Ullmann Wealth Partners Group LLC Invests $223,000 in Sandstorm Gold Ltd. (NYSE:SAND)

Ullmann Wealth Partners Group LLC purchased a new stake in shares of Sandstorm Gold Ltd. (NYSE:SAND) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 40,000 shares of the company’s stock, valued at approximately $223,000.

Other large investors have also modified their holdings of the company. Allworth Financial LP purchased a new position in shares of Sandstorm Gold in the 3rd quarter valued at about $60,000. JTC Employer Solutions Trustee Ltd acquired a new stake in Sandstorm Gold in the fourth quarter valued at approximately $72,000. Walleye Trading LLC acquired a new stake in Sandstorm Gold in the third quarter valued at approximately $85,000. Point72 Asia Singapore Pte. Ltd. purchased a new stake in shares of Sandstorm Gold in the second quarter valued at approximately $94,000. Finally, Fiduciary Alliance LLC lifted its position in shares of Sandstorm Gold by 119.4% during the 4th quarter. Fiduciary Alliance LLC now owns 22,735 shares of the company’s stock valued at $127,000 after buying an additional 12,375 shares in the last quarter. Institutional investors and hedge funds own 51.97% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts recently commented on SAND shares. HC Wainwright boosted their price target on shares of Sandstorm Gold from $11.50 to $12.00 and gave the stock a “buy” rating in a report on Monday, November 11th. StockNews.com cut shares of 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 issued a buy rating to the stock. According to MarketBeat, Sandstorm Gold currently has a consensus rating of “Hold” and an average price target of $8.50.

Sandstorm Gold Trading Down 1.3 %

Shares of SAND opened at $5.69 on Friday. Sandstorm Gold Ltd. has a 52-week low of $3.96 and a 52-week high of $6.50. The stock has a market cap of $1.69 billion, a PE ratio of 47.38 and a beta of 1.10. The firm’s fifty day moving average is $5.64 and its two-hundred day moving average is $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 (NYSE:SAND) last posted its quarterly 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 business had revenue of $44.70 million for 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%. Research analysts forecast that Sandstorm Gold Ltd. will post 0.09 earnings per share for the current fiscal year.

Sandstorm Gold Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, January 31st. Investors of record on Tuesday, January 21st will be issued a $0.02 dividend. This represents a $0.08 annualized dividend and a dividend yield of 1.41%. The ex-dividend date of this dividend is Tuesday, January 21st. This is a boost from Sandstorm Gold’s previous quarterly dividend of $0.02. Sandstorm Gold’s dividend payout ratio (DPR) is currently 50.00%.

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.