Empowered Funds LLC Has $84,000 Stake in U.S. Global Investors, Inc. (NASDAQ:GROW)

Empowered Funds LLC cut its position in shares of U.S. Global Investors, Inc. (NASDAQ:GROW) by 35.5% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 34,588 shares of the asset manager’s stock after selling 19,032 shares during the quarter. Empowered Funds LLC owned about 0.26% of U.S. Global Investors worth $84,000 at the end of the most recent reporting period.

U.S. Global Investors Stock Performance

Shares of U.S. Global Investors stock opened at $2.42 on Friday. The stock has a market capitalization of $32.31 million, a PE ratio of 80.69 and a beta of 1.82. U.S. Global Investors, Inc. has a 52 week low of $2.38 and a 52 week high of $2.95. The stock has a 50 day moving average price of $2.44 and a two-hundred day moving average price of $2.48.

U.S. Global Investors (NASDAQ:GROW) last issued its earnings results on Wednesday, February 12th. The asset manager reported ($0.01) earnings per share (EPS) for the quarter. U.S. Global Investors had a return on equity of 1.05% and a net margin of 5.40%.

U.S. Global Investors Announces Dividend

The company also recently announced a dividend, which was paid on Monday, January 27th. Stockholders of record on Tuesday, January 14th were issued a $0.0075 dividend. The ex-dividend date of this dividend was Monday, January 13th. This represents a dividend yield of 3.7%. U.S. Global Investors’s dividend payout ratio is currently 300.00%.

Analyst Ratings Changes

Separately, StockNews.com assumed coverage on shares of U.S. Global Investors in a research note on Sunday, February 16th. They issued a “hold” rating for the company.

U.S. Global Investors 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.