1 week Ago By ABMN Staff
Legal & General Group Plc decreased its position in Triple Flag Precious Metals Corp. ( NYSE:TFPM – Free Report ) by 7.0% during the 4th quarter, according to its most recent disclosure with the SEC.
The fund owned 59,968 shares of the company’s stock after selling 4,524 shares during the period. Legal & General Group Plc’s holdings in Triple Flag Precious Metals were worth $901,000 at the end of the most recent reporting period. Several other hedge funds and other institutional investors have also made changes to their positions in TFPM.
Norges Bank purchased a new stake in shares of Triple Flag Precious Metals in the 4th quarter worth about $15,696,000. Arrowstreet Capital Limited Partnership boosted its position in shares of Triple Flag Precious Metals by 377.2% in the 4th quarter.
Arrowstreet Capital Limited Partnership now owns 908,888 shares of the company’s stock worth $13,652,000 after buying an additional 718,408 shares in the last quarter. Amundi purchased a new position in Triple Flag Precious Metals in the 4th quarter valued at about $8,281,000. Hillsdale Investment Management Inc.
lifted its holdings in Triple Flag Precious Metals by 55.2% in the 4th quarter. Hillsdale Investment Management Inc.
now owns 523,878 shares of the company’s stock valued at $7,863,000 after purchasing an additional 186,278 shares in the last quarter. Finally, Bank of Montreal Can lifted its holdings in Triple Flag Precious Metals by 35.1% in the 4th quarter.
Bank of Montreal Can now owns 497,084 shares of the company’s stock valued at $7,460,000 after purchasing an additional 129,148 shares in the last quarter. Institutional investors and hedge funds own 82.91% of the company’s stock.
Triple Flag Precious Metals Stock Performance TFPM opened at $20.74 on Monday. The firm has a 50 day moving average price of $19.
12 and a 200 day moving average price of $17.35. The company has a market cap of $4.
17 billion, a PE ratio of -188.55, a price-to-earnings-growth ratio of 0.78 and a beta of -0.
25. Triple Flag Precious Metals Corp. has a 1 year low of $13.
94 and a 1 year high of $22.96. Triple Flag Precious Metals Announces Dividend The company also recently disclosed a quarterly dividend, which was paid on Friday, March 14th.
Shareholders of record on Monday, March 3rd were given a $0.055 dividend. This represents a $0.
22 annualized dividend and a yield of 1.06%. The ex-dividend date of this dividend was Monday, March 3rd.
Triple Flag Precious Metals’s dividend payout ratio (DPR) is -200.00%. Analyst Upgrades and Downgrades A number of research analysts have issued reports on TFPM shares.
BMO Capital Markets restated an “outperform” rating on shares of Triple Flag Precious Metals in a report on Wednesday. Scotiabank restated a “sector perform” rating on shares of Triple Flag Precious Metals in a report on Monday, April 14th. National Bank Financial upgraded shares of Triple Flag Precious Metals to a “strong-buy” rating in a report on Wednesday, April 23rd.
Jefferies Financial Group increased their price objective on shares of Triple Flag Precious Metals from $24.00 to $26.00 and gave the stock a “buy” rating in a report on Tuesday, April 22nd.
Finally, Raymond James reiterated an “outperform” rating on shares of Triple Flag Precious Metals in a report on Friday, April 4th. Two analysts have rated the stock with a hold rating, four have assigned a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.
com, Triple Flag Precious Metals has an average rating of “Moderate Buy” and an average price target of $22.00. Read Our Latest Report on Triple Flag Precious Metals Triple Flag Precious Metals Profile ( Free Report ) 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. Read More Receive News & Ratings for Triple Flag Precious Metals Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Triple Flag Precious Metals and related companies with MarketBeat.com's FREE daily email newsletter .
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