92,308 Shares in Sprott Inc. (NYSE:SII) Purchased by Clean Energy Transition LLP

Clean Energy Transition LLP bought a new position in shares of Sprott Inc. (NYSE:SII) in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 92,308 shares of the company’s stock, valued at approximately $3,821,000. Sprott makes up 0.2% of Clean Energy Transition LLP’s holdings, making the stock its 11th biggest position. Clean Energy Transition LLP owned about 0.36% of Sprott as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the business. Murchinson Ltd. purchased a new position in Sprott during the first quarter worth about $18,480,000. Raymond James & Associates boosted its holdings in shares of Sprott by 5.9% in the 2nd quarter. Raymond James & Associates now owns 72,987 shares of the company’s stock worth $3,021,000 after purchasing an additional 4,095 shares in the last quarter. Sprott Inc. boosted its holdings in shares of Sprott by 28.3% in the 4th quarter. Sprott Inc. now owns 58,967 shares of the company’s stock worth $2,002,000 after purchasing an additional 13,005 shares in the last quarter. Tocqueville Asset Management L.P. boosted its holdings in shares of Sprott by 24.0% in the 1st quarter. Tocqueville Asset Management L.P. now owns 56,566 shares of the company’s stock worth $2,091,000 after purchasing an additional 10,934 shares in the last quarter. Finally, TD Asset Management Inc boosted its holdings in shares of Sprott by 0.7% in the 2nd quarter. TD Asset Management Inc now owns 56,456 shares of the company’s stock worth $2,341,000 after purchasing an additional 380 shares in the last quarter. 28.30% of the stock is currently owned by hedge funds and other institutional investors.

Sprott Price Performance

SII opened at $43.05 on Friday. The stock has a 50-day moving average price of $41.96 and a 200-day moving average price of $41.29. Sprott Inc. has a 12-month low of $28.04 and a 12-month high of $47.30. The company has a current ratio of 3.02, a quick ratio of 3.02 and a debt-to-equity ratio of 0.10. The stock has a market capitalization of $1.11 billion, a P/E ratio of 24.05 and a beta of 1.10.

Sprott (NYSE:SII) last released its earnings results on Wednesday, August 7th. The company reported $0.51 earnings per share for the quarter. The company had revenue of $47.99 million during the quarter. Sprott had a return on equity of 13.50% and a net margin of 26.46%.

Sprott Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, September 3rd. Shareholders of record on Monday, August 19th were given a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a yield of 2.32%. The ex-dividend date was Monday, August 19th. Sprott’s payout ratio is 55.87%.

Sprott 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.