Alps Advisors Inc. Takes $428,000 Position in San Juan Basin Royalty Trust (SJT)

Alps Advisors Inc. acquired a new position in shares of San Juan Basin Royalty Trust (NYSE:SJT) during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 54,142 shares of the oil and gas producer’s stock, valued at approximately $428,000. Alps Advisors Inc. owned about 0.12% of San Juan Basin Royalty Trust at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in the company. Oppenheimer & Co. Inc. increased its stake in shares of San Juan Basin Royalty Trust by 32.5% during the 4th quarter. Oppenheimer & Co. Inc. now owns 42,834 shares of the oil and gas producer’s stock worth $353,000 after purchasing an additional 10,500 shares during the last quarter. US Bancorp DE increased its stake in shares of San Juan Basin Royalty Trust by 383.1% during the 4th quarter. US Bancorp DE now owns 14,909 shares of the oil and gas producer’s stock worth $123,000 after purchasing an additional 11,823 shares during the last quarter. Two Sigma Investments LP increased its stake in shares of San Juan Basin Royalty Trust by 7.9% during the 4th quarter. Two Sigma Investments LP now owns 205,866 shares of the oil and gas producer’s stock worth $1,696,000 after purchasing an additional 15,011 shares during the last quarter. Renaissance Technologies LLC increased its stake in shares of San Juan Basin Royalty Trust by 27.3% during the 4th quarter. Renaissance Technologies LLC now owns 115,626 shares of the oil and gas producer’s stock worth $953,000 after purchasing an additional 24,801 shares during the last quarter. Finally, Deutsche Bank AG increased its stake in shares of San Juan Basin Royalty Trust by 26.4% during the 4th quarter. Deutsche Bank AG now owns 119,320 shares of the oil and gas producer’s stock worth $981,000 after purchasing an additional 24,900 shares during the last quarter. Institutional investors own 24.84% of the company’s stock.

San Juan Basin Royalty Trust stock opened at $7.25 on Friday. The stock has a market cap of $325.33 million, a PE ratio of 8.95 and a beta of -0.06. San Juan Basin Royalty Trust has a fifty-two week low of $6.99 and a fifty-two week high of $7.00.

The company also recently disclosed a monthly dividend, which was paid on Monday, May 14th. Stockholders of record on Monday, April 30th were paid a dividend of $0.0392 per share. The ex-dividend date was Friday, April 27th. This represents a $0.47 annualized dividend and a dividend yield of 6.49%.

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 carved out of Southland's oil and natural gas interests (the subject interests) in properties located in the San Juan Basin in northwestern New Mexico. The 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, as well as 829.8 net wells.

Institutional Ownership by Quarter for San Juan Basin Royalty Trust (NYSE:SJT)

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