Texas Pacific Land Trust (TPL) Position Decreased by Holt Capital Advisors L.L.C. dba Holt Capital Partners L.P.

Holt Capital Advisors L.L.C. dba Holt Capital Partners L.P. decreased its stake in Texas Pacific Land Trust (NYSE:TPL) by 6.6% in the first quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 4,985 shares of the financial services provider’s stock after selling 350 shares during the quarter. Holt Capital Advisors L.L.C. dba Holt Capital Partners L.P.’s holdings in Texas Pacific Land Trust were worth $2,520,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors also recently added to or reduced their stakes in the company. Aperio Group LLC lifted its stake in Texas Pacific Land Trust by 106.0% in the 4th quarter. Aperio Group LLC now owns 1,158 shares of the financial services provider’s stock worth $517,000 after acquiring an additional 596 shares in the last quarter. Public Employees Retirement Association of Colorado purchased a new stake in Texas Pacific Land Trust in the 4th quarter worth about $239,000. Teacher Retirement System of Texas lifted its stake in Texas Pacific Land Trust by 317.4% in the 4th quarter. Teacher Retirement System of Texas now owns 2,179 shares of the financial services provider’s stock worth $973,000 after acquiring an additional 1,657 shares in the last quarter. California Public Employees Retirement System lifted its stake in Texas Pacific Land Trust by 2.9% in the 4th quarter. California Public Employees Retirement System now owns 21,012 shares of the financial services provider’s stock worth $9,385,000 after acquiring an additional 602 shares in the last quarter. Finally, Swiss National Bank lifted its stake in Texas Pacific Land Trust by 1.9% in the 4th quarter. Swiss National Bank now owns 10,817 shares of the financial services provider’s stock worth $4,831,000 after acquiring an additional 200 shares in the last quarter. Institutional investors and hedge funds own 39.89% of the company’s stock.

Texas Pacific Land Trust traded up $3.74, hitting $681.90, during mid-day trading on Monday, Marketbeat Ratings reports. The company’s stock had a trading volume of 5 shares, compared to its average volume of 16,891. The company has a market cap of $5.29 billion, a P/E ratio of 48.44 and a beta of 1.09. Texas Pacific Land Trust has a 52-week low of $282.82 and a 52-week high of $739.89.

Texas Pacific Land Trust (NYSE:TPL) last announced its quarterly earnings data on Monday, April 30th. The financial services provider reported $5.60 earnings per share (EPS) for the quarter. The firm had revenue of $26.55 million during the quarter. Texas Pacific Land Trust had a return on equity of 143.43% and a net margin of 78.14%.

Separately, ValuEngine raised Texas Pacific Land Trust from a “hold” rating to a “buy” rating in a research note on Thursday, March 1st.

Texas Pacific Land Trust Profile

Texas Pacific Land Trust holds title to tracts of land in the state of Texas. The company operates through two segments, Land and Resource Management, and Water Service and Operations. It sells, leases, and manages these lands for the benefit of the holders of Certificates of Proprietary Interest in the Trust.

Want to see what other hedge funds are holding TPL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Texas Pacific Land Trust (NYSE:TPL).

Institutional Ownership by Quarter for Texas Pacific Land Trust (NYSE:TPL)

Receive News & Ratings for Texas Pacific Land Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Texas Pacific Land Trust and related companies with MarketBeat.com's FREE daily email newsletter.


Leave a Reply