Ashton Thomas Private Wealth LLC acquired a new stake in San Juan Basin Royalty Trust (NYSE:SJT - Free Report) during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm acquired 701,433 shares of the oil and gas producer's stock, valued at approximately $2,686,000. Ashton Thomas Private Wealth LLC owned approximately 1.50% of San Juan Basin Royalty Trust at the end of the most recent quarter.
A number of other large investors have also recently made changes to their positions in the business. Raymond James Financial Inc. acquired a new stake in shares of San Juan Basin Royalty Trust in the 4th quarter worth about $783,000. Oxbow Advisors LLC purchased a new stake in shares of San Juan Basin Royalty Trust in the fourth quarter worth approximately $43,000. Private Advisor Group LLC bought a new position in shares of San Juan Basin Royalty Trust in the fourth quarter valued at approximately $102,000. Atlas Wealth Partners LLC boosted its position in shares of San Juan Basin Royalty Trust by 16.4% during the fourth quarter. Atlas Wealth Partners LLC now owns 20,050 shares of the oil and gas producer's stock valued at $77,000 after buying an additional 2,825 shares during the last quarter. Finally, Clear Harbor Asset Management LLC bought a new stake in San Juan Basin Royalty Trust during the fourth quarter worth $147,000. 10.42% of the stock is owned by institutional investors.
San Juan Basin Royalty Trust Stock Down 0.6 %
NYSE SJT traded down $0.03 on Tuesday, reaching $5.11. The company had a trading volume of 163,950 shares, compared to its average volume of 247,590. The stock has a market capitalization of $238.17 million, a P/E ratio of 18.93 and a beta of 0.84. The company's fifty day moving average is $4.48 and its 200 day moving average is $4.08. San Juan Basin Royalty Trust has a 52-week low of $3.21 and a 52-week high of $5.81.
San Juan Basin Royalty Trust Profile
(
Free Report)
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.
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