XTX Topco Ltd Purchases Shares of 5,874 Sprott Inc. (NYSE:SII)

XTX Topco Ltd acquired a new position in shares of Sprott Inc. (NYSE:SII) in the third quarter, according to its most recent 13F filing with the SEC. The institutional investor acquired 5,874 shares of the company’s stock, valued at approximately $254,000.

A number of other institutional investors and hedge funds have also made changes to their positions in SII. SG Americas Securities LLC acquired a new position in shares of Sprott during the 2nd quarter valued at $170,000. Raymond James & Associates lifted its stake in shares of Sprott by 5.9% during the second quarter. Raymond James & Associates now owns 72,987 shares of the company’s stock worth $3,021,000 after purchasing an additional 4,095 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank boosted its position in shares of Sprott by 9.6% in the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 7,144 shares of the company’s stock worth $296,000 after buying an additional 626 shares during the period. Spinnaker Trust acquired a new stake in shares of Sprott in the second quarter valued at about $248,000. Finally, CIBC Asset Management Inc raised its holdings in shares of Sprott by 6.7% during the 2nd quarter. CIBC Asset Management Inc now owns 27,927 shares of the company’s stock valued at $1,157,000 after buying an additional 1,759 shares during the period. 28.30% of the stock is currently owned by institutional investors and hedge funds.

Sprott Trading Down 3.3 %

SII opened at $41.67 on Thursday. The firm’s 50 day moving average is $44.29 and its 200-day moving average is $43.10. 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 P/E ratio of 22.90 and a beta of 1.07.

Sprott Increases Dividend

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

About Sprott

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.