Sprott Inc. (NYSE:SII - Get Free Report) reached a new 52-week high during trading on Monday . The company traded as high as $69.98 and last traded at $69.80, with a volume of 74660 shares trading hands. The stock had previously closed at $68.39.
Sprott Trading Up 0.3%
The stock's 50 day moving average price is $59.97 and its 200 day moving average price is $49.49. The company has a market cap of $1.81 billion, a price-to-earnings ratio of 36.51 and a beta of 1.04.
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, beating analysts' consensus estimates of $0.32 by $0.14. Sprott had a net margin of 27.53% and a return on equity of 15.34%. The company had revenue of $37.38 million during the quarter, compared to the consensus estimate of $40.48 million.
Sprott Dividend Announcement
The business also recently disclosed a quarterly dividend, which was paid on Wednesday, June 4th. Stockholders of record on Tuesday, May 20th were paid a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a dividend yield of 1.71%. The ex-dividend date was Tuesday, May 20th. Sprott's dividend payout ratio is currently 62.50%.
Institutional Inflows and Outflows
A number of institutional investors and hedge funds have recently modified their holdings of the stock. Rialto Wealth Management LLC acquired a new stake in Sprott during the 4th quarter worth approximately $27,000. Jones Financial Companies Lllp increased 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 purchasing an additional 745 shares in the last quarter. Tacita Capital Inc acquired a new stake in Sprott during the 1st quarter worth approximately $35,000. US Bancorp DE increased 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 purchasing an additional 300 shares in the last quarter. Finally, Deutsche Bank AG increased its position in Sprott by 100.7% during the 4th quarter. Deutsche Bank AG now owns 2,164 shares of the company's stock worth $91,000 after purchasing an additional 1,086 shares in the last quarter. Institutional investors and hedge funds own 28.30% of the company's stock.
Sprott Company Profile
(
Get Free Report)
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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