Praetorian PR LLC Decreases Stock Holdings in Sprott Inc. (NYSE:SII)

Praetorian PR LLC lessened its holdings in shares of Sprott Inc. (NYSE:SII - Free Report) by 4.3% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 550,000 shares of the company's stock after selling 25,000 shares during the quarter. Sprott comprises 9.3% of Praetorian PR LLC's portfolio, making the stock its 5th biggest holding. Praetorian PR LLC owned 2.13% of Sprott worth $23,194,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Caprock Group LLC grew its holdings in Sprott by 3.3% during the 4th quarter. Caprock Group LLC now owns 7,358 shares of the company's stock valued at $310,000 after buying an additional 233 shares in the last quarter. US Bancorp DE grew 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 valued at $44,000 after purchasing an additional 300 shares in the last quarter. LPL Financial LLC increased its position in Sprott by 1.2% in the fourth quarter. LPL Financial LLC now owns 32,040 shares of the company's stock worth $1,351,000 after purchasing an additional 392 shares during the last quarter. The Manufacturers Life Insurance Company raised its stake 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. Finally, Kohmann Bosshard Financial Services LLC purchased a new stake in Sprott during the fourth quarter valued at $25,000. Institutional investors own 28.30% of the company's stock.

Analyst Upgrades and Downgrades

A number of equities research analysts recently issued reports on the stock. BMO Capital Markets assumed coverage on shares of Sprott in a research note on Friday, March 7th. They set an "outperform" rating on the stock. Canaccord Genuity Group assumed coverage on shares of Sprott in a research note on Tuesday, January 21st. They set a "buy" rating on the stock.

Sprott Price Performance

Sprott stock opened at $51.82 on Friday. The company has a market cap of $1.34 billion, a price-to-earnings ratio of 28.47 and a beta of 1.01. The firm's fifty day moving average is $45.64 and its 200 day moving average is $44.22. The company has a quick ratio of 3.30, a current ratio of 3.30 and a debt-to-equity ratio of 0.06. Sprott Inc. has a 52-week low of $38.41 and a 52-week high of $54.82.

Sprott (NYSE:SII - Get Free Report) last announced its earnings results on Wednesday, February 26th. The company reported $0.46 earnings per share for the quarter, beating the consensus estimate of $0.34 by $0.12. Sprott had a net margin of 27.38% and a return on equity of 15.02%. The business had revenue of $36.80 million for the quarter, compared to the consensus estimate of $38.45 million.

Sprott Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, March 25th. Stockholders of record on Monday, March 10th were paid a $0.30 dividend. This represents a $1.20 annualized dividend and a dividend yield of 2.32%. The ex-dividend date was Monday, March 10th. Sprott's dividend payout ratio is currently 63.16%.

Sprott 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.

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