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US Global Invstr - GROW STOCK NEWS

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About U.S. Global Investors

U.S. Global Investors (GROW) is a registered investment adviser with a storied legacy spanning over five decades. Originating as an investment club, the firm has evolved into a sophisticated global investment manager headquartered in San Antonio, Texas, and helmed by CEO Frank Holmes since 1989. The company has consistently leveraged its extensive market experience to provide innovative investment products and specialized services tailored to both individual and institutional investors.

Core Business and Investment Strategy

The firm’s primary focus is on investment management services and strategic corporate investments. Its revenue is predominantly generated through advisory fees associated with managing U.S. Global Investors Funds and a diversified suite of thematic exchange-traded funds (ETFs). A pivotal element of its strategy is the adoption of the Smart Beta 2.0 approach— an advanced methodology that blends passive investment techniques with dynamic, factor-based quantitative analysis to construct resilient and diversified portfolios.

Specialized Market Focus

U.S. Global Investors has carved out a distinguished niche by specializing in sectors that include gold and precious metals, natural resources, and emerging markets. Their innovative suite of thematic ETFs extends to industries such as global airlines, travel, technology, and aerospace-defense. This focused expertise enables the firm to capture and exploit unique market trends using both quantitative metrics and thorough fundamental analysis.

Global Presence and Industry Position

Operating in a complex global market, the company has adeptly navigated economic cycles and sector-specific challenges by emphasizing rigorous research, transparent governance, and a disciplined investment methodology. Its global presence is underscored by a series of pioneering thematic investment products that offer exposure to high-conviction sectors, thereby setting the firm apart in a competitive advisory landscape.

Commitment to Transparency and Shareholder Value

The firm maintains a steadfast commitment to transparency and robust corporate governance. U.S. Global Investors consistently demonstrates its focus on enhancing shareholder value through meticulously structured dividend policies and strategic share repurchase programs. This commitment, combined with its long-term disciplined investment approach, reinforces its trustworthiness and reliability among investors.

Expertise, Experience, and Trustworthiness

With over 50 years of market experience, U.S. Global Investors is recognized for its deep expertise and innovative investment strategies. The integration of its Smart Beta 2.0 framework allows the firm to adeptly balance risk and reward, ensuring that its investment products remain resilient in volatile markets. This blend of accumulated experience, strategic market focus, and rigorous analytical foundations forms the bedrock of its reputation as a trusted global investment adviser.

Rhea-AI Summary

U.S. Global Investors (NASDAQ: GROW) reported $11 million in revenue for fiscal year 2024, with net income of $1.3 million, down from $3.1 million the previous year. The company's average assets under management (AUM) stood at $1.9 billion, with total AUM of $1.6 billion as of June 30, 2024. Despite challenges in the airline industry, the company remains optimistic, particularly following the reversal of the yield curve. U.S. Global Investors achieved a strong shareholder yield of 9.41%, repurchasing 767,651 shares at a cost of $2.2 million. The company maintains a healthy liquidity position with $27.4 million in cash and cash equivalents. U.S. Global Investors continues to expand globally, listing a new ETF in Colombia and merging its JETS UCITS ETF with the Travel UCITS ETF (TRIP).

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U.S. Global Investors (Nasdaq: GROW) has announced a webcast scheduled for September 11, 2024, at 07:30 a.m. Central time to discuss the company's fiscal year 2024 results. The financial data for the quarter will be released before the webcast. Key participants in the webcast include CEO and Chief Investment Officer Frank Holmes, CFO Lisa Callicotte, and Director of Marketing Holly Schoenfeldt. This event provides an opportunity for investors and analysts to gain insights into the company's performance and future outlook directly from its leadership team.

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U.S. Global Investors (NASDAQ: GROW) has announced the listing of its U.S. Global Jets ETF (NYSE: JETS) on the Colombian Securities Exchange. This expansion into Colombia follows previous listings in New York (2015), Peru (2020), and Mexico (2021). The move aims to capitalize on Colombia's strong post-pandemic tourism growth and the booming global travel sector.

Key points:

  • JETS offers exposure to the $2 trillion tourism industry
  • Colombia saw a 4% increase in international tourist arrivals between 2019-2022
  • The global travel sector contributed 9% to the global economy in 2023
  • JETS uses a quantitative approach for stock selection, including Latin American companies
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U.S. Global Investors (NASDAQ: GROW) announces the continuation of its monthly dividends at $0.0075 per share from July to September 2024. The annualized yield is 3.46% based on the June 12, 2024 closing price of $2.60. The company has also significantly increased its share buybacks, purchasing 59,891 shares in May 2024, a 45% rise from the previous year. This move underscores the firm's commitment to shareholder value. Additionally, the surge in gold prices has boosted interest in U.S. Global Investors' gold-themed products. The International Air Transport Association (IATA) has upgraded profitability projections for airlines in 2024 to $30.5 billion, benefiting the company's airline-focused ETF. Elliot Management has also invested nearly $2 billion in Southwest Airlines, a top holding in U.S. Global Investors' ETF.

