U.S. Global Investors (NASDAQ:GROW) Releases Earnings Results

U.S. Global Investors (NASDAQ:GROW) issued its earnings results on Friday. The asset manager reported ($0.07) EPS for the quarter, Zacks reports. The company had revenue of $2.51 million for the quarter. U.S. Global Investors had a return on equity of 1.86% and a net margin of 10.04%.

U.S. Global Investors Stock Performance

NASDAQ GROW opened at $3.26 on Friday. The company has a market cap of $42.25 million, a PE ratio of -326,000.00 and a beta of 0.64. The firm’s 50 day moving average price is $2.76 and its 200-day moving average price is $2.59. U.S. Global Investors has a 52-week low of $2.02 and a 52-week high of $3.65.

U.S. Global Investors Dividend Announcement

The firm also recently disclosed a monthly dividend, which will be paid on Monday, March 30th. Stockholders of record on Monday, March 16th will be paid a dividend of $0.0075 per share. The ex-dividend date is Monday, March 16th. This represents a c) dividend on an annualized basis and a dividend yield of 2.8%. U.S. Global Investors’s dividend payout ratio (DPR) is currently 150.00%.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reissued a “hold (c)” rating on shares of U.S. Global Investors in a research note on Monday, December 29th. One investment analyst has rated the stock with a Hold rating, According to data from MarketBeat, the stock currently has a consensus rating of “Hold”.

Institutional Trading of U.S. Global Investors

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Sandia Investment Management LP bought a new position in shares of U.S. Global Investors in the 4th quarter worth $106,000. Citadel Advisors LLC boosted its position in U.S. Global Investors by 52.1% during the third quarter. Citadel Advisors LLC now owns 43,625 shares of the asset manager’s stock valued at $120,000 after purchasing an additional 14,938 shares in the last quarter. Susquehanna International Group LLP grew its stake in U.S. Global Investors by 108.2% in the third quarter. Susquehanna International Group LLP now owns 94,036 shares of the asset manager’s stock valued at $259,000 after purchasing an additional 48,871 shares during the last quarter. Finally, Rothschild Wealth LLC bought a new position in U.S. Global Investors in the fourth quarter worth about $1,260,000. Institutional investors own 23.62% of the company’s stock.

About U.S. Global Investors

U.S. Global Investors, Inc is an independent asset management firm that specializes in natural resource and global equity investing. The company focuses on sectors such as precious metals, energy, agriculture and emerging markets, seeking long-term capital appreciation for individual and institutional investors. Its investment strategies are built around thematic, research-driven approaches that aim to capture opportunities across commodity cycles and global economic trends.

The firm offers a range of investment products, including open-end mutual funds, closed-end funds, exchange-traded funds and separately managed accounts.