1,500 Shares in BP Prudhoe Bay Royalty Trust (NYSE:BPT) Purchased by U S Global Investors Inc.

U S Global Investors Inc. purchased a new stake in shares of BP Prudhoe Bay Royalty Trust (NYSE:BPT) during the first quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 1,500 shares of the oil and gas company’s stock, valued at approximately $40,000.

Other institutional investors also recently modified their holdings of the company. Formidable Asset Management LLC purchased a new stake in shares of BP Prudhoe Bay Royalty Trust in the 4th quarter valued at $308,000. CoreCommodity Management LLC purchased a new stake in shares of BP Prudhoe Bay Royalty Trust in the 4th quarter valued at $114,000. GSA Capital Partners LLP purchased a new stake in shares of BP Prudhoe Bay Royalty Trust in the 4th quarter valued at $229,000. Deutsche Bank AG purchased a new stake in shares of BP Prudhoe Bay Royalty Trust in the 4th quarter valued at $1,542,000. Finally, Cambridge Investment Research Advisors Inc. boosted its holdings in shares of BP Prudhoe Bay Royalty Trust by 36.6% in the 4th quarter. Cambridge Investment Research Advisors Inc. now owns 17,183 shares of the oil and gas company’s stock valued at $372,000 after acquiring an additional 4,604 shares during the last quarter. Institutional investors and hedge funds own 4.38% of the company’s stock.

NYSE BPT traded down $0.96 during mid-day trading on Wednesday, reaching $16.45. 14,500 shares of the stock were exchanged, compared to its average volume of 307,257. BP Prudhoe Bay Royalty Trust has a 1 year low of $17.00 and a 1 year high of $37.23. The company has a market capitalization of $365.94 million, a PE ratio of 3.59 and a beta of 0.03.

BP Prudhoe Bay Royalty Trust (NYSE:BPT) last announced its quarterly earnings results on Friday, May 10th. The oil and gas company reported $1.00 earnings per share (EPS) for the quarter. The firm had revenue of $21.76 million for the quarter. BP Prudhoe Bay Royalty Trust had a net margin of 98.92% and a return on equity of 15,192.85%.

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BP Prudhoe Bay Royalty Trust Company Profile

BP Prudhoe Bay Royalty Trust operates as a grantor trust in the United States. The company holds overriding royalty interest comprising a non-operational interest in minerals in the Prudhoe Bay oil field located on the North Slope of Alaska. The Prudhoe Bay field extends approximately 12 miles by 27 miles and contains approximately 150,000 gross productive acres.

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Institutional Ownership by Quarter for BP Prudhoe Bay Royalty Trust (NYSE:BPT)

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