Royal Gold, Inc. (NASDAQ:RGLD) (TSE:RGL) CFO Stefan Wenger sold 1,500 shares of Royal Gold stock in a transaction that occurred on Monday, October 2nd. The shares were sold at an average price of $85.88, for a total value of $128,820.00. The sale was disclosed in a filing with the SEC, which is available through this hyperlink.

Stefan Wenger also recently made the following trade(s):

  • On Friday, August 18th, Stefan Wenger sold 2,086 shares of Royal Gold stock. The shares were sold at an average price of $87.49, for a total value of $182,504.14.
  • On Tuesday, July 25th, Stefan Wenger sold 1,129 shares of Royal Gold stock. The shares were sold at an average price of $85.00, for a total value of $95,965.00.
  • On Wednesday, July 12th, Stefan Wenger sold 500 shares of Royal Gold stock. The shares were sold at an average price of $80.00, for a total value of $40,000.00.

Shares of Royal Gold, Inc. (NASDAQ:RGLD) opened at 86.40 on Friday. The company has a market cap of $5.65 billion, a P/E ratio of 55.74 and a beta of 0.57. The firm has a 50-day moving average price of $89.51 and a 200-day moving average price of $80.17. Royal Gold, Inc. has a 1-year low of $60.21 and a 1-year high of $94.39.

Royal Gold (NASDAQ:RGLD) (TSE:RGL) last released its earnings results on Wednesday, August 9th. The basic materials company reported $0.31 earnings per share for the quarter, missing the consensus estimate of $0.33 by ($0.02). The firm had revenue of $108.90 million during the quarter, compared to analysts’ expectations of $108.72 million. Royal Gold had a net margin of 23.03% and a return on equity of 4.19%. The business’s revenue was up 15.7% compared to the same quarter last year. During the same quarter last year, the business earned $0.32 EPS. On average, equities analysts expect that Royal Gold, Inc. will post $1.78 EPS for the current year.

The company also recently announced a quarterly dividend, which will be paid on Friday, October 20th. Stockholders of record on Friday, October 6th will be given a $0.24 dividend. The ex-dividend date of this dividend is Thursday, October 5th. This represents a $0.96 annualized dividend and a dividend yield of 1.11%. Royal Gold’s dividend payout ratio (DPR) is presently 61.54%.

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RGLD has been the topic of several recent analyst reports. BMO Capital Markets reissued a “buy” rating and set a $95.00 target price on shares of Royal Gold in a research note on Wednesday, September 6th. Royal Bank Of Canada reissued an “outperform” rating on shares of Royal Gold in a research note on Thursday, September 7th. BidaskClub raised Royal Gold from a “hold” rating to a “buy” rating in a research note on Saturday, July 8th. Raymond James Financial, Inc. reissued a “market perform” rating and set a $88.00 target price on shares of Royal Gold in a research note on Thursday, June 15th. Finally, Macquarie downgraded Royal Gold from an “outperform” rating to a “neutral” rating in a research note on Wednesday, July 12th. One research analyst has rated the stock with a sell rating, six have assigned a hold rating, six have given a buy rating and one has given a strong buy rating to the company. The company presently has an average rating of “Buy” and an average price target of $92.68.

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Vanguard Group Inc. lifted its position in shares of Royal Gold by 1.3% in the second quarter. Vanguard Group Inc. now owns 5,851,247 shares of the basic materials company’s stock valued at $457,392,000 after acquiring an additional 73,112 shares in the last quarter. Capital World Investors lifted its position in shares of Royal Gold by 25.7% in the second quarter. Capital World Investors now owns 4,158,000 shares of the basic materials company’s stock valued at $325,031,000 after acquiring an additional 849,900 shares in the last quarter. First Eagle Investment Management LLC lifted its position in shares of Royal Gold by 2.2% in the second quarter. First Eagle Investment Management LLC now owns 3,479,449 shares of the basic materials company’s stock valued at $271,989,000 after acquiring an additional 73,384 shares in the last quarter. State Street Corp lifted its position in shares of Royal Gold by 4.8% in the first quarter. State Street Corp now owns 2,354,371 shares of the basic materials company’s stock valued at $164,922,000 after acquiring an additional 108,212 shares in the last quarter. Finally, Northern Trust Corp lifted its position in shares of Royal Gold by 0.6% in the second quarter. Northern Trust Corp now owns 776,708 shares of the basic materials company’s stock valued at $60,715,000 after acquiring an additional 4,266 shares in the last quarter. Institutional investors and hedge funds own 70.43% of the company’s stock.

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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