SG Americas Securities LLC Has $365,000 Stock Holdings in Sprott Inc. (NYSE:SII)

SG Americas Securities LLC lifted its holdings in shares of Sprott Inc. (NYSE:SII - Free Report) by 137.1% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 8,138 shares of the company's stock after purchasing an additional 4,706 shares during the quarter. SG Americas Securities LLC's holdings in Sprott were worth $365,000 as of its most recent SEC filing.

Other hedge funds also recently made changes to their positions in the company. Kohmann Bosshard Financial Services LLC bought a new position in shares of Sprott during the fourth quarter worth approximately $25,000. Rialto Wealth Management LLC bought a new position in shares of Sprott during the fourth quarter worth approximately $27,000. Jones Financial Companies Lllp increased 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 purchasing an additional 745 shares during the period. US Bancorp DE increased its holdings 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 purchasing an additional 300 shares during the period. Finally, Deutsche Bank AG increased its holdings 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 purchasing an additional 1,086 shares during the period. 28.30% of the stock is owned by institutional investors.

Sprott Stock Performance

Shares of NYSE SII traded down $0.64 during trading hours on Friday, hitting $67.07. 111,238 shares of the stock were exchanged, compared to its average volume of 134,598. The company has a market cap of $1.73 billion, a PE ratio of 34.93 and a beta of 1.00. The company's fifty day simple moving average is $58.32 and its two-hundred day simple moving average is $48.58. Sprott Inc. has a 1-year low of $38.41 and a 1-year high of $68.60.

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

Sprott Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, June 4th. Investors of record on Tuesday, May 20th were given a dividend of $0.30 per share. The ex-dividend date of this dividend was Tuesday, May 20th. This represents a $1.20 annualized dividend and a dividend yield of 1.79%. Sprott's dividend payout ratio is 62.50%.

Wall Street Analyst Weigh In

Separately, BMO Capital Markets started coverage on shares of Sprott in a report on Friday, March 7th. They set an "outperform" rating on the stock.

Sprott Company 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.