C WorldWide Group Holding A S Buys 36,257 Shares of Sandstorm Gold Ltd. (NYSE:SAND)

C WorldWide Group Holding A S boosted its holdings in Sandstorm Gold Ltd. (NYSE:SAND) by 10.0% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 398,069 shares of the company’s stock after purchasing an additional 36,257 shares during the period. C WorldWide Group Holding A S owned about 0.13% of Sandstorm Gold worth $2,221,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also added to or reduced their stakes in the company. FNY Investment Advisers LLC lifted its stake in shares of Sandstorm Gold by 20.0% during the 4th quarter. FNY Investment Advisers LLC now owns 24,000 shares of the company’s stock worth $133,000 after buying an additional 4,000 shares during the last quarter. Money Concepts Capital Corp raised its stake in Sandstorm Gold by 3.1% in the 4th quarter. Money Concepts Capital Corp now owns 177,499 shares of the company’s stock worth $990,000 after purchasing an additional 5,393 shares in the last quarter. Private Advisor Group LLC raised its stake in Sandstorm Gold by 2.2% in the 3rd quarter. Private Advisor Group LLC now owns 314,963 shares of the company’s stock worth $1,890,000 after purchasing an additional 6,669 shares in the last quarter. Stansberry Asset Management LLC increased its holdings in Sandstorm Gold by 17.1% in the 3rd quarter. Stansberry Asset Management LLC now owns 46,569 shares of the company’s stock valued at $279,000 after buying an additional 6,817 shares during the period. Finally, Geode Capital Management LLC increased its holdings in Sandstorm Gold by 7.5% in the 3rd quarter. Geode Capital Management LLC now owns 125,681 shares of the company’s stock valued at $757,000 after buying an additional 8,728 shares during the period. Institutional investors own 51.97% of the company’s stock.

Sandstorm Gold Trading Down 3.3 %

Shares of Sandstorm Gold stock opened at $5.99 on Monday. The firm has a market capitalization of $1.77 billion, a PE ratio of 119.72 and a beta of 1.10. The company has a current ratio of 1.95, a quick ratio of 2.29 and a debt-to-equity ratio of 0.24. The firm’s 50 day moving average is $5.83 and its 200 day moving average is $5.82. Sandstorm Gold Ltd. has a 1 year low of $3.99 and a 1 year high of $6.67.

Sandstorm Gold (NYSE:SAND) last announced its quarterly earnings results on Tuesday, February 18th. The company reported $0.01 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.04 by ($0.03). Sandstorm Gold had a net margin of 8.11% and a return on equity of 0.98%. The company had revenue of $47.40 million for the quarter, compared to the consensus estimate of $67.49 million. During the same period last year, the firm posted ($0.04) earnings per share. Equities research analysts forecast that Sandstorm Gold Ltd. will post 0.18 earnings per share for the current fiscal year.

Sandstorm Gold Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, January 31st. Investors of record on Tuesday, January 21st were given a dividend of $0.02 per share. The ex-dividend date of this dividend was Tuesday, January 21st. This is an increase from Sandstorm Gold’s previous quarterly dividend of $0.02. This represents a $0.08 annualized dividend and a yield of 1.34%. Sandstorm Gold’s dividend payout ratio (DPR) is currently 120.02%.

Analyst Ratings Changes

Several equities analysts have commented on the stock. StockNews.com lowered shares of Sandstorm Gold from a “buy” rating to a “hold” rating in a report on Thursday, February 13th. HC Wainwright decreased their price target on shares of Sandstorm Gold from $12.00 to $11.50 and set a “buy” rating on the stock in a report on Wednesday, February 19th. Three research analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Hold” and an average price target of $8.38.

Sandstorm Gold Company Profile

Sandstorm Gold Ltd. operates as a gold royalty company. The company focuses on acquiring royalties and gold and other metals purchase agreements from companies that have advanced stage operating mines. It offers upfront payments for companies to acquire a stream and receives the right to purchase a percentage of a mine's production for the life of the mine.