Mraz Amerine & Associates Inc. Purchases 10,457 Shares of San Juan Basin Royalty Trust (NYSE:SJT)

Mraz Amerine & Associates Inc. boosted its position in San Juan Basin Royalty Trust (NYSE:SJT) by 5.3% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 206,566 shares of the oil and gas producer’s stock after buying an additional 10,457 shares during the period. Mraz Amerine & Associates Inc. owned approximately 0.44% of San Juan Basin Royalty Trust worth $835,000 at the end of the most recent quarter.

A number of other institutional investors have also bought and sold shares of the company. VisionPoint Advisory Group LLC acquired a new stake in San Juan Basin Royalty Trust during the fourth quarter worth approximately $42,000. Creekmur Asset Management LLC acquired a new position in shares of San Juan Basin Royalty Trust during the 4th quarter valued at $68,000. RPO LLC bought a new position in San Juan Basin Royalty Trust during the fourth quarter worth $78,000. Hartline Investment Corp acquired a new stake in San Juan Basin Royalty Trust in the first quarter worth $84,000. Finally, Aristides Capital LLC bought a new stake in San Juan Basin Royalty Trust in the fourth quarter valued at $149,000. Institutional investors own 10.42% of the company’s stock.

Wall Street Analysts Forecast Growth

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

San Juan Basin Royalty Trust Price Performance

Shares of NYSE SJT traded down $0.05 during trading on Monday, hitting $3.29. The stock had a trading volume of 126,300 shares, compared to its average volume of 295,785. The firm has a fifty day moving average of $3.85 and a two-hundred day moving average of $4.43. San Juan Basin Royalty Trust has a 12 month low of $3.26 and a 12 month high of $7.85. The company has a market capitalization of $153.34 million, a PE ratio of 7.83 and a beta of 0.86.

San Juan Basin Royalty Trust (NYSE:SJT) last announced its quarterly earnings data on Wednesday, August 14th. The oil and gas producer reported $0.02 earnings per share (EPS) for the quarter. The business had revenue of $1.89 million for the quarter. San Juan Basin Royalty Trust had a return on equity of 466.64% and a net margin of 82.97%.

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.