Royal Gold, Inc. $RGLD Shares Sold by DJE Kapital AG

DJE Kapital AG decreased its holdings in Royal Gold, Inc. (NASDAQ:RGLD) (TSE:RGL) by 41.7% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 19,530 shares of the basic materials company’s stock after selling 13,990 shares during the quarter. DJE Kapital AG’s holdings in Royal Gold were worth $4,426,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in RGLD. Greenleaf Trust lifted its holdings in Royal Gold by 2.9% in the fourth quarter. Greenleaf Trust now owns 1,538 shares of the basic materials company’s stock valued at $342,000 after acquiring an additional 43 shares during the last quarter. WPG Advisers LLC lifted its holdings in Royal Gold by 34.1% in the fourth quarter. WPG Advisers LLC now owns 181 shares of the basic materials company’s stock valued at $40,000 after acquiring an additional 46 shares during the last quarter. Parcion Private Wealth LLC lifted its holdings in Royal Gold by 2.9% in the fourth quarter. Parcion Private Wealth LLC now owns 1,701 shares of the basic materials company’s stock valued at $378,000 after acquiring an additional 48 shares during the last quarter. Avidian Wealth Enterprises LLC lifted its holdings in Royal Gold by 2.0% in the fourth quarter. Avidian Wealth Enterprises LLC now owns 2,689 shares of the basic materials company’s stock valued at $598,000 after acquiring an additional 54 shares during the last quarter. Finally, Compound Planning Inc. lifted its holdings in Royal Gold by 4.4% in the third quarter. Compound Planning Inc. now owns 1,315 shares of the basic materials company’s stock valued at $264,000 after acquiring an additional 56 shares during the last quarter. Institutional investors and hedge funds own 83.65% of the company’s stock.

Insider Buying and Selling at Royal Gold

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

Royal Gold Stock Up 3.8%

Shares of NASDAQ RGLD opened at $204.57 on Friday. The firm has a market cap of $17.36 billion, a price-to-earnings ratio of 24.38, a PEG ratio of 1.46 and a beta of 0.41. The company has a quick ratio of 3.26, a current ratio of 3.52 and a debt-to-equity ratio of 0.08. Royal Gold, Inc. has a 52-week low of $150.75 and a 52-week high of $306.25. The business’s 50 day moving average is $238.43 and its two-hundred day moving average is $245.62.

Royal Gold Dividend Announcement

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 given a $0.475 dividend. The ex-dividend date of this dividend is Thursday, July 2nd. This represents a $1.90 dividend on an annualized basis and a yield of 0.9%. Royal Gold’s payout ratio is presently 22.65%.

Analyst Upgrades and Downgrades

RGLD has been the topic of a number of recent analyst reports. Weiss Ratings reiterated a “buy (b)” rating on shares of Royal Gold in a report on Tuesday, April 21st. National Bank Financial cut their target price on Royal Gold from $350.00 to $340.00 and set an “outperform” rating on the stock in a research report on Friday, April 17th. UBS Group set a $325.00 target price on Royal Gold and gave the company a “buy” rating in a research report on Wednesday, April 15th. Finally, Zacks Research lowered Royal Gold from a “hold” rating to a “strong sell” rating in a research report on Tuesday, May 5th. Eight investment analysts have rated the stock with a Buy rating, two have issued a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat.com, Royal Gold has a consensus rating of “Moderate Buy” and a consensus target price 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.