Horizon Kinetics LLC Holding In Texas Pac Ld Tr (TPL) Was Boosted

March 14, 2018 - By Vivian Park

Investors sentiment decreased to 1.12 in Q3 2017. Its down 0.10, from 1.22 in 2017Q2. It fall, as 8 investors sold TPL shares while 33 reduced holdings. 23 funds opened positions while 23 raised stakes. 2.87 million shares or 0.06% less from 2.88 million shares in 2017Q2 were reported. Deprince Race And Zollo reported 3,600 shares. Pnc Fincl Svcs owns 9,952 shares for 0% of their portfolio. Regentatlantic invested in 0.08% or 2,200 shares. Vanguard Grp, Pennsylvania-based fund reported 14,004 shares. Citigroup Inc accumulated 1,210 shares or 0% of the stock. Trust Communication Of Vermont, Vermont-based fund reported 1,000 shares. Brown Advisory holds 0% or 3,643 shares in its portfolio. Great West Life Assurance Can holds 0% or 781 shares. Ipswich Mgmt holds 0.38% of its portfolio in Texas Pacific Land Trust (NYSE:TPL) for 2,100 shares. Boys Arnold holds 0.03% or 500 shares in its portfolio. Wellington Mngmt Grp Incorporated Ltd Liability Partnership holds 515 shares or 0% of its portfolio. Fifth Third Savings Bank reported 0.01% of its portfolio in Texas Pacific Land Trust (NYSE:TPL). Arrowstreet Cap Partnership reported 0.01% of its portfolio in Texas Pacific Land Trust (NYSE:TPL). Hodges Capital Management Inc reported 151,255 shares. Janney Montgomery Scott Ltd Liability Com holds 722 shares or 0% of its portfolio.

Murray Stahl increased its stake in Texas Pac Ld Tr (TPL) by 2.55% based on its latest 2017Q3 regulatory filing with the SEC. Horizon Kinetics Llc bought 44,261 shares as the company’s stock declined 4.81% while stock markets rallied. The hedge fund run by Murray Stahl held 1.78M shares of the oil & gas production company at the end of 2017Q3, valued at $720.08M, up from 1.74 million at the end of the previous reported quarter. Horizon Kinetics Llc who had been investing in Texas Pac Ld Tr for a number of months, seems to be bullish on the $4.08B market cap company. The stock increased 0.96% or $4.97 during the last trading session, reaching $520. About 8,117 shares traded. Texas Pacific Land Trust (NYSE:TPL) has risen 81.36% since March 14, 2017 and is uptrending. It has outperformed by 64.66% the S&P500.

Horizon Kinetics Llc, which manages about $5.39 billion and $3.40 billion US Long portfolio, decreased its stake in Patterson Uti Energy Inc (NASDAQ:PTEN) by 190,007 shares to 493,742 shares, valued at $10.34 million in 2017Q3, according to the filing. It also reduced its holding in Wheaton Precious Metals Corp by 316,645 shares in the quarter, leaving it with 3.30 million shares, and cut its stake in Howard Hughes Corp (NYSE:HHC).

More notable recent Texas Pacific Land Trust (NYSE:TPL) news were published by: Seekingalpha.com which released: “Buy And Hold Indicators For Texas Pacific Land Trust” on November 02, 2017, also Nasdaq.com with their article: “Ex-Dividend Reminder: Texas Pacific Land Trust, UMB Financial and UnitedHealth …” published on March 06, 2018, Businesswire.com published: “Texas Pacific Land Trust Announces Third Quarter 2017 Financial Results” on October 30, 2017. More interesting news about Texas Pacific Land Trust (NYSE:TPL) were released by: Businesswire.com and their article: “Texas Pacific Land Trust Announces Arbitration Settlement with Chevron USA, Inc.” published on September 14, 2017 as well as Businesswire.com‘s news article titled: “Texas Pacific Land Trust Declares Dividend” with publication date: February 21, 2018.

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