A-Mark Precious Metals Inc (NASDAQ:AMRK) has earned an average recommendation of “Hold” from the seven ratings firms that are presently covering the company, Marketbeat.com reports. One research analyst has rated the stock with a sell rating, three have issued a hold rating, one has issued a buy rating and one has issued a strong buy rating on the company. The average 1-year target price among brokers that have covered the stock in the last year is $17.95.
A number of equities research analysts have weighed in on AMRK shares. Zacks Investment Research upgraded shares of A-Mark Precious Metals from a “sell” rating to a “hold” rating and set a $13.00 target price for the company in a research note on Friday, February 9th. decreased their target price on shares of A-Mark Precious Metals from $19.00 to $17.50 and set a “neutral” rating for the company in a research note on Wednesday, November 15th. B. Riley reiterated a “hold” rating and set a $19.00 target price on shares of A-Mark Precious Metals in a research note on Monday, November 13th. Finally, ValuEngine lowered shares of A-Mark Precious Metals from a “hold” rating to a “sell” rating in a research note on Friday, February 2nd.
Shares of A-Mark Precious Metals (NASDAQ AMRK) opened at $10.80 on Friday. The firm has a market cap of $75.80, a price-to-earnings ratio of 21.18 and a beta of -0.10. The company has a debt-to-equity ratio of 0.09, a quick ratio of 0.34 and a current ratio of 1.09. A-Mark Precious Metals has a 12 month low of $10.39 and a 12 month high of $20.81.
The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, February 27th. Stockholders of record on Tuesday, February 13th will be paid a $0.08 dividend. The ex-dividend date is Monday, February 12th. This represents a $0.32 annualized dividend and a dividend yield of 2.96%. A-Mark Precious Metals’s dividend payout ratio (DPR) is 62.75%.
Several large investors have recently bought and sold shares of the company. Dimensional Fund Advisors LP increased its stake in shares of A-Mark Precious Metals by 7.5% in the 3rd quarter. Dimensional Fund Advisors LP now owns 290,043 shares of the company’s stock worth $4,789,000 after purchasing an additional 20,349 shares in the last quarter. Shufro Rose & Co. LLC increased its stake in shares of A-Mark Precious Metals by 2.7% in the 3rd quarter. Shufro Rose & Co. LLC now owns 221,550 shares of the company’s stock worth $3,658,000 after purchasing an additional 5,800 shares in the last quarter. Cove Street Capital LLC increased its stake in shares of A-Mark Precious Metals by 23.7% in the 4th quarter. Cove Street Capital LLC now owns 80,000 shares of the company’s stock worth $1,172,000 after purchasing an additional 15,310 shares in the last quarter. Wedbush Securities Inc. increased its stake in shares of A-Mark Precious Metals by 51.0% in the 4th quarter. Wedbush Securities Inc. now owns 38,746 shares of the company’s stock worth $568,000 after purchasing an additional 13,080 shares in the last quarter. Finally, Northern Trust Corp increased its stake in shares of A-Mark Precious Metals by 5.9% in the 2nd quarter. Northern Trust Corp now owns 34,386 shares of the company’s stock worth $564,000 after purchasing an additional 1,902 shares in the last quarter. Hedge funds and other institutional investors own 20.17% of the company’s stock.
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About A-Mark Precious Metals
A-Mark Precious Metals, Inc is a precious metal trading company. The Company is a wholesaler of gold, silver, platinum and palladium bullion and related products, including bars, wafers, grain and coins. It distributes gold and silver coins and bars from sovereign and private mints; provides financing for the purchase of bullion and numismatics; offers storage for bullion, and offers complementary products, such as consignment, customized finance and liquidity programs, such as repurchase (Repo) accounts, and trade quotes in a variety of foreign currencies.
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