Osisko Gold Royalties Ltd (NYSE:OR) Shares Acquired by Dimensional Fund Advisors LP

Dimensional Fund Advisors LP increased its holdings in shares of Osisko Gold Royalties Ltd (NYSE:OR) by 1.3% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 872,588 shares of the basic materials company’s stock after acquiring an additional 11,088 shares during the quarter. Dimensional Fund Advisors LP owned approximately 0.47% of Osisko Gold Royalties worth $15,794,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of OR. SBI Securities Co. Ltd. bought a new stake in shares of Osisko Gold Royalties in the 4th quarter worth approximately $57,000. Generali Investments CEE investicni spolecnost a.s. bought a new position in Osisko Gold Royalties in the 4th quarter worth about $72,000. Northwest & Ethical Investments L.P. increased its stake in shares of Osisko Gold Royalties by 11.0% in the fourth quarter. Northwest & Ethical Investments L.P. now owns 6,292 shares of the basic materials company’s stock valued at $114,000 after purchasing an additional 626 shares during the period. Employees Retirement System of Texas bought a new stake in shares of Osisko Gold Royalties during the fourth quarter valued at approximately $1,306,000. Finally, Franklin Resources Inc. boosted its position in shares of Osisko Gold Royalties by 4.5% during the fourth quarter. Franklin Resources Inc. now owns 12,282 shares of the basic materials company’s stock worth $222,000 after buying an additional 534 shares during the period. Institutional investors own 68.52% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts have issued reports on OR shares. Scotiabank upgraded Osisko Gold Royalties from a “sector perform” rating to a “sector outperform” rating and boosted their price target for the stock from $22.00 to $24.00 in a research report on Monday, April 14th. Royal Bank of Canada dropped their price target on shares of Osisko Gold Royalties from $24.00 to $23.00 and set an “outperform” rating on the stock in a research report on Friday, April 4th. Raymond James reiterated an “outperform” rating on shares of Osisko Gold Royalties in a report on Friday, April 4th. Finally, National Bankshares restated an “outperform” rating on shares of Osisko Gold Royalties in a research report on Wednesday, April 23rd. Two research analysts have rated the stock with a hold rating and five have issued a buy rating to the company. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $23.00.

Osisko Gold Royalties Price Performance

Shares of NYSE:OR opened at $23.74 on Friday. The company has a market capitalization of $4.44 billion, a PE ratio of 263.82 and a beta of 0.76. 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 fifty day moving average of $21.34 and a 200-day moving average of $19.94. Osisko Gold Royalties Ltd has a one year low of $15.12 and a one year high of $24.70.

Osisko Gold Royalties (NYSE:OR) last announced its earnings results on Wednesday, May 7th. The basic materials company reported $0.16 EPS for the quarter, beating the consensus estimate of $0.13 by $0.03. The business had revenue of $54.92 million during the quarter, compared to the consensus estimate of $79.63 million. Osisko Gold Royalties had a return on equity of 7.94% and a net margin of 8.50%. As a group, equities analysts anticipate that Osisko Gold Royalties Ltd will post 0.62 EPS for the current fiscal year.

Osisko Gold Royalties Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, April 15th. Stockholders of record on Monday, March 31st were issued a dividend of $0.0457 per share. The ex-dividend date was Monday, March 31st. This represents a $0.18 dividend on an annualized basis and a dividend yield of 0.77%. Osisko Gold Royalties’s dividend payout ratio is currently 200.00%.

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.