Royal Gold Inc (NASDAQ:RGLD): Stock Institutional Investors Feel Good About

January 16, 2018 - By Marry Poplack

 Royal Gold Inc (NASDAQ:RGLD): Stock Institutional Investors  Feel Good About

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 improved, as 127 active investment managers opened new or increased equity positions, while 90 reduced and sold stock positions in Royal Gold Inc. The active investment managers in our partner’s database reported: 46.63 million shares, up from 45.52 million shares in 2017Q2. Also, the number of active investment managers holding Royal Gold Inc in their top 10 equity 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 $27.49 million 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 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. On Wednesday, June 28 the stock rating was maintained by BMO Capital Markets with “Buy”. BMO Capital Markets maintained it with “Buy” rating and $105.0 target in Sunday, October 1 report. The stock of Royal Gold, Inc. (NASDAQ:RGLD) has “Buy” rating given on Friday, December 11 by Gabelli. The firm has “Buy” rating by RBC Capital Markets given on Tuesday, September 19. FBR Capital maintained Royal Gold, Inc. (NASDAQ:RGLD) rating on Wednesday, August 16. FBR Capital has “Market Perform” rating and $85 target. On Friday, September 18 the stock rating was initiated by FBR Capital with “Outperform”. The stock of Royal Gold, Inc. (NASDAQ:RGLD) has “Buy” rating given on Monday, July 10 by RBC Capital Markets. The stock of Royal Gold, Inc. (NASDAQ:RGLD) has “Hold” rating given on Monday, January 15 by Scotia Capital. The stock of Royal Gold, Inc. (NASDAQ:RGLD) earned “Buy” rating by BMO Capital Markets on Tuesday, November 14. BMO Capital Markets maintained Royal Gold, Inc. (NASDAQ:RGLD) rating on Monday, December 18. BMO Capital Markets has “Buy” rating and $100.0 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 Businesswire.com with their article: “Royal Gold Receives Operational Update from Mount Milligan” published on December 27, 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: Nasdaq.com and their article: “Noteworthy Thursday Option Activity: RGLD, DDS, AMZN” published on December 28, 2017 as well as Fool.com‘s news article titled: “3 Myths About Investing in Gold” with publication date: January 04, 2018.

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