StockNews.com began coverage on shares of U.S. Global Investors (NASDAQ:GROW – Free Report) in a research report sent to investors on Saturday. The firm issued a hold rating on the asset manager’s stock.
U.S. Global Investors Stock Up 1.5 %
U.S. Global Investors stock opened at $2.72 on Friday. The stock has a market cap of $38.43 million, a price-to-earnings ratio of 11.65 and a beta of 1.96. U.S. Global Investors has a 12-month low of $2.47 and a 12-month high of $3.30. The business’s 50-day simple moving average is $2.70 and its 200 day simple moving average is $2.77.
U.S. Global Investors (NASDAQ:GROW – Get Free Report) last announced its quarterly earnings data on Thursday, February 8th. The asset manager reported $0.09 earnings per share (EPS) for the quarter. U.S. Global Investors had a net margin of 25.04% and a return on equity of 6.24%. The firm had revenue of $2.82 million for the quarter.
U.S. Global Investors Increases Dividend
Institutional Inflows and Outflows
A hedge fund recently bought a new stake in U.S. Global Investors stock. Vima LLC acquired a new stake in U.S. Global Investors, Inc. (NASDAQ:GROW – Free Report) during the 4th quarter, according to its most recent disclosure with the SEC. The fund acquired 41,458 shares of the asset manager’s stock, valued at approximately $117,000. Vima LLC owned approximately 0.29% of U.S. Global Investors at the end of the most recent quarter. 23.62% of the stock is owned by institutional investors.
U.S. Global Investors Company Profile
U.S. Global Investors, Inc is a publicly owned investment manager. It primarily provides its services to investment companies. The firm is a large advisory firm, an investment adviser to an investment company which provides portfolio management for investment companies. The firm manages and launches equity/balanced funds, fixed income funds and other funds.
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