Vontobel Holding Ltd. Takes $225,000 Position in Royal Gold, Inc. (NASDAQ:RGLD)

Vontobel Holding Ltd. acquired a new position in shares of Royal Gold, Inc. (NASDAQ:RGLD) (TSE:RGL) in the 3rd quarter, Holdings Channel.com reports. The fund acquired 1,601 shares of the basic materials company’s stock, valued at approximately $225,000.

A number of other institutional investors also recently made changes to their positions in RGLD. Private Advisor Group LLC boosted its stake in shares of Royal Gold by 2.5% during the second quarter. Private Advisor Group LLC now owns 5,690 shares of the basic materials company’s stock valued at $712,000 after acquiring an additional 141 shares during the last quarter. UMB Bank n.a. lifted its holdings in Royal Gold by 15.4% in the 3rd quarter. UMB Bank n.a. now owns 1,145 shares of the basic materials company’s stock valued at $161,000 after purchasing an additional 153 shares in the last quarter. QRG Capital Management Inc. boosted its stake in shares of Royal Gold by 6.3% during the 2nd quarter. QRG Capital Management Inc. now owns 2,591 shares of the basic materials company’s stock worth $324,000 after purchasing an additional 154 shares during the last quarter. Creative Planning grew its holdings in shares of Royal Gold by 1.9% during the second quarter. Creative Planning now owns 8,190 shares of the basic materials company’s stock worth $1,025,000 after buying an additional 155 shares in the last quarter. Finally, Aaron Wealth Advisors LLC raised its position in shares of Royal Gold by 1.8% in the second quarter. Aaron Wealth Advisors LLC now owns 9,756 shares of the basic materials company’s stock valued at $1,221,000 after buying an additional 169 shares during the last quarter. 83.65% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In other Royal Gold news, SVP Daniel Breeze sold 840 shares of the firm’s stock in a transaction that occurred on Friday, September 13th. The stock was sold at an average price of $143.43, for a total transaction of $120,481.20. Following the completion of the sale, the senior vice president now owns 16,842 shares in the company, valued at $2,415,648.06. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. In related news, Director Ronald J. Vance sold 1,000 shares of Royal Gold stock in a transaction dated Monday, August 12th. The stock was sold at an average price of $132.16, for a total value of $132,160.00. Following the completion of the transaction, the director now directly owns 9,109 shares in the company, valued at approximately $1,203,845.44. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, SVP Daniel Breeze sold 840 shares of the business’s stock in a transaction dated Friday, September 13th. The shares were sold at an average price of $143.43, for a total value of $120,481.20. Following the completion of the sale, the senior vice president now directly owns 16,842 shares of the company’s stock, valued at approximately $2,415,648.06. This represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 8,355 shares of company stock worth $1,170,315. 0.52% of the stock is currently owned by corporate insiders.

Royal Gold Stock Down 1.3 %

Shares of NASDAQ:RGLD opened at $152.24 on Thursday. The company has a 50 day moving average of $141.37 and a two-hundred day moving average of $132.72. Royal Gold, Inc. has a 52-week low of $100.55 and a 52-week high of $155.10. The company has a market capitalization of $10.01 billion, a price-to-earnings ratio of 44.91, a price-to-earnings-growth ratio of 1.28 and a beta of 0.90.

Royal Gold (NASDAQ:RGLD) (TSE:RGL) last released its quarterly earnings results on Wednesday, August 7th. The basic materials company reported $1.25 earnings per share for the quarter, beating analysts’ consensus estimates of $1.18 by $0.07. Royal Gold had a net margin of 39.15% and a return on equity of 8.74%. The business had revenue of $174.10 million during the quarter, compared to analyst estimates of $172.12 million. During the same period last year, the business earned $0.88 EPS. The business’s revenue was up 20.9% on a year-over-year basis. On average, equities analysts anticipate that Royal Gold, Inc. will post 4.89 earnings per share for the current year.

Royal Gold Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, October 18th. Investors of record on Friday, October 4th were paid a $0.40 dividend. This represents a $1.60 annualized dividend and a dividend yield of 1.05%. The ex-dividend date was Friday, October 4th. Royal Gold’s dividend payout ratio (DPR) is 47.20%.

Wall Street Analysts Forecast Growth

A number of brokerages recently issued reports on RGLD. Scotiabank raised their target price on shares of Royal Gold from $148.00 to $157.00 and gave the stock a “sector perform” rating in a research report on Monday, August 19th. CIBC raised their price objective on Royal Gold from $166.00 to $175.00 and gave the stock a “neutral” rating in a report on Wednesday, July 10th. StockNews.com upgraded Royal Gold from a “hold” rating to a “buy” rating in a research note on Thursday, September 19th. Cibc World Mkts raised Royal Gold to a “hold” rating in a research note on Wednesday, July 10th. Finally, Raymond James boosted their price objective on shares of Royal Gold from $167.00 to $170.00 and gave the company an “outperformer” rating in a research note on Friday, August 9th. One analyst has rated the stock with a sell rating, five have assigned a hold rating and four have issued a buy rating to the company’s stock. According to data from MarketBeat.com, Royal Gold has an average rating of “Hold” and a consensus target price of $158.86.

Royal Gold Company Profile

Royal Gold, Inc, together with its subsidiaries, acquires and manages precious metal streams, royalties, and related interests. The company engages in acquiring stream and royalty interests or to finance projects that are in production, development, or in the exploration stage in exchange for stream or royalty interests, which primarily consists of gold, silver, copper, nickel, zinc, lead, and other metals.