Koss Olinger Consulting LLC Sells 853 Shares of A-Mark Precious Metals, Inc. (NASDAQ:AMRK)

Koss Olinger Consulting LLC decreased its holdings in shares of A-Mark Precious Metals, Inc. (NASDAQ:AMRK) by 5.1% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 15,773 shares of the company’s stock after selling 853 shares during the period. Koss Olinger Consulting LLC owned 0.07% of A-Mark Precious Metals worth $432,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Hobbs Group Advisors LLC bought a new stake in shares of A-Mark Precious Metals during the 3rd quarter valued at about $26,000. Farther Finance Advisors LLC boosted its holdings in A-Mark Precious Metals by 446.6% in the fourth quarter. Farther Finance Advisors LLC now owns 2,252 shares of the company’s stock worth $62,000 after acquiring an additional 1,840 shares in the last quarter. SG Americas Securities LLC boosted its holdings in 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 acquiring an additional 949 shares in the last quarter. Victory Capital Management Inc. bought a new position in A-Mark Precious Metals in the third quarter worth approximately $226,000. Finally, Raymond James Financial Inc. bought a new position in A-Mark Precious Metals in the fourth quarter worth approximately $237,000. Institutional investors own 75.25% of the company’s stock.

A-Mark Precious Metals Stock Performance

Shares of A-Mark Precious Metals stock opened at $29.36 on Thursday. The company has a market cap of $675.84 million, a PE ratio of 14.32 and a beta of 0.07. A-Mark Precious Metals, Inc. has a 52 week low of $25.01 and a 52 week high of $47.39. The business has a 50 day moving average price of $27.63 and a 200-day moving average price of $32.79. The company has a quick ratio of 0.31, a current ratio of 1.58 and a debt-to-equity ratio of 0.34.

A-Mark Precious Metals (NASDAQ:AMRK) last issued its quarterly earnings data on Thursday, February 6th. The company reported $0.55 EPS for the quarter, missing the consensus estimate of $0.65 by ($0.10). A-Mark Precious Metals had a return on equity of 9.29% and a net margin of 0.46%. Equities analysts anticipate that A-Mark Precious Metals, Inc. will post 2.11 earnings per share for the current fiscal year.

A-Mark Precious Metals Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, January 28th. Investors of record on Tuesday, January 14th were given a dividend of $0.20 per share. This represents a $0.80 dividend on an annualized basis and a dividend yield of 2.72%. The ex-dividend date of this dividend was Tuesday, January 14th. A-Mark Precious Metals’s payout ratio is 39.02%.

Analyst Ratings Changes

Several research analysts have issued reports on the company. Northland Securities cut their price target on A-Mark Precious Metals from $40.00 to $36.00 and set a “market perform” rating on the stock in a report on Friday, February 7th. DA Davidson reiterated a “buy” rating and issued a $35.00 price target on shares of A-Mark Precious Metals in a report on Tuesday, March 11th. Finally, StockNews.com upgraded A-Mark Precious Metals from a “sell” rating to a “hold” rating in a report on Thursday, December 19th. Four investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. According to MarketBeat, A-Mark Precious Metals has a consensus rating of “Hold” and a consensus price target of $41.75.

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.