11,211 Shares in San Juan Basin Royalty Trust (NYSE:SJT) Purchased by GSA Capital Partners LLP

GSA Capital Partners LLP acquired a new stake in San Juan Basin Royalty Trust (NYSE:SJT) during the third quarter, Holdings Channel.com reports. The institutional investor acquired 11,211 shares of the oil and gas producer’s stock, valued at approximately $41,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. International Assets Investment Management LLC grew its stake 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 period. Americana Partners LLC purchased a new stake in San Juan Basin Royalty Trust during the third quarter worth about $40,000. Atlas Wealth Partners LLC acquired a new position in San Juan Basin Royalty Trust during the third quarter worth about $63,000. Meixler Investment Management Ltd. grew its position in San Juan Basin Royalty Trust by 11.7% during the third quarter. Meixler Investment Management Ltd. now owns 36,300 shares of the oil and gas producer’s stock worth $134,000 after buying an additional 3,800 shares during the period. Finally, Moors & Cabot Inc. increased its holdings in San Juan Basin Royalty Trust by 12.0% in the second quarter. Moors & Cabot Inc. now owns 88,400 shares of the oil and gas producer’s stock valued at $359,000 after buying an additional 9,450 shares in the last quarter. Institutional investors and hedge funds own 10.42% of the company’s stock.

San Juan Basin Royalty Trust Stock Down 1.0 %

Shares of SJT stock opened at $4.06 on Tuesday. The stock has a market cap of $189.24 million, a P/E ratio of 15.04 and a beta of 0.80. San Juan Basin Royalty Trust has a fifty-two week low of $3.21 and a fifty-two week high of $7.15. The business has a fifty day simple moving average of $3.92 and a 200-day simple moving average of $3.89.

Analyst Ratings Changes

Separately, StockNews.com lowered San Juan Basin Royalty Trust from a “hold” rating to a “sell” rating in a research note on Tuesday, August 20th.

San Juan Basin Royalty Trust Company 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.