Triple Flag Precious Metals Corp. (NYSE:TFPM) Shares Acquired by De Lisle Partners LLP

De Lisle Partners LLP raised its stake in shares of Triple Flag Precious Metals Corp. (NYSE:TFPM) by 48.8% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 119,020 shares of the company’s stock after buying an additional 39,020 shares during the period. De Lisle Partners LLP’s holdings in Triple Flag Precious Metals were worth $1,925,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Versor Investments LP bought a new position in shares of Triple Flag Precious Metals in the second quarter valued at approximately $160,000. 1832 Asset Management L.P. acquired a new stake in Triple Flag Precious Metals in the second quarter worth approximately $165,000. CIBC Asset Management Inc bought a new position in Triple Flag Precious Metals during the 2nd quarter valued at $179,000. Magnetar Financial LLC acquired a new position in shares of Triple Flag Precious Metals during the 2nd quarter valued at $228,000. Finally, Oppenheimer & Co. Inc. bought a new stake in shares of Triple Flag Precious Metals in the 3rd quarter worth $278,000. 82.91% of the stock is currently owned by institutional investors.

Triple Flag Precious Metals Price Performance

Shares of Triple Flag Precious Metals stock opened at $16.58 on Thursday. Triple Flag Precious Metals Corp. has a 12-month low of $11.75 and a 12-month high of $18.88. The firm has a market capitalization of $3.34 billion, a PE ratio of -63.77, a price-to-earnings-growth ratio of 1.07 and a beta of -0.16. The company has a quick ratio of 3.05, a current ratio of 3.18 and a debt-to-equity ratio of 0.02. The stock’s fifty day moving average is $16.86 and its 200-day moving average is $16.28.

Triple Flag Precious Metals (NYSE:TFPM) last posted its quarterly earnings data on Tuesday, November 5th. The company reported $0.15 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.14 by $0.01. Triple Flag Precious Metals had a positive return on equity of 5.51% and a negative net margin of 22.15%. The firm had revenue of $73.67 million for the quarter. During the same quarter in the previous year, the firm posted $0.09 EPS. Equities analysts anticipate that Triple Flag Precious Metals Corp. will post 0.56 earnings per share for the current year.

Triple Flag Precious Metals Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, December 16th. Investors of record on Friday, November 29th will be given a $0.055 dividend. The ex-dividend date is Friday, November 29th. This represents a $0.22 annualized dividend and a dividend yield of 1.33%. Triple Flag Precious Metals’s dividend payout ratio (DPR) is presently -84.62%.

Analysts Set New Price Targets

Several research analysts recently weighed in on the company. Jefferies Financial Group raised their target price on Triple Flag Precious Metals from $20.00 to $22.00 and gave the company a “buy” rating in a research note on Friday, October 4th. Scotiabank boosted their target price on shares of Triple Flag Precious Metals from $20.00 to $21.00 and gave the stock a “sector outperform” rating in a report on Monday, August 19th. One investment analyst has rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $20.50.

About Triple Flag Precious Metals

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.