SG Americas Securities LLC grew its stake in shares of Osisko Gold Royalties Ltd (NYSE:OR) by 45.8% in the second quarter, according to its most recent filing with the SEC. The institutional investor owned 29,004 shares of the basic materials company’s stock after purchasing an additional 9,106 shares during the period. SG Americas Securities LLC’s holdings in Osisko Gold Royalties were worth $354,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds also recently modified their holdings of OR. Bank of New York Mellon Corp grew its holdings in shares of Osisko Gold Royalties by 7.5% in the first quarter. Bank of New York Mellon Corp now owns 30,399 shares of the basic materials company’s stock valued at $338,000 after acquiring an additional 2,130 shares in the last quarter. Swiss National Bank grew its holdings in shares of Osisko Gold Royalties by 1.6% in the first quarter. Swiss National Bank now owns 175,730 shares of the basic materials company’s stock valued at $1,953,000 after acquiring an additional 2,700 shares in the last quarter. UBS Group AG grew its holdings in shares of Osisko Gold Royalties by 6.3% in the first quarter. UBS Group AG now owns 72,215 shares of the basic materials company’s stock valued at $802,000 after acquiring an additional 4,254 shares in the last quarter. Tower Research Capital LLC TRC grew its holdings in shares of Osisko Gold Royalties by 391.1% in the first quarter. Tower Research Capital LLC TRC now owns 14,550 shares of the basic materials company’s stock valued at $162,000 after acquiring an additional 11,587 shares in the last quarter. Finally, UBS Asset Management Americas Inc. grew its holdings in shares of Osisko Gold Royalties by 55.7% in the first quarter. UBS Asset Management Americas Inc. now owns 32,986 shares of the basic materials company’s stock valued at $366,000 after acquiring an additional 11,800 shares in the last quarter. 39.11% of the stock is owned by hedge funds and other institutional investors.

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Osisko Gold Royalties Ltd (NYSE OR) opened at 13.67 on Thursday. The company has a 50-day moving average price of $13.90 and a 200 day moving average price of $11.80. Osisko Gold Royalties Ltd has a 1-year low of $8.88 and a 1-year high of $14.24. The stock has a market cap of $2.15 billion, a P/E ratio of 44.10 and a beta of 0.26.

The company also recently declared a quarterly dividend, which will be paid on Monday, October 16th. Investors of record on Saturday, September 30th will be given a dividend of $0.0401 per share. The ex-dividend date is Thursday, September 28th. This represents a $0.16 annualized dividend and a dividend yield of 1.17%. This is an increase from Osisko Gold Royalties’s previous quarterly dividend of $0.03. Osisko Gold Royalties’s dividend payout ratio (DPR) is 40.00%.

Several equities analysts have recently issued reports on OR shares. Zacks Investment Research raised Osisko Gold Royalties from a “hold” rating to a “buy” rating and set a $14.00 target price for the company in a report on Wednesday, July 12th. Raymond James Financial, Inc. started coverage on Osisko Gold Royalties in a report on Thursday, June 15th. They issued an “outperform” rating and a $20.00 target price for the company. TD Securities lowered Osisko Gold Royalties to a “hold” rating and set a $19.00 target price for the company. in a report on Tuesday, June 6th. Finally, Royal Bank Of Canada reaffirmed an “outperform” rating on shares of Osisko Gold Royalties in a report on Thursday, September 7th. Two equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. The stock presently has an average rating of “Buy” and a consensus target price of $17.67.

Osisko Gold Royalties Company Profile

Osisko Gold Royalties Ltd. acquires and manages precious metal and other royalties and streams, and similar interests in the Americas. It has 5% net smelter returns (NSR) royalty on the Canadian Malartic property located in the province of Québec, Canada; and 2% to 3.5% NSR royalty on the Éléonore mine situated in the James Bay area in Québec, Canada.

Institutional Ownership by Quarter for Osisko Gold Royalties (NYSE:OR)

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