Sprott Inc. (NYSE:SII) Stock Holdings Boosted by Global Alpha Capital Management Ltd.

Global Alpha Capital Management Ltd. increased its stake in Sprott Inc. (NYSE:SII) by 47.1% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 587,408 shares of the company’s stock after purchasing an additional 187,993 shares during the quarter. Sprott comprises about 1.7% of Global Alpha Capital Management Ltd.’s portfolio, making the stock its 27th biggest holding. Global Alpha Capital Management Ltd.’s holdings in Sprott were worth $25,453,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also bought and sold shares of the company. Murchinson Ltd. acquired a new stake in Sprott in the 1st quarter valued at about $18,480,000. CWA Asset Management Group LLC bought a new position in Sprott in the third quarter worth $9,843,000. Lloyd Harbor Capital Management LLC bought a new position in Sprott in the 2nd quarter worth approximately $6,002,000. Clean Energy Transition LLP acquired a new position in shares of Sprott in the 2nd quarter valued at $3,821,000. Finally, Raymond James & Associates boosted its stake in Sprott by 20.1% in the 3rd quarter. Raymond James & Associates now owns 87,622 shares of the company’s stock worth $3,795,000 after purchasing an additional 14,635 shares during the period. Institutional investors and hedge funds own 28.30% of the company’s stock.

Sprott Trading Up 1.9 %

Sprott stock opened at $43.69 on Wednesday. The company has a debt-to-equity ratio of 0.06, a current ratio of 3.30 and a quick ratio of 3.30. The firm has a 50-day moving average of $43.94 and a 200-day moving average of $43.15. The company has a market cap of $1.13 billion, a price-to-earnings ratio of 24.01 and a beta of 1.09. Sprott Inc. has a one year low of $30.00 and a one year high of $48.00.

Sprott Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, December 3rd. Stockholders of record on Monday, November 18th will be issued a dividend of $0.30 per share. The ex-dividend date is Monday, November 18th. This is a boost from Sprott’s previous quarterly dividend of $0.25. This represents a $1.20 annualized dividend and a dividend yield of 2.75%. Sprott’s dividend payout ratio (DPR) is currently 54.95%.

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.