OneDigital Investment Advisors LLC Invests $1.41 Million in Sprott Inc. (NYSE:SII)

OneDigital Investment Advisors LLC acquired a new stake in shares of Sprott Inc. (NYSE:SII - Free Report) in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 31,406 shares of the company's stock, valued at approximately $1,409,000. OneDigital Investment Advisors LLC owned 0.12% of Sprott as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors also recently added to or reduced their stakes in the company. US Bancorp DE raised its position in Sprott by 40.3% during the fourth quarter. US Bancorp DE now owns 1,044 shares of the company's stock valued at $44,000 after purchasing an additional 300 shares in the last quarter. LPL Financial LLC raised its position in Sprott by 1.2% during the fourth quarter. LPL Financial LLC now owns 32,040 shares of the company's stock valued at $1,351,000 after purchasing an additional 392 shares in the last quarter. The Manufacturers Life Insurance Company raised its position in Sprott by 2.8% during the fourth quarter. The Manufacturers Life Insurance Company now owns 17,631 shares of the company's stock valued at $744,000 after purchasing an additional 476 shares in the last quarter. Essex Financial Services Inc. raised its position in Sprott by 9.2% during the first quarter. Essex Financial Services Inc. now owns 5,678 shares of the company's stock valued at $255,000 after purchasing an additional 477 shares in the last quarter. Finally, Rialto Wealth Management LLC purchased a new stake in Sprott during the fourth quarter valued at about $27,000. Institutional investors own 28.30% of the company's stock.

Sprott Price Performance

NYSE SII traded down $1.84 during trading hours on Tuesday, reaching $68.37. 180,770 shares of the stock traded hands, compared to its average volume of 161,598. The stock has a 50 day simple moving average of $60.32 and a two-hundred day simple moving average of $49.69. Sprott Inc. has a 1 year low of $38.41 and a 1 year high of $70.51. The company has a market cap of $1.76 billion, a price-to-earnings ratio of 35.61 and a beta of 1.04.

Sprott (NYSE:SII - Get Free Report) last released 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. Sprott had a return on equity of 15.34% and a net margin of 27.53%. 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 disclosed a quarterly dividend, which was paid on Wednesday, June 4th. Stockholders of record on Tuesday, May 20th were issued a $0.30 dividend. The ex-dividend date was Tuesday, May 20th. This represents a $1.20 annualized dividend and a dividend yield of 1.76%. Sprott's dividend payout ratio is currently 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.