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

Northside Capital Management LLC decreased its position in Dorchester Minerals, L.P. (NASDAQ:DMLP) by 3.0% during the 4th quarter, Holdings Channel.com reports. The firm owned 21,860 shares of the energy company’s stock after selling 672 shares during the period. 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 institutional investors have also made changes to their positions in the company. HWG Holdings LP bought a new stake in shares of Dorchester Minerals in the second quarter valued at approximately $30,000. JPMorgan Chase & Co. boosted its stake in shares of Dorchester Minerals by 62.6% in the third quarter. JPMorgan Chase & Co. now owns 1,444 shares of the energy company’s stock valued at $44,000 after buying an additional 556 shares during the period. LGT Financial Advisors LLC bought a new stake in shares of Dorchester Minerals in the third quarter valued at approximately $166,000. MADDEN SECURITIES Corp bought a new stake in shares of Dorchester Minerals in the third quarter valued at approximately $223,000. Finally, Atomi Financial Group Inc. boosted its stake in shares of Dorchester Minerals by 29.0% in the third quarter. Atomi Financial Group Inc. now owns 8,697 shares of the energy company’s stock valued at $262,000 after buying an additional 1,954 shares during the period. 19.21% of the stock is currently owned by institutional investors.

Dorchester Minerals Trading Down 0.2 %

Shares of DMLP stock opened at $33.64 on Thursday. The stock has a market cap of $1.59 billion, a P/E ratio of 12.10 and a beta of 1.09. The stock has a 50 day simple moving average of $33.32 and a 200 day simple moving average of $31.84. Dorchester Minerals, L.P. has a 1 year low of $28.41 and a 1 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 (EPS) for the quarter. The business had revenue of $53.47 million during the quarter. Dorchester Minerals had a return on equity of 48.81% and a net margin of 66.02%.

Insiders Place Their Bets

In other Dorchester Minerals news, insider Minerals Operating Dorchester bought 954 shares of the business’s stock in a transaction on Monday, December 30th. The stock was purchased at an average cost of $33.19 per share, for a total transaction of $31,663.26. Following the completion of the purchase, the insider now directly owns 33,682 shares of the company’s stock, valued at approximately $1,117,905.58. This trade represents a 2.91 % increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which is available through the SEC website. Also, CEO Bradley J. Ehrman purchased 14,430 shares of the stock in a transaction dated Tuesday, December 3rd. The shares were bought at an average price of $34.41 per share, with a total value of $496,536.30. Following the completion of the acquisition, the chief executive officer now directly owns 29,622 shares of the company’s stock, valued at approximately $1,019,293.02. This represents a 94.98 % increase in their position. The disclosure for this purchase can be found here. Insiders acquired 41,152 shares of company stock worth $1,388,552 over the last three months. Insiders own 7.10% of the company’s stock.

Dorchester Minerals 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.