U S Global Investors Inc. Decreases Stock Holdings in Triple Flag Precious Metals Corp. (NYSE:TFPM)

U S Global Investors Inc. reduced its stake in Triple Flag Precious Metals Corp. (NYSE:TFPM) by 7.6% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 226,239 shares of the company’s stock after selling 18,645 shares during the period. U S Global Investors Inc. owned 0.11% of Triple Flag Precious Metals worth $3,403,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in TFPM. FMR LLC boosted its holdings in Triple Flag Precious Metals by 8.9% in the third quarter. FMR LLC now owns 4,061,121 shares of the company’s stock worth $65,761,000 after purchasing an additional 333,574 shares during the last quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp boosted its stake in Triple Flag Precious Metals by 18.0% during the third quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp now owns 1,595,829 shares of the company’s stock valued at $25,838,000 after buying an additional 242,906 shares during the last quarter. Bank of Montreal Can increased its holdings in shares of Triple Flag Precious Metals by 151.1% in the 3rd quarter. Bank of Montreal Can now owns 367,936 shares of the company’s stock worth $6,042,000 after buying an additional 221,389 shares during the last quarter. Jane Street Group LLC raised its holdings in Triple Flag Precious Metals by 111.8% during the 3rd quarter. Jane Street Group LLC now owns 203,272 shares of the company’s stock valued at $3,291,000 after buying an additional 107,312 shares during the period. Finally, Van ECK Associates Corp raised its holdings in shares of Triple Flag Precious Metals by 2.1% in the third quarter. Van ECK Associates Corp now owns 3,497,411 shares of the company’s stock worth $56,588,000 after buying an additional 71,894 shares during the period. Institutional investors own 82.91% of the company’s stock.

Triple Flag Precious Metals Stock Performance

Shares of NYSE TFPM opened at $16.67 on Friday. Triple Flag Precious Metals Corp. has a 52-week low of $12.10 and a 52-week high of $18.88. The stock has a 50 day moving average price of $16.05 and a 200 day moving average price of $16.39. The firm has a market capitalization of $3.35 billion, a price-to-earnings ratio of -151.50, 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 EPS for the quarter, beating the consensus estimate of $0.16 by $0.02. Triple Flag Precious Metals had a positive return on equity of 6.63% and a negative net margin of 8.58%. The firm had revenue of $74.21 million during the quarter, compared to analyst estimates of $74.10 million. Analysts forecast that Triple Flag Precious Metals Corp. will post 0.71 earnings per share for the current year.

Triple Flag Precious Metals Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, March 14th. Stockholders of record on Monday, March 3rd will be given a $0.055 dividend. The ex-dividend date of this dividend is Monday, March 3rd. This represents a $0.22 annualized dividend and a dividend yield of 1.32%. Triple Flag Precious Metals’s dividend payout ratio (DPR) is presently -200.00%.

Triple Flag Precious Metals Company 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.