San Juan Basin Royalty Trust (NYSE:SJT) Sees Significantly Higher Trading Volume

Judith Bessette
Agosto 13, 2017

The company is now down since yesterday's close of $7.18. Permian Basin Royalty Trust had a return on equity of 4,964.71% and a net margin of 95.38%. Citadel Advsrs Ltd Liability Corp owns 0% invested in Permian Basin Royalty Trust (NYSE:PBT) for 57,076 shares. 220,290 shares of the stock traded hands. The firm has a 50-day moving average price of $8.94 and a 200-day moving average price of $9.29. The firm has a market cap of $334.65 million, a P/E ratio of 16.51 and a beta of -0.46.

San Juan Basin Royalty Trust is an express trust.

The firm also recently disclosed a monthly dividend, which will be paid on Monday, August 14th. The dividend was $0.148 per share for the quarter or $0.59 annualized. The ex-dividend date of this dividend is Thursday, July 27th. This dividend represents a yeild of $8.64 which is the dividend as a percentage of the current share price. San Juan Basin Royalty Trust's dividend payout ratio is now 132.73%.

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Several hedge funds have recently made changes to their positions in PBT. The original version of this news story can be viewed at The oil and gas producer reported $0.15 earnings per share (EPS) for the quarter, Bloomberg Earnings reports. Sigma Planning Corp raised its position in shares of Permian Basin Royalty Trust by 1.5% in the second quarter. IL now owns 21,000 shares of the oil and gas producer's stock worth $183,000 after buying an additional 2,500 shares in the last quarter. Wells Fargo & Company MN now owns 20,428 shares of the oil and gas producer's stock valued at $139,000 after buying an additional 10,567 shares in the last quarter. The value of the company's investment in San Juan Basin Royalty Trust went from $64,000 to $68,000 a change of 6.3% quarter over quarter. As of quarter end Cibc World Markets Inc. had disposed of 54,250 shares trimming its stake by 33.3%. Finally, Wells Fargo & Company MN raised its position in shares of Permian Basin Royalty Trust by 9.1% in the second quarter. TheStreet downgraded San Juan Basin Royalty Trust from a "b-" rating to a "c+" rating in a research note on Friday, June 23rd.

ILLEGAL ACTIVITY WARNING: "Permian Basin Royalty Trust (NYSE:PBT) Receives Daily News Impact Score of 0.02" was first posted by Week Herald and is the sole property of of Week Herald. If you are accessing this news story on another site, it was copied illegally and republished in violation of United States & worldwide copyright law. The Company's Royalty is carved from working, royalty and other oil and natural gas interests owned by Southland Royalty Company, the predecessor to Burlington Resources Oil & Gas Company LP, in properties located in the San Juan Basin of northwestern New Mexico (Subject Interests).

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