Sprott Inc. (NYSE:SII) Stock Holdings Decreased by Jane Street Group LLC

Jane Street Group LLC reduced its stake in shares of Sprott Inc. (NYSE:SII) by 81.5% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 6,589 shares of the company’s stock after selling 28,952 shares during the quarter. Jane Street Group LLC’s holdings in Sprott were worth $278,000 as of its most recent filing with the SEC.

Several other institutional investors have also made changes to their positions in the stock. Kohmann Bosshard Financial Services LLC acquired a new stake in Sprott in the fourth quarter valued at approximately $25,000. Rialto Wealth Management LLC acquired a new stake in Sprott in the fourth quarter valued at approximately $27,000. Jones Financial Companies Lllp lifted its stake in 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 acquiring an additional 745 shares during the last quarter. US Bancorp DE lifted its stake in 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 acquiring an additional 300 shares during the last quarter. Finally, SG Americas Securities LLC acquired a new stake in Sprott in the fourth quarter valued at approximately $145,000. 28.30% of the stock is currently owned by institutional investors and hedge funds.

Sprott Trading Up 1.2%

Shares of Sprott stock opened at $60.04 on Wednesday. The firm has a market capitalization of $1.55 billion, a PE ratio of 32.99 and a beta of 0.98. The company has a debt-to-equity ratio of 0.06, a current ratio of 3.30 and a quick ratio of 3.30. The company’s fifty day moving average price is $51.50 and its two-hundred day moving average price is $46.03. Sprott Inc. has a 52-week low of $38.41 and a 52-week high of $60.22.

Sprott (NYSE:SII) last issued its quarterly earnings results on Wednesday, May 7th. The company reported $0.46 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.32 by $0.14. Sprott had a net margin of 27.38% and a return on equity of 15.02%. The business had revenue of $37.38 million for the quarter, compared to the consensus estimate of $40.48 million.

Sprott Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, June 4th. Stockholders of record on Tuesday, May 20th will be paid a $0.30 dividend. The ex-dividend date of this dividend is Tuesday, May 20th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 2.00%. Sprott’s dividend payout ratio (DPR) is presently 62.50%.

Wall Street Analyst Weigh In

Separately, BMO Capital Markets started coverage on shares of Sprott in a research report on Friday, March 7th. They issued an “outperform” rating on the stock.

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.