Two Sigma Investments LP reduced its holdings in San Juan Basin Royalty Trust (NYSE:SJT – Free Report) by 12.4% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 94,159 shares of the oil and gas producer’s stock after selling 13,340 shares during the quarter. Two Sigma Investments LP’s holdings in San Juan Basin Royalty Trust were worth $361,000 as of its most recent filing with the SEC.
A number of other large investors also recently modified their holdings of the business. Atlas Wealth Partners LLC lifted its position in San Juan Basin Royalty Trust by 16.4% in the 4th quarter. Atlas Wealth Partners LLC now owns 20,050 shares of the oil and gas producer’s stock valued at $77,000 after purchasing an additional 2,825 shares during the last quarter. Private Advisor Group LLC bought a new stake in San Juan Basin Royalty Trust in the 4th quarter valued at about $102,000. Oxbow Advisors LLC bought a new stake in San Juan Basin Royalty Trust in the 4th quarter valued at about $43,000. Raymond James Financial Inc. bought a new stake in San Juan Basin Royalty Trust in the 4th quarter valued at about $783,000. Finally, Ashton Thomas Private Wealth LLC bought a new stake in San Juan Basin Royalty Trust in the 4th quarter valued at about $2,686,000. 10.42% of the stock is currently owned by institutional investors.
San Juan Basin Royalty Trust Stock Up 1.8%
Shares of NYSE:SJT opened at $6.39 on Wednesday. The company has a market cap of $297.83 million, a PE ratio of 23.67 and a beta of 0.69. The company’s 50-day moving average price is $6.05 and its 200 day moving average price is $5.06. San Juan Basin Royalty Trust has a fifty-two week low of $3.21 and a fifty-two week high of $7.22.
San Juan Basin Royalty Trust Company Profile
San Juan Basin Royalty Trust operates as an express trust in Texas. The company has a 75% net overriding royalty interest in Southland’s oil and natural gas interests in properties located in the San Juan Basin in northwestern New Mexico. It also owns subject interests consist of working interests, royalty interests, overriding royalty interests, and other contractual rights in 119,000 net-producing acres in San Juan, Rio Arriba, and Sandoval Counties of northwestern New Mexico.
Read More
- Five stocks we like better than San Juan Basin Royalty Trust
- Stock Dividend Cuts Happen Are You Ready?
- AppLovin Dips on S&P 500 Snub, Morgan Stanley Lifts Target Anyway
- Investing in Construction Stocks
- Casey’s Surges on Strong Q4, More Gains Likely Ahead
- How to Use Stock Screeners to Find Stocks
- Government Mandate Sends eVTOL Stocks Flying
Want to see what other hedge funds are holding SJT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for San Juan Basin Royalty Trust (NYSE:SJT – Free Report).
Receive News & Ratings for San Juan Basin Royalty Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for San Juan Basin Royalty Trust and related companies with MarketBeat.com's FREE daily email newsletter.