Holt Capital Advisors L.L.C. dba Holt Capital Partners L.P. Trims Position in Texas Pacific Land Trust (TPL)

Holt Capital Advisors L.L.C. dba Holt Capital Partners L.P. lessened its position in shares of Texas Pacific Land Trust (NYSE:TPL) by 4.9% in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 5,335 shares of the financial services provider’s stock after selling 275 shares during the quarter. Holt Capital Advisors L.L.C. dba Holt Capital Partners L.P. owned 0.07% of Texas Pacific Land Trust worth $2,156,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of TPL. WFG Advisors LP increased its position in Texas Pacific Land Trust by 32.3% during the second quarter. WFG Advisors LP now owns 582 shares of the financial services provider’s stock valued at $171,000 after acquiring an additional 142 shares during the last quarter. WMS Partners LLC bought a new stake in Texas Pacific Land Trust during the third quarter valued at about $202,000. Boys Arnold & Co. Inc. bought a new stake in Texas Pacific Land Trust during the third quarter valued at about $202,000. Sei Investments Co. bought a new stake in Texas Pacific Land Trust during the third quarter valued at about $202,000. Finally, Teacher Retirement System of Texas bought a new stake in Texas Pacific Land Trust during the third quarter valued at about $211,000. Institutional investors own 39.46% of the company’s stock.

Texas Pacific Land Trust (TPL) traded up $0.33 during trading hours on Monday, reaching $410.30. The company’s stock had a trading volume of 4,500 shares, compared to its average volume of 18,922. Texas Pacific Land Trust has a twelve month low of $259.00 and a twelve month high of $434.99. The company has a market capitalization of $3,216.34, a price-to-earnings ratio of 47.00 and a beta of 0.93.

Texas Pacific Land Trust (NYSE:TPL) last released its quarterly earnings results on Monday, October 30th. The financial services provider reported $3.36 earnings per share (EPS) for the quarter. Texas Pacific Land Trust had a return on equity of 133.04% and a net margin of 69.87%. The business had revenue of $42.50 million during the quarter.

Several analysts have issued reports on TPL shares. BidaskClub raised Texas Pacific Land Trust from a “hold” rating to a “buy” rating in a report on Monday, July 31st. ValuEngine lowered Texas Pacific Land Trust from a “buy” rating to a “hold” rating in a report on Tuesday, October 10th.

COPYRIGHT VIOLATION WARNING: “Holt Capital Advisors L.L.C. dba Holt Capital Partners L.P. Trims Position in Texas Pacific Land Trust (TPL)” was published by Transcript Daily and is owned by of Transcript Daily. If you are reading this report on another publication, it was illegally stolen and reposted in violation of U.S. & international trademark and copyright law. The correct version of this report can be read at https://transcriptdaily.com/2017/11/27/holt-capital-advisors-l-l-c-dba-holt-capital-partners-l-p-trims-position-in-texas-pacific-land-trust-tpl.html.

Texas Pacific Land Trust Profile

Texas Pacific Land Trust (the Trust) is engaged in managing land, including royalty interests, for the benefit of its owners. The Company operates through managing the land segment, which includes sales and leases of such land, and the retention of oil and gas royalties. The Trust derives revenue from all avenues of managing the land, such as oil and gas royalties, grazing leases, easements, sundry and specialty leases, and land sales.

Institutional Ownership by Quarter for Texas Pacific Land Trust (NYSE:TPL)

Receive News & Ratings for Texas Pacific Land Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Texas Pacific Land Trust and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply