PDT Partners LLC Purchases 2,238 Shares of Sprott Inc. (NYSE:SII)

PDT Partners LLC boosted its holdings in Sprott Inc. (NYSE:SII) by 10.2% in the third quarter, according to its most recent filing with the SEC. The institutional investor owned 24,241 shares of the company’s stock after buying an additional 2,238 shares during the period. PDT Partners LLC owned 0.09% of Sprott worth $1,050,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of SII. Global Alpha Capital Management Ltd. grew its position in shares of Sprott by 47.1% during the third quarter. Global Alpha Capital Management Ltd. now owns 587,408 shares of the company’s stock worth $25,453,000 after purchasing an additional 187,993 shares in the last quarter. CWA Asset Management Group LLC purchased a new stake in Sprott during the 3rd quarter valued at approximately $9,843,000. Lloyd Harbor Capital Management LLC bought a new stake in shares of Sprott during the second quarter valued at approximately $6,002,000. Crawford Fund Management LLC boosted its position in shares of Sprott by 11.7% during the third quarter. Crawford Fund Management LLC now owns 99,139 shares of the company’s stock worth $4,296,000 after acquiring an additional 10,400 shares during the last quarter. Finally, Clean Energy Transition LLP bought a new position in shares of Sprott during the second quarter worth $3,821,000. 28.30% of the stock is owned by institutional investors.

Sprott Stock Performance

Shares of NYSE SII opened at $44.35 on Monday. The firm’s fifty day moving average is $44.34 and its two-hundred day moving average is $43.25. Sprott Inc. has a 52-week low of $31.28 and a 52-week high of $48.00. The company has a market cap of $1.15 billion, a P/E ratio of 24.37 and a beta of 1.09. The company has a debt-to-equity ratio of 0.06, a quick ratio of 3.30 and a current ratio of 3.30.

Sprott Increases Dividend

The company 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 $0.30 dividend. This represents a $1.20 annualized dividend and a dividend yield of 2.71%. This is a boost from Sprott’s previous quarterly dividend of $0.25. The ex-dividend date of this dividend is Monday, November 18th. Sprott’s payout ratio is 65.93%.

Sprott Company 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.