U.S. Global Investors (NASDAQ:GROW) Announces Earnings Results

U.S. Global Investors (NASDAQ:GROW) announced its earnings results on Wednesday. The asset manager reported $0.23 EPS for the quarter, FiscalAI reports. U.S. Global Investors had a net margin of 33.29% and a return on equity of 7.00%. The firm had revenue of $2.76 million for the quarter.

U.S. Global Investors Stock Up 1.5%

GROW traded up $0.04 during trading on Friday, hitting $2.63. The company had a trading volume of 7,593 shares, compared to its average volume of 49,109. The company has a market capitalization of $34.08 million, a PE ratio of 10.11 and a beta of 0.71. U.S. Global Investors has a one year low of $2.16 and a one year high of $3.65. The firm’s 50-day moving average price is $2.78 and its 200 day moving average price is $2.71.

U.S. Global Investors Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Monday, June 29th. Investors of record on Monday, June 15th will be given a $0.0075 dividend. This represents a c) annualized dividend and a yield of 3.4%. The ex-dividend date of this dividend is Monday, June 15th.

Institutional Trading of U.S. Global Investors

A number of institutional investors have recently modified their holdings of GROW. Samalin Investment Counsel LLC acquired a new position in shares of U.S. Global Investors during the third quarter worth about $92,000. MAI Capital Management bought a new stake in U.S. Global Investors in the 3rd quarter valued at approximately $102,000. Citadel Advisors LLC lifted its stake in U.S. Global Investors by 52.1% in the 3rd quarter. Citadel Advisors LLC now owns 43,625 shares of the asset manager’s stock valued at $120,000 after acquiring an additional 14,938 shares in the last quarter. Sandia Investment Management LP acquired a new position in U.S. Global Investors during the 4th quarter worth approximately $106,000. Finally, Dimensional Fund Advisors LP grew its stake in shares of U.S. Global Investors by 9.4% during the 1st quarter. Dimensional Fund Advisors LP now owns 58,700 shares of the asset manager’s stock worth $146,000 after acquiring an additional 5,056 shares in the last quarter. 23.62% of the stock is currently owned by institutional investors.

About U.S. Global Investors

U.S. Global Investors, Inc is an independent asset management firm that specializes in natural resource and global equity investing. The company focuses on sectors such as precious metals, energy, agriculture and emerging markets, seeking long-term capital appreciation for individual and institutional investors. Its investment strategies are built around thematic, research-driven approaches that aim to capture opportunities across commodity cycles and global economic trends.

The firm offers a range of investment products, including open-end mutual funds, closed-end funds, exchange-traded funds and separately managed accounts.