EntryPoint Capital LLC Acquires Shares of 17,311 A-Mark Precious Metals, Inc. (NASDAQ:AMRK)

EntryPoint Capital LLC bought a new position in shares of A-Mark Precious Metals, Inc. (NASDAQ:AMRK - Free Report) during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund bought 17,311 shares of the company's stock, valued at approximately $474,000. EntryPoint Capital LLC owned about 0.07% of A-Mark Precious Metals as of its most recent SEC filing.

A number of other large investors have also modified their holdings of AMRK. Hobbs Group Advisors LLC acquired a new position in A-Mark Precious Metals during the third quarter worth about $26,000. Farther Finance Advisors LLC lifted its stake in A-Mark Precious Metals by 446.6% in the 4th quarter. Farther Finance Advisors LLC now owns 2,252 shares of the company's stock worth $62,000 after purchasing an additional 1,840 shares in the last quarter. KLP Kapitalforvaltning AS acquired a new position in shares of A-Mark Precious Metals during the 4th quarter worth approximately $200,000. SG Americas Securities LLC grew its position in shares of A-Mark Precious Metals by 14.5% in the fourth quarter. SG Americas Securities LLC now owns 7,511 shares of the company's stock valued at $206,000 after purchasing an additional 949 shares in the last quarter. Finally, Victory Capital Management Inc. acquired a new stake in shares of A-Mark Precious Metals in the third quarter valued at approximately $226,000. Hedge funds and other institutional investors own 75.25% of the company's stock.

A-Mark Precious Metals Stock Down 6.9 %

NASDAQ AMRK traded down $1.96 on Friday, hitting $26.45. 347,422 shares of the stock were exchanged, compared to its average volume of 349,636. A-Mark Precious Metals, Inc. has a fifty-two week low of $25.01 and a fifty-two week high of $47.39. The company has a 50-day moving average price of $27.68 and a 200-day moving average price of $32.11. The company has a market cap of $608.85 million, a PE ratio of 12.90 and a beta of 0.07. The company has a quick ratio of 0.31, a current ratio of 1.58 and a debt-to-equity ratio of 0.34.

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A-Mark Precious Metals (NASDAQ:AMRK - Get Free Report) last issued its earnings results on Thursday, February 6th. The company reported $0.55 EPS for the quarter, missing analysts' consensus estimates of $0.65 by ($0.10). A-Mark Precious Metals had a return on equity of 9.29% and a net margin of 0.46%. Sell-side analysts anticipate that A-Mark Precious Metals, Inc. will post 2.11 EPS for the current fiscal year.

A-Mark Precious Metals Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, January 28th. Stockholders of record on Tuesday, January 14th were given a dividend of $0.20 per share. This represents a $0.80 annualized dividend and a dividend yield of 3.02%. The ex-dividend date of this dividend was Tuesday, January 14th. A-Mark Precious Metals's dividend payout ratio (DPR) is presently 39.02%.

Wall Street Analysts Forecast Growth

Several research analysts have recently commented on the company. DA Davidson reiterated a "buy" rating and set a $35.00 price target on shares of A-Mark Precious Metals in a report on Tuesday, March 11th. StockNews.com raised shares of A-Mark Precious Metals from a "sell" rating to a "hold" rating in a research report on Thursday, December 19th. Finally, Northland Securities cut their price objective on A-Mark Precious Metals from $40.00 to $36.00 and set a "market perform" rating on the stock in a research report on Friday, February 7th. Four research analysts have rated the stock with a hold rating and two have given a buy rating to the stock. Based on data from MarketBeat.com, A-Mark Precious Metals has a consensus rating of "Hold" and a consensus target price of $41.75.

A-Mark Precious Metals Profile

A-Mark Precious Metals, Inc, together with its subsidiaries, operates as a precious metals trading company. It operates through three segments: Wholesale Sales & Ancillary Services, Direct-to-Consumer, and Secured Lending. The Wholesale Sales & Ancillary Services segment sells gold, silver, platinum, and palladium in the form of bars, plates, powders, wafers, grains, ingots, and coins.