Lesa Sroufe & Co purchased a new stake in San Juan Basin Royalty Trust (NYSE:SJT - Free Report) during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 320,329 shares of the oil and gas producer's stock, valued at approximately $1,771,000. San Juan Basin Royalty Trust makes up 1.8% of Lesa Sroufe & Co's holdings, making the stock its 24th biggest holding. Lesa Sroufe & Co owned 0.69% of San Juan Basin Royalty Trust as of its most recent SEC filing.
Other institutional investors have also recently modified their holdings of the company. Pecaut & CO. purchased a new stake in shares of San Juan Basin Royalty Trust in the fourth quarter valued at approximately $38,000. Mariner LLC acquired a new position in San Juan Basin Royalty Trust during the fourth quarter worth about $40,000. Oxbow Advisors LLC acquired a new position in San Juan Basin Royalty Trust during the fourth quarter worth about $43,000. Rahlfs Capital LLC acquired a new position in San Juan Basin Royalty Trust during the fourth quarter worth about $44,000. Finally, Morse Asset Management Inc acquired a new position in San Juan Basin Royalty Trust during the fourth quarter worth about $66,000. 10.42% of the stock is currently owned by hedge funds and other institutional investors.
San Juan Basin Royalty Trust Trading Up 2.2%
Shares of SJT opened at $6.83 on Tuesday. The firm's 50-day moving average is $6.19 and its two-hundred day moving average is $5.13. San Juan Basin Royalty Trust has a twelve month low of $3.21 and a twelve month high of $7.22. The firm has a market capitalization of $318.34 million, a P/E ratio of 25.30 and a beta of 0.69.
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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