Osisko Gold Royalties Ltd (NYSE:OR) Stock Holdings Lifted by Scotia Capital Inc.

Scotia Capital Inc. lifted its holdings in Osisko Gold Royalties Ltd (NYSE:ORFree Report) by 3.5% during the third quarter, according to the company in its most recent filing with the SEC. The fund owned 126,490 shares of the basic materials company’s stock after buying an additional 4,327 shares during the quarter. Scotia Capital Inc.’s holdings in Osisko Gold Royalties were worth $1,480,000 as of its most recent filing with the SEC.

A number of other large investors also recently modified their holdings of the business. Van ECK Associates Corp lifted its position in shares of Osisko Gold Royalties by 4.2% in the 3rd quarter. Van ECK Associates Corp now owns 20,064,306 shares of the basic materials company’s stock worth $235,755,000 after buying an additional 810,979 shares during the last quarter. Vanguard Group Inc. increased its holdings in shares of Osisko Gold Royalties by 12.0% in the 3rd quarter. Vanguard Group Inc. now owns 6,270,757 shares of the basic materials company’s stock worth $63,837,000 after acquiring an additional 669,599 shares during the period. Invesco Ltd. increased its holdings in shares of Osisko Gold Royalties by 1.2% in the 1st quarter. Invesco Ltd. now owns 2,446,061 shares of the basic materials company’s stock worth $32,263,000 after acquiring an additional 29,825 shares during the period. Norges Bank acquired a new stake in shares of Osisko Gold Royalties in the 4th quarter worth about $21,208,000. Finally, Amundi increased its holdings in shares of Osisko Gold Royalties by 2.5% in the 4th quarter. Amundi now owns 1,669,967 shares of the basic materials company’s stock worth $21,092,000 after acquiring an additional 40,550 shares during the period. 58.77% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

OR has been the topic of a number of analyst reports. TheStreet cut shares of Osisko Gold Royalties from a “b-” rating to a “c” rating in a report on Friday, November 10th. Jefferies Financial Group began coverage on shares of Osisko Gold Royalties in a research note on Thursday, February 29th. They set a “hold” rating and a $15.00 target price on the stock.

Check Out Our Latest Analysis on Osisko Gold Royalties

Osisko Gold Royalties Stock Performance

Osisko Gold Royalties stock opened at $16.15 on Friday. The company has a debt-to-equity ratio of 0.12, a current ratio of 4.11 and a quick ratio of 4.47. The company’s 50-day moving average price is $14.43 and its two-hundred day moving average price is $13.53. Osisko Gold Royalties Ltd has a 52 week low of $11.24 and a 52 week high of $17.96.

Osisko Gold Royalties Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, April 15th. Shareholders of record on Thursday, March 28th will be paid a dividend of $0.0444 per share. This is a boost from Osisko Gold Royalties’s previous quarterly dividend of $0.04. The ex-dividend date of this dividend is Wednesday, March 27th. This represents a $0.18 annualized dividend and a yield of 1.10%. Osisko Gold Royalties’s dividend payout ratio (DPR) is presently -94.74%.

About Osisko Gold Royalties

(Free Report)

Osisko Gold Royalties Ltd acquires and manages precious metal and other royalties, streams, and other interests in Canada and internationally. It also owns options on offtake; royalty/stream financings; and exclusive rights to participate in future royalty/stream financings on various projects. The company's primary asset is a 5% net smelter return royalty on the Canadian Malartic mine located in Canada.

Featured Articles

Want to see what other hedge funds are holding OR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Osisko Gold Royalties Ltd (NYSE:ORFree Report).

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

Receive News & Ratings for Osisko Gold Royalties Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Osisko Gold Royalties and related companies with MarketBeat.com's FREE daily email newsletter.