Sprott Inc. (NYSE:SII) Shares Acquired by Two Sigma Investments LP

Two Sigma Investments LP increased its position in Sprott Inc. (NYSE:SII - Free Report) by 116.3% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 81,506 shares of the company's stock after purchasing an additional 43,821 shares during the quarter. Two Sigma Investments LP owned approximately 0.32% of Sprott worth $3,437,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Kohmann Bosshard Financial Services LLC bought a new stake in Sprott during the 4th quarter valued at $25,000. Rialto Wealth Management LLC acquired a new stake in Sprott during the 4th quarter worth about $27,000. Jones Financial Companies Lllp lifted its position in Sprott by 919.8% during the 4th 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 period. US Bancorp DE lifted its position in Sprott by 40.3% during the 4th 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 period. Finally, Deutsche Bank AG raised its stake in shares of Sprott by 100.7% during the 4th quarter. Deutsche Bank AG now owns 2,164 shares of the company's stock valued at $91,000 after buying an additional 1,086 shares during the last quarter. Institutional investors own 28.30% of the company's stock.

Analyst Ratings Changes

Separately, BMO Capital Markets assumed coverage on Sprott in a research note on Friday, March 7th. They set an "outperform" rating for the company.

Sprott Price Performance

NYSE:SII traded down $0.03 during trading hours on Friday, hitting $58.01. 297,196 shares of the stock were exchanged, compared to its average volume of 129,263. Sprott Inc. has a 52-week low of $38.41 and a 52-week high of $59.14. The firm's fifty day moving average price is $50.91 and its 200 day moving average price is $45.76. The company has a current ratio of 3.30, a quick ratio of 3.30 and a debt-to-equity ratio of 0.06. The company has a market cap of $1.50 billion, a P/E ratio of 31.87 and a beta of 0.98.

Sprott (NYSE:SII - Get Free Report) last posted its quarterly earnings data on Wednesday, May 7th. The company reported $0.46 EPS for the quarter, topping the consensus estimate of $0.32 by $0.14. The company had revenue of $37.38 million during the quarter, compared to analyst estimates of $40.48 million. Sprott had a return on equity of 15.02% and a net margin of 27.38%.

Sprott Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, June 4th. Stockholders of record on Tuesday, May 20th will be given a dividend of $0.30 per share. The ex-dividend date of this dividend is Tuesday, May 20th. This represents a $1.20 annualized dividend and a dividend yield of 2.07%. Sprott's 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.