Generali Investments CEE investicni spolecnost a.s. Makes New $72,000 Investment in Osisko Gold Royalties Ltd (NYSE:OR)

Generali Investments CEE investicni spolecnost a.s. bought a new position in shares of Osisko Gold Royalties Ltd (NYSE:OR) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 4,000 shares of the basic materials company’s stock, valued at approximately $72,000.

A number of other institutional investors also recently bought and sold shares of the company. Prescott Group Capital Management L.L.C. raised its stake in Osisko Gold Royalties by 24.1% during the fourth quarter. Prescott Group Capital Management L.L.C. now owns 288,000 shares of the basic materials company’s stock worth $5,213,000 after purchasing an additional 56,000 shares during the period. Raymond James Financial Inc. purchased a new position in Osisko Gold Royalties during the fourth quarter worth about $2,587,000. Charles Schwab Investment Management Inc. raised its stake in Osisko Gold Royalties by 0.4% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 348,043 shares of the basic materials company’s stock worth $6,299,000 after purchasing an additional 1,502 shares during the period. DJE Kapital AG purchased a new stake in shares of Osisko Gold Royalties in the 4th quarter valued at approximately $1,692,000. Finally, SBI Securities Co. Ltd. purchased a new stake in shares of Osisko Gold Royalties in the 4th quarter valued at approximately $57,000. 68.52% of the stock is owned by hedge funds and other institutional investors.

Osisko Gold Royalties Trading Down 2.1 %

Shares of OR stock opened at $18.30 on Monday. The company has a debt-to-equity ratio of 0.05, a quick ratio of 4.40 and a current ratio of 4.40. The stock has a market capitalization of $3.42 billion, a P/E ratio of 203.28 and a beta of 0.96. The company has a 50 day moving average price of $18.85 and a 200 day moving average price of $18.90. Osisko Gold Royalties Ltd has a fifty-two week low of $15.12 and a fifty-two week high of $21.29.

Osisko Gold Royalties (NYSE:OR) last announced its quarterly earnings data on Wednesday, February 19th. The basic materials company reported $0.16 earnings per share for the quarter, beating analysts’ consensus estimates of $0.14 by $0.02. The firm had revenue of $56.74 million during the quarter, compared to analysts’ expectations of $68.31 million. Osisko Gold Royalties had a net margin of 8.50% and a return on equity of 7.94%. Equities research analysts predict that Osisko Gold Royalties Ltd will post 0.62 EPS 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. Investors of record on Monday, March 31st will be issued a $0.0457 dividend. This represents a $0.18 dividend on an annualized basis and a dividend yield of 1.00%. The ex-dividend date of this dividend is Monday, March 31st. Osisko Gold Royalties’s dividend payout ratio (DPR) is currently 200.00%.

Wall Street Analysts Forecast Growth

A number of research firms have recently issued reports on OR. Scotiabank reduced their price target on shares of Osisko Gold Royalties from $31.00 to $22.00 and set a “sector perform” rating on the stock in a research note on Thursday, February 27th. Royal Bank of Canada boosted their price target on shares of Osisko Gold Royalties from $23.00 to $24.00 and gave the company an “outperform” rating in a research note on Tuesday, February 11th. TD Securities downgraded shares of Osisko Gold Royalties from a “strong-buy” rating to a “hold” rating in a research note on Monday, November 11th. Finally, TD Cowen downgraded shares of Osisko Gold Royalties from a “buy” rating to a “hold” rating in a research note on Monday, November 11th. Three investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of $22.67.

About Osisko Gold Royalties

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.