San Juan Basin Royalty Trust (NYSE:SJT) Shares Sold by Two Sigma Investments LP

Two Sigma Investments LP cut its position in San Juan Basin Royalty Trust (NYSE:SJT) by 12.4% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 94,159 shares of the oil and gas producer’s stock after selling 13,340 shares during the quarter. Two Sigma Investments LP owned 0.20% of San Juan Basin Royalty Trust worth $361,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also made changes to their positions in SJT. Pecaut & CO. bought a new position in San Juan Basin Royalty Trust during the 4th quarter valued at $38,000. Mariner LLC bought a new position in San Juan Basin Royalty Trust during the 4th quarter valued at $40,000. Oxbow Advisors LLC bought a new position in San Juan Basin Royalty Trust during the 4th quarter valued at $43,000. Rahlfs Capital LLC bought a new position in San Juan Basin Royalty Trust during the 4th quarter valued at $44,000. Finally, Morse Asset Management Inc bought a new position in San Juan Basin Royalty Trust during the 4th quarter valued at $66,000. 10.42% of the stock is currently owned by hedge funds and other institutional investors.

San Juan Basin Royalty Trust Price Performance

NYSE SJT opened at $6.39 on Wednesday. San Juan Basin Royalty Trust has a 12 month low of $3.21 and a 12 month high of $7.22. The company has a market capitalization of $297.83 million, a price-to-earnings ratio of 23.67 and a beta of 0.69. The company’s fifty day moving average price is $6.05 and its two-hundred day moving average price is $5.06.

About San Juan Basin Royalty Trust

San Juan Basin Royalty Trust operates as an express trust in Texas. The company has a 75% net overriding royalty interest in Southland’s oil and natural gas interests in properties located in the San Juan Basin in northwestern New Mexico. It also owns subject interests consist of working interests, royalty interests, overriding royalty interests, and other contractual rights in 119,000 net-producing acres in San Juan, Rio Arriba, and Sandoval Counties of northwestern New Mexico.