Atlas Wealth Partners LLC Raises Position in San Juan Basin Royalty Trust (NYSE:SJT)

Atlas Wealth Partners LLC lifted its holdings in San Juan Basin Royalty Trust (NYSE:SJT) by 16.4% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 20,050 shares of the oil and gas producer’s stock after purchasing an additional 2,825 shares during the quarter. Atlas Wealth Partners LLC’s holdings in San Juan Basin Royalty Trust were worth $77,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. International Assets Investment Management LLC increased its holdings in shares of San Juan Basin Royalty Trust by 270.0% during the third quarter. International Assets Investment Management LLC now owns 7,400 shares of the oil and gas producer’s stock valued at $27,000 after acquiring an additional 5,400 shares in the last quarter. Prospera Private Wealth LLC acquired a new position in San Juan Basin Royalty Trust during the 3rd quarter valued at approximately $34,000. Americana Partners LLC purchased a new position in shares of San Juan Basin Royalty Trust in the third quarter worth $40,000. GSA Capital Partners LLP acquired a new stake in shares of San Juan Basin Royalty Trust during the third quarter worth $41,000. Finally, Meixler Investment Management Ltd. grew its holdings in shares of 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 valued at $134,000 after buying an additional 3,800 shares during the last quarter. 10.42% of the stock is currently owned by hedge funds and other institutional investors.

San Juan Basin Royalty Trust Price Performance

NYSE SJT opened at $4.18 on Wednesday. The stock’s fifty day moving average price is $4.13 and its 200 day moving average price is $3.92. San Juan Basin Royalty Trust has a 1 year low of $3.21 and a 1 year high of $5.81. The company has a market cap of $194.83 million, a price-to-earnings ratio of 15.48 and a beta of 0.86.

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.