Horizon Kinetics Asset Management LLC Has $6.95 Million Holdings in San Juan Basin Royalty Trust (NYSE:SJT)

Horizon Kinetics Asset Management LLC boosted its stake in shares of San Juan Basin Royalty Trust (NYSE:SJT) by 40.4% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 1,814,214 shares of the oil and gas producer’s stock after buying an additional 522,288 shares during the period. Horizon Kinetics Asset Management LLC’s holdings in San Juan Basin Royalty Trust were worth $6,948,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Prospera Private Wealth LLC acquired a new stake in San Juan Basin Royalty Trust during the 3rd quarter worth about $34,000. GSA Capital Partners LLP acquired a new position in shares of San Juan Basin Royalty Trust in the 3rd quarter valued at about $41,000. Oxbow Advisors LLC acquired a new position in shares of San Juan Basin Royalty Trust in the 4th quarter valued at about $43,000. Atlas Wealth Partners LLC increased its holdings in shares of San Juan Basin Royalty Trust by 16.4% in the 4th quarter. Atlas Wealth Partners LLC now owns 20,050 shares of the oil and gas producer’s stock valued at $77,000 after purchasing an additional 2,825 shares during the period. Finally, Private Advisor Group LLC acquired a new position in shares of San Juan Basin Royalty Trust in the 4th quarter valued at about $102,000. Institutional investors and hedge funds own 10.42% of the company’s stock.

San Juan Basin Royalty Trust Price Performance

Shares of SJT opened at $5.25 on Monday. The company has a market capitalization of $244.88 million, a price-to-earnings ratio of 19.46 and a beta of 0.84. San Juan Basin Royalty Trust has a fifty-two week low of $3.21 and a fifty-two week high of $5.72. The business’s 50-day moving average is $4.58 and its 200-day moving average is $4.13.

San Juan Basin Royalty Trust 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.