Dorchester Minerals, L.P. (NASDAQ:DMLP) Shares Bought by Albert D Mason Inc.

Albert D Mason Inc. lifted its position in shares of Dorchester Minerals, L.P. (NASDAQ:DMLP) by 1.8% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 29,940 shares of the energy company’s stock after purchasing an additional 525 shares during the quarter. Albert D Mason Inc.’s holdings in Dorchester Minerals were worth $998,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in the company. JPMorgan Chase & Co. increased its stake in shares of Dorchester Minerals by 62.6% in the 3rd quarter. JPMorgan Chase & Co. now owns 1,444 shares of the energy company’s stock valued at $44,000 after purchasing an additional 556 shares in the last quarter. Moors & Cabot Inc. increased its position in shares of Dorchester Minerals by 0.6% in the third quarter. Moors & Cabot Inc. now owns 102,550 shares of the energy company’s stock valued at $3,092,000 after buying an additional 639 shares in the last quarter. Redhawk Wealth Advisors Inc. raised its stake in shares of Dorchester Minerals by 7.8% during the 3rd quarter. Redhawk Wealth Advisors Inc. now owns 9,658 shares of the energy company’s stock worth $291,000 after buying an additional 701 shares during the period. HWG Holdings LP purchased a new position in shares of Dorchester Minerals during the 2nd quarter valued at approximately $30,000. Finally, Independent Advisor Alliance grew its stake in Dorchester Minerals by 1.4% in the 3rd quarter. Independent Advisor Alliance now owns 73,340 shares of the energy company’s stock valued at $2,211,000 after acquiring an additional 1,000 shares during the period. 19.21% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at Dorchester Minerals

In other Dorchester Minerals news, CEO Bradley J. Ehrman purchased 14,430 shares of the stock in a transaction that occurred on Tuesday, December 3rd. The shares were purchased at an average cost of $34.41 per share, for a total transaction of $496,536.30. Following the completion of the transaction, the chief executive officer now owns 29,622 shares of the company’s stock, valued at $1,019,293.02. The trade was a 94.98 % increase in their position. The acquisition was disclosed in a document filed with the SEC, which is available through the SEC website. Also, insider Minerals Operating Dorchester acquired 6,500 shares of the company’s stock in a transaction that occurred on Monday, December 23rd. The shares were acquired at an average cost of $32.21 per share, with a total value of $209,365.00. Following the purchase, the insider now owns 28,728 shares in the company, valued at $925,328.88. This represents a 29.24 % increase in their position. The disclosure for this purchase can be found here. Insiders bought 41,152 shares of company stock valued at $1,388,552 over the last quarter. 7.10% of the stock is currently owned by insiders.

Dorchester Minerals Stock Performance

NASDAQ:DMLP opened at $33.11 on Friday. The stock has a market capitalization of $1.57 billion, a PE ratio of 11.91 and a beta of 1.09. Dorchester Minerals, L.P. has a fifty-two week low of $28.41 and a fifty-two week high of $35.74. The company has a fifty day moving average of $33.31 and a two-hundred day moving average of $31.86.

Dorchester Minerals (NASDAQ:DMLP) last released its quarterly earnings results on Thursday, October 31st. The energy company reported $0.87 earnings per share for the quarter. Dorchester Minerals had a net margin of 66.02% and a return on equity of 48.81%. The firm had revenue of $53.47 million during the quarter.

About Dorchester Minerals

Dorchester Minerals, L.P. engages in the acquisition, ownership, and administration of royalty properties in the United States. Its royalty properties include producing and nonproducing mineral, royalty, overriding royalty, net profits, and leasehold interests in 593 counties and parishes in 28 states; and net profits interests represent net profits overriding royalty interests in various properties owned by the operating partnership.