Dimensional Fund Advisors LP lessened its stake in U.S. Global Investors, Inc. (NASDAQ:GROW – Free Report) by 27.5% in the second quarter, Holdings Channel reports. The institutional investor owned 40,367 shares of the asset manager’s stock after selling 15,317 shares during the quarter. Dimensional Fund Advisors LP’s holdings in U.S. Global Investors were worth $105,000 as of its most recent SEC filing.
U.S. Global Investors Stock Down 0.4 %
Shares of U.S. Global Investors stock opened at $2.43 on Wednesday. The business has a 50-day moving average price of $2.55 and a 200 day moving average price of $2.62. U.S. Global Investors, Inc. has a fifty-two week low of $2.38 and a fifty-two week high of $3.11. The firm has a market cap of $33.81 million, a P/E ratio of 20.25 and a beta of 1.83.
U.S. Global Investors (NASDAQ:GROW – Get Free Report) last issued its quarterly earnings results on Tuesday, September 10th. The asset manager reported $0.02 earnings per share for the quarter. U.S. Global Investors had a return on equity of 2.66% and a net margin of 12.14%. The business had revenue of $2.44 million during the quarter.
U.S. Global Investors Announces Dividend
Analyst Upgrades and Downgrades
Separately, StockNews.com initiated coverage on shares of U.S. Global Investors in a report on Friday, October 11th. They set a “hold” rating for the company.
Read Our Latest Research Report on U.S. Global Investors
U.S. Global Investors Company Profile
U.S. Global Investors, Inc is a publicly owned investment manager. It primarily provides its services to investment companies. The firm is a large advisory firm, an investment adviser to an investment company which provides portfolio management for investment companies. The firm manages and launches equity/balanced funds, fixed income funds and other funds.
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