A-Mark Precious Metals, Inc. (NASDAQ:AMRK) is Praetorian PR LLC's 3rd Largest Position

Praetorian PR LLC reduced its stake in A-Mark Precious Metals, Inc. (NASDAQ:AMRK - Free Report) by 29.6% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 950,000 shares of the company's stock after selling 400,000 shares during the quarter. A-Mark Precious Metals accounts for 10.5% of Praetorian PR LLC's portfolio, making the stock its 3rd largest position. Praetorian PR LLC owned approximately 4.13% of A-Mark Precious Metals worth $26,030,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also modified their holdings of AMRK. Rhumbline Advisers lifted its stake in A-Mark Precious Metals by 2.1% in the 4th quarter. Rhumbline Advisers now owns 29,814 shares of the company's stock valued at $817,000 after purchasing an additional 621 shares during the last quarter. Empowered Funds LLC increased its holdings in shares of A-Mark Precious Metals by 4.6% during the 4th quarter. Empowered Funds LLC now owns 17,640 shares of the company's stock worth $483,000 after acquiring an additional 782 shares during the last quarter. Coppell Advisory Solutions LLC raised its stake in A-Mark Precious Metals by 72.5% in the 4th quarter. Coppell Advisory Solutions LLC now owns 1,917 shares of the company's stock valued at $53,000 after acquiring an additional 806 shares during the period. Bard Associates Inc. lifted its holdings in A-Mark Precious Metals by 1.0% during the 4th quarter. Bard Associates Inc. now owns 94,344 shares of the company's stock valued at $2,585,000 after purchasing an additional 933 shares during the last quarter. Finally, SG Americas Securities LLC boosted its position in 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 during the period. 75.25% of the stock is currently owned by institutional investors.

A-Mark Precious Metals Stock Down 0.7 %

Shares of NASDAQ AMRK traded down $0.16 during trading on Monday, hitting $24.07. 324,019 shares of the company traded hands, compared to its average volume of 317,514. The company has a debt-to-equity ratio of 0.34, a quick ratio of 0.31 and a current ratio of 1.58. The business's fifty day moving average is $25.47 and its 200 day moving average is $28.36. The firm has a market capitalization of $554.07 million, a price-to-earnings ratio of 11.74 and a beta of 0.32. 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 data 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%. Equities research analysts predict that A-Mark Precious Metals, Inc. will post 2.11 earnings per share for the current fiscal year.

A-Mark Precious Metals Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, April 29th. Stockholders of record on Tuesday, April 15th were given a dividend of $0.20 per share. This represents a $0.80 annualized dividend and a dividend yield of 3.32%. The ex-dividend date of this dividend was Tuesday, April 15th. A-Mark Precious Metals's payout ratio is presently 39.02%.

Analysts Set New Price Targets

Several equities research analysts have issued reports on the stock. Northland Securities cut their price objective on shares of A-Mark Precious Metals from $40.00 to $36.00 and set a "market perform" rating for the company in a research report on Friday, February 7th. DA Davidson reiterated a "buy" rating and issued a $35.00 price objective on shares of A-Mark Precious Metals in a research note on Tuesday, March 11th. Finally, B. Riley lowered their target price on shares of A-Mark Precious Metals from $37.00 to $34.00 and set a "neutral" rating on the stock in a report on Tuesday, April 29th. Four equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company's stock. According to MarketBeat, the stock presently has an average rating of "Hold" and an average target price of $42.00.

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.