Acuitas Investments LLC Acquires 140,069 Shares of CKX Lands, Inc. (NYSEAMERICAN:CKX)

Acuitas Investments LLC grew its position in CKX Lands, Inc. (NYSEAMERICAN:CKX) by 477.8% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 169,387 shares of the financial services provider’s stock after buying an additional 140,069 shares during the period. Acuitas Investments LLC owned approximately 8.60% of CKX Lands worth $2,195,000 at the end of the most recent quarter.

Separately, Bfsg LLC bought a new stake in CKX Lands during the 4th quarter worth about $48,000. Hedge funds and other institutional investors own 16.13% of the company’s stock.

CKX Lands Price Performance

Shares of CKX Lands stock traded up $0.54 during trading on Friday, hitting $14.44. 742 shares of the stock were exchanged, compared to its average volume of 2,559. The firm has a market capitalization of $28.74 million, a PE ratio of 198.57 and a beta of 0.05. CKX Lands, Inc. has a 1-year low of $9.42 and a 1-year high of $14.44.

CKX Lands (NYSEAMERICAN:CKX) last released its quarterly earnings data on Wednesday, March 27th. The financial services provider reported $0.12 earnings per share for the quarter. The company had revenue of $0.69 million for the quarter. CKX Lands had a net margin of 9.63% and a return on equity of 0.79%.

CKX Lands Profile

CKX Lands, Inc engages in the ownership and management of land in the United States. It operates through three segments: Oil and Gas, Surface, and Timber. The company leases its properties for minerals, such as oil and gas; raising and harvesting timber; and surface uses comprising agriculture, right of ways, and hunting.