OneDigital Investment Advisors LLC Acquires New Shares in Sprott Inc. (NYSE:SII)

OneDigital Investment Advisors LLC purchased a new stake in shares of Sprott Inc. (NYSE:SII - Free Report) in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The fund purchased 31,406 shares of the company's stock, valued at approximately $1,409,000. OneDigital Investment Advisors LLC owned about 0.12% of Sprott at the end of the most recent reporting period.

Several other institutional investors have also made changes to their positions in the company. Man Group plc bought a new position in Sprott in the 4th quarter worth approximately $484,000. Intact Investment Management Inc. increased its position in Sprott by 92.8% in the 1st quarter. Intact Investment Management Inc. now owns 26,800 shares of the company's stock worth $1,201,000 after buying an additional 12,900 shares during the period. Millennium Management LLC increased its position in Sprott by 2,580.1% in the 4th quarter. Millennium Management LLC now owns 159,172 shares of the company's stock worth $6,709,000 after buying an additional 153,233 shares during the period. Harbour Capital Advisors LLC bought a new position in Sprott in the 1st quarter worth approximately $446,000. Finally, JPMorgan Chase & Co. increased its position in Sprott by 9.9% in the 4th quarter. JPMorgan Chase & Co. now owns 114,219 shares of the company's stock worth $4,817,000 after buying an additional 10,302 shares during the period. 28.30% of the stock is currently owned by institutional investors and hedge funds.

Sprott Stock Up 1.0%

NYSE SII traded up $0.71 during trading on Friday, hitting $70.94. The company's stock had a trading volume of 147,933 shares, compared to its average volume of 136,203. Sprott Inc. has a 52 week low of $38.41 and a 52 week high of $71.09. The firm has a market cap of $1.83 billion, a P/E ratio of 36.95 and a beta of 1.04. The firm has a 50 day moving average price of $61.75 and a 200 day moving average price of $50.34.

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

Sprott Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, June 4th. Shareholders of record on Tuesday, May 20th were paid a $0.30 dividend. This represents a $1.20 dividend on an annualized basis and a yield of 1.69%. The ex-dividend date of this dividend was 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.