C WorldWide Group Holding A S Purchases 36,171 Shares of Osisko Gold Royalties Ltd (NYSE:OR)

C WorldWide Group Holding A S increased its position in Osisko Gold Royalties Ltd (NYSE:OR) by 86.4% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 78,032 shares of the basic materials company’s stock after acquiring an additional 36,171 shares during the period. C WorldWide Group Holding A S’s holdings in Osisko Gold Royalties were worth $1,412,000 at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of the company. FMR LLC grew its holdings in shares of Osisko Gold Royalties by 1.9% in the third quarter. FMR LLC now owns 4,484,929 shares of the basic materials company’s stock worth $83,070,000 after acquiring an additional 83,799 shares during the period. CIBC Asset Management Inc lifted its position in Osisko Gold Royalties by 21.6% during the fourth quarter. CIBC Asset Management Inc now owns 3,111,398 shares of the basic materials company’s stock valued at $56,215,000 after purchasing an additional 551,936 shares in the last quarter. Principal Financial Group Inc. lifted its position in Osisko Gold Royalties by 5.7% during the third quarter. Principal Financial Group Inc. now owns 1,527,110 shares of the basic materials company’s stock valued at $28,316,000 after purchasing an additional 82,150 shares in the last quarter. Scheer Rowlett & Associates Investment Management Ltd. lifted its position in Osisko Gold Royalties by 53.9% during the third quarter. Scheer Rowlett & Associates Investment Management Ltd. now owns 965,801 shares of the basic materials company’s stock valued at $17,886,000 after purchasing an additional 338,354 shares in the last quarter. Finally, The Manufacturers Life Insurance Company lifted its position in Osisko Gold Royalties by 190.5% during the third quarter. The Manufacturers Life Insurance Company now owns 796,804 shares of the basic materials company’s stock valued at $14,766,000 after purchasing an additional 522,551 shares in the last quarter. Institutional investors own 68.52% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms recently weighed in on OR. Royal Bank of Canada lifted their target price 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. TD Cowen downgraded Osisko Gold Royalties from a “buy” rating to a “hold” rating in a research report on Monday, November 11th. Finally, TD Securities downgraded Osisko Gold Royalties from a “strong-buy” rating to a “hold” rating in a research report on Monday, November 11th.

Osisko Gold Royalties Price Performance

Shares of Osisko Gold Royalties stock opened at $18.57 on Monday. The stock’s 50-day simple moving average is $18.86 and its 200-day simple moving average is $18.78. Osisko Gold Royalties Ltd has a 52 week low of $13.63 and a 52 week high of $21.29. The company has a market capitalization of $3.47 billion, a price-to-earnings ratio of 206.28 and a beta of 1.02. The company has a quick ratio of 4.40, a current ratio of 4.40 and a debt-to-equity ratio of 0.05.

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, beating the consensus estimate 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 business had revenue of $56.74 million for the quarter, compared to the consensus estimate of $68.31 million. As a group, analysts expect that Osisko Gold Royalties Ltd will post 0.62 earnings per share for the current fiscal year.

Osisko Gold Royalties Cuts Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 15th. Stockholders of record on Monday, March 31st will be given a $0.0457 dividend. The ex-dividend date of this dividend is Monday, March 31st. This represents a $0.18 annualized dividend and a dividend yield of 0.98%. Osisko Gold Royalties’s payout ratio is 188.89%.

Osisko Gold Royalties Company 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.