Prospera Private Wealth LLC Acquires Shares of 9,271 San Juan Basin Royalty Trust (NYSE:SJT)

Prospera Private Wealth LLC bought a new position in San Juan Basin Royalty Trust (NYSE:SJT) in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 9,271 shares of the oil and gas producer’s stock, valued at approximately $34,000.

Other institutional investors also recently modified their holdings of the company. Meixler Investment Management Ltd. raised its stake in shares of San Juan Basin Royalty Trust by 11.7% during the 3rd quarter. Meixler Investment Management Ltd. now owns 36,300 shares of the oil and gas producer’s stock valued at $134,000 after purchasing an additional 3,800 shares during the period. International Assets Investment Management LLC lifted its holdings in shares of San Juan Basin Royalty Trust by 270.0% in the third quarter. International Assets Investment Management LLC now owns 7,400 shares of the oil and gas producer’s stock worth $27,000 after buying an additional 5,400 shares in the last quarter. Moors & Cabot Inc. boosted its position in shares of San Juan Basin Royalty Trust by 12.0% in the second quarter. Moors & Cabot Inc. now owns 88,400 shares of the oil and gas producer’s stock valued at $359,000 after acquiring an additional 9,450 shares during the period. Mraz Amerine & Associates Inc. grew its stake in San Juan Basin Royalty Trust by 5.3% during the second quarter. Mraz Amerine & Associates Inc. now owns 206,566 shares of the oil and gas producer’s stock valued at $835,000 after acquiring an additional 10,457 shares in the last quarter. Finally, Americana Partners LLC bought a new stake in San Juan Basin Royalty Trust during the 3rd quarter worth approximately $40,000. 10.42% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Separately, StockNews.com lowered shares of San Juan Basin Royalty Trust from a “hold” rating to a “sell” rating in a research report on Tuesday, August 20th.

San Juan Basin Royalty Trust Stock Up 1.5 %

NYSE:SJT opened at $4.10 on Friday. The business’s 50-day moving average price is $3.91 and its two-hundred day moving average price is $3.90. San Juan Basin Royalty Trust has a twelve month low of $3.21 and a twelve month high of $7.22.

San Juan Basin Royalty Trust 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.