JPMorgan Chase & Co. Purchases 13,790 Shares of Triple Flag Precious Metals Corp. (NYSE:TFPM)

JPMorgan Chase & Co. boosted its holdings in shares of Triple Flag Precious Metals Corp. (NYSE:TFPM) by 24.9% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 69,094 shares of the company’s stock after acquiring an additional 13,790 shares during the period. JPMorgan Chase & Co.’s holdings in Triple Flag Precious Metals were worth $1,118,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. FMR LLC lifted its holdings in shares of Triple Flag Precious Metals by 8.9% during the 3rd quarter. FMR LLC now owns 4,061,121 shares of the company’s stock valued at $65,761,000 after purchasing an additional 333,574 shares in the last quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp raised its holdings in Triple Flag Precious Metals by 18.0% during the 3rd quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp now owns 1,595,829 shares of the company’s stock worth $25,838,000 after buying an additional 242,906 shares during the period. Bank of Montreal Can lifted its stake in Triple Flag Precious Metals by 151.1% in the third quarter. Bank of Montreal Can now owns 367,936 shares of the company’s stock valued at $6,042,000 after buying an additional 221,389 shares in the last quarter. American Century Companies Inc. acquired a new position in shares of Triple Flag Precious Metals in the second quarter valued at approximately $2,389,000. Finally, Jane Street Group LLC boosted its holdings in shares of Triple Flag Precious Metals by 111.8% in the third quarter. Jane Street Group LLC now owns 203,272 shares of the company’s stock valued at $3,291,000 after buying an additional 107,312 shares during the period. 82.91% of the stock is owned by institutional investors and hedge funds.

Triple Flag Precious Metals Trading Down 0.0 %

NYSE:TFPM opened at $15.93 on Friday. The company has a market cap of $3.20 billion, a P/E ratio of -61.25, a price-to-earnings-growth ratio of 0.69 and a beta of -0.09. Triple Flag Precious Metals Corp. has a twelve month low of $11.75 and a twelve month high of $18.88. The business has a 50 day moving average price of $15.92 and a two-hundred day moving average price of $16.19. The company has a quick ratio of 3.05, a current ratio of 3.18 and a debt-to-equity ratio of 0.02.

Triple Flag Precious Metals (NYSE:TFPM) last announced its quarterly earnings data on Tuesday, November 5th. The company reported $0.15 EPS for the quarter, topping analysts’ consensus estimates of $0.14 by $0.01. Triple Flag Precious Metals had a negative net margin of 22.15% and a positive return on equity of 5.51%. The business had revenue of $73.67 million for the quarter. During the same period in the prior year, the firm earned $0.09 EPS. As a group, analysts expect that Triple Flag Precious Metals Corp. will post 0.55 EPS for the current fiscal year.

Triple Flag Precious Metals Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, December 16th. Stockholders of record on Friday, November 29th were issued a $0.055 dividend. This represents a $0.22 annualized dividend and a dividend yield of 1.38%. The ex-dividend date was Friday, November 29th. Triple Flag Precious Metals’s payout ratio is -84.62%.

Analyst Upgrades and Downgrades

Separately, Jefferies Financial Group upped their target price on shares of Triple Flag Precious Metals from $20.00 to $22.00 and gave the stock a “buy” rating in a research note on Friday, October 4th.

Triple Flag Precious Metals Company Profile

Triple Flag Precious Metals Corp., a precious-metals-focused streaming and royalty company, engages in acquiring and managing precious metals, streams, royalties and other mineral interests in Australia, Canada, Colombia, Cote d'Ivoire, Honduras, Mexico, Mongolia, Peru, South Africa, the United States, and internationally.