Triple Flag Precious Metals Corp. (NYSE:TFPM) Shares Acquired by Versor Investments LP

Versor Investments LP increased its position in shares of Triple Flag Precious Metals Corp. (NYSE:TFPM) by 19.7% in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 18,204 shares of the company’s stock after purchasing an additional 3,000 shares during the quarter. Versor Investments LP’s holdings in Triple Flag Precious Metals were worth $273,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently added to or reduced their stakes in TFPM. Meixler Investment Management Ltd. lifted its stake in Triple Flag Precious Metals by 19.9% in the 4th quarter. Meixler Investment Management Ltd. now owns 28,612 shares of the company’s stock worth $430,000 after purchasing an additional 4,750 shares in the last quarter. Drive Wealth Management LLC purchased a new position in Triple Flag Precious Metals during the fourth quarter worth approximately $175,000. Perfromance Wealth Partners LLC grew its holdings in Triple Flag Precious Metals by 69.6% in the 4th quarter. Perfromance Wealth Partners LLC now owns 68,304 shares of the company’s stock valued at $1,027,000 after buying an additional 28,026 shares in the last quarter. JPMorgan Chase & Co. grew its holdings in Triple Flag Precious Metals by 24.9% in the 3rd quarter. JPMorgan Chase & Co. now owns 69,094 shares of the company’s stock valued at $1,118,000 after buying an additional 13,790 shares in the last quarter. Finally, Tidal Investments LLC increased its stake in shares of Triple Flag Precious Metals by 1.8% in the 3rd quarter. Tidal Investments LLC now owns 533,520 shares of the company’s stock worth $8,632,000 after acquiring an additional 9,184 shares during the last quarter. 82.91% of the stock is owned by institutional investors and hedge funds.

Triple Flag Precious Metals Price Performance

NYSE:TFPM opened at $16.76 on Tuesday. The company’s 50-day moving average is $16.10 and its two-hundred day moving average is $16.42. Triple Flag Precious Metals Corp. has a 1-year low of $12.90 and a 1-year high of $18.88. The firm has a market capitalization of $3.37 billion, a price-to-earnings ratio of -152.34, a PEG ratio of 0.78 and a beta of -0.08.

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

Triple Flag Precious Metals Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, March 14th. Investors of record on Monday, March 3rd will be issued a dividend of $0.055 per share. This represents a $0.22 dividend on an annualized basis and a yield of 1.31%. The ex-dividend date of this dividend is Monday, March 3rd. Triple Flag Precious Metals’s dividend payout ratio (DPR) is -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.