Horizon Kinetics Asset Management LLC Sells 9,304 Shares of Triple Flag Precious Metals Corp. (NYSE:TFPM)

Horizon Kinetics Asset Management LLC lessened its position in Triple Flag Precious Metals Corp. (NYSE:TFPM) by 41.7% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 12,992 shares of the company’s stock after selling 9,304 shares during the period. Horizon Kinetics Asset Management LLC’s holdings in Triple Flag Precious Metals were worth $195,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the company. FMR LLC raised its holdings in shares of Triple Flag Precious Metals by 8.9% during the third 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 during the last quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp raised its holdings in shares of Triple Flag Precious Metals by 18.0% during the third quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp now owns 1,595,829 shares of the company’s stock valued at $25,838,000 after purchasing an additional 242,906 shares during the last quarter. Montrusco Bolton Investments Inc. raised its holdings in shares of Triple Flag Precious Metals by 9.0% during the third quarter. Montrusco Bolton Investments Inc. now owns 697,000 shares of the company’s stock valued at $11,299,000 after purchasing an additional 57,751 shares during the last quarter. Amundi purchased a new position in shares of Triple Flag Precious Metals during the fourth quarter valued at approximately $8,281,000. Finally, Tidal Investments LLC raised its holdings in shares of Triple Flag Precious Metals by 1.8% during the third quarter. Tidal Investments LLC now owns 533,520 shares of the company’s stock valued at $8,632,000 after purchasing an additional 9,184 shares during the last quarter. Institutional investors own 82.91% of the company’s stock.

Triple Flag Precious Metals Stock Down 0.1 %

TFPM opened at $18.92 on Tuesday. Triple Flag Precious Metals Corp. has a twelve month low of $13.31 and a twelve month high of $19.23. The stock has a market capitalization of $3.80 billion, a price-to-earnings ratio of -172.00, a PEG ratio of 0.78 and a beta of -0.08. The firm has a 50 day moving average price of $16.68 and a 200-day moving average price of $16.54.

Triple Flag Precious Metals (NYSE:TFPM) last issued its quarterly earnings data on Wednesday, February 19th. The company reported $0.18 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 firm had revenue of $74.21 million during the quarter, compared to the consensus estimate of $74.10 million. As a group, analysts expect that Triple Flag Precious Metals Corp. will post 0.71 earnings per share for the current year.

Triple Flag Precious Metals Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, March 14th. Stockholders of record on Monday, March 3rd were paid a $0.055 dividend. This represents a $0.22 annualized dividend and a dividend yield of 1.16%. The ex-dividend date of this dividend was Monday, March 3rd. Triple Flag Precious Metals’s dividend payout ratio (DPR) is currently -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.