Ameriflex Group Inc. purchased a new stake in shares of San Juan Basin Royalty Trust (NYSE:SJT - Free Report) during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 54,150 shares of the oil and gas producer's stock, valued at approximately $226,000. Ameriflex Group Inc. owned approximately 0.12% of San Juan Basin Royalty Trust at the end of the most recent reporting period.
Other hedge funds have also recently modified their holdings of the company. Pecaut & CO. purchased a new stake in shares of San Juan Basin Royalty Trust during the fourth quarter valued at approximately $38,000. Mariner LLC bought a new position in San Juan Basin Royalty Trust in the 4th quarter valued at $40,000. Oxbow Advisors LLC purchased a new position in San Juan Basin Royalty Trust during the fourth quarter worth about $43,000. Rahlfs Capital LLC bought a new position in shares of San Juan Basin Royalty Trust in the fourth quarter worth approximately $44,000. Finally, Morse Asset Management Inc bought a new stake in shares of San Juan Basin Royalty Trust during the 4th quarter worth $66,000. Institutional investors own 10.42% of the company's stock.
San Juan Basin Royalty Trust Stock Down 2.2%
Shares of San Juan Basin Royalty Trust stock traded down $0.15 during trading on Thursday, reaching $6.61. The company's stock had a trading volume of 375,003 shares, compared to its average volume of 241,087. The company has a market cap of $308.04 million, a price-to-earnings ratio of 24.48 and a beta of 0.70. The firm's 50-day moving average is $5.89 and its two-hundred day moving average is $4.90. San Juan Basin Royalty Trust has a 52-week low of $3.21 and a 52-week high of $7.22.
San Juan Basin Royalty Trust Company Profile
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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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