A-Mark Precious Metals, Inc. (NASDAQ:AMRK) Stock Holdings Trimmed by Linden Thomas Advisory Services LLC

Linden Thomas Advisory Services LLC lowered its position in shares of A-Mark Precious Metals, Inc. (NASDAQ:AMRK) by 5.3% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 7,920 shares of the company’s stock after selling 444 shares during the quarter. Linden Thomas Advisory Services LLC’s holdings in A-Mark Precious Metals were worth $217,000 as of its most recent SEC filing.

Other large investors also recently bought and sold shares of the company. FMR LLC raised its position in shares of A-Mark Precious Metals by 1,714.4% during the 3rd quarter. FMR LLC now owns 1,209,801 shares of the company’s stock valued at $53,425,000 after acquiring an additional 1,143,125 shares in the last quarter. CWA Asset Management Group LLC acquired a new stake in shares of A-Mark Precious Metals during the third quarter worth $11,741,000. Driehaus Capital Management LLC bought a new position in shares of A-Mark Precious Metals in the 2nd quarter worth about $5,702,000. B. Riley Wealth Advisors Inc. boosted its holdings in shares of A-Mark Precious Metals by 123.6% in the 2nd quarter. B. Riley Wealth Advisors Inc. now owns 93,100 shares of the company’s stock valued at $3,014,000 after buying an additional 51,460 shares during the period. Finally, Algert Global LLC bought a new stake in shares of A-Mark Precious Metals during the 3rd quarter valued at about $2,029,000. Institutional investors own 75.25% of the company’s stock.

A-Mark Precious Metals Price Performance

NASDAQ AMRK opened at $27.16 on Tuesday. The company has a 50-day moving average price of $28.12 and a two-hundred day moving average price of $35.07. A-Mark Precious Metals, Inc. has a 52 week low of $24.22 and a 52 week high of $47.39. The stock has a market cap of $629.57 million, a price-to-earnings ratio of 11.56 and a beta of -0.01. The company has a current ratio of 1.66, a quick ratio of 0.37 and a debt-to-equity ratio of 0.51.

A-Mark Precious Metals Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, January 28th. Investors of record on Tuesday, January 14th will be issued a $0.20 dividend. This represents a $0.80 dividend on an annualized basis and a yield of 2.95%. The ex-dividend date is Tuesday, January 14th. A-Mark Precious Metals’s dividend payout ratio (DPR) is 34.04%.

Wall Street Analyst Weigh In

A number of brokerages have issued reports on AMRK. DA Davidson cut their target price on shares of A-Mark Precious Metals from $52.00 to $43.00 and set a “buy” rating on the stock in a report on Thursday, November 7th. StockNews.com raised A-Mark Precious Metals from a “sell” rating to a “hold” rating in a report on Thursday, December 19th. Four research analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $46.33.

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.