2 weeks Ago By ABMN Staff
JPMorgan Chase & Co. raised its position in shares of Sprott Inc. ( NYSE:SII – Free Report ) by 9.
9% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (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.
’s holdings in Sprott were worth $4,817,000 as of its most recent SEC filing. Other hedge funds have also made changes to their positions in the company. Kohmann Bosshard Financial Services LLC acquired a new stake in Sprott in the 4th quarter valued at $25,000.
Rialto Wealth Management LLC acquired a new position in Sprott in the 4th quarter worth $27,000. Jones Financial Companies Lllp increased its holdings in Sprott by 919.8% during the 4th quarter.
Jones Financial Companies Lllp now owns 826 shares of the company’s stock worth $35,000 after purchasing an additional 745 shares in the last quarter. US Bancorp DE raised its stake in shares of Sprott by 40.3% in the 4th quarter.
US Bancorp DE now owns 1,044 shares of the company’s stock valued at $44,000 after purchasing an additional 300 shares during the period. Finally, SG Americas Securities LLC bought a new stake in shares of Sprott in the fourth quarter valued at about $145,000. Institutional investors own 28.
30% of the company’s stock. Sprott Stock Performance NYSE SII opened at $52.76 on Friday.
The company has a market cap of $1.36 billion, a P/E ratio of 28.99 and a beta of 1.
01. The company has a fifty day simple moving average of $43.98 and a 200 day simple moving average of $43.
72. The company has a current ratio of 3.30, a quick ratio of 3.
30 and a debt-to-equity ratio of 0.06. Sprott Inc.
has a 12-month low of $38.41 and a 12-month high of $52.99.
Sprott Dividend Announcement The business also recently declared a quarterly dividend, which was paid on Tuesday, March 25th. Investors of record on Monday, March 10th were issued a dividend of $0.30 per share.
The ex-dividend date of this dividend was Monday, March 10th. This represents a $1.20 annualized dividend and a yield of 2.
27%. Sprott’s dividend payout ratio (DPR) is currently 63.16%.
Wall Street Analyst Weigh In Several research firms have issued reports on SII. Canaccord Genuity Group initiated coverage on shares of Sprott in a research report on Tuesday, January 21st. They set a “buy” rating on the stock.
BMO Capital Markets began coverage on Sprott in a research note on Friday, March 7th. They set an “outperform” rating for the company. Read Our Latest Stock Analysis on Sprott 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 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.
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