Versor Investments LP boosted its stake in shares of Triple Flag Precious Metals Corp. (NYSE:TFPM – Free Report) by 19.7% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 18,204 shares of the company’s stock after acquiring an additional 3,000 shares during the quarter. Versor Investments LP’s holdings in Triple Flag Precious Metals were worth $273,000 at the end of the most recent reporting period.
A number of other large investors also recently bought and sold shares of TFPM. FMR LLC increased its holdings in shares of Triple Flag Precious Metals by 8.9% during the 3rd quarter. FMR LLC now owns 4,061,121 shares of the company’s stock valued at $65,761,000 after purchasing an additional 333,574 shares in the last quarter. Van ECK Associates Corp grew its position in Triple Flag Precious Metals by 2.1% during the third quarter. Van ECK Associates Corp now owns 3,497,411 shares of the company’s stock valued at $56,588,000 after buying an additional 71,894 shares during the period. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp increased its holdings in Triple Flag Precious Metals by 18.0% in the third quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp now owns 1,595,829 shares of the company’s stock valued at $25,838,000 after buying an additional 242,906 shares in the last quarter. Montrusco Bolton Investments Inc. raised its position in shares of Triple Flag Precious Metals by 9.0% in the third quarter. Montrusco Bolton Investments Inc. now owns 697,000 shares of the company’s stock worth $11,299,000 after acquiring an additional 57,751 shares during the period. Finally, Tidal Investments LLC boosted its stake in shares of Triple Flag Precious Metals by 1.8% during the 3rd quarter. Tidal Investments LLC now owns 533,520 shares of the company’s stock worth $8,632,000 after acquiring an additional 9,184 shares in the last quarter. 82.91% of the stock is owned by institutional investors and hedge funds.
Triple Flag Precious Metals Stock Up 1.6 %
NYSE:TFPM opened at $16.76 on Tuesday. The stock has a market capitalization of $3.37 billion, a PE ratio of -152.34, a price-to-earnings-growth ratio of 0.78 and a beta of -0.08. Triple Flag Precious Metals Corp. has a 52 week low of $12.90 and a 52 week high of $18.88. The stock’s 50-day moving average price is $16.10 and its 200-day moving average price is $16.42.
Triple Flag Precious Metals Announces Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Friday, March 14th. Shareholders of record on Monday, March 3rd will be given a dividend of $0.055 per share. This represents a $0.22 dividend on an annualized basis and a yield of 1.31%. The ex-dividend date is Monday, March 3rd. Triple Flag Precious Metals’s dividend payout ratio is presently -200.00%.
Triple Flag Precious Metals Profile
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.
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