Royal Gold Inc USA) (RGLD) : Pring Turner Capital Group Inc reduced its stake in Royal Gold Inc USA) by 0.42% during the most recent quarter end. The investment management company now holds a total of 41,827 shares of Royal Gold Inc USA) which is valued at $2.4 Million after selling 175 shares in Royal Gold Inc USA) , the firm said in a disclosure report filed with the SEC on May 11, 2016.Royal Gold Inc USA) makes up approximately 3.50% of Pring Turner Capital Group Inc’s portfolio.
Other Hedge Funds, Including , Royce Associates Lp boosted its stake in RGLD in the latest quarter, The investment management firm added 20,000 additional shares and now holds a total of 39,900 shares of Royal Gold Inc USA) which is valued at $2.3 Million. Royal Gold Inc USA) makes up approx 0.01% of Royce Associates Lp’s portfolio. Violich Capital Management added RGLD to its portfolio by purchasing 4,825 company shares during the most recent quarter which is valued at $278,547. Royal Gold Inc USA) makes up approx 0.09% of Violich Capital Management’s portfolio.New York State Common Retirement Fund reduced its stake in RGLD by selling 800 shares or 0.54% in the most recent quarter. The Hedge Fund company now holds 147,900 shares of RGLD which is valued at $8.8 Million. Royal Gold Inc USA) makes up approx 0.01% of New York State Common Retirement Fund’s portfolio. Quantbot Technologies Lp sold out all of its stake in RGLD during the most recent quarter. The investment firm sold 5,536 shares of RGLD which is valued $346,664.
Royal Gold Inc USA) opened for trading at $58.44 and hit $59.95 on the upside on Monday, eventually ending the session at $58.79, with a gain of 1.84% or 1.06 points. The heightened volatility saw the trading volume jump to 6,02,092 shares. Company has a market cap of $3,837 M.
On the company’s financial health, Royal Gold Inc USA) reported $0.29 EPS for the quarter, beating the analyst consensus estimate by $ 0.02 according to the earnings call on Apr 27, 2016. Analyst had a consensus of $0.27. The company had revenue of $93.50 million for the quarter, compared to analysts expectations of $100.70 million. The company’s revenue was up 26.2% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.38 EPS.
Many Wall Street Analysts have commented on Royal Gold Inc USA). Company shares were Reiterated by FBR Capital on May 3, 2016 to “Mkt Perform”, Firm has raised the Price Target to $ 57 from a previous price target of $55 .Royal Gold Inc USA) was Downgraded by Raymond James to ” Mkt Perform” on Mar 14, 2016.
Royal Gold Inc. (Royal Gold) together with its subsidiaries is engaged in the business of acquiring and managing precious metals royalties metal streams and similar interests. The Company operates through two business segments: acquisition and management of royalty interests and acquisition and management of stream interests. As of June 30 2015 the Company owned stream interests on one producing property and two development-stage properties and owned royalty interests on 36 producing properties 22 development-stage properties and 135 exploration-stage properties. The Company’s principal producing properties include Andacollo Cortez Holt Mount Milligan Mulatos Penasquito Robinson Mine Voisey’s Bay and Wassa Bogoso and Prestea. The Company’s principal development-stage properties include Pascua-Lama project and Phoenix Gold.