Trexquant Investment LP Has $299,000 Holdings in A-Mark Precious Metals, Inc. (NASDAQ:AMRK)

Trexquant Investment LP decreased its position in shares of A-Mark Precious Metals, Inc. (NASDAQ:AMRK) by 71.3% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 10,907 shares of the company’s stock after selling 27,075 shares during the period. Trexquant Investment LP’s holdings in A-Mark Precious Metals were worth $299,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently modified their holdings of AMRK. Geode Capital Management LLC increased its holdings in A-Mark Precious Metals by 1.3% during the 4th quarter. Geode Capital Management LLC now owns 437,464 shares of the company’s stock valued at $11,989,000 after purchasing an additional 5,672 shares in the last quarter. EntryPoint Capital LLC acquired a new stake in shares of A-Mark Precious Metals in the fourth quarter valued at $474,000. Fox Run Management L.L.C. bought a new position in shares of A-Mark Precious Metals in the fourth quarter valued at about $425,000. KLP Kapitalforvaltning AS bought a new position in shares of A-Mark Precious Metals in the fourth quarter valued at about $200,000. Finally, Sei Investments Co. lifted its position in A-Mark Precious Metals by 11.9% during the 4th quarter. Sei Investments Co. now owns 150,892 shares of the company’s stock worth $4,134,000 after buying an additional 15,988 shares in the last quarter. Institutional investors own 75.25% of the company’s stock.

Analyst Ratings Changes

A number of brokerages have recently issued reports on AMRK. DA Davidson reiterated a “buy” rating and set a $35.00 target price on shares of A-Mark Precious Metals in a research report on Tuesday, March 11th. Northland Securities reduced their price objective 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. Finally, StockNews.com raised 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 given a buy rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $41.75.

A-Mark Precious Metals Price Performance

Shares of AMRK stock opened at $23.82 on Monday. The firm’s 50 day moving average price is $26.61 and its two-hundred day moving average price is $30.34. The stock has a market cap of $548.31 million, a PE ratio of 11.62 and a beta of 0.41. A-Mark Precious Metals, Inc. has a 52-week low of $20.60 and a 52-week high of $47.39. The company has a debt-to-equity ratio of 0.34, a quick ratio of 0.31 and a current ratio of 1.58.

A-Mark Precious Metals (NASDAQ:AMRK) last announced its quarterly earnings data on Thursday, February 6th. The company reported $0.55 EPS for the quarter, missing analysts’ consensus estimates 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%. As a group, analysts forecast that A-Mark Precious Metals, Inc. will post 2.11 EPS for the current year.

A-Mark Precious Metals Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, April 29th. Investors of record on Tuesday, April 15th will be given a $0.20 dividend. The ex-dividend date is Tuesday, April 15th. This represents a $0.80 dividend on an annualized basis and a dividend yield of 3.36%. A-Mark Precious Metals’s dividend payout ratio is 39.02%.

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.