San Juan Basin Royalty Trust (SJT) Shares Bought by Renaissance Technologies LLC

Renaissance Technologies LLC increased its stake in shares of San Juan Basin Royalty Trust (NYSE:SJT) by 27.3% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 115,626 shares of the oil and gas producer’s stock after purchasing an additional 24,801 shares during the quarter. Renaissance Technologies LLC owned 0.25% of San Juan Basin Royalty Trust worth $953,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of SJT. Arrowstreet Capital Limited Partnership lifted its holdings in shares of San Juan Basin Royalty Trust by 136.9% during the fourth quarter. Arrowstreet Capital Limited Partnership now owns 432,755 shares of the oil and gas producer’s stock worth $3,566,000 after purchasing an additional 250,065 shares during the period. Wells Fargo & Company MN lifted its holdings in shares of San Juan Basin Royalty Trust by 723.8% during the third quarter. Wells Fargo & Company MN now owns 168,296 shares of the oil and gas producer’s stock worth $1,320,000 after purchasing an additional 147,868 shares during the period. Aperio Group LLC lifted its holdings in shares of San Juan Basin Royalty Trust by 230.5% during the fourth quarter. Aperio Group LLC now owns 88,635 shares of the oil and gas producer’s stock worth $730,000 after purchasing an additional 61,820 shares during the period. Virtu Financial LLC acquired a new stake in shares of San Juan Basin Royalty Trust during the fourth quarter worth $494,000. Finally, California Public Employees Retirement System lifted its holdings in shares of San Juan Basin Royalty Trust by 45.4% during the third quarter. California Public Employees Retirement System now owns 150,487 shares of the oil and gas producer’s stock worth $1,180,000 after purchasing an additional 46,987 shares during the period. 24.92% of the stock is owned by hedge funds and other institutional investors.

Shares of NYSE SJT opened at $6.91 on Friday. San Juan Basin Royalty Trust has a 1-year low of $6.04 and a 1-year high of $10.54. The firm has a market cap of $322.07, a P/E ratio of 8.86 and a beta of -0.06.

The business also recently declared a monthly dividend, which will be paid on Monday, May 14th. Investors of record on Monday, April 30th will be issued a dividend of $0.0392 per share. This represents a $0.47 annualized dividend and a dividend yield of 6.81%. The ex-dividend date of this dividend is Friday, April 27th.

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 carved out of Southland's oil and natural gas interests (the subject interests) in properties located in the San Juan Basin in northwestern New Mexico. The 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, as well as 829.8 net wells.

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

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