BNP PARIBAS ASSET MANAGEMENT Holding S.A. Invests $363,000 in A-Mark Precious Metals, Inc. (NASDAQ:AMRK)

BNP PARIBAS ASSET MANAGEMENT Holding S.A. acquired a new stake in A-Mark Precious Metals, Inc. (NASDAQ:AMRK) in the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund acquired 11,200 shares of the company’s stock, valued at approximately $363,000.

A number of other large investors have also recently bought and sold shares of the business. Dimensional Fund Advisors LP lifted its position in shares of A-Mark Precious Metals by 10.4% in the fourth quarter. Dimensional Fund Advisors LP now owns 1,129,775 shares of the company’s stock worth $34,178,000 after buying an additional 106,842 shares during the last quarter. Vanguard Group Inc. raised its stake in shares of A-Mark Precious Metals by 0.6% in the 1st quarter. Vanguard Group Inc. now owns 1,038,275 shares of the company’s stock valued at $31,865,000 after acquiring an additional 6,544 shares in the last quarter. Charles Schwab Investment Management Inc. lifted its holdings in A-Mark Precious Metals by 17.5% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 452,251 shares of the company’s stock worth $13,681,000 after purchasing an additional 67,452 shares during the last quarter. CWA Asset Management Group LLC boosted its position in A-Mark Precious Metals by 1.3% during the fourth quarter. CWA Asset Management Group LLC now owns 424,079 shares of the company’s stock worth $12,828,000 after purchasing an additional 5,437 shares during the period. Finally, Allspring Global Investments Holdings LLC grew its holdings in A-Mark Precious Metals by 34.5% during the first quarter. Allspring Global Investments Holdings LLC now owns 201,108 shares of the company’s stock valued at $6,172,000 after purchasing an additional 51,531 shares during the last quarter. 75.25% of the stock is currently owned by institutional investors.

A-Mark Precious Metals Stock Performance

NASDAQ AMRK opened at $39.93 on Wednesday. The company’s fifty day moving average is $35.68 and its two-hundred day moving average is $34.53. A-Mark Precious Metals, Inc. has a 52-week low of $23.14 and a 52-week high of $42.48. The company has a debt-to-equity ratio of 0.50, a current ratio of 1.76 and a quick ratio of 0.34. The firm has a market capitalization of $912.60 million, a price-to-earnings ratio of 12.25 and a beta of -0.06.

A-Mark Precious Metals Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, July 31st. Investors of record on Thursday, July 18th were given a dividend of $0.20 per share. This represents a $0.80 dividend on an annualized basis and a yield of 2.00%. The ex-dividend date of this dividend was Thursday, July 18th. A-Mark Precious Metals’s dividend payout ratio (DPR) is presently 24.54%.

Analysts Set New Price Targets

A number of analysts have recently weighed in on the stock. Maxim Group began coverage on shares of A-Mark Precious Metals in a research note on Wednesday, May 22nd. They issued a “buy” rating and a $63.00 price objective for the company. StockNews.com upgraded shares of A-Mark Precious Metals from a “sell” rating to a “hold” rating in a report on Friday, August 30th. Northland Securities downgraded A-Mark Precious Metals from an “outperform” rating to a “market perform” rating in a research report on Wednesday, May 8th. Northland Capmk cut A-Mark Precious Metals from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, May 8th. Finally, B. Riley downgraded A-Mark Precious Metals from a “buy” rating to a “neutral” rating and set a $33.00 target price for the company. in a research note on Wednesday, May 15th. Four analysts have rated the stock with a hold rating and two have issued a buy rating to the company’s stock. According to MarketBeat.com, A-Mark Precious Metals has a consensus rating of “Hold” and a consensus target price of $46.67.

A-Mark Precious Metals Company Profile

A-Mark Precious Metals, Inc, together with its subsidiaries, operates as a precious metals trading company. It operates through three segments: Wholesale Sales & Ancillary Services, Direct-to-Consumer, and Secured Lending. The Wholesale Sales & Ancillary Services segment sells gold, silver, platinum, and palladium in the form of bars, plates, powders, wafers, grains, ingots, and coins.