<div id="readability-page-1"><p>Pacer Advisors Inc. trimmed its position in shares of  Royal Gold, Inc. (NASDAQ:RGLD - Free Report) <span>TSE: RGL<span></span></span> by 9.5% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 187,345 shares of the basic materials company's stock after selling 19,765 shares during the period. Pacer Advisors Inc. owned 0.28% of Royal Gold worth $37,578,000 at the end of the most recent reporting period.</p><ul><li>The Best Way to Invest in Gold Is...</li></ul><p>Other large investors have also made changes to their positions in the company. AQR Capital Management LLC grew its position in shares of  Royal Gold by 8.2% during the second quarter. AQR Capital Management LLC now owns 1,820,435 shares of the basic materials company's stock valued at $319,140,000 after purchasing an additional 137,524 shares in the last quarter.  Geode Capital Management LLC raised its holdings in  Royal Gold by 3.6% during the 2nd quarter. Geode Capital Management LLC now owns 1,751,136 shares of the basic materials company's stock valued at $311,457,000 after buying an additional 61,352 shares during the period.  Invesco Ltd. boosted its stake in shares of  Royal Gold by 19.5% during the 2nd quarter. Invesco Ltd. now owns 928,332 shares of the basic materials company's stock worth $165,095,000 after purchasing an additional 151,492 shares during the period.  Arrowstreet Capital Limited Partnership grew its position in  Royal Gold by 52.3% in the 2nd quarter. Arrowstreet Capital Limited Partnership now owns 833,181 shares of the basic materials company's stock valued at $148,173,000 after acquiring an additional 286,268 shares during the last quarter.  Finally, Swedbank AB lifted its holdings in  Royal Gold by 35.0% during the 3rd quarter. Swedbank AB now owns 424,129 shares of the basic materials company's stock valued at $85,072,000 after buying an additional 109,981 shares in the last quarter. 83.65% of the stock is currently owned by hedge funds and other institutional investors. </p><h2>Royal Gold Stock Up 0.1%</h2><p>Shares of RGLD opened at $233.32 on Friday. Royal Gold, Inc. has a 52-week low of $130.67 and a 52-week high of $235.52. The company has a quick ratio of 2.68, a current ratio of 2.89 and a debt-to-equity ratio of 0.23. The stock has a fifty day simple moving average of $197.22 and a two-hundred day simple moving average of $184.46. The company has a market capitalization of $19.69 billion, a PE ratio of 32.05, a price-to-earnings-growth ratio of 0.89 and a beta of 0.48. </p><ul><li>BHP Stock: The Under-the-Radar Growth Story in Commodities</li></ul><p>Royal Gold (NASDAQ:RGLD - Get Free Report) <span>TSE: RGL<span></span></span> last issued its quarterly earnings data on Wednesday, November 5th. The basic materials company reported $2.06 earnings per share for the quarter, missing the consensus estimate of $2.30 by ($0.24). The business had revenue of $250.23 million during the quarter, compared to analysts' expectations of $275.11 million. Royal Gold had a return on equity of 14.14% and a net margin of 55.99%.The company's revenue was up 30.1% on a year-over-year basis. During the same quarter in the previous year, the company posted $1.47 earnings per share.  As a group, equities analysts forecast that  Royal Gold, Inc. will post 6.2 EPS for the current year. </p><h2>Royal Gold Increases Dividend</h2><p>The company also recently disclosed a quarterly dividend, which will be paid on Friday, January 16th. Investors of record on Friday, January 2nd will be issued a $0.475 dividend. The ex-dividend date is Friday, January 2nd. This represents a $1.90 annualized dividend and a dividend yield of 0.8%. This is a boost from Royal Gold's previous quarterly dividend of $0.45. Royal Gold's dividend payout ratio (DPR) is presently 24.73%. </p><h2>Wall Street Analysts Forecast Growth</h2><ul><li>Gold vs. Silver: Which Is the Better Investment in the New Cycle?</li></ul><p>A number of brokerages have weighed in on RGLD. Zacks Research lowered Royal Gold from a &#34;strong-buy&#34; rating to a &#34;hold&#34; rating in a research report on Friday, December 19th. Weiss Ratings  reiterated a &#34;buy (b)&#34; rating on shares of Royal Gold in a research note on Wednesday, October 8th. TD Cowen increased their price objective on Royal Gold from $261.00 to $263.00 and gave the company a &#34;buy&#34; rating in a report on Tuesday, November 18th. Raymond James Financial  set a $264.00 target price on shares of Royal Gold in a research report on Thursday, November 6th. Finally, BMO Capital Markets  set a $240.00 price target on Royal Gold and gave the company an &#34;outperform&#34; rating in a research note on Tuesday, October 21st. Eight research analysts have rated the stock with a Buy rating, two have issued  a Hold rating and one  has issued  a Sell rating to the stock. Based on data from MarketBeat, Royal Gold  has an average rating of &#34;Moderate Buy&#34; and a consensus price target of $234.60.</p><p><b>Read Our Latest Research Report on RGLD</b></p><h2>Royal Gold Company Profile</h2> (Free Report)<p>Royal Gold, Inc, headquartered in Denver, Colorado, is a leading precious metals streaming and royalty company. Through its business model, Royal Gold provides upfront financing to mining operators in exchange for the right to purchase a percentage of future metal production at predetermined prices. This structure allows the company to participate in production upside while minimizing exposure to the operating and capital-intensive aspects of mine ownership.  </p><p>The company's portfolio encompasses interests in over 200 streams and royalties on projects across North America, South America, Europe, Africa and Australia.</p><h2>Further Reading</h2><ul><li>Five stocks we like better than Royal Gold</li><li>Do not delete, read immediately</li><li>INVESTOR ALERT: Tiny “$3 AI Wonder Stock” on the Verge of Blasting Off</li><li>Can Any Expenses Be Deducted From Capital Gains Tax?</li><li>Do you know what Amazon is planning for January 1?</li><li>Buffett, Gates and Bezos Quietly Dumping Stocks—Here's Why</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9UkdMRA?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9UkdMRA"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Royal Gold Right Now?</h2><p>Before you consider Royal Gold, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Royal Gold wasn't on the list.</p><p>While Royal Gold currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

RGLD

<p>Pacer Advisors Inc. reduced its stake in Royal Gold, Inc. by 9.5% in Q3, owning 0.28% of the company worth $37.58M. Other investors adjusted their positions, with AQR Capital Management increasing its stake by 8.2%. Royal Gold's stock opened at $233.32, with a 52-week range of $130.67-$235.52. Analysts have mixed ratings, with TD Cowen raising its price target to $263.00.</p>

Pacer Advisors Inc. Lowers Stake in Royal Gold, Inc. $RGLD