Crawford Fund Management LLC Has $4.30 Million Stake in Sprott Inc. (NYSE:SII)

Crawford Fund Management LLC boosted its stake in Sprott Inc. (NYSE:SII) by 11.7% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 99,139 shares of the company’s stock after buying an additional 10,400 shares during the quarter. Sprott makes up about 0.9% of Crawford Fund Management LLC’s investment portfolio, making the stock its 18th largest position. Crawford Fund Management LLC’s holdings in Sprott were worth $4,296,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds also recently bought and sold shares of the company. Lazard Asset Management LLC acquired a new position in shares of Sprott during the first quarter valued at $39,000. Mather Group LLC. lifted its stake in shares of Sprott by 107.1% during the second quarter. Mather Group LLC. now owns 874 shares of the company’s stock valued at $36,000 after acquiring an additional 452 shares during the period. SG Americas Securities LLC bought a new stake in Sprott in the second quarter valued at about $170,000. ORG Partners LLC bought a new stake in Sprott in the second quarter valued at about $153,000. Finally, Raymond James & Associates increased its holdings in Sprott by 5.9% in the second quarter. Raymond James & Associates now owns 72,987 shares of the company’s stock valued at $3,021,000 after purchasing an additional 4,095 shares during the last quarter. Institutional investors and hedge funds own 28.30% of the company’s stock.

Sprott Stock Up 1.2 %

Shares of Sprott stock opened at $43.78 on Friday. Sprott Inc. has a 1 year low of $31.28 and a 1 year high of $48.00. The business has a 50-day moving average of $44.31 and a two-hundred day moving average of $43.24. The company has a market capitalization of $1.13 billion, a P/E ratio of 24.05 and a beta of 1.09. The company has a debt-to-equity ratio of 0.06, a current ratio of 3.30 and a quick ratio of 3.30.

Sprott Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, December 3rd. Investors of record on Monday, November 18th will be given a dividend of $0.30 per share. The ex-dividend date of this dividend is Monday, November 18th. This is a boost from Sprott’s previous quarterly dividend of $0.25. This represents a $1.20 annualized dividend and a yield of 2.74%. Sprott’s dividend payout ratio is 65.93%.

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.