BNP Paribas Financial Markets Invests $869,000 in Sprott Inc. (NYSE:SII)

BNP Paribas Financial Markets purchased a new position in Sprott Inc. (NYSE:SII - Free Report) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 20,611 shares of the company's stock, valued at approximately $869,000. BNP Paribas Financial Markets owned about 0.08% of Sprott as of its most recent SEC filing.

A number of other institutional investors also recently bought and sold shares of the stock. Barclays PLC increased its stake in shares of Sprott by 7,753.4% during the third quarter. Barclays PLC now owns 4,555 shares of the company's stock valued at $197,000 after buying an additional 4,497 shares during the period. SG Americas Securities LLC purchased a new position in Sprott during the 4th quarter valued at about $145,000. Caprock Group LLC raised its holdings in shares of Sprott by 3.3% in the 4th quarter. Caprock Group LLC now owns 7,358 shares of the company's stock valued at $310,000 after purchasing an additional 233 shares in the last quarter. Essex Financial Services Inc. purchased a new stake in shares of Sprott in the 4th quarter worth approximately $219,000. Finally, Meixler Investment Management Ltd. bought a new position in shares of Sprott during the fourth quarter valued at approximately $273,000. 28.30% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Separately, BMO Capital Markets began coverage on shares of Sprott in a research note on Friday, March 7th. They issued an "outperform" rating for the company.

Sprott Stock Performance

NYSE:SII traded up $0.35 during midday trading on Tuesday, hitting $58.18. The company's stock had a trading volume of 141,642 shares, compared to its average volume of 128,630. Sprott Inc. has a fifty-two week low of $38.41 and a fifty-two week high of $58.51. 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 firm has a market cap of $1.50 billion, a P/E ratio of 31.97 and a beta of 0.98. The firm's 50 day moving average is $50.08 and its 200-day moving average is $45.46.

Sprott (NYSE:SII - Get Free Report) last released its quarterly earnings data on Wednesday, May 7th. The company reported $0.46 EPS for the quarter, beating the consensus estimate of $0.32 by $0.14. Sprott had a net margin of 27.38% and a return on equity of 15.02%. The business had revenue of $37.38 million for the quarter, compared to the consensus estimate of $40.48 million.

Sprott Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, June 4th. Shareholders of record on Tuesday, May 20th will be given a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a yield of 2.06%. The ex-dividend date is Tuesday, May 20th. Sprott's dividend payout ratio is currently 62.50%.

Sprott Profile

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.