Global Alpha Capital Management Ltd. Grows Stake in Sprott Inc. (NYSE:SII)

Global Alpha Capital Management Ltd. boosted its holdings in shares of Sprott Inc. (NYSE:SII) by 47.1% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 587,408 shares of the company’s stock after acquiring an additional 187,993 shares during the period. Sprott accounts for approximately 1.7% of Global Alpha Capital Management Ltd.’s investment portfolio, making the stock its 27th biggest position. Global Alpha Capital Management Ltd. owned about 2.27% of Sprott worth $25,453,000 as of its most recent SEC filing.

Several other large investors also recently bought and sold shares of the business. Murchinson Ltd. acquired a new position in Sprott in the 1st quarter valued at about $18,480,000. CWA Asset Management Group LLC purchased a new stake in shares of Sprott in the 3rd quarter valued at approximately $9,843,000. Lloyd Harbor Capital Management LLC purchased a new position in shares of Sprott in the 2nd quarter valued at $6,002,000. Clean Energy Transition LLP acquired a new stake in Sprott during the 2nd quarter worth $3,821,000. Finally, Regal Partners Ltd acquired a new stake in shares of Sprott in the 3rd quarter worth $2,875,000. Hedge funds and other institutional investors own 28.30% of the company’s stock.

Sprott Stock Performance

NYSE:SII opened at $43.69 on Wednesday. The company has a market capitalization of $1.13 billion, a P/E ratio of 24.01 and a beta of 1.09. Sprott Inc. has a twelve month low of $30.00 and a twelve month high of $48.00. The company has a current ratio of 3.30, a quick ratio of 3.30 and a debt-to-equity ratio of 0.06. The firm has a 50-day moving average price of $43.94 and a two-hundred day moving average price of $43.15.

Sprott Increases Dividend

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

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.