Sprott Inc. (NYSE:SII) Shares Purchased by Russell Investments Group Ltd.

Russell Investments Group Ltd. increased its position in shares of Sprott Inc. (NYSE:SII – Get Rating) by 36.2% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 167,764 shares of the company’s stock after purchasing an additional 44,597 shares during the quarter. Russell Investments Group Ltd. owned 0.65% of Sprott worth $5,578,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Rockefeller Capital Management L.P. raised its holdings in Sprott by 103.0% during the third quarter. Rockefeller Capital Management L.P. now owns 1,021 shares of the company’s stock worth $34,000 after purchasing an additional 518 shares during the last quarter. Great West Life Assurance Co. Can raised its holdings in Sprott by 189.7% during the third quarter. Great West Life Assurance Co. Can now owns 3,555 shares of the company’s stock worth $119,000 after purchasing an additional 2,328 shares during the last quarter. UBS Group AG raised its holdings in Sprott by 146.9% during the third quarter. UBS Group AG now owns 3,877 shares of the company’s stock worth $129,000 after purchasing an additional 2,307 shares during the last quarter. Toronto Dominion Bank raised its holdings in Sprott by 58.4% during the third quarter. Toronto Dominion Bank now owns 5,308 shares of the company’s stock worth $178,000 after purchasing an additional 1,958 shares during the last quarter. Finally, Moors & Cabot Inc. acquired a new position in Sprott during the third quarter worth $226,000. 28.04% of the stock is owned by institutional investors and hedge funds.

Sprott Stock Performance

NYSE SII opened at $34.71 on Tuesday. Sprott Inc. has a fifty-two week low of $29.76 and a fifty-two week high of $41.96. The stock has a market cap of $900.00 million, a price-to-earnings ratio of 46.91 and a beta of 1.17. The business has a fifty day moving average of $35.72 and a 200-day moving average of $36.37. The company has a quick ratio of 2.99, a current ratio of 2.76 and a debt-to-equity ratio of 0.20.

Sprott (NYSE:SII – Get Rating) last released its quarterly earnings results on Friday, February 24th. The company reported $0.29 earnings per share for the quarter. Sprott had a return on equity of 6.75% and a net margin of 14.13%. The company had revenue of $30.99 million during the quarter.

Sprott Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, May 30th. Stockholders of record on Monday, May 15th will be issued a $0.25 dividend. The ex-dividend date is Friday, May 12th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 2.88%. Sprott’s dividend payout ratio (DPR) is 135.14%.

Sprott Company Profile

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Sprott, Inc provides investment advisory services. It operates through the following segments: Exchange Listed Products, Lending, Managed Equities, Brokerage, and Corporate. The Exchange Listed Products segment provides management services to the company’s closed-end physical trusts and exchange traded funds.