Atlas Wealth Partners LLC Purchases 239 Shares of Texas Pacific Land Co. (NYSE:TPL)

Atlas Wealth Partners LLC boosted its stake in shares of Texas Pacific Land Co. (NYSE:TPL - Free Report) by 1.8% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 13,292 shares of the financial services provider's stock after purchasing an additional 239 shares during the period. Texas Pacific Land makes up about 18.6% of Atlas Wealth Partners LLC's portfolio, making the stock its 2nd biggest position. Atlas Wealth Partners LLC owned approximately 0.06% of Texas Pacific Land worth $14,700,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently bought and sold shares of TPL. Hilltop Holdings Inc. boosted its holdings in shares of Texas Pacific Land by 290.3% in the 3rd quarter. Hilltop Holdings Inc. now owns 1,815 shares of the financial services provider's stock valued at $1,606,000 after acquiring an additional 1,350 shares during the last quarter. Quantinno Capital Management LP boosted its holdings in shares of Texas Pacific Land by 63.5% in the 3rd quarter. Quantinno Capital Management LP now owns 2,976 shares of the financial services provider's stock valued at $2,634,000 after acquiring an additional 1,156 shares during the last quarter. Nomura Asset Management Co. Ltd. boosted its holdings in shares of Texas Pacific Land by 5.1% in the 3rd quarter. Nomura Asset Management Co. Ltd. now owns 8,888 shares of the financial services provider's stock valued at $7,864,000 after acquiring an additional 431 shares during the last quarter. Biltmore Family Office LLC purchased a new stake in shares of Texas Pacific Land in the 3rd quarter valued at $337,000. Finally, Everence Capital Management Inc. purchased a new stake in shares of Texas Pacific Land in the 4th quarter valued at $641,000. Hedge funds and other institutional investors own 59.94% of the company's stock.

Texas Pacific Land Stock Performance

NYSE TPL traded up $19.23 during mid-day trading on Friday, reaching $1,372.41. 85,792 shares of the stock were exchanged, compared to its average volume of 125,097. The company has a market capitalization of $31.54 billion, a P/E ratio of 70.42 and a beta of 1.68. The business's 50 day moving average is $1,271.88 and its 200-day moving average is $1,130.03. Texas Pacific Land Co. has a 1 year low of $489.47 and a 1 year high of $1,769.14.

Texas Pacific Land Company Profile

Texas Pacific Land Corporation engages in the land and resource management, and water services and operations businesses. The company owns a 1/128th nonparticipating perpetual oil and gas royalty interest (NPRI) under approximately 85,000 acres of land; a 1/16th NPRI under approximately 371,000 acres of land; and approximately 4,000 additional net royalty acres, total of approximately 195,000 NRA located in the western part of Texas.