Raymond James Financial Inc. purchased a new stake in shares of San Juan Basin Royalty Trust (NYSE:SJT - Free Report) in the fourth quarter, according to its most recent filing with the SEC. The firm purchased 204,497 shares of the oil and gas producer's stock, valued at approximately $783,000. Raymond James Financial Inc. owned 0.44% of San Juan Basin Royalty Trust at the end of the most recent quarter.
Several other institutional investors have also modified their holdings of SJT. Private Advisor Group LLC purchased a new stake in shares of San Juan Basin Royalty Trust in the 4th quarter worth about $102,000. Oxbow Advisors LLC purchased a new position in shares of San Juan Basin Royalty Trust during the 4th quarter worth approximately $43,000. Virtu Financial LLC acquired a new position in shares of San Juan Basin Royalty Trust during the 3rd quarter worth approximately $150,000. Atlas Wealth Partners LLC lifted its stake 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 buying an additional 2,825 shares in the last quarter. Finally, Clear Harbor Asset Management LLC acquired a new stake in San Juan Basin Royalty Trust during the 4th quarter valued at $147,000. Hedge funds and other institutional investors own 10.42% of the company's stock.
San Juan Basin Royalty Trust Trading Down 0.1 %
Shares of NYSE SJT traded down $0.01 during trading on Thursday, reaching $5.15. The company had a trading volume of 244,450 shares, compared to its average volume of 245,165. San Juan Basin Royalty Trust has a twelve month low of $3.21 and a twelve month high of $5.79. The stock has a 50-day moving average price of $4.97 and a two-hundred day moving average price of $4.39. The stock has a market capitalization of $239.80 million, a PE ratio of 19.06 and a beta of 0.78.
San Juan Basin Royalty Trust Profile
(
Free Report)
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.
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