14,098 Shares in Sprott Inc. (NYSE:SII) Purchased by Public Employees Retirement System of Ohio

Public Employees Retirement System of Ohio bought a new position in Sprott Inc. (NYSE:SII - Free Report) in the third quarter, according to the company in its most recent 13F filing with the SEC. The fund bought 14,098 shares of the company's stock, valued at approximately $612,000. Public Employees Retirement System of Ohio owned about 0.05% of Sprott at the end of the most recent reporting period.

Other hedge funds have also added to or reduced their stakes in the company. Toronto Dominion Bank increased its stake in shares of Sprott by 64.2% in the 2nd quarter. Toronto Dominion Bank now owns 693 shares of the company's stock worth $29,000 after acquiring an additional 271 shares in the last quarter. Point72 Asset Management L.P. bought a new stake in shares of Sprott during the 2nd quarter valued at about $29,000. Capital Performance Advisors LLP bought a new position in Sprott in the third quarter worth approximately $32,000. Quantbot Technologies LP bought a new stake in Sprott during the third quarter valued at about $78,000. Finally, Northwest & Ethical Investments L.P. purchased a new stake in Sprott in the 3rd quarter worth approximately $82,000. 28.30% of the stock is owned by institutional investors.

Sprott Price Performance

Shares of NYSE:SII traded up $0.06 during midday trading on Friday, reaching $42.41. 57,670 shares of the company were exchanged, compared to its average volume of 109,328. The stock has a market cap of $1.10 billion, a PE ratio of 23.30 and a beta of 1.07. The business's fifty day moving average is $44.20 and its two-hundred day moving average is $43.09. The company has a current ratio of 3.30, a quick ratio of 3.30 and a debt-to-equity ratio of 0.06. Sprott Inc. has a one year low of $31.47 and a one year high of $48.00.

Sprott Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, December 3rd. Stockholders of record on Monday, November 18th were given a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a dividend yield of 2.83%. This is an increase from Sprott's previous quarterly dividend of $0.25. The ex-dividend date of this dividend was Monday, November 18th. Sprott's dividend payout ratio (DPR) is 65.93%.

Sprott Profile

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.