Regal Partners Ltd Buys 22,566 Shares of Sprott Inc. (NYSE:SII)

Regal Partners Ltd boosted its position in Sprott Inc. (NYSE:SII - Free Report) by 34.0% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 88,944 shares of the company's stock after acquiring an additional 22,566 shares during the period. Regal Partners Ltd owned 0.34% of Sprott worth $3,751,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of the business. Kohmann Bosshard Financial Services LLC bought a new stake in shares of Sprott in the fourth quarter valued at about $25,000. Rialto Wealth Management LLC acquired a new stake in shares of Sprott in the fourth quarter valued at approximately $27,000. Jones Financial Companies Lllp increased 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 valued at $35,000 after purchasing an additional 745 shares during the last quarter. US Bancorp DE raised its holdings in Sprott by 40.3% in the 4th quarter. US Bancorp DE now owns 1,044 shares of the company's stock valued at $44,000 after acquiring an additional 300 shares during the period. Finally, SG Americas Securities LLC bought a new position in shares of Sprott during the fourth quarter worth approximately $145,000. Institutional investors and hedge funds own 28.30% of the company's stock.

Wall Street Analyst Weigh In

Several brokerages have recently commented on SII. Canaccord Genuity Group started coverage on shares of Sprott in a report on Tuesday, January 21st. They set a "buy" rating on the stock. BMO Capital Markets initiated coverage on Sprott in a research report on Friday, March 7th. They set an "outperform" rating for the company.

Sprott Trading Up 1.2 %

SII traded up $0.61 during trading on Monday, reaching $51.96. 64,689 shares of the company's stock were exchanged, compared to its average volume of 128,778. 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 Inc. has a one year low of $38.41 and a one year high of $54.82. The stock has a market capitalization of $1.34 billion, a PE ratio of 28.49 and a beta of 0.98. The firm has a fifty day moving average price of $45.82 and a two-hundred day moving average price of $44.25.

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

Sprott Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, March 25th. Shareholders of record on Monday, March 10th were given a $0.30 dividend. This represents a $1.20 dividend on an annualized basis and a yield of 2.31%. The ex-dividend date of this dividend was Monday, March 10th. Sprott's payout ratio is 63.16%.

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.