Virtu Financial LLC Takes $150,000 Position in San Juan Basin Royalty Trust (NYSE:SJT)

Virtu Financial LLC acquired a new stake in San Juan Basin Royalty Trust (NYSE:SJT) in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 40,651 shares of the oil and gas producer’s stock, valued at approximately $150,000.

A number of other large investors have also added to or reduced their stakes in the business. Mountaineer Partners Management LLC grew its stake in shares of San Juan Basin Royalty Trust by 260.5% in the third quarter. Mountaineer Partners Management LLC now owns 2,660,500 shares of the oil and gas producer’s stock worth $9,844,000 after purchasing an additional 1,922,570 shares during the last quarter. Ingalls & Snyder LLC lifted its holdings in San Juan Basin Royalty Trust by 60.0% during the 3rd quarter. Ingalls & Snyder LLC now owns 55,694 shares of the oil and gas producer’s stock worth $206,000 after buying an additional 20,896 shares during the period. Horizon Kinetics Asset Management LLC increased its stake in shares of San Juan Basin Royalty Trust by 23.2% in the third quarter. Horizon Kinetics Asset Management LLC now owns 1,291,926 shares of the oil and gas producer’s stock valued at $4,780,000 after buying an additional 242,871 shares during the period. Moors & Cabot Inc. raised its position in shares of San Juan Basin Royalty Trust by 33.4% during the third quarter. Moors & Cabot Inc. now owns 117,950 shares of the oil and gas producer’s stock worth $436,000 after acquiring an additional 29,550 shares during the last quarter. Finally, Prospera Private Wealth LLC acquired a new position in shares of San Juan Basin Royalty Trust in the third quarter worth approximately $34,000. Institutional investors own 10.42% of the company’s stock.

San Juan Basin Royalty Trust Stock Performance

San Juan Basin Royalty Trust stock opened at $3.81 on Thursday. The firm has a market cap of $177.58 million, a price-to-earnings ratio of 14.11 and a beta of 0.83. San Juan Basin Royalty Trust has a 52-week low of $3.21 and a 52-week high of $5.81. The firm has a 50 day moving average price of $4.06 and a two-hundred day moving average price of $3.89.

About San Juan Basin Royalty Trust

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.