Anti-Permian Basin Royalty Trust Institutional Investors Sentiment Runs Low in 2017 Q3

January 5, 2018 - By Adrian Mccoy

 Anti Permian Basin Royalty Trust Institutional Investors Sentiment Runs Low in  2017 Q3

Sentiment for Permian Basin Royalty Trust (NYSE:PBT)

Permian Basin Royalty Trust (NYSE:PBT) institutional sentiment decreased to 0.84 in Q3 2017. Its down -0.83, from 1.67 in 2017Q2. The ratio dived, as 21 investment managers increased and started new positions, while 25 sold and reduced stock positions in Permian Basin Royalty Trust. The investment managers in our partner’s database now possess: 4.41 million shares, down from 4.68 million shares in 2017Q2. Also, the number of investment managers holding Permian Basin Royalty Trust in their top 10 positions was flat from 0 to 0 for the same number . Sold All: 7 Reduced: 18 Increased: 12 New Position: 9.

Permian Basin Royalty Trust, an express trust, holds overriding royalty interests in various gas and oil properties in the United States. The company has market cap of $419.14 million. The firm owns a 75% net overriding royalty interest in the Waddell Ranch properties comprising Dune, Judkins, McKnight, Tubb, University-Waddell, and Waddell fields located in Crane County, Texas. It has a 14.37 P/E ratio. As of December 31, 2016, its Waddell Ranch properties contained 349 net productive oil wells, 64 net productive gas wells, and 102 net injection wells.

The stock decreased 0.30% or $0.0272 during the last trading session, reaching $8.9928. About 3,540 shares traded. Permian Basin Royalty Trust (NYSE:PBT) has risen 49.85% since January 5, 2017 and is uptrending. It has outperformed by 33.15% the S&P500.

Foundation Resource Management Inc holds 1.75% of its portfolio in Permian Basin Royalty Trust for 1.21 million shares. Hawkins Capital L.P. owns 72,400 shares or 0.26% of their US portfolio. Moreover, Mraz Amerine & Associates Inc. has 0.21% invested in the company for 74,750 shares. The New Jersey-based Lucas Capital Management has invested 0.17% in the stock. Horizon Kinetics Llc, a New York-based fund reported 493,542 shares.#img1#

More notable recent Permian Basin Royalty Trust (NYSE:PBT) news were published by: Nasdaq.com which released: “Permian Basin Royalty Trust (PBT) Ex-Dividend Date Scheduled for December 28, 2017” on December 27, 2017, also Seekingalpha.com with their article: “Permian Basin Royalty Trust: Small-Cap Alpha” published on March 20, 2017, Nasdaq.com published: “Permian Basin Royalty Trust (PBT) Ex-Dividend Date Scheduled for November 29, 2017” on November 28, 2017. More interesting news about Permian Basin Royalty Trust (NYSE:PBT) were released by: Nasdaq.com and their article: “Permian Basin Royalty Trust (PBT) Ex-Dividend Date Scheduled for September 28 …” published on May 12, 2017 as well as Nasdaq.com‘s news article titled: “Permian Basin Royalty Trust (PBT) Ex-Dividend Date Scheduled for August 29, 2017” with publication date: August 28, 2017.

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