Towarzystwo Funduszy Inwestycyjnych Allianz Polska S.A. Has $454,000 Stock Holdings in Royal Gold, Inc. $RGLD

Towarzystwo Funduszy Inwestycyjnych Allianz Polska S.A. lessened its holdings in shares of Royal Gold, Inc. (NASDAQ:RGLD) (TSE:RGL) by 55.3% in the fourth quarter, according to its most recent filing with the SEC. The firm owned 2,020 shares of the basic materials company’s stock after selling 2,500 shares during the period. Royal Gold accounts for 1.0% of Towarzystwo Funduszy Inwestycyjnych Allianz Polska S.A.’s portfolio, making the stock its 22nd largest position. Towarzystwo Funduszy Inwestycyjnych Allianz Polska S.A.’s holdings in Royal Gold were worth $454,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of the business. Flagship Harbor Advisors LLC acquired a new stake in Royal Gold during the 4th quarter worth $96,000. Rathbones Group PLC grew its holdings in Royal Gold by 71.7% during the 4th quarter. Rathbones Group PLC now owns 1,975 shares of the basic materials company’s stock worth $439,000 after acquiring an additional 825 shares during the period. Savvy Advisors Inc. grew its holdings in Royal Gold by 6.6% during the 4th quarter. Savvy Advisors Inc. now owns 2,022 shares of the basic materials company’s stock worth $449,000 after acquiring an additional 126 shares during the period. Stratos Wealth Partners LTD. grew its holdings in Royal Gold by 50.9% during the 4th quarter. Stratos Wealth Partners LTD. now owns 3,037 shares of the basic materials company’s stock worth $675,000 after acquiring an additional 1,024 shares during the period. Finally, Trust Co. of Toledo NA OH acquired a new stake in Royal Gold during the 4th quarter worth $30,000. Institutional investors and hedge funds own 83.65% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently weighed in on the stock. Canadian Imperial Bank of Commerce reissued a “neutral” rating and set a $330.00 price target on shares of Royal Gold in a research report on Wednesday, February 4th. Zacks Research cut shares of Royal Gold from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, February 17th. Scotiabank cut shares of Royal Gold from a “sector outperform” rating to a “sector perform” rating and set a $335.00 price target on the stock. in a research report on Monday, January 26th. Finally, Weiss Ratings reissued a “buy (b)” rating on shares of Royal Gold in a research report on Thursday, January 22nd. Six equities research analysts have rated the stock with a Buy rating, three have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $260.56.

Insider Activity at Royal Gold

In related news, Director Mark Isto sold 2,000 shares of the business’s stock in a transaction on Thursday, March 12th. The shares were sold at an average price of $274.83, for a total value of $549,660.00. Following the sale, the director directly owned 20,043 shares of the company’s stock, valued at approximately $5,508,417.69. The trade was a 9.07% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, Director William M. Hayes sold 4,173 shares of the business’s stock in a transaction on Friday, February 20th. The shares were sold at an average price of $277.07, for a total transaction of $1,156,213.11. Following the completion of the sale, the director directly owned 6,129 shares in the company, valued at $1,698,162.03. This represents a 40.51% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last ninety days, insiders have sold 7,573 shares of company stock valued at $2,127,091. 0.49% of the stock is owned by corporate insiders.

Royal Gold Trading Down 0.8%

Shares of NASDAQ RGLD opened at $260.58 on Tuesday. The company’s fifty day moving average is $267.93 and its 200-day moving average is $230.29. The stock has a market cap of $22.10 billion, a price-to-earnings ratio of 38.26, a P/E/G ratio of 1.57 and a beta of 0.55. Royal Gold, Inc. has a twelve month low of $150.75 and a twelve month high of $306.25. The company has a quick ratio of 2.91, a current ratio of 3.12 and a debt-to-equity ratio of 0.12.

Royal Gold (NASDAQ:RGLD) (TSE:RGL) last announced its quarterly earnings results on Wednesday, February 18th. The basic materials company reported $1.92 earnings per share for the quarter, missing analysts’ consensus estimates of $2.68 by ($0.76). The firm had revenue of $310.83 million for the quarter, compared to the consensus estimate of $425.47 million. Royal Gold had a return on equity of 11.89% and a net margin of 45.26%.The company’s revenue for the quarter was up 85.2% compared to the same quarter last year. During the same period in the prior year, the business earned $1.63 earnings per share. Equities research analysts predict that Royal Gold, Inc. will post 6.2 EPS for the current year.

Royal Gold Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, April 16th. Investors of record on Thursday, April 2nd will be given a $0.475 dividend. This represents a $1.90 annualized dividend and a yield of 0.7%. The ex-dividend date of this dividend is Thursday, April 2nd. Royal Gold’s payout ratio is currently 27.90%.

About Royal Gold

Royal Gold, Inc, headquartered in Denver, Colorado, is a leading precious metals streaming and royalty company. Through its business model, Royal Gold provides upfront financing to mining operators in exchange for the right to purchase a percentage of future metal production at predetermined prices. This structure allows the company to participate in production upside while minimizing exposure to the operating and capital-intensive aspects of mine ownership.

The company’s portfolio encompasses interests in over 200 streams and royalties on projects across North America, South America, Europe, Africa and Australia.