Samalin Investment Counsel LLC Takes $41,000 Position in U.S. Global Investors, Inc. (NASDAQ:GROW)

Samalin Investment Counsel LLC bought a new stake in U.S. Global Investors, Inc. (NASDAQ:GROWFree Report) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 16,700 shares of the asset manager’s stock, valued at approximately $41,000. Samalin Investment Counsel LLC owned 0.12% of U.S. Global Investors at the end of the most recent quarter.

U.S. Global Investors Trading Up 2.2 %

Shares of GROW opened at $2.32 on Monday. The company’s fifty day simple moving average is $2.39 and its 200-day simple moving average is $2.44. The company has a market cap of $30.98 million, a P/E ratio of 77.36 and a beta of 1.80. U.S. Global Investors, Inc. has a twelve month low of $2.20 and a twelve month high of $2.95.

U.S. Global Investors (NASDAQ:GROWGet Free Report) last posted its quarterly earnings results on Wednesday, February 12th. The asset manager reported ($0.01) EPS for the quarter. U.S. Global Investors had a return on equity of 1.05% and a net margin of 5.40%.

U.S. Global Investors Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Monday, April 28th. Stockholders of record on Monday, April 14th will be issued a $0.0075 dividend. This represents a $0.09 dividend on an annualized basis and a dividend yield of 3.88%. The ex-dividend date is Monday, April 14th. U.S. Global Investors’s payout ratio is presently 300.00%.

Analyst Ratings Changes

Separately, StockNews.com started coverage on shares of U.S. Global Investors in a research note on Thursday. They issued a “hold” rating on the stock.

View Our Latest Research Report on GROW

U.S. Global Investors Company Profile

(Free Report)

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.

See Also

Institutional Ownership by Quarter for U.S. Global Investors (NASDAQ:GROW)

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