Intellus Advisors LLC Buys New Holdings in Sprott Inc. (NYSE:SII)

Intellus Advisors LLC purchased a new stake in Sprott Inc. (NYSE:SII - Free Report) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 22,180 shares of the company's stock, valued at approximately $935,000. Intellus Advisors LLC owned 0.09% of Sprott at the end of the most recent quarter.

Several other large investors have also added to or reduced their stakes in SII. Caprock Group LLC increased its position in Sprott by 3.3% in the fourth quarter. Caprock Group LLC now owns 7,358 shares of the company's stock worth $310,000 after buying an additional 233 shares during the last quarter. US Bancorp DE increased its stake in shares of Sprott by 40.3% in the fourth quarter. US Bancorp DE now owns 1,044 shares of the company's stock worth $44,000 after purchasing an additional 300 shares in the last quarter. Kohmann Bosshard Financial Services LLC purchased a new stake in shares of Sprott during the 4th quarter valued at approximately $25,000. Rialto Wealth Management LLC bought a new position in Sprott in the 4th quarter worth approximately $27,000. Finally, Jones Financial Companies Lllp boosted its holdings in Sprott by 919.8% in the 4th quarter. Jones Financial Companies Lllp now owns 826 shares of the company's stock worth $35,000 after buying an additional 745 shares during the period. Institutional investors own 28.30% of the company's stock.

Sprott Price Performance

NYSE SII traded down $0.04 on Wednesday, hitting $44.56. The stock had a trading volume of 81,216 shares, compared to its average volume of 103,910. The firm has a 50-day moving average of $43.13 and a 200-day moving average of $43.33. 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 52-week low of $35.81 and a 52-week high of $48.00. The company has a market capitalization of $1.15 billion, a price-to-earnings ratio of 24.48 and a beta of 1.08.

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

Sprott Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, March 25th. Investors of record on Monday, March 10th were paid a $0.30 dividend. The ex-dividend date was Monday, March 10th. This represents a $1.20 dividend on an annualized basis and a yield of 2.69%. Sprott's dividend payout ratio is presently 63.16%.

Analysts Set New Price Targets

Several equities research analysts have issued reports on the company. BMO Capital Markets initiated coverage on Sprott in a research report on Friday, March 7th. They set an "outperform" rating on the stock. Canaccord Genuity Group started coverage on 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.