Savant Capital LLC Decreases Position in Triple Flag Precious Metals Corp. (NYSE:TFPM)

Savant Capital LLC trimmed its stake in Triple Flag Precious Metals Corp. (NYSE:TFPM) by 36.5% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 10,247 shares of the company’s stock after selling 5,891 shares during the quarter. Savant Capital LLC’s holdings in Triple Flag Precious Metals were worth $154,000 at the end of the most recent quarter.

A number of other institutional investors also recently made changes to their positions in TFPM. Point72 Asset Management L.P. acquired a new position in shares of Triple Flag Precious Metals in the third quarter worth $111,000. Drive Wealth Management LLC acquired a new position in shares of Triple Flag Precious Metals in the fourth quarter worth $175,000. XTX Topco Ltd acquired a new position in shares of Triple Flag Precious Metals in the third quarter worth $220,000. Virtu Financial LLC raised its holdings in shares of Triple Flag Precious Metals by 6.0% in the third quarter. Virtu Financial LLC now owns 15,066 shares of the company’s stock worth $244,000 after acquiring an additional 857 shares during the last quarter. Finally, Versor Investments LP raised its holdings in shares of Triple Flag Precious Metals by 47.6% in the third quarter. Versor Investments LP now owns 15,204 shares of the company’s stock worth $246,000 after acquiring an additional 4,904 shares during the last quarter. 82.91% of the stock is owned by institutional investors and hedge funds.

Triple Flag Precious Metals Stock Performance

NYSE TFPM opened at $17.26 on Thursday. Triple Flag Precious Metals Corp. has a fifty-two week low of $11.75 and a fifty-two week high of $18.88. The stock has a market cap of $3.47 billion, a price-to-earnings ratio of -66.38, a price-to-earnings-growth ratio of 0.81 and a beta of -0.08. The business has a fifty day moving average of $15.92 and a 200-day moving average of $16.31. 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 released its earnings results on Wednesday, February 19th. The company reported $0.18 EPS for the quarter, beating the consensus estimate of $0.16 by $0.02. Triple Flag Precious Metals had a positive return on equity of 5.51% and a negative net margin of 22.15%. As a group, analysts predict that Triple Flag Precious Metals Corp. will post 0.55 earnings per share for the current fiscal year.

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.