FNY Investment Advisers LLC Has $133,000 Stake in Sandstorm Gold Ltd. (NYSE:SAND)

FNY Investment Advisers LLC boosted its holdings in Sandstorm Gold Ltd. (NYSE:SAND) by 20.0% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 24,000 shares of the company’s stock after buying an additional 4,000 shares during the period. FNY Investment Advisers LLC’s holdings in Sandstorm Gold were worth $133,000 as of its most recent SEC filing.

Other large investors have also bought and sold shares of the company. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp grew its position in shares of Sandstorm Gold by 2.2% during the 2nd quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp now owns 3,634,027 shares of the company’s stock worth $19,766,000 after buying an additional 78,032 shares during the period. Dimensional Fund Advisors LP boosted its stake in Sandstorm Gold by 42.2% during the 2nd quarter. Dimensional Fund Advisors LP now owns 3,149,232 shares of the company’s stock worth $17,162,000 after acquiring an additional 935,005 shares during the last quarter. Bank of Montreal Can grew its holdings in Sandstorm Gold by 2.7% during the second quarter. Bank of Montreal Can now owns 1,560,657 shares of the company’s stock valued at $8,511,000 after purchasing an additional 41,623 shares during the period. Sagil Capital LLP bought a new stake in Sandstorm Gold in the second quarter valued at approximately $8,041,000. Finally, Integrated Wealth Concepts LLC raised its holdings in Sandstorm Gold by 14.9% in the third quarter. Integrated Wealth Concepts LLC now owns 521,873 shares of the company’s stock worth $3,131,000 after purchasing an additional 67,759 shares during the period. 51.97% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several brokerages have recently issued reports on SAND. HC Wainwright boosted their price target on shares of Sandstorm Gold from $11.50 to $12.00 and gave the company a “buy” rating in a report on Monday, November 11th. StockNews.com cut Sandstorm Gold from a “buy” rating to a “hold” rating in a research note on Thursday, November 14th. Three analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $8.50.

Sandstorm Gold Stock Up 3.2 %

Sandstorm Gold stock opened at $5.72 on Wednesday. The company has a 50 day moving average of $5.65 and a 200-day moving average of $5.73. The company has a quick ratio of 2.29, a current ratio of 2.29 and a debt-to-equity ratio of 0.26. Sandstorm Gold Ltd. has a twelve month low of $3.96 and a twelve month high of $6.50. The stock has a market capitalization of $1.70 billion, a PE ratio of 47.67 and a beta of 1.10.

Sandstorm Gold (NYSE:SAND) last announced its earnings results on Thursday, November 7th. The company reported $0.02 earnings per share for the quarter, missing analysts’ consensus estimates of $0.03 by ($0.01). The company had revenue of $44.70 million during the quarter, compared to analyst estimates of $44.70 million. Sandstorm Gold had a return on equity of 2.44% and a net margin of 20.46%. On average, equities research analysts anticipate that Sandstorm Gold Ltd. will post 0.09 EPS for the current fiscal year.

Sandstorm Gold Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, January 31st. Investors of record on Tuesday, January 21st will be issued a dividend of $0.02 per share. The ex-dividend date of this dividend is Tuesday, January 21st. This is an increase from Sandstorm Gold’s previous quarterly dividend of $0.02. This represents a $0.08 dividend on an annualized basis and a dividend yield of 1.40%. Sandstorm Gold’s dividend payout ratio (DPR) is presently 41.67%.

Sandstorm Gold 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.