Cigna Investments Inc. New Acquires Shares of 188 Texas Pacific Land Co. (NYSE:TPL)

Cigna Investments Inc. New bought a new position in shares of Texas Pacific Land Co. (NYSE:TPL) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 188 shares of the financial services provider’s stock, valued at approximately $208,000.

A number of other hedge funds have also modified their holdings of the business. State Street Corp boosted its stake in Texas Pacific Land by 3.8% during the 3rd quarter. State Street Corp now owns 762,627 shares of the financial services provider’s stock worth $674,727,000 after purchasing an additional 27,884 shares during the period. Geode Capital Management LLC boosted its stake in shares of Texas Pacific Land by 21.5% during the third quarter. Geode Capital Management LLC now owns 462,518 shares of the financial services provider’s stock worth $411,943,000 after buying an additional 81,974 shares during the period. Charles Schwab Investment Management Inc. grew its holdings in shares of Texas Pacific Land by 1.5% during the third quarter. Charles Schwab Investment Management Inc. now owns 136,418 shares of the financial services provider’s stock worth $120,694,000 after buying an additional 1,984 shares during the last quarter. Douglass Winthrop Advisors LLC increased its position in Texas Pacific Land by 3.5% in the 3rd quarter. Douglass Winthrop Advisors LLC now owns 99,198 shares of the financial services provider’s stock valued at $87,764,000 after acquiring an additional 3,363 shares during the period. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its stake in Texas Pacific Land by 10.3% during the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 70,836 shares of the financial services provider’s stock valued at $62,671,000 after acquiring an additional 6,598 shares during the last quarter. 59.94% of the stock is currently owned by hedge funds and other institutional investors.

Texas Pacific Land Trading Down 1.3 %

Texas Pacific Land stock opened at $1,363.04 on Wednesday. The stock has a market capitalization of $31.32 billion, a price-to-earnings ratio of 69.94 and a beta of 1.68. The stock has a 50 day moving average of $1,271.95 and a two-hundred day moving average of $1,123.04. Texas Pacific Land Co. has a twelve month low of $471.06 and a twelve month high of $1,769.14.

Texas Pacific Land Profile

Texas Pacific Land Corporation engages in the land and resource management, and water services and operations businesses. The company owns a 1/128th nonparticipating perpetual oil and gas royalty interest (NPRI) under approximately 85,000 acres of land; a 1/16th NPRI under approximately 371,000 acres of land; and approximately 4,000 additional net royalty acres, total of approximately 195,000 NRA located in the western part of Texas.