Oppenheimer Asset Management Inc. Lowers Stock Position in Triple Flag Precious Metals Corp. (NYSE:TFPM)

Oppenheimer Asset Management Inc. trimmed its holdings in Triple Flag Precious Metals Corp. (NYSE:TFPM) by 21.8% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 10,851 shares of the company’s stock after selling 3,018 shares during the quarter. Oppenheimer Asset Management Inc.’s holdings in Triple Flag Precious Metals were worth $163,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. Meixler Investment Management Ltd. grew its stake in shares of Triple Flag Precious Metals by 43.7% during the 3rd quarter. Meixler Investment Management Ltd. now owns 23,862 shares of the company’s stock worth $386,000 after purchasing an additional 7,262 shares during the period. Versor Investments LP boosted its holdings in Triple Flag Precious Metals by 47.6% during the third quarter. Versor Investments LP now owns 15,204 shares of the company’s stock worth $246,000 after buying an additional 4,904 shares in the last quarter. Aigen Investment Management LP boosted its holdings in Triple Flag Precious Metals by 47.4% during the third quarter. Aigen Investment Management LP now owns 23,894 shares of the company’s stock worth $387,000 after buying an additional 7,680 shares in the last quarter. Oppenheimer & Co. Inc. acquired a new position in Triple Flag Precious Metals during the third quarter worth about $278,000. Finally, Lummis Asset Management LP increased its holdings in Triple Flag Precious Metals by 104.9% in the third quarter. Lummis Asset Management LP now owns 98,129 shares of the company’s stock valued at $1,588,000 after buying an additional 50,242 shares in the last quarter. Hedge funds and other institutional investors own 82.91% of the company’s stock.

Triple Flag Precious Metals Stock Up 0.3 %

NYSE:TFPM opened at $17.60 on Friday. Triple Flag Precious Metals Corp. has a 52-week low of $13.29 and a 52-week high of $18.88. The stock has a fifty day simple moving average of $16.23 and a 200-day simple moving average of $16.44. The company has a market capitalization of $3.54 billion, a PE ratio of -159.95, a price-to-earnings-growth ratio of 0.78 and a beta of -0.08.

Triple Flag Precious Metals (NYSE:TFPM) last released its quarterly 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 negative net margin of 8.58% and a positive return on equity of 6.63%. The business had revenue of $74.21 million for the quarter, compared to analyst estimates of $74.10 million. As a group, equities analysts anticipate that Triple Flag Precious Metals Corp. will post 0.71 earnings per share for the current year.

Triple Flag Precious Metals Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, March 14th. Stockholders of record on Monday, March 3rd will be issued a dividend of $0.055 per share. This represents a $0.22 annualized dividend and a dividend yield of 1.25%. The ex-dividend date is Monday, March 3rd. Triple Flag Precious Metals’s dividend payout ratio (DPR) is -200.00%.

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.