2 weeks Ago By Defense World Staff
JPMorgan Chase & Co. raised its stake in shares of Sprott Inc. ( NYSE:SII – Free Report ) by 9.
9% during the 4th quarter, according to its most recent filing with the SEC. The firm owned 114,219 shares of the company’s stock after acquiring an additional 10,302 shares during the period. JPMorgan Chase & Co.
owned approximately 0.44% of Sprott worth $4,817,000 as of its most recent SEC filing. Several other large investors also recently added to or reduced their stakes in SII.
Sprott Inc. increased its stake in Sprott by 6.9% in the 4th quarter.
Sprott Inc. now owns 1,561,188 shares of the company’s stock worth $65,835,000 after buying an additional 100,585 shares in the last quarter. Tocqueville Asset Management L.
P. raised its holdings in Sprott by 81.8% during the 4th quarter.
Tocqueville Asset Management L.P. now owns 141,698 shares of the company’s stock valued at $5,975,000 after buying an additional 63,758 shares during the period.
Raymond James Financial Inc. bought a new stake in shares of Sprott during the fourth quarter worth $2,531,000. Horizon Kinetics Asset Management LLC increased its holdings in Sprott by 18.
9% during the 4th quarter. Horizon Kinetics Asset Management LLC now owns 192,466 shares of the company’s stock worth $8,116,000 after purchasing an additional 30,622 shares during the period. Finally, Intellus Advisors LLC bought a new stake in Sprott during the 4th quarter valued at $935,000.
28.30% of the stock is currently owned by institutional investors. Wall Street Analyst Weigh In A number of brokerages have recently weighed in on SII.
BMO Capital Markets began coverage on shares of Sprott in a report on Friday, March 7th. They set an “outperform” rating on the stock. Canaccord Genuity Group initiated coverage on Sprott in a report on Tuesday, January 21st.
They issued a “buy” rating on the stock. Sprott Stock Performance Shares of SII stock opened at $52.76 on Friday.
The stock has a 50 day simple moving average of $43.98 and a 200-day simple moving average of $43.72.
Sprott Inc. has a 12-month low of $38.41 and a 12-month high of $52.
99. The company has a current ratio of 3.30, a quick ratio of 3.
30 and a debt-to-equity ratio of 0.06. The company has a market cap of $1.
36 billion, a price-to-earnings ratio of 28.99 and a beta of 1.01.
Sprott ( NYSE:SII – Get Free Report ) last issued its earnings results on Wednesday, February 26th. The company reported $0.46 EPS for the quarter, beating analysts’ consensus estimates of $0.
34 by $0.12. Sprott had a net margin of 27.
38% and a return on equity of 15.02%. The business had revenue of $36.
80 million for the quarter, compared to the consensus estimate of $38.45 million. Sprott Dividend Announcement The company also recently declared a quarterly dividend, which was paid on Tuesday, March 25th.
Shareholders of record on Monday, March 10th were paid a dividend of $0.30 per share. This represents a $1.
20 dividend on an annualized basis and a yield of 2.27%. The ex-dividend date was Monday, March 10th.
Sprott’s payout ratio is currently 63.16%. About Sprott ( Free Report ) Sprott Inc is a publicly owned asset management holding company.
Through its subsidiaries, the firm provides asset management, portfolio management, wealth management, fund management, and administrative and consulting services to its clients. It offers mutual funds, hedge funds, and offshore funds, along with managed accounts. Further Reading Five stocks we like better than Sprott What is an Earnings Surprise? 3 Mid-Cap to Mega-Cap Stocks Have Announced Significant Buybacks Why Invest in High-Yield Dividend Stocks? These 3 Stocks Have Huge Last 12 Months Shareholder Yields What Are Dividend Achievers? An Introduction Prominent Hedge Fund Acquires Huge Stake in HPE: Is It a Buy Now? Want to see what other hedge funds are holding SII? Visit HoldingsChannel.
com to get the latest 13F filings and insider trades for Sprott Inc. ( NYSE:SII – Free Report ). Receive News & Ratings for Sprott Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sprott and related companies with MarketBeat.
com's FREE daily email newsletter ..
