Barclays PLC Grows Stake in Sprott Inc. (NYSE:SII)

Barclays PLC boosted its position in shares of Sprott Inc. (NYSE:SII) by 7,753.4% in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 4,555 shares of the company’s stock after acquiring an additional 4,497 shares during the quarter. Barclays PLC’s holdings in Sprott were worth $197,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of the company. Toronto Dominion Bank increased its position in shares of Sprott by 64.2% during the 2nd quarter. Toronto Dominion Bank now owns 693 shares of the company’s stock valued at $29,000 after purchasing an additional 271 shares during the last quarter. Point72 Asset Management L.P. purchased a new stake in Sprott during the second quarter valued at approximately $29,000. Capital Performance Advisors LLP bought a new position in Sprott in the third quarter worth approximately $32,000. Quantbot Technologies LP purchased a new position in shares of Sprott during the 3rd quarter worth $78,000. Finally, Northwest & Ethical Investments L.P. bought a new stake in shares of Sprott during the 3rd quarter valued at $82,000. Institutional investors own 28.30% of the company’s stock.

Sprott Price Performance

Shares of Sprott stock opened at $41.92 on Tuesday. The stock has a market cap of $1.08 billion, a P/E ratio of 23.03 and a beta of 1.08. The company has a debt-to-equity ratio of 0.06, a quick ratio of 3.30 and a current ratio of 3.30. The stock’s fifty day moving average is $43.42 and its 200 day moving average is $43.08. Sprott Inc. has a one year low of $31.47 and a one year high of $48.00.

Sprott Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, December 3rd. Stockholders of record on Monday, November 18th were given a dividend of $0.30 per share. This is a boost from Sprott’s previous quarterly dividend of $0.25. This represents a $1.20 dividend on an annualized basis and a dividend yield of 2.86%. The ex-dividend date of this dividend was Monday, November 18th. Sprott’s payout ratio is presently 65.93%.

About Sprott

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.