Caption Management LLC Has $1.11 Million Stake in Sprott Inc. (NYSE:SII)

Caption Management LLC cut its stake in Sprott Inc. (NYSE:SII) by 0.9% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 26,419 shares of the company’s stock after selling 238 shares during the period. Caption Management LLC owned approximately 0.10% of Sprott worth $1,114,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also recently added to or reduced their stakes in SII. Sprott Inc. boosted its position in shares of Sprott by 6.9% during the fourth quarter. Sprott Inc. now owns 1,561,188 shares of the company’s stock worth $65,835,000 after buying an additional 100,585 shares during the period. Norges Bank bought a new position in shares of Sprott during the 4th quarter worth approximately $20,936,000. Clean Energy Transition LLP raised its holdings in shares of Sprott by 110.6% in the fourth quarter. Clean Energy Transition LLP now owns 194,372 shares of the company’s stock valued at $8,197,000 after purchasing an additional 102,064 shares during the last quarter. Horizon Kinetics Asset Management LLC lifted its position in shares of Sprott by 18.9% in the fourth quarter. Horizon Kinetics Asset Management LLC now owns 192,466 shares of the company’s stock worth $8,116,000 after purchasing an additional 30,622 shares in the last quarter. Finally, Arrowstreet Capital Limited Partnership lifted its position in shares of Sprott by 757.7% in the fourth quarter. Arrowstreet Capital Limited Partnership now owns 184,995 shares of the company’s stock worth $7,794,000 after purchasing an additional 163,427 shares in the last quarter. Institutional investors own 28.30% of the company’s stock.

Sprott Price Performance

NYSE:SII opened at $53.43 on Wednesday. The stock has a market capitalization of $1.38 billion, a PE ratio of 29.36 and a beta of 0.98. Sprott Inc. has a 1-year low of $38.41 and a 1-year high of $54.82. The firm has a fifty day simple moving average of $46.21 and a 200 day simple moving average of $44.35. 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 (NYSE:SII) last announced its quarterly earnings data on Wednesday, February 26th. The company reported $0.46 EPS for the quarter, beating analysts’ consensus estimates of $0.34 by $0.12. The company had revenue of $36.80 million during the quarter, compared to the consensus estimate of $38.45 million. Sprott had a net margin of 27.38% and a return on equity of 15.02%.

Sprott Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 4th. Shareholders of record on Tuesday, May 20th will be paid a $0.30 dividend. This represents a $1.20 annualized dividend and a yield of 2.25%. Sprott’s dividend payout ratio is 63.16%.

Wall Street Analyst Weigh In

SII has been the topic of several recent research reports. Canaccord Genuity Group assumed coverage on shares of Sprott in a research note on Tuesday, January 21st. They issued a “buy” rating on the stock. BMO Capital Markets initiated coverage on Sprott in a research report on Friday, March 7th. They issued an “outperform” rating on the stock.

Sprott Company 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.