Fidelis Capital Partners LLC Invests $247,000 in Sprott Inc. (NYSE:SII)

Fidelis Capital Partners LLC purchased a new position in Sprott Inc. (NYSE:SII - Free Report) in the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 5,500 shares of the company's stock, valued at approximately $247,000.

Several other large investors also recently modified their holdings of the business. Jones Financial Companies Lllp boosted its position 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 during the period. US Bancorp DE boosted its position in shares of Sprott by 40.3% during the fourth quarter. US Bancorp DE now owns 1,044 shares of the company's stock worth $44,000 after buying an additional 300 shares during the period. Deutsche Bank AG boosted its position in shares of Sprott by 100.7% during the fourth quarter. Deutsche Bank AG now owns 2,164 shares of the company's stock worth $91,000 after buying an additional 1,086 shares during the period. Quantbot Technologies LP boosted its position in shares of Sprott by 135.7% during the fourth quarter. Quantbot Technologies LP now owns 4,269 shares of the company's stock worth $180,000 after buying an additional 2,458 shares during the period. Finally, HighTower Advisors LLC acquired a new position in shares of Sprott during the fourth quarter worth about $228,000. 28.30% of the stock is currently owned by institutional investors.

Sprott Trading Up 1.0%

Shares of SII stock traded up $0.71 on Friday, hitting $70.94. 147,933 shares of the stock were exchanged, compared to its average volume of 136,375. The firm has a market capitalization of $1.83 billion, a P/E ratio of 36.95 and a beta of 1.04. The business has a 50-day moving average of $61.75 and a 200 day moving average of $50.40. Sprott Inc. has a fifty-two week low of $38.41 and a fifty-two week high of $71.11.

Sprott (NYSE:SII - Get Free Report) last posted its quarterly earnings results on Wednesday, May 7th. The company reported $0.46 earnings per share for the quarter, beating analysts' consensus estimates of $0.32 by $0.14. The firm had revenue of $37.38 million during the quarter, compared to the consensus estimate of $40.48 million. Sprott had a return on equity of 15.34% and a net margin of 27.53%.

Sprott Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, June 4th. Shareholders of record on Tuesday, May 20th were paid a $0.30 dividend. The ex-dividend date was Tuesday, May 20th. This represents a $1.20 dividend on an annualized basis and a yield of 1.69%. Sprott's dividend payout ratio is 62.50%.

About Sprott

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.