Shares of San Juan Basin Royalty Trust (NYSE:SJT) reached a new 52-week low on Monday . The company traded as low as $5.27 and last traded at $5.24, with a volume of 300 shares. The stock had previously closed at $5.31.

Separately, TheStreet lowered shares of San Juan Basin Royalty Trust from a “b-” rating to a “c+” rating in a research report on Thursday, June 21st.

The stock has a market cap of $258.68 million, a PE ratio of 7.12 and a beta of -0.04.

San Juan Basin Royalty Trust (NYSE:SJT) last announced its earnings results on Thursday, August 9th. The oil and gas producer reported $0.05 earnings per share (EPS) for the quarter. The firm had revenue of $2.99 million during the quarter. San Juan Basin Royalty Trust had a net margin of 95.60% and a return on equity of 520.42%.

The business also recently announced a monthly dividend, which will be paid on Monday, September 17th. Investors of record on Friday, August 31st will be given a $0.032 dividend. The ex-dividend date of this dividend is Thursday, August 30th. This represents a $0.38 dividend on an annualized basis and a yield of 7.40%.

A number of institutional investors and hedge funds have recently made changes to their positions in SJT. Renaissance Technologies LLC grew its position in San Juan Basin Royalty Trust by 552.2% in the 2nd quarter. Renaissance Technologies LLC now owns 367,825 shares of the oil and gas producer’s stock valued at $2,130,000 after buying an additional 311,428 shares in the last quarter. Baird Financial Group Inc. boosted its position in shares of San Juan Basin Royalty Trust by 856.2% during the 2nd quarter. Baird Financial Group Inc. now owns 222,800 shares of the oil and gas producer’s stock valued at $1,290,000 after purchasing an additional 199,499 shares in the last quarter. CIBC World Markets Inc. bought a new position in shares of San Juan Basin Royalty Trust during the 1st quarter valued at about $484,000. GSA Capital Partners LLP bought a new position in shares of San Juan Basin Royalty Trust during the 2nd quarter valued at about $186,000. Finally, Bank of Montreal Can bought a new position in shares of San Juan Basin Royalty Trust during the 2nd quarter valued at about $184,000. Hedge funds and other institutional investors own 25.29% of the company’s stock.

About San Juan Basin Royalty Trust (NYSE:SJT)

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.

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