Winmill & CO. Inc. Acquires 3,100 Shares of Royal Gold, Inc. $RGLD

Winmill & CO. Inc. boosted its holdings in Royal Gold, Inc. (NASDAQ:RGLD) (TSE:RGL) by 58.5% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 8,400 shares of the basic materials company’s stock after purchasing an additional 3,100 shares during the quarter. Royal Gold accounts for about 0.5% of Winmill & CO. Inc.’s portfolio, making the stock its 28th largest holding. Winmill & CO. Inc.’s holdings in Royal Gold were worth $1,867,000 at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. SG Americas Securities LLC lifted its position in shares of Royal Gold by 52.8% during the 4th quarter. SG Americas Securities LLC now owns 17,671 shares of the basic materials company’s stock valued at $3,928,000 after acquiring an additional 6,109 shares during the period. Louisbourg Investments Inc. bought a new position in shares of Royal Gold in the fourth quarter worth $3,938,000. Prospera Financial Services Inc acquired a new position in Royal Gold in the third quarter valued at about $1,068,000. Plancorp LLC raised its stake in Royal Gold by 69.8% in the fourth quarter. Plancorp LLC now owns 13,732 shares of the basic materials company’s stock valued at $3,053,000 after purchasing an additional 5,646 shares in the last quarter. Finally, World Investment Advisors bought a new stake in Royal Gold during the fourth quarter worth about $1,024,000. Institutional investors own 83.65% of the company’s stock.

Insider Buying and Selling

In other Royal Gold news, SVP Randy Shefman sold 1,000 shares of the stock in a transaction dated Monday, May 11th. The stock was sold at an average price of $243.74, for a total value of $243,740.00. Following the completion of the transaction, the senior vice president directly owned 9,082 shares in the company, valued at approximately $2,213,646.68. This trade represents a 9.92% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Corporate insiders own 0.35% of the company’s stock.

Royal Gold Price Performance

Shares of NASDAQ:RGLD opened at $207.57 on Monday. The company has a fifty day moving average of $237.29 and a 200-day moving average of $245.73. The company has a market capitalization of $17.62 billion, a PE ratio of 24.74, a price-to-earnings-growth ratio of 1.54 and a beta of 0.42. The company has a debt-to-equity ratio of 0.08, a quick ratio of 3.26 and a current ratio of 3.52. Royal Gold, Inc. has a 52-week low of $150.75 and a 52-week high of $306.25.

Royal Gold Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, July 16th. Shareholders of record on Thursday, July 2nd will be issued a $0.475 dividend. This represents a $1.90 dividend on an annualized basis and a yield of 0.9%. The ex-dividend date of this dividend is Thursday, July 2nd. Royal Gold’s dividend payout ratio is presently 22.65%.

Wall Street Analyst Weigh In

RGLD has been the topic of a number of analyst reports. Zacks Research downgraded shares of Royal Gold from a “hold” rating to a “strong sell” rating in a research note on Tuesday, May 5th. Weiss Ratings lowered shares of Royal Gold from a “buy (b)” rating to a “buy (b-)” rating in a research report on Thursday. UBS Group set a $325.00 price objective on shares of Royal Gold and gave the company a “buy” rating in a research report on Wednesday, April 15th. Finally, National Bank Financial reduced their target price on Royal Gold from $350.00 to $340.00 and set an “outperform” rating on the stock in a report on Friday, April 17th. Eight equities research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and two have given a Sell rating to the company. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $280.70.

Royal Gold Profile

Royal Gold, Inc, headquartered in Denver, Colorado, is a leading precious metals streaming and royalty company. Through its business model, Royal Gold provides upfront financing to mining operators in exchange for the right to purchase a percentage of future metal production at predetermined prices. This structure allows the company to participate in production upside while minimizing exposure to the operating and capital-intensive aspects of mine ownership.

The company’s portfolio encompasses interests in over 200 streams and royalties on projects across North America, South America, Europe, Africa and Australia.