<div id="readability-page-1"><p>Amiral Gestion bought a new position in shares of  Franco-Nevada Corporation (NYSE:FNV - Free Report) <span>TSE: FNV<span></span></span> in the 3rd quarter, according to its most recent 13F filing with the SEC. The fund bought 16,000 shares of the basic materials company's stock, valued at approximately $3,567,000. Franco-Nevada accounts for approximately  1.3% of Amiral Gestion's holdings, making the stock its 17th biggest holding.</p><div><p><span></span><span>Get <strong>Franco-Nevada</strong> alerts:</span></p></div><ul><li>The Best Way to Invest in Gold Is...</li></ul><p>A number of other hedge funds have also modified their holdings of FNV. MTM Investment Management LLC bought a new position in  Franco-Nevada during the 2nd quarter worth approximately $32,000.  Smartleaf Asset Management LLC boosted its position in shares of  Franco-Nevada by 600.0% during the second quarter. Smartleaf Asset Management LLC now owns 196 shares of the basic materials company's stock worth $32,000 after purchasing an additional 168 shares in the last quarter.  Golden State Wealth Management LLC grew its holdings in shares of  Franco-Nevada by 78.3% in the 2nd quarter. Golden State Wealth Management LLC now owns 205 shares of the basic materials company's stock valued at $34,000 after buying an additional 90 shares during the period.  CENTRAL TRUST Co grew its holdings in shares of  Franco-Nevada by 590.9% in the 2nd quarter. CENTRAL TRUST Co now owns 228 shares of the basic materials company's stock valued at $37,000 after buying an additional 195 shares during the period.  Finally, Opal Wealth Advisors LLC bought a new stake in shares of  Franco-Nevada in the 2nd quarter valued at $57,000. 77.06% of the stock is currently owned by institutional investors and hedge funds. </p><h2>Franco-Nevada Price Performance</h2><p>Shares of NYSE FNV opened at $208.87 on Friday. The business has a 50-day moving average of $199.40 and a 200-day moving average of $186.89. The stock has a market capitalization of $40.27 billion, a price-to-earnings ratio of 43.79, a PEG ratio of 1.61 and a beta of 0.46. Franco-Nevada Corporation has a fifty-two week low of $114.81 and a fifty-two week high of $225.63. </p><ul><li>Gold Rush: Exploring 5 Sector Giants Amidst Soaring Prices</li></ul><p>Franco-Nevada (NYSE:FNV - Get Free Report) <span>TSE: FNV<span></span></span> last released its earnings results on Monday, November 3rd. The basic materials company reported $1.43 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.37 by $0.06. The business had revenue of $487.70 million for the quarter, compared to analyst estimates of $448.51 million. Franco-Nevada had a return on equity of 13.94% and a net margin of 59.48%.Franco-Nevada's revenue was up 76.9% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.80 earnings per share.  On average, sell-side analysts expect that  Franco-Nevada Corporation will post 3.09 EPS for the current year. </p><h2>Franco-Nevada Dividend Announcement</h2><p>The company also recently disclosed a quarterly dividend, which was paid on Thursday, December 18th. Stockholders of record on Thursday, December 4th were paid a dividend of $0.38 per share. The ex-dividend date was Thursday, December 4th. This represents a $1.52 annualized dividend and a dividend yield of 0.7%. Franco-Nevada's payout ratio is currently 31.87%. </p><h2>Wall Street Analyst Weigh In</h2><ul><li>Have investors struck gold with Newmont's 4.7% yield?</li></ul><p>FNV has been the topic of several recent analyst reports. HC Wainwright lifted their target price on Franco-Nevada from $200.00 to $210.00 and gave the stock a &#34;buy&#34; rating in a report on Tuesday, November 4th. Bank of America boosted their price objective on shares of Franco-Nevada from $211.00 to $220.00 and gave the company a &#34;neutral&#34; rating in a research report on Thursday, October 16th. Raymond James Financial increased their target price on Franco-Nevada from $218.00 to $234.00 and gave the stock an &#34;outperform&#34; rating in a report on Friday, October 10th. Royal Bank Of Canada raised Franco-Nevada from a &#34;sector perform&#34; rating to an &#34;outperform&#34; rating and lifted their price target for the company from $225.00 to $250.00 in a research note on Wednesday, December 10th. Finally, UBS Group upped their price objective on Franco-Nevada from $260.00 to $270.00 and gave the stock a &#34;buy&#34; rating in a research report on Monday, December 1st. One research analyst  has rated the stock with a Strong Buy rating, seven have given a Buy rating and six have given a Hold rating to the company. According to data from MarketBeat, the stock presently has an average rating of &#34;Moderate Buy&#34; and an average price target of $232.75.</p><p><b>Check Out Our Latest Stock Analysis on FNV</b></p><h2>Franco-Nevada Profile</h2> (Free Report)<p>Franco-Nevada Corporation operates as a gold-focused royalty and streaming company in South America, Central America, Mexico, the United States, Canada, and internationally. It operates through Mining and Energy segments. The company manages its portfolio with a focus on precious metals, such as gold, silver, and platinum group metals; and engages in the sale of crude oil, natural gas, and natural gas liquids through a third-party marketing agent.</p><h2>Featured Articles</h2><ul><li>Five stocks we like better than Franco-Nevada</li><li>Canadian Penny Stocks: Can They Make You Rich? </li><li>Broadcom Stock Crashes 20%—But Wall Street Sees It Soaring to $500</li><li>What Are Some of the Best Large-Cap Stocks to Buy?</li><li>Forget the Chips: 4 Industrial Plays for the AI Rebound</li><li>Best of the list of Dividend Aristocrats: Build wealth with the aristocrat index</li><li>MongoDB Could Hit Record Highs—But You’ll Need to Move Fast</li></ul><p><strong>Want to see what other hedge funds are holding FNV?</strong> Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Franco-Nevada Corporation (NYSE:FNV - Free Report) <span>TSE: FNV<span></span></span>.</p><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPUZOVg?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-UHJlZml4PU5ZU0UmU3ltYm9sPUZOVg"/></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 Franco-Nevada Right Now?</h2><p>Before you consider Franco-Nevada, 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 Franco-Nevada wasn't on the list.</p><p>While Franco-Nevada 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>

<p>Amiral Gestion acquired 16,000 shares of Franco-Nevada Corporation (NYSE:FNV) in the 3rd quarter, valued at approximately $3,567,000. This makes Franco-Nevada 1.3% of Amiral Gestion's holdings. Other hedge funds also modified their holdings of FNV. The stock opened at $208.87 on Friday with a market cap of $40.27 billion. Franco-Nevada reported $1.43 EPS for the quarter, beating estimates. The company announced a quarterly dividend of $0.38 per share. Analysts have given the stock a "Moderate Buy" rating with an average price target of $232.75.</p>

Amiral Gestion Buys Shares of 16,000 Franco-Nevada Corporation $FNV