Jump Financial LLC Increases Stock Holdings in A-Mark Precious Metals, Inc. (NASDAQ:AMRK)

Jump Financial LLC raised its position in A-Mark Precious Metals, Inc. (NASDAQ:AMRK - Free Report) by 279.9% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 20,953 shares of the company's stock after buying an additional 15,438 shares during the period. Jump Financial LLC owned about 0.09% of A-Mark Precious Metals worth $574,000 at the end of the most recent quarter.

A number of other large investors have also modified their holdings of the company. Farther Finance Advisors LLC boosted its holdings in A-Mark Precious Metals by 446.6% in the 4th quarter. Farther Finance Advisors LLC now owns 2,252 shares of the company's stock worth $62,000 after buying an additional 1,840 shares during the last quarter. KLP Kapitalforvaltning AS acquired a new stake in shares of A-Mark Precious Metals in the fourth quarter worth approximately $200,000. SG Americas Securities LLC increased its position in shares of A-Mark Precious Metals by 14.5% during the fourth quarter. SG Americas Securities LLC now owns 7,511 shares of the company's stock worth $206,000 after purchasing an additional 949 shares in the last quarter. Raymond James Financial Inc. acquired a new position in A-Mark Precious Metals in the 4th quarter valued at $237,000. Finally, Victory Capital Management Inc. lifted its holdings in A-Mark Precious Metals by 85.1% in the 4th quarter. Victory Capital Management Inc. now owns 9,456 shares of the company's stock valued at $259,000 after purchasing an additional 4,347 shares in the last quarter. Institutional investors and hedge funds own 75.25% of the company's stock.

A-Mark Precious Metals Trading Down 2.3 %

A-Mark Precious Metals stock traded down $0.56 during midday trading on Tuesday, hitting $23.80. 89,674 shares of the stock were exchanged, compared to its average volume of 321,770. The company has a current ratio of 1.58, a quick ratio of 0.31 and a debt-to-equity ratio of 0.34. The stock has a market capitalization of $547.74 million, a price-to-earnings ratio of 11.61 and a beta of 0.41. The stock's 50-day simple moving average is $25.69 and its 200 day simple moving average is $28.87. A-Mark Precious Metals, Inc. has a fifty-two week low of $20.60 and a fifty-two week high of $47.39.

A-Mark Precious Metals (NASDAQ:AMRK - Get Free Report) last released its quarterly earnings results on Thursday, February 6th. The company reported $0.55 EPS for the quarter, missing the consensus estimate of $0.65 by ($0.10). A-Mark Precious Metals had a net margin of 0.46% and a return on equity of 9.29%. On average, equities analysts anticipate that A-Mark Precious Metals, Inc. will post 2.11 EPS for the current year.

A-Mark Precious Metals Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, April 29th. Stockholders of record on Tuesday, April 15th will be issued a dividend of $0.20 per share. This represents a $0.80 dividend on an annualized basis and a dividend yield of 3.36%. The ex-dividend date of this dividend is Tuesday, April 15th. A-Mark Precious Metals's dividend payout ratio is presently 39.02%.

Analyst Ratings Changes

AMRK has been the subject of a number of recent research reports. DA Davidson reiterated a "buy" rating and issued a $35.00 target price on shares of A-Mark Precious Metals in a research report on Tuesday, March 11th. Northland Securities decreased their target price on shares of A-Mark Precious Metals from $40.00 to $36.00 and set a "market perform" rating on the stock in a research note on Friday, February 7th. Four equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the company. According to MarketBeat, the company has an average rating of "Hold" and a consensus price target of $41.75.

A-Mark Precious Metals Profile

A-Mark Precious Metals, Inc, together with its subsidiaries, operates as a precious metals trading company. It operates through three segments: Wholesale Sales & Ancillary Services, Direct-to-Consumer, and Secured Lending. The Wholesale Sales & Ancillary Services segment sells gold, silver, platinum, and palladium in the form of bars, plates, powders, wafers, grains, ingots, and coins.