Royal Gold, Inc. (NASDAQ:RGLD) (TSE:RGL) CEO Tony A. Jensen sold 25,000 shares of the company’s stock in a transaction dated Monday, August 28th. The stock was sold at an average price of $90.00, for a total transaction of $2,250,000.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Shares of Royal Gold, Inc. (NASDAQ:RGLD) opened at 90.92 on Thursday. The stock has a market capitalization of $5.94 billion, a price-to-earnings ratio of 58.66 and a beta of 0.68. The firm’s 50 day moving average is $84.62 and its 200 day moving average is $75.56. Royal Gold, Inc. has a 52-week low of $60.21 and a 52-week high of $92.00.

Royal Gold (NASDAQ:RGLD) (TSE:RGL) last issued its quarterly earnings data on Wednesday, August 9th. The basic materials company reported $0.31 earnings per share for the quarter, missing analysts’ consensus estimates of $0.33 by $0.02. Royal Gold had a net margin of 23.03% and a return on equity of 4.19%. The business had revenue of $108.90 million for the quarter, compared to analyst estimates of $108.72 million. During the same quarter last year, the business earned $0.32 EPS. Royal Gold’s revenue for the quarter was up 15.7% compared to the same quarter last year. Equities analysts expect that Royal Gold, Inc. will post $1.80 earnings per share for the current year.

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, October 20th. Shareholders of record on Friday, October 6th will be paid a dividend of $0.24 per share. The ex-dividend date of this dividend is Thursday, October 5th. This represents a $0.96 dividend on an annualized basis and a yield of 1.06%. Royal Gold’s dividend payout ratio (DPR) is presently 61.54%.

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A number of large investors have recently modified their holdings of the stock. QS Investors LLC raised its stake in shares of Royal Gold by 0.4% in the second quarter. QS Investors LLC now owns 3,561 shares of the basic materials company’s stock worth $278,000 after buying an additional 13 shares during the period. IFP Advisors Inc raised its stake in shares of Royal Gold by 1.7% in the second quarter. IFP Advisors Inc now owns 2,343 shares of the basic materials company’s stock worth $183,000 after buying an additional 39 shares during the period. Meadow Creek Investment Management LLC raised its stake in shares of Royal Gold by 6.2% in the first quarter. Meadow Creek Investment Management LLC now owns 1,648 shares of the basic materials company’s stock worth $115,000 after buying an additional 96 shares during the period. Teacher Retirement System of Texas raised its stake in shares of Royal Gold by 2.0% in the second quarter. Teacher Retirement System of Texas now owns 5,216 shares of the basic materials company’s stock worth $408,000 after buying an additional 100 shares during the period. Finally, Utah Retirement Systems raised its stake in shares of Royal Gold by 0.8% in the second quarter. Utah Retirement Systems now owns 11,946 shares of the basic materials company’s stock worth $934,000 after buying an additional 100 shares during the period. Hedge funds and other institutional investors own 70.43% of the company’s stock.

A number of research firms recently weighed in on RGLD. BMO Capital Markets reaffirmed a “buy” rating and issued a $95.00 price objective on shares of Royal Gold in a research note on Thursday, June 29th. National Bank Financial upped their price objective on shares of Royal Gold from $82.50 to $92.50 and gave the stock a “sector perform” rating in a research note on Thursday, August 10th. BidaskClub lowered shares of Royal Gold from a “buy” rating to a “hold” rating in a research note on Saturday, June 10th. Scotiabank upped their price objective on shares of Royal Gold from $81.00 to $115.00 and gave the stock a “sector perform” rating in a research note on Friday, May 12th. Finally, FBR & Co upped their price objective on shares of Royal Gold from $80.00 to $81.00 and gave the stock an “outperform” rating in a research note on Monday, May 15th. One equities research analyst has rated the stock with a sell rating, six have issued a hold rating, six have given a buy rating and one has assigned a strong buy rating to the company. The company currently has a consensus rating of “Buy” and a consensus price target of $91.95.

Royal Gold Company Profile

Royal Gold, Inc, together with its subsidiaries, is engaged in acquiring and managing precious metal streams, royalties and similar interests. The Company operates through two segments: Acquisition and Management of Stream Interests, and Acquisition and Management of Royalty Interests. Its assets are located in Canada, Chile, Dominican Republic, Mexico, the United States, Africa, Australia and Other.

Insider Buying and Selling by Quarter for Royal Gold (NASDAQ:RGLD)

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