1 week Ago By ABMN Staff
Legal & General Group Plc reduced its stake in shares of Sprott Inc. ( NYSE:SII – Free Report ) by 13.3% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission.
The firm owned 21,718 shares of the company’s stock after selling 3,318 shares during the quarter. Legal & General Group Plc owned about 0.08% of Sprott worth $915,000 at the end of the most recent reporting period.
Several other institutional investors and hedge funds have also modified their holdings of SII. Barclays PLC raised its stake in shares of Sprott by 7,753.4% during the 3rd quarter.
Barclays PLC now owns 4,555 shares of the company’s stock worth $197,000 after purchasing an additional 4,497 shares in the last quarter. Geode Capital Management LLC raised its stake in shares of Sprott by 73.7% during the 3rd quarter.
Geode Capital Management LLC now owns 33,962 shares of the company’s stock worth $1,817,000 after purchasing an additional 14,409 shares in the last quarter. Franklin Resources Inc. bought a new stake in shares of Sprott during the 3rd quarter worth approximately $231,000.
JPMorgan Chase & Co. raised its stake in shares of Sprott by 5.2% during the 3rd quarter.
JPMorgan Chase & Co. now owns 103,917 shares of the company’s stock worth $4,501,000 after purchasing an additional 5,129 shares in the last quarter. Finally, SG Americas Securities LLC bought a new stake in shares of Sprott during the 4th quarter worth approximately $145,000.
28.30% of the stock is currently owned by institutional investors and hedge funds. Sprott Stock Performance Shares of NYSE SII opened at $52.
34 on Monday. The company has a debt-to-equity ratio of 0.06, a current ratio of 3.
30 and a quick ratio of 3.30. The stock’s fifty day moving average price is $44.
92 and its two-hundred day moving average price is $44.00. Sprott Inc.
has a one year low of $38.41 and a one year high of $54.82.
The firm has a market cap of $1.35 billion, a price-to-earnings ratio of 28.76 and a beta of 1.
01. Sprott Announces Dividend The company also recently disclosed a quarterly dividend, which was paid on Tuesday, March 25th. Investors of record on Monday, March 10th were given a dividend of $0.
30 per share. The ex-dividend date was Monday, March 10th. This represents a $1.
20 annualized dividend and a yield of 2.29%. Sprott’s dividend payout ratio is 63.
16%. Analysts Set New Price Targets A number of equities research analysts have recently issued reports on SII shares. BMO Capital Markets started coverage on Sprott in a research note on Friday, March 7th.
They set an “outperform” rating on the stock. Canaccord Genuity Group started coverage on Sprott in a research note on Tuesday, January 21st. They issued a “buy” rating on the stock.
Get Our Latest Report on Sprott Sprott Profile ( 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.
Read More 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 ).
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