12,600 Shares in A-Mark Precious Metals, Inc. (NASDAQ:AMRK) Bought by Walleye Capital LLC

Walleye Capital LLC acquired a new position in A-Mark Precious Metals, Inc. (NASDAQ:AMRK - Free Report) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 12,600 shares of the company's stock, valued at approximately $345,000. Walleye Capital LLC owned 0.05% of A-Mark Precious Metals as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also modified their holdings of the business. Rhumbline Advisers raised its position in shares of A-Mark Precious Metals by 2.1% during the fourth quarter. Rhumbline Advisers now owns 29,814 shares of the company's stock worth $817,000 after purchasing an additional 621 shares during the period. Empowered Funds LLC increased its holdings in shares of A-Mark Precious Metals by 4.6% in the fourth quarter. Empowered Funds LLC now owns 17,640 shares of the company's stock valued at $483,000 after purchasing an additional 782 shares during the last quarter. Bard Associates Inc. boosted its holdings in shares of A-Mark Precious Metals by 1.0% during the fourth quarter. Bard Associates Inc. now owns 94,344 shares of the company's stock worth $2,585,000 after acquiring an additional 933 shares during the period. SG Americas Securities LLC lifted its holdings in shares of A-Mark Precious Metals by 14.5% during the fourth quarter. SG Americas Securities LLC now owns 7,511 shares of the company's stock worth $206,000 after buying an additional 949 shares in the last quarter. Finally, Trek Financial LLC increased its position in A-Mark Precious Metals by 3.2% during the fourth quarter. Trek Financial LLC now owns 55,699 shares of the company's stock worth $1,526,000 after acquiring an additional 1,718 shares during the period. 75.25% of the stock is owned by institutional investors.

A-Mark Precious Metals Trading Down 0.9 %

NASDAQ:AMRK traded down $0.22 on Wednesday, reaching $23.87. 9,479 shares of the stock traded hands, compared to its average volume of 320,178. The firm has a market capitalization of $549.46 million, a price-to-earnings ratio of 11.64 and a beta of 0.41. A-Mark Precious Metals, Inc. has a 1-year low of $20.60 and a 1-year high of $47.39. The company has a current ratio of 1.58, a quick ratio of 0.31 and a debt-to-equity ratio of 0.34. The company's 50 day moving average is $25.62 and its 200-day moving average is $28.83.

A-Mark Precious Metals (NASDAQ:AMRK - Get Free Report) last issued its quarterly earnings results on Thursday, February 6th. The company reported $0.55 EPS for the quarter, missing analysts' consensus estimates of $0.65 by ($0.10). A-Mark Precious Metals had a net margin of 0.46% and a return on equity of 9.29%. Equities research analysts anticipate that A-Mark Precious Metals, Inc. will post 2.11 EPS for the current fiscal year.

A-Mark Precious Metals Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, April 29th. Stockholders of record on Tuesday, April 15th were given a dividend of $0.20 per share. This represents a $0.80 annualized dividend and a dividend yield of 3.35%. The ex-dividend date of this dividend was Tuesday, April 15th. A-Mark Precious Metals's dividend payout ratio (DPR) is 39.02%.

Analyst Upgrades and Downgrades

A number of research analysts recently commented on AMRK shares. Northland Securities decreased their price target on A-Mark Precious Metals from $40.00 to $36.00 and set a "market perform" rating on the stock in a research report on Friday, February 7th. B. Riley decreased their target price on shares of A-Mark Precious Metals from $37.00 to $34.00 and set a "neutral" rating on the stock in a report on Tuesday. Finally, DA Davidson reiterated a "buy" rating and set a $35.00 price target on shares of A-Mark Precious Metals in a research report on Tuesday, March 11th. Four analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. According to data from MarketBeat, the stock has an average rating of "Hold" and a consensus target price of $42.00.

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.