Atlas Wealth Partners LLC Buys 239 Shares of Texas Pacific Land Co. (NYSE:TPL)

Atlas Wealth Partners LLC lifted its stake in Texas Pacific Land Co. (NYSE:TPL) by 1.8% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 13,292 shares of the financial services provider’s stock after acquiring an additional 239 shares during the quarter. Texas Pacific Land makes up approximately 18.6% of Atlas Wealth Partners LLC’s investment portfolio, making the stock its 2nd largest position. Atlas Wealth Partners LLC owned approximately 0.06% of Texas Pacific Land worth $14,700,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. Capital Performance Advisors LLP bought a new stake in shares of Texas Pacific Land during the third quarter worth approximately $25,000. Quest Partners LLC bought a new stake in shares of Texas Pacific Land during the third quarter worth approximately $50,000. Harel Insurance Investments & Financial Services Ltd. bought a new stake in shares of Texas Pacific Land during the fourth quarter worth approximately $66,000. Thurston Springer Miller Herd & Titak Inc. boosted its holdings in shares of Texas Pacific Land by 21.1% during the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 69 shares of the financial services provider’s stock worth $76,000 after acquiring an additional 12 shares during the period. Finally, Signaturefd LLC boosted its holdings in shares of Texas Pacific Land by 16.9% during the third quarter. Signaturefd LLC now owns 90 shares of the financial services provider’s stock worth $80,000 after acquiring an additional 13 shares during the period. Institutional investors and hedge funds own 59.94% of the company’s stock.

Texas Pacific Land Stock Down 1.3 %

Shares of NYSE:TPL opened at $1,363.04 on Wednesday. Texas Pacific Land Co. has a 12-month low of $471.06 and a 12-month high of $1,769.14. The stock has a market cap of $31.32 billion, a PE ratio of 69.94 and a beta of 1.68. The business has a 50 day moving average of $1,271.95 and a 200-day moving average of $1,123.04.

Texas Pacific Land Company Profile

Texas Pacific Land Corporation engages in the land and resource management, and water services and operations businesses. The company owns a 1/128th nonparticipating perpetual oil and gas royalty interest (NPRI) under approximately 85,000 acres of land; a 1/16th NPRI under approximately 371,000 acres of land; and approximately 4,000 additional net royalty acres, total of approximately 195,000 NRA located in the western part of Texas.