Ameriflex Group Inc. purchased a new position in shares of San Juan Basin Royalty Trust (NYSE:SJT - Free Report) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 54,150 shares of the oil and gas producer's stock, valued at approximately $226,000. Ameriflex Group Inc. owned 0.12% of San Juan Basin Royalty Trust as of its most recent SEC filing.
Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Pecaut & CO. bought a new position in San Juan Basin Royalty Trust during the fourth quarter worth about $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 bought a new position in shares of San Juan Basin Royalty Trust in the fourth quarter valued at about $43,000. Rahlfs Capital LLC bought a new position in shares of San Juan Basin Royalty Trust in the fourth quarter valued at about $44,000. Finally, Morse Asset Management Inc bought a new position in shares of San Juan Basin Royalty Trust in the fourth quarter valued at about $66,000. Institutional investors own 10.42% of the company's stock.
San Juan Basin Royalty Trust Stock Performance
Shares of NYSE SJT traded down $0.29 during trading on Friday, reaching $6.32. The company had a trading volume of 271,919 shares, compared to its average volume of 241,319. San Juan Basin Royalty Trust has a 52 week low of $3.21 and a 52 week high of $7.22. The stock has a market cap of $294.57 million, a PE ratio of 23.41 and a beta of 0.70. The business's 50 day moving average price is $5.93 and its 200-day moving average price is $4.94.
About San Juan Basin Royalty Trust
(
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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