Royal Gold Inc (NASDAQ:RGLD) Shifting Institutional Investors Sentiment

January 16, 2018 - By Darrin Black

 Royal Gold Inc (NASDAQ:RGLD) Shifting Institutional Investors Sentiment

Sentiment for Royal Gold Inc (NASDAQ:RGLD)

Royal Gold Inc (NASDAQ:RGLD) institutional sentiment increased to 1.41 in Q3 2017. Its up 0.03, from 1.38 in 2017Q2. The ratio has increased, as 127 institutional investors increased or started new positions, while 90 decreased and sold stakes in Royal Gold Inc. The institutional investors in our partner’s database now possess: 46.63 million shares, up from 45.52 million shares in 2017Q2. Also, the number of institutional investors holding Royal Gold Inc in their top 10 positions decreased from 5 to 4 for a decrease of 1. Sold All: 21 Reduced: 69 Increased: 85 New Position: 42.

Royal Gold, Inc., together with its subsidiaries, acquires and manages precious metal streams, royalties, and similar interests. The company has market cap of $5.60 billion. It focuses on acquiring stream and royalty interests or to finance projects that are in production or in development stage in exchange for stream or royalty interests. It has a 55.92 P/E ratio. As of June 30, 2017, the firm owned stream interests in 4 producing property and 2 development stage properties; and owned royalty interests in 35 producing properties, 18 development stage properties, and 135 exploration stage properties.

The stock increased 0.99% or $0.84 during the last trading session, reaching $85.56. About 296,971 shares traded. Royal Gold, Inc. (NASDAQ:RGLD) has risen 42.70% since January 16, 2017 and is uptrending. It has outperformed by 26.00% the S&P500.

Analysts await Royal Gold, Inc. (NASDAQ:RGLD) to report earnings on February, 7. They expect $0.42 EPS, up 16.67 % or $0.06 from last year’s $0.36 per share. RGLD’s profit will be $27.49M for 50.93 P/E if the $0.42 EPS becomes a reality. After $0.44 actual EPS reported by Royal Gold, Inc. for the previous quarter, Wall Street now forecasts -4.55 % negative EPS growth.

Asa Gold & Precious Metals Ltd holds 9.76% of its portfolio in Royal Gold, Inc. for 190,000 shares. St. James Investment Company Llc owns 889,365 shares or 8.61% of their US portfolio. Moreover, Kopernik Global Investors Llc has 6.27% invested in the company for 348,495 shares. The Nebraska-based America First Investment Advisors Llc has invested 4.67% in the stock. Pring Turner Capital Group Inc, a California-based fund reported 40,660 shares.#img1#

Since January 1, 0001, it had 0 insider purchases, and 9 insider sales for $7.19 million activity.

Royal Gold, Inc. (NASDAQ:RGLD) Ratings Coverage

Ratings analysis reveals 58% of Royal Gold Inc.’s analysts are positive. Out of 12 Wall Street analysts rating Royal Gold Inc., 7 give it “Buy”, 0 “Sell” rating, while 5 recommend “Hold”. The lowest target is $25 while the high is $114.0. The stock’s average target of $79.42 is -7.18% below today’s ($85.56) share price. RGLD was included in 46 notes of analysts from August 6, 2015. The firm has “Buy” rating given on Tuesday, November 14 by BMO Capital Markets. The rating was upgraded by Canaccord Genuity on Thursday, August 6 to “Buy”. The stock has “Buy” rating by BMO Capital Markets on Monday, December 18. RBC Capital Markets maintained Royal Gold, Inc. (NASDAQ:RGLD) rating on Sunday, December 3. RBC Capital Markets has “Buy” rating and $95.0 target. National Bank Canada upgraded Royal Gold, Inc. (NASDAQ:RGLD) rating on Wednesday, July 6. National Bank Canada has “Outperform” rating and $85 target. The rating was maintained by BMO Capital Markets with “Buy” on Sunday, October 1. The firm has “Mkt Perform” rating given on Wednesday, July 20 by FBR Capital. The stock of Royal Gold, Inc. (NASDAQ:RGLD) earned “Market Perform” rating by FBR Capital on Wednesday, August 16. As per Friday, August 12, the company rating was maintained by FBR Capital. Scotia Capital maintained Royal Gold, Inc. (NASDAQ:RGLD) rating on Monday, January 15. Scotia Capital has “Hold” rating and $90.0 target.

More notable recent Royal Gold, Inc. (NASDAQ:RGLD) news were published by: Fool.com which released: “Why 2017 Was a Year to Remember for Royal Gold, Inc.” on December 30, 2017, also Nasdaq.com with their article: “Noteworthy Thursday Option Activity: RGLD, DDS, AMZN” published on December 28, 2017, Nasdaq.com published: “Royal Gold Inc. (RGLD) Is Falling After Operations Suspended At Mount Milligan” on December 28, 2017. More interesting news about Royal Gold, Inc. (NASDAQ:RGLD) were released by: Fool.com and their article: “3 Myths About Investing in Gold” published on January 04, 2018 as well as Businesswire.com‘s news article titled: “Royal Gold Provides Update on its Fiscal 2018 Second Quarter” with publication date: January 09, 2018.

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