LSV Asset Management Has $4.64 Million Holdings in A-Mark Precious Metals, Inc. (NASDAQ:AMRK)

LSV Asset Management lessened its stake in A-Mark Precious Metals, Inc. (NASDAQ:AMRK - Free Report) by 25.4% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 143,228 shares of the company's stock after selling 48,877 shares during the period. LSV Asset Management owned 0.63% of A-Mark Precious Metals worth $4,636,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. SummerHaven Investment Management LLC boosted its stake in A-Mark Precious Metals by 2.1% in the second quarter. SummerHaven Investment Management LLC now owns 18,958 shares of the company's stock valued at $614,000 after acquiring an additional 391 shares during the last quarter. Riverwater Partners LLC boosted its position in shares of A-Mark Precious Metals by 10.6% in the 2nd quarter. Riverwater Partners LLC now owns 9,229 shares of the company's stock worth $299,000 after purchasing an additional 881 shares during the last quarter. nVerses Capital LLC acquired a new stake in shares of A-Mark Precious Metals during the second quarter worth $45,000. New York State Common Retirement Fund increased its holdings in A-Mark Precious Metals by 49.2% in the fourth quarter. New York State Common Retirement Fund now owns 10,368 shares of the company's stock valued at $314,000 after purchasing an additional 3,417 shares during the last quarter. Finally, Quantbot Technologies LP lifted its stake in A-Mark Precious Metals by 192.5% in the first quarter. Quantbot Technologies LP now owns 7,438 shares of the company's stock valued at $228,000 after buying an additional 4,895 shares during the period. Institutional investors and hedge funds own 75.25% of the company's stock.

Analyst Upgrades and Downgrades

Several equities analysts have recently issued reports on AMRK shares. StockNews.com upgraded A-Mark Precious Metals from a "sell" rating to a "hold" rating in a research report on Friday, August 30th. DA Davidson upped their target price on shares of A-Mark Precious Metals from $42.00 to $47.00 and gave the company a "buy" rating in a research note on Thursday, September 5th. B. Riley cut shares of A-Mark Precious Metals from a "buy" rating to a "neutral" rating and set a $33.00 price target on the stock. in a research report on Wednesday, May 15th. Finally, Maxim Group began coverage on shares of A-Mark Precious Metals in a research report on Wednesday, May 22nd. They issued a "buy" rating and a $63.00 price objective for the company. Four research analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. According to MarketBeat, A-Mark Precious Metals presently has a consensus rating of "Hold" and an average price target of $47.67.

A-Mark Precious Metals Stock Up 3.9 %

NASDAQ AMRK traded up $1.74 during trading hours on Thursday, reaching $45.87. 476,986 shares of the company's stock were exchanged, compared to its average volume of 369,823. The company has a debt-to-equity ratio of 0.50, a quick ratio of 0.34 and a current ratio of 1.76. The company has a market capitalization of $1.05 billion, a price-to-earnings ratio of 14.20 and a beta of -0.05. The company's 50-day moving average is $36.94 and its two-hundred day moving average is $35.22. A-Mark Precious Metals, Inc. has a one year low of $23.14 and a one year high of $46.79.

A-Mark Precious Metals Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, July 31st. Stockholders of record on Thursday, July 18th were given a dividend of $0.20 per share. This represents a $0.80 annualized dividend and a dividend yield of 1.74%. The ex-dividend date of this dividend was Thursday, July 18th. A-Mark Precious Metals's dividend payout ratio is 24.54%.

About A-Mark Precious Metals

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.