Global X Management Co. LLC recently announced the acquisition of new stake in San Juan Basin Royalty Trust (NYSE:SJT). This fresh investment now brings its stake to 2.86% valued currently at $10.17 million. In addition, WealthSource Partners LLC raised its holdings by 23259.0 to 0.54 million shares. And UBS Securities LLC has lifted its position by 210.89% or 0.14 million shares – to 0.2 million shares.
With over 1.57 million San Juan Basin Royalty Trust (SJT) shares trading Friday and a closing price of $7.93 on the day, the dollar volume was approximately $12.41 million. The shares have shown a negative half year performance of -28.43% and its price on 05/19/23 lost nearly -6.04%. Currently, there are 46.61M common shares owned by the public and among those 44.19M shares have been available to trade.
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The top 3 mutual fund holders in San Juan Basin Royalty Trust are Global X SuperDividend US ETF, Horizon Kinetics Inflation Benefi, and ALPS Barrons 400 ETF. Global X SuperDividend US ETF owns 1.35 million shares of the company’s stock, all valued at over $10.26 million. The company bought an additional 740.0 shares recently to bring their total holdings to about 2.89% of the shares outstanding. Horizon Kinetics Inflation Benefi sold 395.0 shares to see its total holdings shrink to 0.12 million shares valued at over $0.89 million and representing 0.25% of the shares outstanding. ALPS Barrons 400 ETF now owns shares totaling to 0.06% of the shares outstanding.
Shares of San Juan Basin Royalty Trust (NYSE: SJT) opened at $8.25, down -$0.19 from a prior closing price of $8.44. However, the script later moved the day high at 8.40, down -6.04%. The company’s stock has a 5-day price change of -1.98% and -21.49% over the past three months. SJT shares are trading -30.56% year to date (YTD), with the 12-month market performance down to -31.99% lower. It has a 12-month low price of $6.64 and touched a high of $15.43 over the same period. SJT has an average intraday trading volume of 1.02 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by -1.20%, -16.74%, and -26.06% respectively.
Institutional ownership of San Juan Basin Royalty Trust (NYSE: SJT) shares accounts for 14.20% of the company’s 46.61M shares outstanding. Mutual fund holders own 3.25%, while other institutional holders and individual stakeholders account for 8.33% and 12.30% respectively.
It has a market capitalization of $393.41M and a beta (3y monthly) value of 0.90. The stock’s trailing 12-month PE ratio is 4.76, while the earnings-per-share (ttm) stands at $1.67. Price movements for the stock have been influenced by the stock’s volatility, which stands at 5.04% over the week and 5.33% over the month.
The lowest estimate earnings-per-share for the quarter is $0 while analysts give the company a high EPS estimate of $0.
