Sandstorm Gold Ltd. (NYSE:SAND) Shares Purchased by Koshinski Asset Management Inc.

Koshinski Asset Management Inc. lifted its holdings in Sandstorm Gold Ltd. (NYSE:SAND) by 37.9% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 28,933 shares of the company’s stock after acquiring an additional 7,950 shares during the quarter. Koshinski Asset Management Inc.’s holdings in Sandstorm Gold were worth $146,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Acadian Asset Management LLC purchased a new stake in Sandstorm Gold during the first quarter worth $25,000. Sequoia Financial Advisors LLC purchased a new stake in Sandstorm Gold during the third quarter worth $47,000. PNC Financial Services Group Inc. boosted its holdings in Sandstorm Gold by 49.2% during the second quarter. PNC Financial Services Group Inc. now owns 9,100 shares of the company’s stock worth $47,000 after buying an additional 3,000 shares in the last quarter. Anchor Investment Management LLC purchased a new stake in Sandstorm Gold during the fourth quarter worth $53,000. Finally, Cetera Advisor Networks LLC purchased a new stake in Sandstorm Gold during the fourth quarter worth $53,000. Institutional investors and hedge funds own 51.97% of the company’s stock.

Sandstorm Gold Stock Performance

Shares of NYSE SAND opened at $5.24 on Wednesday. The company’s fifty day moving average price is $4.76 and its 200 day moving average price is $4.76. Sandstorm Gold Ltd. has a 1 year low of $3.96 and a 1 year high of $6.24. The company has a market capitalization of $1.56 billion, a PE ratio of 37.43 and a beta of 1.10. The company has a debt-to-equity ratio of 0.30, a quick ratio of 3.32 and a current ratio of 3.32.

Sandstorm Gold (NYSE:SAND) last announced its quarterly earnings results on Thursday, February 15th. The company reported $0.08 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.02 by $0.06. The firm had revenue of $44.50 million for the quarter, compared to the consensus estimate of $46.30 million. Sandstorm Gold had a net margin of 23.22% and a return on equity of 2.89%. On average, research analysts predict that Sandstorm Gold Ltd. will post 0.07 earnings per share for the current year.

Sandstorm Gold Cuts Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, April 26th. Shareholders of record on Tuesday, April 16th will be issued a dividend of $0.0147 per share. This represents a $0.06 annualized dividend and a yield of 1.12%. The ex-dividend date of this dividend is Monday, April 15th. Sandstorm Gold’s payout ratio is 28.57%.

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.