Horizon Kinetics Asset Management LLC Sells 9,304 Shares of Triple Flag Precious Metals Corp. (NYSE:TFPM)

Horizon Kinetics Asset Management LLC lowered its stake in Triple Flag Precious Metals Corp. (NYSE:TFPM) by 41.7% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 12,992 shares of the company’s stock after selling 9,304 shares during the quarter. Horizon Kinetics Asset Management LLC’s holdings in Triple Flag Precious Metals were worth $195,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also recently made changes to their positions in TFPM. Virtu Financial LLC raised its stake in Triple Flag Precious Metals by 6.0% during the 3rd quarter. Virtu Financial LLC now owns 15,066 shares of the company’s stock valued at $244,000 after purchasing an additional 857 shares during the period. Quadrature Capital Ltd raised its stake in Triple Flag Precious Metals by 3.0% during the 3rd quarter. Quadrature Capital Ltd now owns 34,800 shares of the company’s stock valued at $564,000 after purchasing an additional 1,000 shares during the period. Farther Finance Advisors LLC increased its stake in Triple Flag Precious Metals by 175.6% in the 4th quarter. Farther Finance Advisors LLC now owns 1,896 shares of the company’s stock worth $29,000 after acquiring an additional 1,208 shares during the last quarter. HighTower Advisors LLC increased its stake in Triple Flag Precious Metals by 8.4% in the 4th quarter. HighTower Advisors LLC now owns 31,432 shares of the company’s stock worth $473,000 after acquiring an additional 2,447 shares during the last quarter. Finally, Versor Investments LP increased its stake in Triple Flag Precious Metals by 19.7% in the 4th quarter. Versor Investments LP now owns 18,204 shares of the company’s stock worth $273,000 after acquiring an additional 3,000 shares during the last quarter. Institutional investors own 82.91% of the company’s stock.

Triple Flag Precious Metals Price Performance

NYSE:TFPM opened at $18.92 on Tuesday. Triple Flag Precious Metals Corp. has a 1 year low of $13.31 and a 1 year high of $19.23. The stock’s 50 day simple moving average is $16.68 and its two-hundred day simple moving average is $16.54. The company has a market cap of $3.80 billion, a price-to-earnings ratio of -172.00, a PEG ratio of 0.78 and a beta of -0.08.

Triple Flag Precious Metals (NYSE:TFPM) last released 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. Triple Flag Precious Metals had a positive return on equity of 6.63% and a negative net margin of 8.58%. The business had revenue of $74.21 million for the quarter, compared to the consensus estimate of $74.10 million. As a group, analysts anticipate that Triple Flag Precious Metals Corp. will post 0.71 EPS for the current year.

Triple Flag Precious Metals Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 14th. Shareholders of record on Monday, March 3rd were paid a $0.055 dividend. This represents a $0.22 dividend on an annualized basis and a yield of 1.16%. The ex-dividend date was Monday, March 3rd. Triple Flag Precious Metals’s payout ratio is -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.