XTX Topco Ltd Makes New $294,000 Investment in Osisko Gold Royalties Ltd (NYSE:OR)

XTX Topco Ltd bought a new stake in Osisko Gold Royalties Ltd (NYSE:OR) in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 18,898 shares of the basic materials company’s stock, valued at approximately $294,000.

A number of other large investors have also recently made changes to their positions in OR. EverSource Wealth Advisors LLC boosted its stake in Osisko Gold Royalties by 125.7% during the 1st quarter. EverSource Wealth Advisors LLC now owns 1,645 shares of the basic materials company’s stock worth $25,000 after purchasing an additional 916 shares during the period. Moors & Cabot Inc. grew its holdings in shares of Osisko Gold Royalties by 5.1% during the second quarter. Moors & Cabot Inc. now owns 20,536 shares of the basic materials company’s stock worth $320,000 after buying an additional 1,000 shares during the last quarter. Addenda Capital Inc. increased its position in Osisko Gold Royalties by 5.3% in the 1st quarter. Addenda Capital Inc. now owns 36,569 shares of the basic materials company’s stock valued at $600,000 after acquiring an additional 1,826 shares during the period. Commonwealth Equity Services LLC raised its stake in Osisko Gold Royalties by 6.5% during the 1st quarter. Commonwealth Equity Services LLC now owns 35,686 shares of the basic materials company’s stock valued at $586,000 after acquiring an additional 2,182 shares during the last quarter. Finally, B. Riley Wealth Advisors Inc. lifted its position in Osisko Gold Royalties by 9.1% during the 1st quarter. B. Riley Wealth Advisors Inc. now owns 59,528 shares of the basic materials company’s stock worth $977,000 after acquiring an additional 4,982 shares during the period. 68.52% of the stock is owned by institutional investors and hedge funds.

Osisko Gold Royalties Stock Down 2.8 %

Osisko Gold Royalties stock opened at $18.45 on Friday. The stock’s 50 day moving average price is $17.40 and its 200 day moving average price is $16.63. Osisko Gold Royalties Ltd has a 1-year low of $11.24 and a 1-year high of $19.03. The company has a market cap of $3.43 billion, a PE ratio of -87.86 and a beta of 1.03. The company has a debt-to-equity ratio of 0.07, a current ratio of 4.92 and a quick ratio of 4.92.

Osisko Gold Royalties (NYSE:OR) last posted its quarterly earnings results on Tuesday, August 6th. The basic materials company reported $0.13 earnings per share for the quarter, topping analysts’ consensus estimates of $0.12 by $0.01. Osisko Gold Royalties had a negative net margin of 36.71% and a positive return on equity of 6.80%. The business had revenue of $47.39 million for the quarter. On average, sell-side analysts predict that Osisko Gold Royalties Ltd will post 0.47 EPS for the current fiscal year.

Osisko Gold Royalties Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, October 15th. Stockholders of record on Monday, September 30th will be given a dividend of $0.047 per share. The ex-dividend date is Monday, September 30th. This represents a $0.19 dividend on an annualized basis and a dividend yield of 1.02%. Osisko Gold Royalties’s payout ratio is -90.48%.

Wall Street Analyst Weigh In

OR has been the subject of several analyst reports. Royal Bank of Canada cut their price target on Osisko Gold Royalties from $21.00 to $20.00 and set an “outperform” rating for the company in a research note on Tuesday, September 10th. Jefferies Financial Group upgraded shares of Osisko Gold Royalties from a “hold” rating to a “buy” rating and set a $19.00 price objective for the company in a research report on Friday, July 12th. Finally, TD Securities raised shares of Osisko Gold Royalties to a “strong-buy” rating in a report on Monday, July 22nd.

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.