Williams Jones Wealth Management LLC. purchased a new stake in Sprott Inc. (NYSE:SII – Get Rating) in the first quarter, according to the company in its most recent filing with the SEC. The firm purchased 26,543 shares of the company’s stock, valued at approximately $1,334,000. Williams Jones Wealth Management LLC. owned approximately 0.10% of Sprott as of its most recent SEC filing.
A number of other large investors have also made changes to their positions in SII. Wilbanks Smith & Thomas Asset Management LLC purchased a new position in shares of Sprott in the 1st quarter valued at about $230,000. D.A. Davidson & CO. purchased a new position in shares of Sprott in the 1st quarter valued at about $252,000. Advisor Group Holdings Inc. increased its holdings in shares of Sprott by 20.0% in the 1st quarter. Advisor Group Holdings Inc. now owns 7,236 shares of the company’s stock valued at $337,000 after purchasing an additional 1,205 shares in the last quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors purchased a new position in shares of Sprott in the 1st quarter valued at about $394,000. Finally, Kestra Advisory Services LLC increased its holdings in shares of Sprott by 75.2% in the 1st quarter. Kestra Advisory Services LLC now owns 8,520 shares of the company’s stock valued at $428,000 after purchasing an additional 3,657 shares in the last quarter. Hedge funds and other institutional investors own 28.28% of the company’s stock.
Sprott Stock Performance
NYSE:SII opened at $39.05 on Monday. The company has a current ratio of 2.94, a quick ratio of 2.94 and a debt-to-equity ratio of 0.16. The firm has a 50-day moving average price of $36.23 and a two-hundred day moving average price of $40.63. Sprott Inc. has a twelve month low of $32.03 and a twelve month high of $57.00. The company has a market capitalization of $1.01 billion, a P/E ratio of 37.91 and a beta of 1.08.
Sprott Announces Dividend
The firm also recently announced a quarterly dividend, which was paid on Monday, August 29th. Shareholders of record on Friday, August 12th were issued a dividend of $0.25 per share. The ex-dividend date of this dividend was Thursday, August 11th. This represents a $1.00 annualized dividend and a yield of 2.56%. Sprott’s dividend payout ratio (DPR) is currently 97.09%.
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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