Sprott Inc. $SII Shares Purchased by O Shaughnessy Asset Management LLC

O Shaughnessy Asset Management LLC lifted its holdings in Sprott Inc. (NYSE:SII) by 39.7% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 80,482 shares of the company’s stock after acquiring an additional 22,857 shares during the period. O Shaughnessy Asset Management LLC’s holdings in Sprott were worth $7,881,000 as of its most recent SEC filing.

Other large investors also recently made changes to their positions in the company. Flagship Harbor Advisors LLC acquired a new stake in shares of Sprott in the fourth quarter worth $34,000. Kohmann Bosshard Financial Services LLC acquired a new stake in shares of Sprott in the fourth quarter worth $59,000. Advisory Services Network LLC acquired a new stake in shares of Sprott in the third quarter worth $74,000. Rialto Wealth Management LLC increased its position in shares of Sprott by 26.0% in the fourth quarter. Rialto Wealth Management LLC now owns 800 shares of the company’s stock worth $78,000 after acquiring an additional 165 shares in the last quarter. Finally, Employees Retirement System of Texas acquired a new stake in shares of Sprott in the fourth quarter worth $142,000. Institutional investors and hedge funds own 28.30% of the company’s stock.

Analyst Ratings Changes

Several research firms have recently issued reports on SII. Wall Street Zen raised shares of Sprott from a “hold” rating to a “buy” rating in a research report on Saturday, May 9th. TD Securities reissued a “hold” rating on shares of Sprott in a research report on Thursday, May 7th. Royal Bank Of Canada increased their price objective on shares of Sprott from $218.00 to $230.00 and gave the stock an “outperform” rating in a research report on Thursday, May 7th. Finally, Weiss Ratings reissued a “buy (b)” rating on shares of Sprott in a research report on Wednesday, May 20th. Two investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $230.00.

Sprott Trading Down 4.5%

SII opened at $112.82 on Thursday. The company has a fifty day simple moving average of $134.75 and a 200 day simple moving average of $125.45. The firm has a market cap of $2.91 billion, a price-to-earnings ratio of 34.50 and a beta of 0.76. Sprott Inc. has a twelve month low of $61.80 and a twelve month high of $169.63.

Sprott (NYSE:SII) last released its quarterly earnings results on Wednesday, May 6th. The company reported $1.13 earnings per share for the quarter, beating analysts’ consensus estimates of $0.93 by $0.20. The business had revenue of $80.75 million during the quarter, compared to analyst estimates of $78.06 million. Sprott had a net margin of 21.99% and a return on equity of 23.54%.

Sprott Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, June 3rd. Investors of record on Tuesday, May 19th were issued a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a yield of 1.4%. The ex-dividend date of this dividend was Tuesday, May 19th. Sprott’s dividend payout ratio (DPR) is presently 48.93%.

Sprott Profile

Sprott Inc is a Toronto‐based alternative asset manager specializing in precious metals, real assets and related investment vehicles. Founded in 1981 by Eric Sprott, the firm has built a reputation for offering physically backed bullion trusts, exchange‐traded funds (ETFs), mutual funds and private managed accounts that provide exposure to gold, silver, platinum and other hard assets. Sprott’s product lineup also includes royalty and streaming strategies, which grant investors long‐term participation in mining project cash flows without direct operational risk.

In addition to its flagship physical bullion trusts, Sprott offers actively managed equity portfolios that focus on companies engaged in the exploration, development and production of precious metals.