Clean Energy Transition LLP Has $8.20 Million Position in Sprott Inc. (NYSE:SII)

Clean Energy Transition LLP boosted its holdings in shares of Sprott Inc. (NYSE:SII - Free Report) by 110.6% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 194,372 shares of the company's stock after buying an additional 102,064 shares during the quarter. Sprott makes up approximately 0.3% of Clean Energy Transition LLP's investment portfolio, making the stock its 14th largest position. Clean Energy Transition LLP owned approximately 0.75% of Sprott worth $8,197,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. Point72 Asset Management L.P. boosted its holdings in shares of Sprott by 1,685.7% during the third quarter. Point72 Asset Management L.P. now owns 12,500 shares of the company's stock worth $541,000 after acquiring an additional 11,800 shares during the period. XTX Topco Ltd bought a new stake in Sprott in the 3rd quarter valued at $254,000. Public Employees Retirement System of Ohio acquired a new position in Sprott in the 3rd quarter valued at $612,000. Barclays PLC increased its position in Sprott by 7,753.4% during the 3rd quarter. Barclays PLC now owns 4,555 shares of the company's stock worth $197,000 after buying an additional 4,497 shares during the period. Finally, Geode Capital Management LLC lifted its holdings in shares of Sprott by 73.7% during the third quarter. Geode Capital Management LLC now owns 33,962 shares of the company's stock worth $1,817,000 after buying an additional 14,409 shares in the last quarter. Institutional investors own 28.30% of the company's stock.

Sprott Price Performance

Shares of NYSE SII traded up $2.88 during mid-day trading on Wednesday, reaching $51.99. The company had a trading volume of 320,978 shares, compared to its average volume of 130,470. The business's 50-day simple moving average is $43.46 and its 200 day simple moving average is $43.54. The firm has a market cap of $1.34 billion, a price-to-earnings ratio of 28.57 and a beta of 1.01. The company has a debt-to-equity ratio of 0.06, a quick ratio of 3.30 and a current ratio of 3.30. Sprott Inc. has a one year low of $38.41 and a one year high of $52.32.

Sprott (NYSE:SII - Get Free Report) last posted its quarterly earnings results on Wednesday, February 26th. The company reported $0.46 EPS for the quarter, topping analysts' consensus estimates of $0.34 by $0.12. Sprott had a return on equity of 15.02% and a net margin of 27.38%. The company had revenue of $36.80 million during the quarter, compared to analysts' expectations of $38.45 million.

Sprott Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, March 25th. Stockholders of record on Monday, March 10th were paid a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a dividend yield of 2.31%. The ex-dividend date was Monday, March 10th. Sprott's payout ratio is 63.16%.

Analyst Ratings Changes

Several research firms recently commented on SII. BMO Capital Markets began coverage on shares of Sprott in a research note on Friday, March 7th. They issued an "outperform" rating on the stock. Canaccord Genuity Group began coverage on shares of Sprott in a report on Tuesday, January 21st. They set a "buy" rating on the stock.

About Sprott

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.