Regal Partners Ltd Acquires New Shares in Sprott Inc. (NYSE:SII)

Regal Partners Ltd acquired a new position in Sprott Inc. (NYSE:SII - Free Report) in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 66,378 shares of the company's stock, valued at approximately $2,875,000. Regal Partners Ltd owned approximately 0.26% of Sprott at the end of the most recent quarter.

Other large investors have also recently modified their holdings of the company. Toronto Dominion Bank grew its position 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 buying an additional 271 shares during the period. Point72 Asset Management L.P. bought a new position in shares of Sprott during the second quarter valued at approximately $29,000. Capital Performance Advisors LLP purchased a new position in shares of Sprott during the third quarter valued at approximately $32,000. Mather Group LLC. lifted its holdings in shares of Sprott by 107.1% during the second quarter. Mather Group LLC. now owns 874 shares of the company's stock valued at $36,000 after purchasing an additional 452 shares during the last quarter. Finally, Lazard Asset Management LLC bought a new stake in shares of Sprott in the 1st quarter worth approximately $39,000. Institutional investors own 28.30% of the company's stock.

Sprott Stock Down 1.0 %

SII stock traded down $0.43 on Thursday, reaching $41.90. 115,723 shares of the company traded hands, compared to its average volume of 110,543. The firm has a fifty day simple moving average of $43.67 and a 200-day simple moving average of $43.06. The company has a market cap of $1.08 billion, a P/E ratio of 23.24 and a beta of 1.09. Sprott Inc. has a one year low of $29.50 and a one year high of $48.00. The company has a debt-to-equity ratio of 0.06, a current ratio of 3.30 and a quick ratio of 3.30.

Sprott Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, December 3rd. Investors of record on Monday, November 18th will be paid a $0.30 dividend. This is a boost from Sprott's previous quarterly dividend of $0.25. The ex-dividend date is Monday, November 18th. This represents a $1.20 dividend on an annualized basis and a yield of 2.86%. Sprott's payout ratio is presently 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.