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U.S. Global Investors, Inc. reported resilient results for the challenging March quarter, with operating revenues of $2.6 million. Despite a decrease in advisory fees, lower investment income, and AUM, the Company maintained a shareholder yield of 8.32%. Quarterly share repurchases increased 9.4% year-over-year. The merger of London-listed JETS with TRIP is expected to increase AUM fivefold, solidifying the Company's position in thematic investing. The surge in gold prices and central bank demand positively impact GOAU. The Company's healthy liquidity and capital resources position it well to meet obligations.

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U.S. Global Investors announces the merger of its Europe-domiciled airlines ETF into the Travel UCITS ETF, expanding investment opportunities in the global travel industry. The Company acquired TRIP from HANetf, effective April 19, 2024.
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U.S. Global Investors, Inc. (NASDAQ: GROW) announces a significant increase in share repurchases, with 102,636 shares bought in February 2024 at a net cost of $281,000. The Board also raised the buyback program limit to $5 million, showing confidence in the company's future. Monthly dividends of $0.0075 per share are approved from April to June 2024, offering a 3.45% yield. The company achieved a total shareholder yield of 7.9% in 2023. Additionally, gold prices hit a new all-time high, benefiting the gold mining industry. U.S. Global Investors' smart beta thematic funds focus on gold-related investments, emphasizing a quantitative approach to screening companies.
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U.S. Global Investors, Inc. (NASDAQ: GROW) reported a 45% increase in net income, reaching $1.2 million, or $0.09 per share, in the quarter ended December 31, 2023, compared to a net loss of $176,000 in the previous quarter. The growth in net income was due to a significant increase in net investment income, which was $1.4 million, compared to $116,000 for the same period a year earlier. Operating revenues were $2.8 million, and total assets under management (AUM) at quarter end were $2.1 billion, down from AUM of $2.4 billion a year ago. The decline in assets was driven by the U.S. Global Jets ETF (NYSE: JETS), which saw net outflows in 2023 as many foreign investors cut their exposure to ETFs due to fear of a global recession. The company continues to strengthen the economic moat around its ETF offerings, JETS and the U.S. Global GO GOLD and Precious Metal Miners ETF (NYSE: GOAU), and had net working capital of approximately $38.3 million as of December 31, 2023, with approximately $27.5 million in cash and cash equivalents.
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Stonegate Capital Partners updates their coverage on U.S. Global Investors, Inc., highlighting a 359% increase in 1Q24 stock repurchases compared to 1Q23, $1.8 billion in assets under management as of September 2023, and strong cash reserves of $27 million with no debt.
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U.S. Global Investors, Inc. (NASDAQ: GROW) announced the repurchase of 93,907 shares in December 2023 at a net cost of almost $272,000. The CEO, Frank Holmes, highlighted the undervaluation of the stock and the benefits of share buybacks. Additionally, the U.S. Global GO GOLD and Precious Metal Miners ETF (NYSE: GOAU) ended 2023 in the top decile among 69 Equity Precious Metals funds, showcasing strong performance relative to its peers.
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FAQ

What is the current stock price of US Global Invstr (GROW)?

The current stock price of US Global Invstr (GROW) is $2.08 as of April 7, 2025.

What is the market cap of US Global Invstr (GROW)?

The market cap of US Global Invstr (GROW) is approximately 29.4M.

What is U.S. Global Investors?

U.S. Global Investors is a registered investment adviser with over 50 years of experience, specializing in niche global markets and innovative thematic ETFs.

What are the core business segments of the company?

The firm focuses on investment management services for its funds and thematic ETFs, as well as strategic corporate investments designed to boost value and maintain liquidity.

What is the Smart Beta 2.0 strategy?

Smart Beta 2.0 is an investment approach that combines passive investing with factor-based quantitative and fundamental analysis to build diversified portfolios and manage risk effectively.

Which specialized sectors does the company target?

The company has a focused expertise in areas such as gold and precious metals, natural resources, emerging markets, airlines, travel, and technology-driven sectors like aerospace and defense.

How does U.S. Global Investors create value for its shareholders?

It emphasizes transparency, disciplined investment practices, and strategic capital allocation through structured dividends and share repurchase programs to enhance shareholder value.

Who leads U.S. Global Investors?

Frank Holmes has been at the helm since 1989, guiding the company from its origins as an investment club to its current status as a reputable global investment adviser.

What differentiates U.S. Global Investors in the competitive investment advisory market?

Its longstanding market presence, innovative Smart Beta 2.0 strategy, specialized focus on niche sectors, and a commitment to transparent and research-driven investment practices set it apart.

How does the company manage risk in its investment products?

The firm combines quantitative analysis with comprehensive market research to construct diversified portfolios that effectively navigate market fluctuations and sector-specific risks.
US Global Invstr

Nasdaq:GROW

GROW Rankings

GROW Stock Data

29.43M
10.62M
5.83%
31.57%
0.35%
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