Capital Advisory Group Advisory Services LLC Invests $837,000 in Dorchester Minerals, L.P. (NASDAQ:DMLP)

Capital Advisory Group Advisory Services LLC bought a new stake in Dorchester Minerals, L.P. (NASDAQ:DMLP - Free Report) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 25,115 shares of the energy company's stock, valued at approximately $837,000. Capital Advisory Group Advisory Services LLC owned approximately 0.05% of Dorchester Minerals as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also made changes to their positions in the company. Inscription Capital LLC boosted its position in Dorchester Minerals by 14.8% in the 3rd quarter. Inscription Capital LLC now owns 46,500 shares of the energy company's stock valued at $1,402,000 after buying an additional 6,000 shares during the last quarter. Clarity Financial LLC lifted its stake in shares of Dorchester Minerals by 40.6% during the third quarter. Clarity Financial LLC now owns 10,520 shares of the energy company's stock valued at $317,000 after acquiring an additional 3,040 shares during the period. LGT Financial Advisors LLC bought a new position in Dorchester Minerals in the third quarter valued at about $166,000. Moors & Cabot Inc. increased its position in Dorchester Minerals by 0.6% in the third quarter. Moors & Cabot Inc. now owns 102,550 shares of the energy company's stock worth $3,092,000 after purchasing an additional 639 shares during the period. Finally, One Charles Private Wealth Services LLC bought a new stake in Dorchester Minerals during the 3rd quarter worth about $331,000. 19.21% of the stock is owned by institutional investors.

Dorchester Minerals Trading Down 1.4 %

Shares of NASDAQ:DMLP traded down $0.43 during midday trading on Tuesday, hitting $30.63. The company had a trading volume of 144,712 shares, compared to its average volume of 164,695. Dorchester Minerals, L.P. has a 12 month low of $28.41 and a 12 month high of $35.74. The firm has a fifty day simple moving average of $32.53 and a 200 day simple moving average of $32.00. The stock has a market cap of $1.45 billion, a price-to-earnings ratio of 14.45 and a beta of 1.07.

Dorchester Minerals (NASDAQ:DMLP - Get Free Report) last issued its earnings results on Thursday, February 20th. The energy company reported $0.24 earnings per share (EPS) for the quarter. The firm had revenue of $39.71 million for the quarter. Dorchester Minerals had a return on equity of 36.86% and a net margin of 56.77%.

Dorchester Minerals Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, February 13th. Investors of record on Monday, February 3rd were issued a dividend of $0.7394 per share. This represents a $2.96 dividend on an annualized basis and a yield of 9.66%. The ex-dividend date was Monday, February 3rd. Dorchester Minerals's dividend payout ratio is currently 139.15%.

Wall Street Analyst Weigh In

Separately, StockNews.com cut shares of Dorchester Minerals from a "buy" rating to a "hold" rating in a research report on Monday.

Insider Buying and Selling at Dorchester Minerals

In related news, insider Minerals Operating Dorchester acquired 6,500 shares of the company's stock in a transaction that occurred on Tuesday, February 4th. The shares were acquired at an average cost of $30.90 per share, for a total transaction of $200,850.00. Following the completion of the acquisition, the insider now directly owns 47,682 shares in the company, valued at approximately $1,473,373.80. The trade was a 15.78 % increase in their position. The purchase was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, CFO Leslie A. Moriyama bought 12,050 shares of the stock in a transaction on Tuesday, December 3rd. The shares were purchased at an average price of $34.41 per share, with a total value of $414,640.50. Following the acquisition, the chief financial officer now owns 83,450 shares in the company, valued at approximately $2,871,514.50. This represents a 16.88 % increase in their position. The disclosure for this purchase can be found here. Over the last 90 days, insiders bought 52,269 shares of company stock valued at $1,732,575. Corporate insiders own 7.10% of the company's stock.

About Dorchester Minerals

Dorchester Minerals, L.P. engages in the acquisition, ownership, and administration of royalty properties in the United States. Its royalty properties include producing and nonproducing mineral, royalty, overriding royalty, net profits, and leasehold interests in 593 counties and parishes in 28 states; and net profits interests represent net profits overriding royalty interests in various properties owned by the operating partnership.