on shares of Osisko Gold Royalties from $31.00 to $22.00 and set a “sector perform” rating for the company in a report on Thursday, February 27th. Three equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of $22.67.

Osisko Gold Royalties Profile

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.