Virtu Financial LLC Acquires Shares of 22,429 San Juan Basin Royalty Trust (NYSE:SJT)

Virtu Financial LLC acquired a new stake in San Juan Basin Royalty Trust (NYSE:SJT) in the 2nd quarter, Holdings Channel.com reports. The fund acquired 22,429 shares of the oil and gas producer’s stock, valued at approximately $115,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Advisory Services Network LLC acquired a new position in San Juan Basin Royalty Trust in the 2nd quarter valued at $32,000. Lazard Asset Management LLC acquired a new position in shares of San Juan Basin Royalty Trust during the 2nd quarter worth $26,000. Essex Financial Services Inc. acquired a new position in shares of San Juan Basin Royalty Trust during the 2nd quarter worth $639,000. Millennium Management LLC acquired a new position in shares of San Juan Basin Royalty Trust during the 2nd quarter worth $123,000. Finally, Russell Investments Group Ltd. acquired a new position in shares of San Juan Basin Royalty Trust during the 2nd quarter worth $86,000. 13.48% of the stock is owned by hedge funds and other institutional investors.

San Juan Basin Royalty Trust stock opened at $7.55 on Thursday. San Juan Basin Royalty Trust has a 52 week low of $2.53 and a 52 week high of $7.80. The stock’s fifty day simple moving average is $5.77.

San Juan Basin Royalty Trust (NYSE:SJT) last issued its earnings results on Monday, November 15th. The oil and gas producer reported $0.12 earnings per share (EPS) for the quarter. San Juan Basin Royalty Trust had a return on equity of 352.49% and a net margin of 92.18%. The business had revenue of $6.06 million during the quarter.

The company also recently announced a monthly dividend, which will be paid on Tuesday, December 14th. Shareholders of record on Tuesday, November 30th will be issued a $0.15 dividend. This represents a $1.80 dividend on an annualized basis and a yield of 23.84%. The ex-dividend date is Monday, November 29th. This is a boost from San Juan Basin Royalty Trust’s previous monthly dividend of $0.05.

San Juan Basin Royalty Trust Profile

San Juan Basin Royalty Trust engages in the provision of express trust services. The company was founded on November 1, 1980 and is headquartered in Houston, TX.

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Institutional Ownership by Quarter for San Juan Basin Royalty Trust (NYSE:SJT)

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