Dorchester Minerals, L.P. (NASDAQ:DMLP) Shares Purchased by Trust Co. of Vermont

Trust Co. of Vermont raised its position in Dorchester Minerals, L.P. (NASDAQ:DMLP) by 26.7% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 14,461 shares of the energy company’s stock after acquiring an additional 3,045 shares during the quarter. Trust Co. of Vermont’s holdings in Dorchester Minerals were worth $482,000 as of its most recent filing with the SEC.

Other large investors also recently bought and sold shares of the company. HWG Holdings LP purchased a new stake in shares of Dorchester Minerals in the second quarter valued at about $30,000. JPMorgan Chase & Co. lifted its position in Dorchester Minerals by 62.6% in the third quarter. JPMorgan Chase & Co. now owns 1,444 shares of the energy company’s stock valued at $44,000 after purchasing an additional 556 shares during the period. LGT Financial Advisors LLC purchased a new stake in Dorchester Minerals in the 3rd quarter valued at approximately $166,000. MADDEN SECURITIES Corp acquired a new position in Dorchester Minerals during the 3rd quarter worth approximately $223,000. Finally, Atomi Financial Group Inc. raised its stake in shares of Dorchester Minerals by 29.0% during the 3rd quarter. Atomi Financial Group Inc. now owns 8,697 shares of the energy company’s stock worth $262,000 after buying an additional 1,954 shares in the last quarter. Hedge funds and other institutional investors own 19.21% of the company’s stock.

Dorchester Minerals Price Performance

Dorchester Minerals stock opened at $33.11 on Friday. The stock’s 50 day moving average price is $33.31 and its 200 day moving average price is $31.86. Dorchester Minerals, L.P. has a 1-year low of $28.41 and a 1-year high of $35.74. The company has a market cap of $1.57 billion, a PE ratio of 11.91 and a beta of 1.09.

Dorchester Minerals (NASDAQ:DMLP) last issued its earnings results on Thursday, October 31st. The energy company reported $0.87 EPS for the quarter. The company had revenue of $53.47 million for the quarter. Dorchester Minerals had a net margin of 66.02% and a return on equity of 48.81%.

Insiders Place Their Bets

In other Dorchester Minerals news, CEO Bradley J. Ehrman bought 14,430 shares of the business’s stock in a transaction on Tuesday, December 3rd. The stock was bought at an average price of $34.41 per share, for a total transaction of $496,536.30. Following the completion of the transaction, the chief executive officer now owns 29,622 shares in the company, valued at approximately $1,019,293.02. The trade was a 94.98 % increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Minerals Operating Dorchester purchased 6,500 shares of the stock in a transaction dated Monday, December 23rd. The stock was acquired at an average price of $32.21 per share, for a total transaction of $209,365.00. Following the completion of the transaction, the insider now directly owns 28,728 shares of the company’s stock, valued at approximately $925,328.88. The trade was a 29.24 % increase in their ownership of the stock. The disclosure for this purchase can be found here. Over the last three months, insiders have purchased 41,152 shares of company stock worth $1,388,552. 7.10% of the stock is owned by company insiders.

About Dorchester Minerals

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.