North Star Investment Management Corp. Sells 7,503 Shares of Sprott Inc. (NYSE:SII)

North Star Investment Management Corp. decreased its position in Sprott Inc. (NYSE:SII) by 4.7% in the third quarter, according to its most recent Form 13F filing with the SEC. The firm owned 152,534 shares of the company’s stock after selling 7,503 shares during the period. North Star Investment Management Corp. owned 0.59% of Sprott worth $6,606,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of the company. Toronto Dominion Bank lifted its holdings in shares of Sprott by 64.2% in the 2nd quarter. Toronto Dominion Bank now owns 693 shares of the company’s stock worth $29,000 after buying an additional 271 shares during the period. Point72 Asset Management L.P. bought a new position in Sprott during the 2nd quarter worth about $29,000. Mather Group LLC. increased its position in Sprott by 107.1% during the 2nd quarter. Mather Group LLC. now owns 874 shares of the company’s stock valued at $36,000 after purchasing an additional 452 shares during the period. Lazard Asset Management LLC bought a new stake in shares of Sprott in the 1st quarter valued at about $39,000. Finally, ORG Partners LLC purchased a new stake in shares of Sprott in the 2nd quarter worth approximately $153,000. Institutional investors own 28.30% of the company’s stock.

Sprott Stock Up 2.0 %

Shares of NYSE SII traded up $0.89 during midday trading on Tuesday, reaching $44.37. 9,439 shares of the company’s stock traded hands, compared to its average volume of 108,310. The company has a market cap of $1.15 billion, a price-to-earnings ratio of 27.18 and a beta of 1.09. Sprott Inc. has a one year low of $28.70 and a one year high of $48.00. The company has a quick ratio of 3.02, a current ratio of 3.02 and a debt-to-equity ratio of 0.10. The stock’s 50 day simple moving average is $43.29 and its 200-day simple moving average is $42.91.

Sprott (NYSE:SII) last announced its quarterly earnings results on Wednesday, August 7th. The company reported $0.51 earnings per share (EPS) for the quarter. The business had revenue of $47.99 million for the quarter. Sprott had a return on equity of 13.50% and a net margin of 26.46%.

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.