U.S. Global Investors, Inc. $GROW Shares Bought by CWA Asset Management Group LLC

CWA Asset Management Group LLC raised its holdings in shares of U.S. Global Investors, Inc. (NASDAQ:GROW) by 66.4% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 421,390 shares of the asset manager’s stock after buying an additional 168,176 shares during the quarter. CWA Asset Management Group LLC owned about 3.25% of U.S. Global Investors worth $1,016,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of GROW. Susquehanna International Group LLP lifted its stake in shares of U.S. Global Investors by 108.2% in the third quarter. Susquehanna International Group LLP now owns 94,036 shares of the asset manager’s stock worth $259,000 after buying an additional 48,871 shares in the last quarter. MAI Capital Management acquired a new position in U.S. Global Investors during the third quarter worth about $102,000. Gator Capital Management LLC grew its stake in U.S. Global Investors by 5.5% during the 2nd quarter. Gator Capital Management LLC now owns 684,223 shares of the asset manager’s stock valued at $1,779,000 after acquiring an additional 35,472 shares in the last quarter. Samalin Investment Counsel LLC purchased a new stake in U.S. Global Investors during the 3rd quarter valued at about $92,000. Finally, Citadel Advisors LLC raised its holdings in U.S. Global Investors by 52.1% in the 3rd quarter. Citadel Advisors LLC now owns 43,625 shares of the asset manager’s stock valued at $120,000 after acquiring an additional 14,938 shares during the last quarter. 23.62% of the stock is currently owned by institutional investors and hedge funds.

U.S. Global Investors Stock Up 3.5%

Shares of NASDAQ:GROW opened at $2.99 on Tuesday. U.S. Global Investors, Inc. has a 52-week low of $2.02 and a 52-week high of $3.65. The stock has a market cap of $38.75 million, a P/E ratio of -299,000.00 and a beta of 0.60. The business has a fifty day moving average of $3.10 and a two-hundred day moving average of $2.71.

U.S. Global Investors (NASDAQ:GROW) last posted its quarterly earnings results on Friday, February 20th. The asset manager reported ($0.07) EPS for the quarter. The company had revenue of $2.51 million for the quarter. U.S. Global Investors had a return on equity of 0.22% and a net margin of 1.11%.

U.S. Global Investors Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Monday, June 29th. Shareholders of record on Monday, June 15th will be paid a dividend of $0.0075 per share. The ex-dividend date of this dividend is Monday, June 15th. This represents a c) dividend on an annualized basis and a yield of 3.0%.

Analyst Ratings Changes

Separately, Weiss Ratings reissued a “hold (c)” rating on shares of U.S. Global Investors in a research note on Monday, December 29th. One research analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, the stock presently has an average rating of “Hold”.

About U.S. Global Investors

U.S. Global Investors, Inc is an independent asset management firm that specializes in natural resource and global equity investing. The company focuses on sectors such as precious metals, energy, agriculture and emerging markets, seeking long-term capital appreciation for individual and institutional investors. Its investment strategies are built around thematic, research-driven approaches that aim to capture opportunities across commodity cycles and global economic trends.

The firm offers a range of investment products, including open-end mutual funds, closed-end funds, exchange-traded funds and separately managed accounts.