Capital Advisory Group Advisory Services LLC Purchases Shares of 25,115 Dorchester Minerals, L.P. (NASDAQ:DMLP)

Capital Advisory Group Advisory Services LLC acquired a new position in shares of Dorchester Minerals, L.P. (NASDAQ:DMLP) in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 25,115 shares of the energy company’s stock, valued at approximately $837,000. Capital Advisory Group Advisory Services LLC owned approximately 0.05% of Dorchester Minerals as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently made changes to their positions in the company. MADDEN SECURITIES Corp increased its holdings in Dorchester Minerals by 54.2% in the fourth quarter. MADDEN SECURITIES Corp now owns 11,382 shares of the energy company’s stock valued at $379,000 after buying an additional 4,000 shares during the last quarter. Apollon Wealth Management LLC acquired a new position in shares of Dorchester Minerals during the 4th quarter worth about $228,000. Burford Brothers Inc. purchased a new stake in Dorchester Minerals during the fourth quarter worth approximately $976,000. Round Rock Advisors LLC acquired a new position in Dorchester Minerals in the fourth quarter valued at approximately $3,877,000. Finally, Flagship Harbor Advisors LLC boosted its holdings in Dorchester Minerals by 3.6% in the fourth quarter. Flagship Harbor Advisors LLC now owns 8,787 shares of the energy company’s stock valued at $293,000 after purchasing an additional 302 shares in the last quarter. 19.21% of the stock is currently owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other Dorchester Minerals news, insider Minerals Operating Dorchester acquired 6,500 shares of the company’s stock in a transaction on Tuesday, February 4th. The shares were bought at an average cost of $30.90 per share, for a total transaction of $200,850.00. Following the completion of the purchase, the insider now owns 47,682 shares in the company, valued at $1,473,373.80. This trade represents a 15.78 % increase in their position. The purchase was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, CEO Bradley J. Ehrman bought 14,430 shares of the firm’s stock in a transaction dated Tuesday, December 3rd. The shares were acquired at an average price of $34.41 per share, with a total value of $496,536.30. Following the purchase, the chief executive officer now directly owns 29,622 shares of the company’s stock, valued at approximately $1,019,293.02. This trade represents a 94.98 % increase in their position. The disclosure for this purchase can be found here. Insiders have bought a total of 52,269 shares of company stock valued at $1,732,575 over the last quarter. Company insiders own 7.10% of the company’s stock.

Dorchester Minerals Trading Down 1.0 %

Shares of NASDAQ:DMLP opened at $32.09 on Friday. The firm has a 50 day simple moving average of $32.59 and a 200-day simple moving average of $31.95. Dorchester Minerals, L.P. has a twelve month low of $28.41 and a twelve month high of $35.74. The company has a market capitalization of $1.52 billion, a PE ratio of 11.54 and a beta of 1.07.

Dorchester Minerals (NASDAQ:DMLP) last announced its quarterly earnings results on Thursday, February 20th. The energy company reported $0.24 earnings per share for the quarter. Dorchester Minerals had a net margin of 66.02% and a return on equity of 48.81%.

Dorchester Minerals Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, February 13th. Investors of record on Monday, February 3rd were paid a dividend of $0.7394 per share. The ex-dividend date of this dividend was Monday, February 3rd. This represents a $2.96 dividend on an annualized basis and a yield of 9.22%. Dorchester Minerals’s dividend payout ratio is presently 106.47%.

Dorchester Minerals Company Profile

Dorchester Minerals, L.P. engages in the acquisition, ownership, and administration of royalty properties in the United States. Its royalty properties include producing and nonproducing mineral, royalty, overriding royalty, net profits, and leasehold interests in 593 counties and parishes in 28 states; and net profits interests represent net profits overriding royalty interests in various properties owned by the operating partnership.