Dimensional Fund Advisors LP Decreases Stake in U.S. Global Investors, Inc. (NASDAQ:GROW)

Dimensional Fund Advisors LP decreased its holdings in U.S. Global Investors, Inc. (NASDAQ:GROW) by 27.5% during the 2nd quarter, according to its most recent disclosure with the SEC. The firm owned 40,367 shares of the asset manager’s stock after selling 15,317 shares during the period. Dimensional Fund Advisors LP owned approximately 0.29% of U.S. Global Investors worth $105,000 at the end of the most recent reporting period.

Analyst Upgrades and Downgrades

Separately, StockNews.com assumed coverage on shares of U.S. Global Investors in a research report on Friday, October 11th. They issued a “hold” rating for the company.

U.S. Global Investors Price Performance

NASDAQ:GROW opened at $2.43 on Wednesday. The business’s 50-day moving average is $2.55 and its two-hundred day moving average is $2.62. The firm has a market capitalization of $33.81 million, a PE ratio of 20.25 and a beta of 1.83. U.S. Global Investors, Inc. has a 12 month low of $2.38 and a 12 month high of $3.11.

U.S. Global Investors (NASDAQ:GROW) last announced its earnings results on Tuesday, September 10th. The asset manager reported $0.02 EPS for the quarter. The business had revenue of $2.44 million for the quarter. U.S. Global Investors had a return on equity of 2.66% and a net margin of 12.14%.

U.S. Global Investors Announces Dividend

The company also recently announced a monthly dividend, which will be paid on Monday, December 30th. Stockholders of record on Monday, December 16th will be given a dividend of $0.0075 per share. The ex-dividend date is Monday, December 16th. This represents a $0.09 dividend on an annualized basis and a dividend yield of 3.70%. U.S. Global Investors’s payout ratio is currently 75.00%.

U.S. Global Investors Company Profile

U.S. Global Investors, Inc is a publicly owned investment manager. It primarily provides its services to investment companies. The firm is a large advisory firm, an investment adviser to an investment company which provides portfolio management for investment companies. The firm manages and launches equity/balanced funds, fixed income funds and other funds.