Cross Timbers Royalty Trust (NYSE:CRT - Get Free Report) announced a aug 25 dividend on Tuesday, August 19th, RTT News reports. Stockholders of record on Friday, August 29th will be given a dividend of 0.0134 per share by the oil and gas company on Monday, September 15th.
Cross Timbers Royalty Trust Stock Up 1.0%
Shares of NYSE:CRT traded up $0.0850 during midday trading on Friday, reaching $8.7850. The company's stock had a trading volume of 13,928 shares, compared to its average volume of 26,563. The firm has a market capitalization of $52.71 million, a P/E ratio of 9.55 and a beta of 0.17. The firm has a 50 day moving average of $9.40 and a 200-day moving average of $10.16. Cross Timbers Royalty Trust has a 12-month low of $8.46 and a 12-month high of $13.31.
Cross Timbers Royalty Trust (NYSE:CRT - Get Free Report) last announced its quarterly earnings results on Wednesday, August 13th. The oil and gas company reported $0.15 earnings per share (EPS) for the quarter. The company had revenue of $1.31 million for the quarter. Cross Timbers Royalty Trust had a net margin of 84.24% and a return on equity of 231.09%.
Hedge Funds Weigh In On Cross Timbers Royalty Trust
Hedge funds have recently bought and sold shares of the company. Bank of America Corp DE boosted its stake in Cross Timbers Royalty Trust by 81.3% in the 2nd quarter. Bank of America Corp DE now owns 3,596 shares of the oil and gas company's stock worth $36,000 after purchasing an additional 1,612 shares in the last quarter. PNC Financial Services Group Inc. boosted its stake in Cross Timbers Royalty Trust by 2,500.0% in the 1st quarter. PNC Financial Services Group Inc. now owns 10,400 shares of the oil and gas company's stock worth $137,000 after purchasing an additional 10,000 shares in the last quarter. Scotia Capital Inc. bought a new position in Cross Timbers Royalty Trust in the 2nd quarter worth about $109,000. Citadel Advisors LLC bought a new position in Cross Timbers Royalty Trust during the 4th quarter valued at about $132,000. Finally, Ritholtz Wealth Management bought a new position in Cross Timbers Royalty Trust during the 2nd quarter valued at about $169,000. Institutional investors own 9.74% of the company's stock.
About Cross Timbers Royalty Trust
(
Get Free Report)
Cross Timbers Royalty Trust operates as an express trust in the United States. It holds 90% net profits interests in certain producing and nonproducing royalty and overriding royalty interest properties in Texas, Oklahoma, and New Mexico; and 75% net profits working interest in four properties in Texas and three properties in Oklahoma.
Recommended Stories
Before you consider Cross Timbers Royalty Trust, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Cross Timbers Royalty Trust wasn't on the list.
While Cross Timbers Royalty Trust currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Enter your email address and we'll send you MarketBeat's list of ten stocks that are set to soar in Fall 2025, despite the threat of tariffs and other economic uncertainty. These ten stocks are incredibly resilient and are likely to thrive in any economic environment.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
