Atlas Wealth Partners LLC Buys 2,825 Shares of San Juan Basin Royalty Trust (NYSE:SJT)

Atlas Wealth Partners LLC boosted its stake in shares of San Juan Basin Royalty Trust (NYSE:SJT) by 16.4% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 20,050 shares of the oil and gas producer’s stock after buying an additional 2,825 shares during the quarter. Atlas Wealth Partners LLC’s holdings in San Juan Basin Royalty Trust were worth $77,000 as of its most recent SEC filing.

Other large investors also recently added to or reduced their stakes in the company. Clear Harbor Asset Management LLC purchased a new position in shares of San Juan Basin Royalty Trust during the fourth quarter valued at $147,000. Virtu Financial LLC purchased a new position in San Juan Basin Royalty Trust during the 3rd quarter valued at about $150,000. Mountaineer Partners Management LLC raised its holdings in shares of San Juan Basin Royalty Trust by 260.5% in the 3rd quarter. Mountaineer Partners Management LLC now owns 2,660,500 shares of the oil and gas producer’s stock valued at $9,844,000 after purchasing an additional 1,922,570 shares in the last quarter. Ingalls & Snyder LLC lifted its position in shares of San Juan Basin Royalty Trust by 60.0% in the 3rd quarter. Ingalls & Snyder LLC now owns 55,694 shares of the oil and gas producer’s stock worth $206,000 after purchasing an additional 20,896 shares during the period. Finally, Horizon Kinetics Asset Management LLC boosted its stake in shares of San Juan Basin Royalty Trust by 23.2% during the third quarter. Horizon Kinetics Asset Management LLC now owns 1,291,926 shares of the oil and gas producer’s stock valued at $4,780,000 after purchasing an additional 242,871 shares in the last quarter. 10.42% of the stock is owned by hedge funds and other institutional investors.

San Juan Basin Royalty Trust Stock Up 2.7 %

Shares of NYSE:SJT opened at $4.18 on Wednesday. The firm has a 50 day moving average of $4.13 and a 200 day moving average of $3.92. The company has a market capitalization of $194.83 million, a price-to-earnings ratio of 15.48 and a beta of 0.86. San Juan Basin Royalty Trust has a 52 week low of $3.21 and a 52 week high of $5.81.

San Juan Basin Royalty Trust Profile

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.