Vanguard Group Inc. Has $26.73 Million Holdings in Osisko Gold Royalties Ltd (OR)

Vanguard Group Inc. boosted its position in shares of Osisko Gold Royalties Ltd (NYSE:OR) by 6.6% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 2,187,359 shares of the basic materials company’s stock after purchasing an additional 135,161 shares during the period. Vanguard Group Inc. owned approximately 1.39% of Osisko Gold Royalties worth $26,729,000 at the end of the most recent quarter.

A number of other hedge funds have also recently modified their holdings of the business. EdgePoint Investment Group Inc. raised its stake in Osisko Gold Royalties by 23.5% during the second quarter. EdgePoint Investment Group Inc. now owns 3,961,938 shares of the basic materials company’s stock worth $48,424,000 after purchasing an additional 755,061 shares during the period. Fiera Capital Corp increased its position in shares of Osisko Gold Royalties by 2.4% during the second quarter. Fiera Capital Corp now owns 507,996 shares of the basic materials company’s stock valued at $6,198,000 after acquiring an additional 12,038 shares during the last quarter. Intact Investment Management Inc. increased its position in shares of Osisko Gold Royalties by 88.6% during the second quarter. Intact Investment Management Inc. now owns 2,668,600 shares of the basic materials company’s stock valued at $42,111,000 after acquiring an additional 1,253,600 shares during the last quarter. JPMorgan Chase & Co. increased its position in shares of Osisko Gold Royalties by 351.0% during the second quarter. JPMorgan Chase & Co. now owns 198,131 shares of the basic materials company’s stock valued at $2,421,000 after acquiring an additional 154,203 shares during the last quarter. Finally, Commerzbank Aktiengesellschaft FI increased its position in shares of Osisko Gold Royalties by 27.6% during the second quarter. Commerzbank Aktiengesellschaft FI now owns 118,026 shares of the basic materials company’s stock valued at $1,442,000 after acquiring an additional 25,522 shares during the last quarter. 35.60% of the stock is currently owned by institutional investors.

A number of equities research analysts have weighed in on the stock. Royal Bank Of Canada reiterated an “outperform” rating on shares of Osisko Gold Royalties in a research report on Thursday, September 7th. Zacks Investment Research cut shares of Osisko Gold Royalties from a “buy” rating to a “hold” rating in a research report on Tuesday, August 1st. Finally, Scotiabank reiterated a “buy” rating and set a $20.00 price target on shares of Osisko Gold Royalties in a research report on Monday, November 6th. Two analysts have rated the stock with a hold rating and three have issued a buy rating to the company. Osisko Gold Royalties presently has an average rating of “Buy” and an average target price of $18.25.

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Shares of Osisko Gold Royalties Ltd (NYSE:OR) opened at $12.13 on Monday. Osisko Gold Royalties Ltd has a 12-month low of $8.88 and a 12-month high of $14.39. The firm has a market cap of $1,904.71, a PE ratio of 60.65, a price-to-earnings-growth ratio of 14.50 and a beta of -0.05. The company has a debt-to-equity ratio of 0.10, a quick ratio of 5.80 and a current ratio of 6.18.

The business also recently declared a quarterly dividend, which will be paid on Monday, January 15th. Shareholders of record on Friday, December 29th will be given a dividend of $0.039 per share. This represents a $0.16 dividend on an annualized basis and a dividend yield of 1.29%. The ex-dividend date of this dividend is Thursday, December 28th. Osisko Gold Royalties’s dividend payout ratio is presently 76.19%.

About Osisko Gold Royalties

Osisko Gold Royalties Ltd. acquires and manages precious metal and other royalties and streams, and similar interests in the Americas. It has 5% net smelter returns (NSR) royalty on the Canadian Malartic property located in the province of Québec, Canada; and 2% to 3.5% NSR royalty on the Éléonore mine situated in the James Bay area in Québec, Canada.

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Institutional Ownership by Quarter for Osisko Gold Royalties (NYSE:OR)

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