Kingswood Wealth Advisors LLC bought a new position in San Juan Basin Royalty Trust (NYSE:SJT - Free Report) during the 1st quarter, according to its most recent filing with the SEC. The institutional investor bought 279,035 shares of the oil and gas producer's stock, valued at approximately $1,540,000. Kingswood Wealth Advisors LLC owned approximately 0.60% of San Juan Basin Royalty Trust at the end of the most recent reporting period.
Several other institutional investors and hedge funds have also bought and sold shares of the company. Ashton Thomas Private Wealth LLC bought a new position in shares of San Juan Basin Royalty Trust in the 4th quarter worth $2,686,000. Principia Wealth Advisory LLC increased its holdings in shares of San Juan Basin Royalty Trust by 3,003.3% in the 1st quarter. Principia Wealth Advisory LLC now owns 653,767 shares of the oil and gas producer's stock worth $3,354,000 after buying an additional 632,700 shares during the last quarter. Horizon Kinetics Asset Management LLC increased its holdings in shares of San Juan Basin Royalty Trust by 40.4% in the 4th quarter. Horizon Kinetics Asset Management LLC now owns 1,814,214 shares of the oil and gas producer's stock worth $6,948,000 after buying an additional 522,288 shares during the last quarter. Cannell Capital LLC increased its holdings in shares of San Juan Basin Royalty Trust by 32.0% in the 4th quarter. Cannell Capital LLC now owns 1,830,244 shares of the oil and gas producer's stock worth $7,010,000 after buying an additional 443,604 shares during the last quarter. Finally, Lesa Sroufe & Co bought a new position in shares of San Juan Basin Royalty Trust in the 1st quarter worth $1,771,000. 10.42% of the stock is currently owned by hedge funds and other institutional investors.
San Juan Basin Royalty Trust Trading Down 2.4%
Shares of NYSE:SJT traded down $0.14 during trading on Monday, reaching $5.90. The company had a trading volume of 290,282 shares, compared to its average volume of 235,409. The company has a fifty day moving average of $6.31 and a two-hundred day moving average of $5.21. The stock has a market capitalization of $274.86 million, a P/E ratio of 295.00 and a beta of 0.69. San Juan Basin Royalty Trust has a 12 month low of $3.21 and a 12 month high of $7.22.
San Juan Basin Royalty Trust Company 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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