North Star Investment Management Corp. Has $6.54 Million Position in Sprott Inc. (NYSE:SII)

North Star Investment Management Corp. lifted its position in shares of Sprott Inc. (NYSE:SII – Get Rating) by 7.9% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 196,290 shares of the company’s stock after buying an additional 14,358 shares during the period. North Star Investment Management Corp. owned about 0.76% of Sprott worth $6,542,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently modified their holdings of SII. Bridgewater Associates LP boosted its position in Sprott by 1,470.4% during the second quarter. Bridgewater Associates LP now owns 426,194 shares of the company’s stock valued at $14,775,000 after purchasing an additional 399,055 shares during the last quarter. Philadelphia Financial Management of San Francisco LLC acquired a new position in Sprott during the second quarter valued at approximately $13,370,000. Waratah Capital Advisors Ltd. boosted its position in Sprott by 41.3% during the third quarter. Waratah Capital Advisors Ltd. now owns 972,342 shares of the company’s stock valued at $32,619,000 after purchasing an additional 284,033 shares during the last quarter. Jacobs Asset Management LLC boosted its position in Sprott by 12.8% during the third quarter. Jacobs Asset Management LLC now owns 363,749 shares of the company’s stock valued at $12,189,000 after purchasing an additional 41,249 shares during the last quarter. Finally, O Brien Greene & Co. Inc boosted its position in Sprott by 200.2% during the third quarter. O Brien Greene & Co. Inc now owns 61,545 shares of the company’s stock valued at $2,062,000 after purchasing an additional 41,045 shares during the last quarter. 28.04% of the stock is owned by institutional investors and hedge funds.

Sprott Stock Performance

Shares of NYSE SII opened at $35.78 on Friday. The stock has a 50 day moving average price of $37.88 and a 200 day moving average price of $36.00. Sprott Inc. has a 52 week low of $29.76 and a 52 week high of $57.00. The company has a debt-to-equity ratio of 0.20, a quick ratio of 2.99 and a current ratio of 2.99. The stock has a market capitalization of $928.71 million, a PE ratio of 51.86 and a beta of 1.16.

Sprott Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 21st. Stockholders of record on Monday, March 6th will be given a $0.25 dividend. The ex-dividend date of this dividend is Friday, March 3rd. This represents a $1.00 dividend on an annualized basis and a dividend yield of 2.79%. Sprott’s payout ratio is 144.93%.

Sprott Company Profile

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Sprott, Inc provides investment advisory services. It operates through the following segments: Exchange Listed Products, Lending, Managed Equities, Brokerage, and Corporate. The Exchange Listed Products segment provides management services to the company’s closed-end physical trusts and exchange traded funds.