Private Advisor Group LLC Takes $102,000 Position in San Juan Basin Royalty Trust (NYSE:SJT)

Private Advisor Group LLC acquired a new stake in shares of San Juan Basin Royalty Trust (NYSE:SJT) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund acquired 26,633 shares of the oil and gas producer’s stock, valued at approximately $102,000. Private Advisor Group LLC owned approximately 0.06% of San Juan Basin Royalty Trust at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of the business. International Assets Investment Management LLC increased its position in shares of San Juan Basin Royalty Trust by 270.0% during the 3rd quarter. International Assets Investment Management LLC now owns 7,400 shares of the oil and gas producer’s stock worth $27,000 after purchasing an additional 5,400 shares during the last quarter. Meixler Investment Management Ltd. increased its position in shares of San Juan Basin Royalty Trust by 11.7% during the 3rd quarter. Meixler Investment Management Ltd. now owns 36,300 shares of the oil and gas producer’s stock worth $134,000 after purchasing an additional 3,800 shares during the last quarter. GSA Capital Partners LLP acquired a new position in shares of San Juan Basin Royalty Trust during the 3rd quarter worth approximately $41,000. Prospera Private Wealth LLC acquired a new position in shares of San Juan Basin Royalty Trust during the 3rd quarter worth approximately $34,000. Finally, Moors & Cabot Inc. increased its position in shares of San Juan Basin Royalty Trust by 33.4% during the 3rd quarter. Moors & Cabot Inc. now owns 117,950 shares of the oil and gas producer’s stock worth $436,000 after purchasing an additional 29,550 shares during the last quarter. Institutional investors own 10.42% of the company’s stock.

San Juan Basin Royalty Trust Stock Up 5.1 %

NYSE:SJT opened at $5.12 on Friday. The firm has a market capitalization of $238.64 million, a price-to-earnings ratio of 18.96 and a beta of 0.84. San Juan Basin Royalty Trust has a twelve month low of $3.21 and a twelve month high of $5.81. The stock’s 50 day moving average price is $4.43 and its two-hundred day moving average price is $4.05.

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.