Horizon Kinetics Asset Management LLC increased its stake in San Juan Basin Royalty Trust (NYSE:SJT – Free Report) by 40.4% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,814,214 shares of the oil and gas producer’s stock after purchasing an additional 522,288 shares during the quarter. Horizon Kinetics Asset Management LLC owned about 3.89% of San Juan Basin Royalty Trust worth $6,948,000 at the end of the most recent quarter.
Several other institutional investors have also bought and sold shares of SJT. GSA Capital Partners LLP acquired a new stake in San Juan Basin Royalty Trust in the third quarter worth about $41,000. Prospera Private Wealth LLC acquired a new stake in San Juan Basin Royalty Trust in the 3rd quarter valued at about $34,000. Moors & Cabot Inc. lifted its holdings in San Juan Basin Royalty Trust by 33.4% in the 3rd quarter. Moors & Cabot Inc. now owns 117,950 shares of the oil and gas producer’s stock valued at $436,000 after acquiring an additional 29,550 shares during the last quarter. Ingalls & Snyder LLC lifted its holdings in 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 valued at $206,000 after acquiring an additional 20,896 shares during the last quarter. Finally, Mountaineer Partners Management LLC lifted its holdings in 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 acquiring an additional 1,922,570 shares during the last quarter. Institutional investors and hedge funds own 10.42% of the company’s stock.
San Juan Basin Royalty Trust Trading Up 1.4 %
Shares of NYSE SJT opened at $5.25 on Monday. San Juan Basin Royalty Trust has a twelve month low of $3.21 and a twelve month high of $5.72. The company has a market capitalization of $244.88 million, a price-to-earnings ratio of 19.46 and a beta of 0.84. The firm has a 50-day moving average of $4.58 and a two-hundred day moving average of $4.13.
About San Juan Basin Royalty Trust
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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