St James Investment Company Llc sold 16,389 shares as Franco Nevada Corp (FNV)'s stock rose 8.53%. The firm owned 8,315 shares of the basic materials company's stock after selling 251 shares during the period. Hexavest Inc. boosted its stake in shares of Franco-Nevada Corporation by 50.7% in the second quarter.
Several other equities analysts have also recently weighed in on the company. This is a positive change from Franco Nevada Corp's previous quarterly dividend of $0.21.
Company shares last traded at $77.66 a great deal higher than $72.65, the 50 day moving average and significantly higher than the 200 day moving average of $69.09. Envestnet Asset Management Inc. boosted its position in Franco-Nevada Corporation by 224.6% in the fourth quarter. Shell Asset Management has an ownership of 152,459 stocks of the basic materials firms shares valued at $13,282,000 after scooping up an extra 13,513 shares through out the quarter. The stock of Franco Nevada Corp (NYSE:FNV) has "Buy" rating given on Tuesday, November 15 by Canaccord Genuity. Vanguard Group Inc. now owns 4,076,074 shares of the basic materials company's stock valued at $267,023,000 after buying an additional 189,705 shares in the last quarter. The value of the total investment in Franco-Nevada Corporation went from $18,714,000 to $25,489,000 a change of 36.2% quarter over quarter. Similar statistics are true for the second largest owner, Van Eck Associates Corp, which owns 10,773,637 shares of the stock are valued at $783.24 million. The firm has a market capitalization of $17.96 billion and a P/E ratio of 126.23. Franco-Nevada Corporation has a 52 week low of $53.31 and a 52 week high of $80.00. Charles Schwab Corp (SCHW) has risen 32.11% since August 10, 2016 and is uptrending. In the last earnings report the EPS was $0.78 and is expected to be $0.98 for the current year with 182,399,000 shares presently outstanding. The business had revenue of $163.60 million for the quarter, compared to analyst estimates of $164.62 million.More news: Attack 'could be threat to the survival of Japan'
11/09/2016 - Franco-Nevada Corporation had its "buy" rating reiterated by analysts at Desjardins. The business's revenue was up 8.8% compared to the same quarter a year ago. On average, equities research analysts predict that Franco-Nevada Corporation will post $0.98 earnings per share for the current year.
The company also recently declared a quarterly dividend, which will be paid on Thursday, September 28th. Shareholders of record on Thursday, September 14th will be given a $0.23 dividend. The dividend was $0.220 per share for the quarter or $0.88 on an annualized basis. The ex-dividend date is Wednesday, September 13th. Franco-Nevada Corporation's payout ratio is 119.48%.
The stock of Franco Nevada Corp (NYSE:FNV) is a huge mover today! If you are accessing this report on another website, it was copied illegally and reposted in violation of USA and worldwide copyright & trademark legislation.More news: US Rep. Adams hopes Trump's North Korea comments 'not an ego thing'
In other Franco Nevada Corp news, insider Jason O'connell sold 5,753 shares of the company's stock in a transaction that occurred on Monday, June 26th. Finally, Scotiabank boosted their price target on Franco Nevada Corp to C$99.00 and gave the company a "sector perform" rating in a research note on Thursday, May 11th. BidaskClub cut shares of Franco-Nevada Corporation from a "strong-buy" rating to a "buy" rating in a research note on Wednesday, July 5th. The stock has "Hold" rating by Deutsche Bank on Friday, December 11. Eight analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company. Geneva Advisors LLC now owns 16,270 shares of the basic materials company's stock valued at $1,066,000 after buying an additional 1,615 shares during the period.
Addenda Capital Inc decreased Franco Nevada Corp (FNV) stake by 5.25% reported in 2016Q4 SEC filing. It also has interests in silver ores; platinum group metals, including palladium; other minerals comprising base metals, iron ore, coal, and industrial and miscellaneous minerals; and oil and gas properties.More news: Trump tells Calvo he's behind Guam "1000%"
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