Paul Brink Sells 3,445 Shares of Franco-Nevada Co. (TSE:FNV) Stock

Franco-Nevada Co. (TSE:FNV) (NYSE:FNV) Director Paul Brink sold 3,445 shares of Franco-Nevada stock in a transaction dated Thursday, March 21st. The stock was sold at an average price of C$158.93, for a total value of C$547,513.85.

Paul Brink also recently made the following trade(s):

• On Monday, March 25th, Paul Brink sold 2,315 shares of Franco-Nevada stock. The shares were sold at an average price of C$157.33, for a total value of C$364,221.50.

Franco-Nevada Stock Performance

Franco-Nevada stock opened at C$159.13 on Thursday. The stock’s 50 day moving average price is C$148.37 and its 200 day moving average price is C$160.20. The firm has a market capitalization of C$30.58 billion, a PE ratio of -48.08, a price-to-earnings-growth ratio of 5.00 and a beta of 0.59. The company has a debt-to-equity ratio of 1.63, a quick ratio of 23.26 and a current ratio of 41.21. Franco-Nevada Co. has a one year low of C$139.19 and a one year high of C$217.70.

Franco-Nevada (TSE:FNV) (NYSE:FNV) last released its quarterly earnings results on Tuesday, March 5th. The company reported C$1.23 EPS for the quarter, topping the consensus estimate of C$1.07 by C$0.16. The firm had revenue of C$412.95 million for the quarter. Franco-Nevada had a negative return on equity of 7.65% and a negative net margin of 38.33%. As a group, sell-side analysts expect that Franco-Nevada Co. will post 4.038591 EPS for the current fiscal year.

Franco-Nevada Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, March 28th. Shareholders of record on Thursday, March 14th will be given a $0.477 dividend. This represents a $1.91 dividend on an annualized basis and a dividend yield of 1.20%. This is a positive change from Franco-Nevada’s previous quarterly dividend of $0.47. The ex-dividend date of this dividend is Wednesday, March 13th. Franco-Nevada’s dividend payout ratio is presently -58.91%.

Analyst Upgrades and Downgrades

FNV has been the subject of several recent analyst reports. Stifel Nicolaus lowered their price target on Franco-Nevada from C$186.00 to C$182.00 in a report on Friday, January 26th. National Bankshares lowered their price target on Franco-Nevada from C$172.50 to C$170.00 and set a “sector perform” rating for the company in a report on Thursday, March 7th. Canaccord Genuity Group lowered their price target on Franco-Nevada from C$170.00 to C$165.00 in a report on Wednesday, December 6th. BMO Capital Markets decreased their target price on Franco-Nevada from C$200.00 to C$195.00 in a report on Wednesday, March 6th. Finally, Scotiabank decreased their target price on Franco-Nevada from C$141.00 to C$139.00 and set a “sector perform” rating for the company in a report on Thursday, March 7th. Three analysts have rated the stock with a hold rating and four have issued a buy rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of C$189.46.

Franco-Nevada Company Profile

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.