California Public Employees Retirement System continued to hold its position in shares of San Juan Basin Royalty Trust (NYSE:SJT) during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 103,500 shares of the oil and gas producer’s stock at the close of the second quarter. California Public Employees Retirement System owned 0.22% of San Juan Basin Royalty Trust worth $705,000 at the end of the most recent reporting period.

Several other institutional investors have also recently bought and sold shares of the company. Captrust Financial Advisors acquired a new position in shares of San Juan Basin Royalty Trust in the second quarter valued at approximately $156,000. Wells Fargo & Company MN grew its position in shares of San Juan Basin Royalty Trust by 107.2% in the second quarter. Wells Fargo & Company MN now owns 20,428 shares of the oil and gas producer’s stock valued at $139,000 after purchasing an additional 10,567 shares during the last quarter. Hilton Capital Management LLC grew its position in shares of San Juan Basin Royalty Trust by 11.1% in the second quarter. Hilton Capital Management LLC now owns 1,558,551 shares of the oil and gas producer’s stock valued at $10,614,000 after purchasing an additional 156,325 shares during the last quarter. Blair William & Co. IL grew its position in shares of San Juan Basin Royalty Trust by 5.7% in the second quarter. Blair William & Co. IL now owns 14,800 shares of the oil and gas producer’s stock valued at $101,000 after purchasing an additional 800 shares during the last quarter. Finally, Lucas Capital Management grew its position in shares of San Juan Basin Royalty Trust by 20.1% in the second quarter. Lucas Capital Management now owns 67,000 shares of the oil and gas producer’s stock valued at $456,000 after purchasing an additional 11,200 shares during the last quarter. 24.72% of the stock is currently owned by institutional investors.

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Separately, BidaskClub downgraded San Juan Basin Royalty Trust from a “hold” rating to a “sell” rating in a research report on Saturday, August 26th.

Shares of San Juan Basin Royalty Trust (NYSE SJT) opened at $7.88 on Friday. The stock has a market capitalization of $356.56, a P/E ratio of 9.83 and a beta of -0.43. San Juan Basin Royalty Trust has a 12-month low of $5.92 and a 12-month high of $8.49.

The business also recently declared a monthly dividend, which was paid on Tuesday, November 14th. Investors of record on Tuesday, October 31st were given a dividend of $0.0727 per share. This represents a $0.87 dividend on an annualized basis and a yield of 11.08%. The ex-dividend date of this dividend was Monday, October 30th. San Juan Basin Royalty Trust’s dividend payout ratio is currently 110.13%.

San Juan Basin Royalty Trust Company Profile

San Juan Basin Royalty Trust is an express trust. The principal asset of the Trust is Royalty. Its 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 (Burlington), in properties located in the San Juan Basin of northwestern New Mexico (Subject Interests).

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

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