XTX Topco Ltd Acquires New Position in Sprott Inc. (NYSE:SII)

XTX Topco Ltd bought a new position in Sprott Inc. (NYSE:SII) during the third quarter, Holdings Channel reports. The institutional investor bought 5,874 shares of the company’s stock, valued at approximately $254,000.

A number of other hedge funds and other institutional investors also recently bought and sold shares of SII. Lloyd Harbor Capital Management LLC bought a new stake in shares of Sprott in the 2nd quarter worth approximately $6,002,000. Point72 Asset Management L.P. lifted its stake in Sprott by 1,685.7% in the third quarter. Point72 Asset Management L.P. now owns 12,500 shares of the company’s stock valued at $541,000 after buying an additional 11,800 shares during the last quarter. Acadian Asset Management LLC boosted its holdings in shares of Sprott by 683.7% during the second quarter. Acadian Asset Management LLC now owns 39,430 shares of the company’s stock valued at $1,626,000 after acquiring an additional 34,399 shares during the period. O Brien Greene & Co. Inc bought a new position in shares of Sprott during the second quarter worth about $663,000. Finally, Global Alpha Capital Management Ltd. increased its holdings in shares of Sprott by 47.1% in the 3rd quarter. Global Alpha Capital Management Ltd. now owns 587,408 shares of the company’s stock worth $25,453,000 after acquiring an additional 187,993 shares during the period. 28.30% of the stock is currently owned by institutional investors and hedge funds.

Sprott Trading Down 3.3 %

Sprott stock opened at $41.67 on Thursday. Sprott Inc. has a 52-week low of $31.47 and a 52-week high of $48.00. 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 firm has a market capitalization of $1.08 billion, a price-to-earnings ratio of 22.90 and a beta of 1.07. The firm has a 50-day moving average price of $44.29 and a two-hundred day moving average price of $43.10.

Sprott Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, December 3rd. Investors of record on Monday, November 18th were issued a $0.30 dividend. This represents a $1.20 dividend on an annualized basis and a yield of 2.88%. This is a positive change from Sprott’s previous quarterly dividend of $0.25. The ex-dividend date was Monday, November 18th. Sprott’s dividend payout ratio is 65.93%.

Sprott Profile

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.