Cross Timbers Royalty Trust (NYSE:CRT) Major Shareholder Eric Oliver Buys 3,159 Shares of Stock

Cross Timbers Royalty Trust (NYSE:CRT) major shareholder Eric Oliver purchased 3,159 shares of the stock in a transaction that occurred on Thursday, March 26th. The stock was bought at an average cost of $9.91 per share, for a total transaction of $31,305.69. Following the acquisition, the insider directly owned 629,384 shares in the company, valued at $6,237,195.44. This trade represents a 0.50% increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Major shareholders that own 10% or more of a company’s shares are required to disclose their sales and purchases with the SEC.

Cross Timbers Royalty Trust Trading Up 5.1%

Cross Timbers Royalty Trust stock opened at $10.50 on Friday. The business’s 50 day simple moving average is $9.07 and its 200 day simple moving average is $8.35. Cross Timbers Royalty Trust has a 12 month low of $7.07 and a 12 month high of $13.31. The company has a market cap of $62.97 million, a price-to-earnings ratio of 13.81 and a beta of 0.10.

Cross Timbers Royalty Trust (NYSE:CRT) last released its earnings results on Friday, March 27th. The oil and gas company reported $0.23 earnings per share (EPS) for the quarter. The business had revenue of $1.64 million during the quarter. Cross Timbers Royalty Trust had a return on equity of 191.25% and a net margin of 79.29%.

Cross Timbers Royalty Trust Cuts Dividend

The company also recently disclosed a monthly dividend, which will be paid on Tuesday, April 14th. Investors of record on Tuesday, March 31st will be issued a $0.0009 dividend. The ex-dividend date of this dividend is Tuesday, March 31st. This represents a c) annualized dividend and a yield of 0.1%. Cross Timbers Royalty Trust’s dividend payout ratio (DPR) is 78.95%.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reaffirmed a “sell (d)” rating on shares of Cross Timbers Royalty Trust in a report on Wednesday, January 21st. One analyst has rated the stock with a Sell rating, According to MarketBeat.com, the stock currently has an average rating of “Sell”.

Key Stories Impacting Cross Timbers Royalty Trust

Here are the key news stories impacting Cross Timbers Royalty Trust this week:

• Positive Sentiment: Major insider buying — Eric L. Oliver increased his stake with two recent purchases (26,134 shares at ~$9.69 on Mar 25 and 3,159 shares at ~$9.91 on Mar 26). The filings show his holdings now exceed ~629K shares; insider accumulation by a >10% holder generally signals confidence in future cash flow. SEC Filing Eric Oliver Acquires 26,134 Shares
• Positive Sentiment: Quarterly results showed earnings per share of $0.23 on revenue of $1.64M, with a very high net margin (~79%) and an elevated return on equity (~191%), underscoring the trust’s cash-generating/royalty structure and supporting distributions. Coverage and snapshots of Q4 earnings reinforced the upbeat view. Q4 Earnings Snapshot
• Positive Sentiment: Technical breakout — shares moved above the 50‑day moving average, which can attract momentum and technical traders and help sustain the rally. 50-Day Moving Average Article
• Neutral Sentiment: Market context — CRT’s profile: modest market cap (~$63M), P/E ~14, low beta (~0.10), 50‑day / 200‑day MAs near $9.07 / $8.35, and recent volume above average. These metrics frame risk/reward but do not change fundamentals immediately.

Institutional Investors Weigh In On Cross Timbers Royalty Trust

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. O Shaughnessy Asset Management LLC lifted its position in shares of Cross Timbers Royalty Trust by 23.3% during the fourth quarter. O Shaughnessy Asset Management LLC now owns 14,030 shares of the oil and gas company’s stock worth $112,000 after acquiring an additional 2,651 shares in the last quarter. Susquehanna International Group LLP bought a new stake in shares of Cross Timbers Royalty Trust during the 3rd quarter valued at $212,000. Bank of America Corp DE raised its stake in shares of Cross Timbers Royalty Trust by 81.3% during the 2nd quarter. Bank of America Corp DE now owns 3,596 shares of the oil and gas company’s stock valued at $36,000 after purchasing an additional 1,612 shares during the period. Finally, Scotia Capital Inc. purchased a new stake in Cross Timbers Royalty Trust during the 2nd quarter worth about $109,000. Institutional investors own 9.74% of the company’s stock.

About Cross Timbers Royalty Trust

Cross Timbers Royalty Trust (NYSE:CRT) is a Delaware statutory trust that holds royalty interests in a portfolio of onshore oil and natural gas properties. The trust was established in June 2005 through a contribution of assets by Chesapeake Energy Corporation. It earns revenue by collecting overriding royalty and net profit interests carved out of producing leases and then distributing those receipts to its unitholders on a quarterly basis.

The underlying assets of the trust consist primarily of oil, natural gas and natural gas liquids reserves located in several Texas counties, including Erath, Stephens, Comanche and Palo Pinto.