Virtu Financial LLC Boosts Stake in Triple Flag Precious Metals Corp. (NYSE:TFPM)

Virtu Financial LLC lifted its holdings in Triple Flag Precious Metals Corp. (NYSE:TFPM) by 6.0% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 15,066 shares of the company’s stock after purchasing an additional 857 shares during the period. Virtu Financial LLC’s holdings in Triple Flag Precious Metals were worth $244,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors also recently bought and sold shares of the business. Point72 Asset Management L.P. acquired a new position in shares of Triple Flag Precious Metals during the 3rd quarter worth approximately $111,000. Versor Investments LP purchased a new stake in shares of Triple Flag Precious Metals during the second quarter worth approximately $160,000. 1832 Asset Management L.P. acquired a new stake in shares of Triple Flag Precious Metals in the second quarter valued at about $165,000. CIBC Asset Management Inc acquired a new stake in shares of Triple Flag Precious Metals in the second quarter valued at approximately $179,000. Finally, XTX Topco Ltd purchased a new position in shares of Triple Flag Precious Metals during the 3rd quarter worth $220,000. Institutional investors and hedge funds own 82.91% of the company’s stock.

Analyst Ratings Changes

Separately, Jefferies Financial Group raised their target price on 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. One investment analyst has rated the stock with a hold rating and three have issued a buy rating to the company’s stock. According to data from MarketBeat.com, Triple Flag Precious Metals currently has a consensus rating of “Moderate Buy” and a consensus target price of $20.50.

Triple Flag Precious Metals Stock Down 0.3 %

Shares of NYSE:TFPM opened at $16.15 on Wednesday. The firm has a market capitalization of $3.25 billion, a PE ratio of -62.12, a price-to-earnings-growth ratio of 0.86 and a beta of -0.18. Triple Flag Precious Metals Corp. has a 1 year low of $11.75 and a 1 year high of $18.88. The company has a debt-to-equity ratio of 0.02, a current ratio of 3.18 and a quick ratio of 3.05. The firm’s 50-day moving average is $16.86 and its two-hundred day moving average is $16.22.

Triple Flag Precious Metals (NYSE:TFPM) last announced its earnings results on Tuesday, November 5th. The company reported $0.15 earnings per share for the quarter, topping the consensus estimate 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 firm had revenue of $73.67 million for the quarter. During the same period in the previous year, the company earned $0.09 earnings per share. Analysts predict that Triple Flag Precious Metals Corp. will post 0.56 EPS for the current year.

Triple Flag Precious Metals Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, December 16th. Investors of record on Friday, November 29th were paid a dividend of $0.055 per share. The ex-dividend date of this dividend was Friday, November 29th. This represents a $0.22 dividend on an annualized basis and a dividend yield of 1.36%. Triple Flag Precious Metals’s payout ratio is -84.62%.

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.