A-Mark Precious Metals, Inc. (NASDAQ:AMRK) Position Raised by Epacria Capital Partners LLC

Epacria Capital Partners LLC grew its position in shares of A-Mark Precious Metals, Inc. (NASDAQ:AMRK) by 31.3% in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 16,600 shares of the company’s stock after acquiring an additional 3,955 shares during the quarter. Epacria Capital Partners LLC owned about 0.07% of A-Mark Precious Metals worth $733,000 as of its most recent filing with the SEC.

Several other institutional investors have also modified their holdings of the company. Riverwater Partners LLC increased its position in A-Mark Precious Metals by 385.1% in the 3rd quarter. Riverwater Partners LLC now owns 44,774 shares of the company’s stock valued at $2,001,000 after acquiring an additional 35,545 shares during the period. Evergreen Capital Management LLC increased its holdings in shares of A-Mark Precious Metals by 359.3% during the second quarter. Evergreen Capital Management LLC now owns 82,093 shares of the company’s stock valued at $2,657,000 after purchasing an additional 64,221 shares during the period. Nations Financial Group Inc. IA ADV increased its holdings in shares of A-Mark Precious Metals by 44.5% during the third quarter. Nations Financial Group Inc. IA ADV now owns 55,020 shares of the company’s stock valued at $2,430,000 after purchasing an additional 16,935 shares during the period. Driehaus Capital Management LLC bought a new stake in shares of A-Mark Precious Metals during the second quarter valued at about $5,702,000. Finally, Koss Olinger Consulting LLC acquired a new stake in A-Mark Precious Metals in the second quarter worth about $535,000. Institutional investors own 75.25% of the company’s stock.

A-Mark Precious Metals Price Performance

Shares of A-Mark Precious Metals stock opened at $30.48 on Friday. A-Mark Precious Metals, Inc. has a 52 week low of $24.22 and a 52 week high of $47.39. The company has a current ratio of 1.66, a quick ratio of 0.37 and a debt-to-equity ratio of 0.51. The company’s 50-day moving average price is $37.93 and its two-hundred day moving average price is $37.27. The stock has a market cap of $706.53 million, a PE ratio of 12.97 and a beta of -0.01.

A-Mark Precious Metals (NASDAQ:AMRK) last released its earnings results on Thursday, August 29th. The company reported $0.85 EPS for the quarter, missing the consensus estimate of $1.44 by ($0.59). The business had revenue of $2.52 billion for the quarter, compared to analyst estimates of $2.64 billion. A-Mark Precious Metals had a net margin of 0.57% and a return on equity of 10.93%. As a group, sell-side analysts anticipate that A-Mark Precious Metals, Inc. will post 3.54 EPS for the current fiscal year.

A-Mark Precious Metals Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, October 22nd. Shareholders of record on Tuesday, October 8th were issued a $0.20 dividend. The ex-dividend date of this dividend was Tuesday, October 8th. This represents a $0.80 annualized dividend and a dividend yield of 2.62%. A-Mark Precious Metals’s dividend payout ratio is currently 34.04%.

Wall Street Analyst Weigh In

Several equities analysts have commented on AMRK shares. DA Davidson lowered their target price on shares of A-Mark Precious Metals from $52.00 to $43.00 and set a “buy” rating on the stock in a research note on Thursday, November 7th. StockNews.com lowered shares of A-Mark Precious Metals from a “hold” rating to a “sell” rating in a research note on Friday, November 22nd. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and two have given a buy rating to the company. According to MarketBeat.com, A-Mark Precious Metals presently has a consensus rating of “Hold” and an average target price of $46.33.

Insider Activity

In other news, CEO Gregory N. Roberts sold 4,320 shares of the company’s stock in a transaction on Friday, September 20th. The stock was sold at an average price of $44.00, for a total transaction of $190,080.00. Following the completion of the sale, the chief executive officer now directly owns 28,202 shares of the company’s stock, valued at $1,240,888. This represents a 13.28 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Director Michael R. Wittmeyer sold 10,975 shares of A-Mark Precious Metals stock in a transaction dated Friday, September 20th. The stock was sold at an average price of $43.30, for a total value of $475,217.50. Following the completion of the transaction, the director now directly owns 292,535 shares in the company, valued at $12,666,765.50. This represents a 3.62 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 110,316 shares of company stock worth $4,911,036. Insiders own 48.64% of the company’s stock.

A-Mark Precious Metals 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.