6,464 Shares in Sprott Inc. (NYSE:SII) Purchased by Meixler Investment Management Ltd.

Meixler Investment Management Ltd. purchased a new stake in Sprott Inc. (NYSE:SII) during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm purchased 6,464 shares of the company’s stock, valued at approximately $273,000.

Other hedge funds also recently bought and sold shares of the company. Point72 Asset Management L.P. raised its position in Sprott by 1,685.7% in the 3rd quarter. Point72 Asset Management L.P. now owns 12,500 shares of the company’s stock valued at $541,000 after purchasing an additional 11,800 shares in the last quarter. Global Alpha Capital Management Ltd. raised its position in Sprott by 47.1% in the 3rd quarter. Global Alpha Capital Management Ltd. now owns 587,408 shares of the company’s stock valued at $25,453,000 after purchasing an additional 187,993 shares in the last quarter. Barclays PLC raised its position in Sprott by 7,753.4% in the 3rd quarter. Barclays PLC now owns 4,555 shares of the company’s stock valued at $197,000 after purchasing an additional 4,497 shares in the last quarter. Franklin Resources Inc. acquired a new stake in Sprott in the 3rd quarter valued at about $231,000. Finally, Geode Capital Management LLC raised its position in Sprott by 73.7% in the 3rd quarter. Geode Capital Management LLC now owns 33,962 shares of the company’s stock valued at $1,817,000 after purchasing an additional 14,409 shares in the last quarter. Institutional investors and hedge funds own 28.30% of the company’s stock.

Sprott Price Performance

Shares of NYSE SII opened at $42.88 on Friday. 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 Inc. has a fifty-two week low of $34.51 and a fifty-two week high of $48.00. The firm has a market capitalization of $1.11 billion, a PE ratio of 23.56 and a beta of 1.08. The stock’s 50-day simple moving average is $42.84 and its 200-day simple moving average is $42.90.

Analyst Upgrades and Downgrades

Separately, Canaccord Genuity Group began coverage on Sprott in a research report on Tuesday, January 21st. They issued a “buy” rating on the stock.

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.