Evergreen Capital Management LLC Buys 75,486 Shares of A-Mark Precious Metals, Inc. (NASDAQ:AMRK)

Evergreen Capital Management LLC lifted its stake in A-Mark Precious Metals, Inc. (NASDAQ:AMRK - Free Report) by 92.6% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 157,033 shares of the company's stock after acquiring an additional 75,486 shares during the period. Evergreen Capital Management LLC owned 0.68% of A-Mark Precious Metals worth $4,303,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. Geode Capital Management LLC lifted its holdings in A-Mark Precious Metals by 1.3% in the 4th quarter. Geode Capital Management LLC now owns 437,464 shares of the company's stock valued at $11,989,000 after acquiring an additional 5,672 shares during the last quarter. CWA Asset Management Group LLC lifted its stake in A-Mark Precious Metals by 38.6% during the fourth quarter. CWA Asset Management Group LLC now owns 368,393 shares of the company's stock valued at $10,094,000 after purchasing an additional 102,524 shares during the last quarter. Wedbush Securities Inc. boosted its holdings in A-Mark Precious Metals by 3.8% during the fourth quarter. Wedbush Securities Inc. now owns 275,864 shares of the company's stock worth $7,559,000 after buying an additional 10,121 shares in the last quarter. Invesco Ltd. grew its position in A-Mark Precious Metals by 47.2% in the fourth quarter. Invesco Ltd. now owns 237,830 shares of the company's stock worth $6,517,000 after buying an additional 76,301 shares during the last quarter. Finally, Bank of New York Mellon Corp increased its holdings in shares of A-Mark Precious Metals by 43.6% in the fourth quarter. Bank of New York Mellon Corp now owns 214,270 shares of the company's stock valued at $5,871,000 after buying an additional 65,014 shares in the last quarter. 75.25% of the stock is currently owned by institutional investors.

A-Mark Precious Metals Stock Up 2.5 %

A-Mark Precious Metals stock traded up $0.60 during trading hours on Tuesday, hitting $24.69. The company had a trading volume of 72,781 shares, compared to its average volume of 325,650. The firm's fifty day moving average is $25.99 and its 200-day moving average is $29.45. The firm has a market capitalization of $568.34 million, a P/E ratio of 12.04 and a beta of 0.41. A-Mark Precious Metals, Inc. has a fifty-two week low of $20.60 and a fifty-two week high of $47.39. The company has a debt-to-equity ratio of 0.34, a current ratio of 1.58 and a quick ratio of 0.31.

A-Mark Precious Metals (NASDAQ:AMRK - Get Free Report) last announced its quarterly earnings data on Thursday, February 6th. The company reported $0.55 earnings per share (EPS) for the quarter, missing the consensus estimate 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%. On average, research analysts forecast that A-Mark Precious Metals, Inc. will post 2.11 earnings per share for the current year.

A-Mark Precious Metals Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 29th. Investors of record on Tuesday, April 15th will be issued a $0.20 dividend. The ex-dividend date of this dividend is Tuesday, April 15th. This represents a $0.80 dividend on an annualized basis and a yield of 3.24%. A-Mark Precious Metals's dividend payout ratio is currently 39.02%.

Analysts Set New Price Targets

AMRK has been the topic of a number of recent research reports. DA Davidson restated a "buy" rating and issued a $35.00 target price on shares of A-Mark Precious Metals in a report on Tuesday, March 11th. Northland Securities decreased their price target on A-Mark Precious Metals from $40.00 to $36.00 and set a "market perform" rating for the company in a research report on Friday, February 7th. Four investment analysts have rated the stock with a hold rating and two have given a buy rating to the company. According to MarketBeat, the stock currently has an average rating of "Hold" and an average price target 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.