Oxbow Advisors LLC Purchases New Stake in San Juan Basin Royalty Trust (NYSE:SJT)

Oxbow Advisors LLC acquired a new position in shares of San Juan Basin Royalty Trust (NYSE:SJT) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 11,172 shares of the oil and gas producer’s stock, valued at approximately $43,000.

Other institutional investors and hedge funds have also recently modified their holdings of the company. GSA Capital Partners LLP acquired a new position in shares of San Juan Basin Royalty Trust in the third quarter valued at approximately $41,000. International Assets Investment Management LLC grew its holdings in San Juan Basin Royalty Trust by 270.0% in the 3rd quarter. International Assets Investment Management LLC now owns 7,400 shares of the oil and gas producer’s stock valued at $27,000 after buying an additional 5,400 shares in the last quarter. Ingalls & Snyder LLC grew its holdings in San Juan Basin Royalty Trust by 60.0% in the 3rd quarter. Ingalls & Snyder LLC now owns 55,694 shares of the oil and gas producer’s stock valued at $206,000 after buying an additional 20,896 shares in the last quarter. Americana Partners LLC bought a new position in San Juan Basin Royalty Trust during the 3rd quarter worth $40,000. Finally, Meixler Investment Management Ltd. lifted its holdings in shares of San Juan Basin Royalty Trust by 11.7% during the third quarter. Meixler Investment Management Ltd. now owns 36,300 shares of the oil and gas producer’s stock worth $134,000 after buying an additional 3,800 shares in the last quarter. 10.42% of the stock is currently owned by institutional investors and hedge funds.

San Juan Basin Royalty Trust Stock Performance

SJT stock opened at $4.97 on Friday. San Juan Basin Royalty Trust has a 52 week low of $3.21 and a 52 week high of $5.81. The company has a market capitalization of $231.41 million, a PE ratio of 18.39 and a beta of 0.86. The company’s 50-day simple moving average is $4.25 and its 200 day simple moving average is $3.98.

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.