A-Mark Precious Metals, Inc. (NASDAQ:AMRK) Shares Sold by Linden Thomas Advisory Services LLC

Linden Thomas Advisory Services LLC trimmed its holdings in shares of A-Mark Precious Metals, Inc. (NASDAQ:AMRK) by 5.3% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 7,920 shares of the company’s stock after selling 444 shares during the period. Linden Thomas Advisory Services LLC’s holdings in A-Mark Precious Metals were worth $217,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of AMRK. Hobbs Group Advisors LLC purchased a new position in shares of A-Mark Precious Metals in the 3rd quarter valued at $26,000. Quarry LP raised its position in A-Mark Precious Metals by 94.1% in the second quarter. Quarry LP now owns 1,112 shares of the company’s stock valued at $36,000 after purchasing an additional 539 shares during the period. Strategic Investment Solutions Inc. IL purchased a new position in A-Mark Precious Metals in the third quarter valued at about $88,000. nVerses Capital LLC lifted its stake in shares of A-Mark Precious Metals by 157.1% during the third quarter. nVerses Capital LLC now owns 3,600 shares of the company’s stock worth $159,000 after purchasing an additional 2,200 shares in the last quarter. Finally, SG Americas Securities LLC boosted its position in shares of A-Mark Precious Metals by 14.5% in the fourth quarter. SG Americas Securities LLC now owns 7,511 shares of the company’s stock worth $206,000 after buying an additional 949 shares during the period. 75.25% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several equities research analysts recently commented on the company. DA Davidson dropped their target price on A-Mark Precious Metals from $52.00 to $43.00 and set a “buy” rating on the stock in a report on Thursday, November 7th. StockNews.com upgraded shares of A-Mark Precious Metals from a “sell” rating to a “hold” rating in a research note on Thursday, December 19th. Four analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Hold” and a consensus price target of $46.33.

A-Mark Precious Metals Price Performance

Shares of NASDAQ AMRK opened at $27.16 on Tuesday. The business has a 50 day moving average price of $28.12 and a two-hundred day moving average price of $35.07. A-Mark Precious Metals, Inc. has a fifty-two week low of $24.22 and a fifty-two week high of $47.39. The firm has a market cap of $629.57 million, a PE ratio of 11.56 and a beta of -0.01. The company has a quick ratio of 0.37, a current ratio of 1.66 and a debt-to-equity ratio of 0.51.

A-Mark Precious Metals Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, January 28th. Investors of record on Tuesday, January 14th will be paid a $0.20 dividend. The ex-dividend date is Tuesday, January 14th. This represents a $0.80 dividend on an annualized basis and a dividend yield of 2.95%. A-Mark Precious Metals’s dividend payout ratio (DPR) is presently 34.04%.

A-Mark Precious Metals Company Profile

A-Mark Precious Metals, Inc, together with its subsidiaries, operates as a precious metals trading company. It operates through three segments: Wholesale Sales & Ancillary Services, Direct-to-Consumer, and Secured Lending. The Wholesale Sales & Ancillary Services segment sells gold, silver, platinum, and palladium in the form of bars, plates, powders, wafers, grains, ingots, and coins.