Caprock Group LLC Increases Stake in Sprott Inc. (NYSE:SII)

Caprock Group LLC boosted its position in Sprott Inc. (NYSE:SII) by 3.3% during the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 7,358 shares of the company’s stock after acquiring an additional 233 shares during the period. Caprock Group LLC’s holdings in Sprott were worth $310,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in SII. Capital Performance Advisors LLP bought a new stake in shares of Sprott in the third quarter valued at approximately $32,000. Quantbot Technologies LP purchased a new position in Sprott in the 3rd quarter valued at approximately $78,000. Northwest & Ethical Investments L.P. bought a new stake in Sprott during the 3rd quarter valued at $82,000. SG Americas Securities LLC bought a new stake in Sprott during the 4th quarter valued at $145,000. Finally, ORG Wealth Partners LLC purchased a new stake in shares of Sprott during the third quarter worth $161,000. 28.30% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Separately, Canaccord Genuity Group initiated coverage on Sprott in a research report on Tuesday, January 21st. They issued a “buy” rating for the company.

Sprott Trading Down 1.7 %

Shares of SII opened at $43.12 on Friday. Sprott Inc. has a twelve month low of $34.51 and a twelve month high of $48.00. The stock has a market cap of $1.11 billion, a PE ratio of 23.69 and a beta of 1.08. The company has a quick ratio of 3.30, a current ratio of 3.30 and a debt-to-equity ratio of 0.06. The business’s 50-day moving average price is $42.89 and its 200-day moving average price is $42.96.

Sprott (NYSE:SII) last posted its earnings results on Wednesday, November 6th. The company reported $0.49 earnings per share for the quarter. Sprott had a net margin of 27.38% and a return on equity of 15.02%. The business had revenue of $46.51 million for the quarter.

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.