Sprott Inc. (NYSE:SII) Shares Sold by Jane Street Group LLC

Jane Street Group LLC cut its position in shares of Sprott Inc. (NYSE:SII - Free Report) by 81.5% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 6,589 shares of the company's stock after selling 28,952 shares during the quarter. Jane Street Group LLC's holdings in Sprott were worth $278,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also recently bought and sold shares of SII. Kohmann Bosshard Financial Services LLC acquired a new position in Sprott during the fourth quarter worth $25,000. Rialto Wealth Management LLC acquired a new position in shares of Sprott in the fourth quarter worth $27,000. Jones Financial Companies Lllp raised its holdings in shares of Sprott by 919.8% in the fourth quarter. Jones Financial Companies Lllp now owns 826 shares of the company's stock worth $35,000 after acquiring an additional 745 shares during the last quarter. US Bancorp DE raised its holdings in shares of Sprott by 40.3% in the fourth quarter. US Bancorp DE now owns 1,044 shares of the company's stock worth $44,000 after acquiring an additional 300 shares during the last quarter. Finally, SG Americas Securities LLC acquired a new position in shares of Sprott in the fourth quarter worth $145,000. 28.30% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Separately, BMO Capital Markets started coverage on Sprott in a report on Friday, March 7th. They issued an "outperform" rating for the company.

Sprott Price Performance

Shares of NYSE SII traded down $0.05 during trading on Friday, reaching $61.93. The company had a trading volume of 162,326 shares, compared to its average volume of 131,211. Sprott Inc. has a twelve month low of $38.41 and a twelve month high of $62.81. The stock has a market capitalization of $1.60 billion, a PE ratio of 34.03 and a beta of 0.98. The stock has a 50-day moving average price of $52.52 and a two-hundred day moving average price of $46.39. The company has a current ratio of 3.30, a quick ratio of 3.30 and a debt-to-equity ratio of 0.06.

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, topping analysts' consensus estimates of $0.32 by $0.14. Sprott had a return on equity of 15.02% and a net margin of 27.38%. The company had revenue of $37.38 million during the quarter, compared to analysts' expectations of $40.48 million.

Sprott Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, June 4th. Stockholders of record on Tuesday, May 20th were given a $0.30 dividend. This represents a $1.20 dividend on an annualized basis and a dividend yield of 1.94%. The ex-dividend date was Tuesday, May 20th. Sprott's dividend payout ratio is currently 62.50%.

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.