Creekmur Asset Management LLC Has $29,000 Position in San Juan Basin Royalty Trust (NYSE:SJT)

Creekmur Asset Management LLC decreased its holdings in shares of San Juan Basin Royalty Trust (NYSE:SJT) by 59.2% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 5,467 shares of the oil and gas producer’s stock after selling 7,930 shares during the period. Creekmur Asset Management LLC’s holdings in San Juan Basin Royalty Trust were worth $29,000 as of its most recent SEC filing.

Other large investors have also recently made changes to their positions in the company. Highlander Capital Management LLC raised its position in San Juan Basin Royalty Trust by 40.0% in the 4th quarter. Highlander Capital Management LLC now owns 7,000 shares of the oil and gas producer’s stock valued at $36,000 after buying an additional 2,000 shares during the last quarter. VisionPoint Advisory Group LLC purchased a new stake in shares of San Juan Basin Royalty Trust in the fourth quarter valued at about $42,000. Tower Research Capital LLC TRC lifted its position in shares of San Juan Basin Royalty Trust by 19,531.1% during the fourth quarter. Tower Research Capital LLC TRC now owns 8,834 shares of the oil and gas producer’s stock valued at $45,000 after purchasing an additional 8,789 shares in the last quarter. RPO LLC purchased a new position in San Juan Basin Royalty Trust during the fourth quarter worth about $78,000. Finally, Hartline Investment Corp bought a new stake in San Juan Basin Royalty Trust in the 1st quarter worth about $84,000. 10.42% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Separately, StockNews.com upgraded San Juan Basin Royalty Trust from a “sell” rating to a “hold” rating in a report on Tuesday.

San Juan Basin Royalty Trust Stock Down 1.7 %

San Juan Basin Royalty Trust stock traded down $0.07 during trading on Thursday, hitting $3.98. The stock had a trading volume of 38,410 shares, compared to its average volume of 308,470. The stock’s 50 day moving average is $4.02 and its two-hundred day moving average is $4.63. San Juan Basin Royalty Trust has a 1 year low of $3.59 and a 1 year high of $8.16. The stock has a market cap of $185.51 million, a price-to-earnings ratio of 9.67 and a beta of 0.86.

San Juan Basin Royalty Trust (NYSE:SJT) last announced its quarterly earnings results on Tuesday, May 14th. The oil and gas producer reported $0.09 EPS for the quarter. San Juan Basin Royalty Trust had a net margin of 89.64% and a return on equity of 715.03%. The company had revenue of $5.11 million for the quarter.

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.