Sentry Investment Management LLC decreased its holdings in Triple Flag Precious Metals Corp. (NYSE:TFPM – Free Report) by 14.0% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 25,434 shares of the company’s stock after selling 4,141 shares during the quarter. Sentry Investment Management LLC’s holdings in Triple Flag Precious Metals were worth $383,000 as of its most recent filing with the SEC.
Other large investors also recently modified their holdings of the company. Point72 Asset Management L.P. bought a new position in Triple Flag Precious Metals in the 3rd quarter valued at about $111,000. Drive Wealth Management LLC acquired a new stake in shares of Triple Flag Precious Metals in the 4th quarter worth approximately $175,000. XTX Topco Ltd bought a new position in shares of Triple Flag Precious Metals in the third quarter valued at approximately $220,000. Virtu Financial LLC boosted 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 valued at $244,000 after acquiring an additional 857 shares in the last quarter. Finally, Versor Investments LP increased its stake in shares of Triple Flag Precious Metals by 47.6% during the third quarter. Versor Investments LP now owns 15,204 shares of the company’s stock valued at $246,000 after acquiring an additional 4,904 shares during the period. 82.91% of the stock is owned by institutional investors and hedge funds.
Triple Flag Precious Metals Price Performance
TFPM opened at $17.25 on Wednesday. The business has a 50 day moving average price of $15.98 and a two-hundred day moving average price of $16.39. The company has a market capitalization of $3.47 billion, a price-to-earnings ratio of -156.82, a price-to-earnings-growth ratio of 0.78 and a beta of -0.08. Triple Flag Precious Metals Corp. has a 1-year low of $11.75 and a 1-year high of $18.88.
Triple Flag Precious Metals Dividend Announcement
The firm also recently declared a quarterly dividend, which will be paid on Friday, March 14th. Shareholders of record on Monday, March 3rd will be issued a $0.055 dividend. This represents a $0.22 dividend on an annualized basis and a yield of 1.28%. The ex-dividend date is Monday, March 3rd. Triple Flag Precious Metals’s payout ratio is -200.00%.
Triple Flag Precious Metals 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.
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