Northside Capital Management LLC Has $729,000 Stock Holdings in Dorchester Minerals, L.P. (NASDAQ:DMLP)

Northside Capital Management LLC decreased its stake in Dorchester Minerals, L.P. (NASDAQ:DMLP) by 3.0% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 21,860 shares of the energy company’s stock after selling 672 shares during the quarter. Northside Capital Management LLC’s holdings in Dorchester Minerals were worth $729,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also recently added to or reduced their stakes in the company. HWG Holdings LP acquired a new stake in shares of Dorchester Minerals during the second quarter worth about $30,000. JPMorgan Chase & Co. raised its position in shares of Dorchester Minerals by 62.6% during the third quarter. JPMorgan Chase & Co. now owns 1,444 shares of the energy company’s stock worth $44,000 after purchasing an additional 556 shares during the period. LGT Financial Advisors LLC acquired a new stake in shares of Dorchester Minerals during the third quarter worth about $166,000. MADDEN SECURITIES Corp acquired a new stake in shares of Dorchester Minerals during the third quarter worth about $223,000. Finally, Atomi Financial Group Inc. raised its position in shares of Dorchester Minerals by 29.0% during the third quarter. Atomi Financial Group Inc. now owns 8,697 shares of the energy company’s stock worth $262,000 after purchasing an additional 1,954 shares during the period. Institutional investors and hedge funds own 19.21% of the company’s stock.

Dorchester Minerals Price Performance

NASDAQ DMLP opened at $33.64 on Thursday. The firm has a market cap of $1.59 billion, a P/E ratio of 12.10 and a beta of 1.09. The stock’s 50-day moving average is $33.32 and its 200-day moving average is $31.84. Dorchester Minerals, L.P. has a one year low of $28.41 and a one year high of $35.74.

Dorchester Minerals (NASDAQ:DMLP) last issued its quarterly earnings results on Thursday, October 31st. The energy company reported $0.87 earnings per share for the quarter. The company had revenue of $53.47 million during the quarter. Dorchester Minerals had a net margin of 66.02% and a return on equity of 48.81%.

Insider Activity at Dorchester Minerals

In related news, insider Minerals Operating Dorchester acquired 6,500 shares of the business’s stock in a transaction dated Monday, December 23rd. The stock was bought at an average price of $32.21 per share, with a total value of $209,365.00. Following the acquisition, the insider now owns 28,728 shares in the company, valued at $925,328.88. This represents a 29.24 % increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CFO Leslie A. Moriyama acquired 12,050 shares of the stock in a transaction dated Tuesday, December 3rd. The shares were purchased at an average price of $34.41 per share, for a total transaction of $414,640.50. Following the completion of the purchase, the chief financial officer now directly owns 83,450 shares in the company, valued at $2,871,514.50. The trade was a 16.88 % increase in their ownership of the stock. The disclosure for this purchase can be found here. Over the last 90 days, insiders acquired 41,152 shares of company stock valued at $1,388,552. Corporate insiders own 7.10% of the company’s stock.

Dorchester Minerals Company Profile

Dorchester Minerals, L.P. engages in the acquisition, ownership, and administration of royalty properties in the United States. Its royalty properties include producing and nonproducing mineral, royalty, overriding royalty, net profits, and leasehold interests in 593 counties and parishes in 28 states; and net profits interests represent net profits overriding royalty interests in various properties owned by the operating partnership.