Stocks

Y Intercept Hong Kong Ltd Takes a $409,000 Position in Royal Gold, Inc. (NASDAQ:RGLD)

Published March 3, 2025

Y Intercept Hong Kong Ltd has recently taken a new position in Royal Gold, Inc. (NASDAQ:RGLD) during the fourth quarter of the fiscal year, as disclosed in its latest filing with the SEC. The institutional investor acquired 3,099 shares of the precious metals company, with an estimated value of approximately $409,000.

In addition, other institutional players have also adjusted their stakes in Royal Gold. For example, Exchange Traded Concepts LLC bought a new stake in the fourth quarter valued at around $25,000. Meanwhile, Point72 Hong Kong Ltd and Advisors Asset Management Inc. made their acquisitions in the third quarter, investing about $36,000 and $38,000, respectively. Notably, Nomura Asset Management Co. Ltd increased its position by 61.1% during that same quarter, now holding 290 shares worth $41,000 after adding 110 shares to its portfolio. Similarly, Larson Financial Group LLC raised its stake by 51.7%, owning 361 shares valued at $51,000 after acquiring 123 shares in that period. Overall, institutional investors and hedge funds hold around 83.65% of Royal Gold stock.

Insider Transactions

In related insider news, Daniel Breeze, the Senior Vice President, sold 549 shares of Royal Gold on December 9. This sale was executed at an average price of $150.00 per share, amounting to a total of $82,350. After this transaction, Breeze continues to hold 16,293 shares, valued at approximately $2,443,950, representing a 3.26% decrease in his overall position. A full record of this trade is available through filings with the SEC.

Market Analysts' Opinions

Several financial analysts have recently revised their ratings on Royal Gold. For instance, TD Securities has increased its price target from $181.00 to $185.00, maintaining a “buy” rating. Similarly, Raymond James has raised its target from $184.00 to $186.00, giving the stock an “outperform” rating. Jefferies Financial Group has upgraded its stance from “hold” to “buy,” increasing its price objective from $154.00 to $178.00. Currently, one analyst rates the stock as a sell, three as a hold, and five as a buy, indicating a consensus rating of “Hold” with an average target price of $168.86.

Royal Gold's Stock Performance

On the stock market, shares of Royal Gold opened at $147.00 on a recent Monday. The firm has a market capitalization of $9.67 billion, a price-to-earnings ratio of 29.17, and a price-to-earnings-growth ratio of 3.42, with a beta value of 0.90. Over the past year, Royal Gold's stock has reached a low of $107.33 and a high of $155.64. Its fifty-day moving average stands at $140.55, while the 200-day average is $142.38.

Royal Gold last reported its earnings on February 12, showcasing earnings per share (EPS) of $1.63 for the quarter, surpassing analysts' projections of $1.46 by $0.17. The company showed a return on equity of 11.46% and a net margin of 46.15%, with expectations for a projected EPS of 6.2 for the current fiscal year.

Dividend Announcement

The company has announced a quarterly dividend to be issued on April 17. Shareholders of record as of April 4 will receive a dividend of $0.45, representing an annual dividend of $1.80 and a yield of 1.22%. Royal Gold's dividend payout ratio currently stands at 35.71%.

About Royal Gold

Royal Gold, Inc. and its subsidiaries focus on acquiring and managing precious metal streams, royalties, and related interests. The company specializes in acquiring stream and royalty interests or financing projects at various stages, whether in production, development, or exploration, primarily dealing with metals like gold, silver, copper, nickel, zinc, and lead.