Savant Capital LLC purchased a new stake in shares of Texas Pacific Land Co. (NYSE:TPL – Free Report) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 200 shares of the financial services provider’s stock, valued at approximately $221,000.
A number of other institutional investors and hedge funds have also recently modified their holdings of the stock. Capital Performance Advisors LLP bought a new position in Texas Pacific Land during the 3rd quarter worth approximately $25,000. Quest Partners LLC bought a new stake in Texas Pacific Land during the 3rd quarter valued at $50,000. Harel Insurance Investments & Financial Services Ltd. purchased a new stake in Texas Pacific Land during the 4th quarter valued at $66,000. Thurston Springer Miller Herd & Titak Inc. grew its holdings in Texas Pacific Land by 21.1% in the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 69 shares of the financial services provider’s stock worth $76,000 after acquiring an additional 12 shares during the last quarter. Finally, Signaturefd LLC increased its position in shares of Texas Pacific Land by 16.9% in the third quarter. Signaturefd LLC now owns 90 shares of the financial services provider’s stock valued at $80,000 after acquiring an additional 13 shares during the period. 59.94% of the stock is owned by institutional investors.
Texas Pacific Land Trading Up 3.2 %
Texas Pacific Land stock opened at $1,416.25 on Wednesday. Texas Pacific Land Co. has a 1-year low of $493.40 and a 1-year high of $1,769.14. The firm has a market cap of $32.54 billion, a P/E ratio of 72.67 and a beta of 1.68. The firm has a 50-day moving average of $1,275.20 and a 200-day moving average of $1,142.49.
Texas Pacific Land Company Profile
Texas Pacific Land Corporation engages in the land and resource management, and water services and operations businesses. The company owns a 1/128th nonparticipating perpetual oil and gas royalty interest (NPRI) under approximately 85,000 acres of land; a 1/16th NPRI under approximately 371,000 acres of land; and approximately 4,000 additional net royalty acres, total of approximately 195,000 NRA located in the western part of Texas.
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