Beutel Goodman & Co Ltd. Has $32.05 Million Stock Holdings in Triple Flag Precious Metals Corp. (NYSE:TFPM)

Beutel Goodman & Co Ltd. lowered its position in shares of Triple Flag Precious Metals Corp. (NYSE:TFPM) by 7.6% in the fourth quarter, HoldingsChannel reports. The fund owned 2,134,100 shares of the company’s stock after selling 174,680 shares during the period. Beutel Goodman & Co Ltd.’s holdings in Triple Flag Precious Metals were worth $32,051,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. Orion Portfolio Solutions LLC boosted its holdings in Triple Flag Precious Metals by 103.4% during the third quarter. Orion Portfolio Solutions LLC now owns 46,902 shares of the company’s stock worth $759,000 after purchasing an additional 23,840 shares during the last quarter. Geode Capital Management LLC lifted its position in Triple Flag Precious Metals by 148.3% during the 3rd quarter. Geode Capital Management LLC now owns 64,744 shares of the company’s stock worth $1,235,000 after buying an additional 38,673 shares in the last quarter. FMR LLC boosted its stake 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 worth $65,761,000 after buying an additional 333,574 shares during the last quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp grew its holdings in shares of Triple Flag Precious Metals by 18.0% in the 3rd quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp now owns 1,595,829 shares of the company’s stock valued at $25,838,000 after acquiring an additional 242,906 shares in the last quarter. Finally, Walleye Capital LLC bought a new stake in Triple Flag Precious Metals during the third quarter worth about $1,128,000. Institutional investors and hedge funds own 82.91% of the company’s stock.

Triple Flag Precious Metals Stock Performance

Shares of NYSE TFPM opened at $19.40 on Friday. The stock has a market capitalization of $3.90 billion, a PE ratio of -176.35, 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 $13.94 and a 52 week high of $19.90. The stock has a 50 day moving average price of $17.37 and a 200 day moving average price of $16.74.

Triple Flag Precious Metals (NYSE:TFPM) last released its earnings results on Wednesday, February 19th. The company reported $0.18 earnings per share for the quarter, beating the consensus estimate of $0.16 by $0.02. Triple Flag Precious Metals had a negative net margin of 8.58% and a positive return on equity of 6.63%. The business had revenue of $74.21 million during the quarter, compared to analysts’ expectations of $74.10 million. As a group, research analysts forecast that Triple Flag Precious Metals Corp. will post 0.71 EPS for the current year.

Triple Flag Precious Metals Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, March 14th. Investors of record on Monday, March 3rd were paid a $0.055 dividend. The ex-dividend date of this dividend was Monday, March 3rd. This represents a $0.22 annualized dividend and a yield of 1.13%. Triple Flag Precious Metals’s dividend payout ratio (DPR) is currently -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.