Empowered Funds LLC Buys 782 Shares of A-Mark Precious Metals, Inc. (NASDAQ:AMRK)

Empowered Funds LLC grew its position in shares of A-Mark Precious Metals, Inc. (NASDAQ:AMRK) by 4.6% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 17,640 shares of the company’s stock after acquiring an additional 782 shares during the quarter. Empowered Funds LLC owned 0.08% of A-Mark Precious Metals worth $483,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Hobbs Group Advisors LLC bought a new stake in shares of A-Mark Precious Metals in the 3rd quarter valued at about $26,000. Strategic Investment Solutions Inc. IL bought a new stake in shares of A-Mark Precious Metals during the 3rd quarter worth approximately $88,000. SG Americas Securities LLC raised its holdings in shares of A-Mark Precious Metals by 14.5% during the 4th quarter. SG Americas Securities LLC now owns 7,511 shares of the company’s stock worth $206,000 after buying an additional 949 shares in the last quarter. Victory Capital Management Inc. acquired a new stake in shares of A-Mark Precious Metals in the 3rd quarter valued at approximately $226,000. Finally, Private Advisor Group LLC acquired a new position in shares of A-Mark Precious Metals during the third quarter worth $234,000. 75.25% of the stock is owned by institutional investors.

A-Mark Precious Metals Trading Down 1.8 %

Shares of A-Mark Precious Metals stock opened at $27.20 on Thursday. The firm has a market cap of $626.12 million, a PE ratio of 13.27 and a beta of -0.02. The company has a debt-to-equity ratio of 0.34, a current ratio of 1.58 and a quick ratio of 0.31. A-Mark Precious Metals, Inc. has a 1 year low of $24.22 and a 1 year high of $47.39. The stock has a fifty day moving average price of $27.49 and a 200-day moving average price of $33.95.

A-Mark Precious Metals (NASDAQ:AMRK) last announced its quarterly earnings data on Thursday, February 6th. The company reported $0.55 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.65 by ($0.10). A-Mark Precious Metals had a net margin of 0.46% and a return on equity of 9.29%. Equities research analysts anticipate that A-Mark Precious Metals, Inc. will post 2.83 EPS for the current year.

A-Mark Precious Metals Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, January 28th. Stockholders of record on Tuesday, January 14th were given a $0.20 dividend. The ex-dividend date of this dividend was Tuesday, January 14th. This represents a $0.80 dividend on an annualized basis and a dividend yield of 2.94%. A-Mark Precious Metals’s dividend payout ratio (DPR) is currently 39.02%.

Wall Street Analyst Weigh In

Several equities analysts have issued reports on the stock. DA Davidson decreased their price target on shares of A-Mark Precious Metals from $43.00 to $35.00 and set a “buy” rating for the company in a research report on Friday, February 7th. Northland Securities reduced their target price on A-Mark Precious Metals from $40.00 to $36.00 and set a “market perform” rating for the company in a research note on Friday, February 7th. Finally, StockNews.com raised shares of A-Mark Precious Metals from a “sell” rating to a “hold” rating in a research report on Thursday, December 19th. Four analysts have rated the stock with a hold rating and two have issued a buy rating to the company. According to data from MarketBeat, A-Mark Precious Metals presently has a consensus rating of “Hold” and a consensus target price of $41.75.

About A-Mark Precious Metals

A-Mark Precious Metals, Inc, together with its subsidiaries, operates as a precious metals trading company. It operates through three segments: Wholesale Sales & Ancillary Services, Direct-to-Consumer, and Secured Lending. The Wholesale Sales & Ancillary Services segment sells gold, silver, platinum, and palladium in the form of bars, plates, powders, wafers, grains, ingots, and coins.