8 hours Ago By Defense World Staff
Raymond James Financial Inc. purchased a new position in Sprott Inc. ( NYSE:SII – Free Report ) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission.
The institutional investor purchased 60,027 shares of the company’s stock, valued at approximately $2,531,000. Raymond James Financial Inc. owned approximately 0.
23% of Sprott at the end of the most recent reporting period. Other institutional investors have also modified their holdings of the company. Kohmann Bosshard Financial Services LLC bought a new position in Sprott in the fourth quarter valued at approximately $25,000.
Rialto Wealth Management LLC bought a new stake in shares of Sprott in the fourth quarter valued at about $27,000. Jones Financial Companies Lllp grew its holdings in shares of Sprott by 919.8% during the fourth quarter.
Jones Financial Companies Lllp now owns 826 shares of the company’s stock worth $35,000 after buying an additional 745 shares in the last quarter. US Bancorp DE raised its position in 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 buying an additional 300 shares during the last quarter. Finally, SG Americas Securities LLC bought a new stake in Sprott in the 4th quarter valued at approximately $145,000. Institutional investors own 28.
30% of the company’s stock. Wall Street Analyst Weigh In A number of analysts have recently issued reports on SII shares. Canaccord Genuity Group started coverage on shares of Sprott in a report on Tuesday, January 21st.
They issued a “buy” rating on the stock. BMO Capital Markets initiated coverage on shares of Sprott in a research note on Friday, March 7th. They issued an “outperform” rating on the stock.
Sprott Trading Down 1.1 % Shares of Sprott stock opened at $52.01 on Wednesday.
The stock has a market cap of $1.34 billion, a P/E ratio of 28.57 and a beta of 1.
01. The company has a quick ratio of 3.30, a current 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 $54.82.
The business’s 50 day moving average is $45.29 and its 200-day moving average is $44.11.
Sprott ( NYSE:SII – Get Free Report ) last announced its quarterly 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. The firm had revenue of $36.
80 million during the quarter, compared to analysts’ expectations of $38.45 million. Sprott had a net margin of 27.
38% and a return on equity of 15.02%. Sprott Dividend Announcement The firm also recently declared a quarterly dividend, which was paid on Tuesday, March 25th.
Shareholders of record on Monday, March 10th were given a dividend of $0.30 per share. This represents a $1.
20 dividend on an annualized basis and a yield of 2.31%. The ex-dividend date of this dividend was Monday, March 10th.
Sprott’s dividend payout ratio (DPR) is presently 63.16%. Sprott Company 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. See Also Five stocks we like better than Sprott 3 Small Caps With Big Return Potential Don’t Be Fooled by the Bounce: The Market Storm Isn’t Over Yet Market Cap Calculator: How to Calculate Market Cap Coca-Cola Company Stock Can Bubble to New Highs This Year Should You Invest in Penny Stocks? 3 Stocks Lifting 2025 Guidance Despite Market Jitters 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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