Sprott Inc. (NYSE:SII) Shares Acquired by WR Wealth Planners LLC

WR Wealth Planners LLC raised its holdings in shares of Sprott Inc. (NYSE:SII) by 11.9% in the 4th quarter, HoldingsChannel.com reports. The fund owned 7,990 shares of the company’s stock after buying an additional 850 shares during the quarter. WR Wealth Planners LLC’s holdings in Sprott were worth $337,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also bought and sold shares of SII. Capital Performance Advisors LLP acquired a new stake in Sprott during the 3rd quarter valued at approximately $32,000. Quantbot Technologies LP acquired a new position in shares of Sprott in the 3rd quarter valued at $78,000. Northwest & Ethical Investments L.P. acquired a new position in shares of Sprott in the 3rd quarter valued at $82,000. SG Americas Securities LLC acquired a new position in shares of Sprott in the 4th quarter valued at $145,000. Finally, Barclays PLC lifted its stake in shares of Sprott by 7,753.4% in the 3rd quarter. Barclays PLC now owns 4,555 shares of the company’s stock valued at $197,000 after purchasing an additional 4,497 shares during the period. 28.30% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Separately, Canaccord Genuity Group assumed coverage on shares of Sprott in a research note on Tuesday, January 21st. They issued a “buy” rating for the company.

Sprott Stock Performance

SII opened at $42.47 on Friday. 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 firm has a fifty day moving average price of $42.69 and a 200 day moving average price of $43.02. Sprott Inc. has a 1 year low of $34.51 and a 1 year high of $48.00. The stock has a market cap of $1.10 billion, a P/E ratio of 23.33 and a beta of 1.08.

Sprott (NYSE:SII) last posted its earnings results on Wednesday, February 26th. The company reported $0.46 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.34 by $0.12. The firm had revenue of $36.80 million during the quarter, compared to analysts’ expectations of $38.45 million. Sprott had a net margin of 27.38% and a return on equity of 15.02%.

Sprott Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, March 25th. Investors of record on Monday, March 10th will be issued a $0.30 dividend. This represents a $1.20 annualized dividend and a yield of 2.83%. The ex-dividend date of this dividend is Monday, March 10th. Sprott’s payout ratio is presently 63.16%.

Sprott Company 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.