Stock Worth Mentioning Today: Cross Timbers Royalty Trust (NYSE:CRT) Institutional Investor Positioning Change

November 15, 2016 - By Clifton Ray   ·   0 Comments

Stock Worth Mentioning Today: Cross Timbers Royalty Trust (NYSE:CRT) Institutional Investor Positioning Change

Sentiment for Cross Timbers Royalty Trust (NYSE:CRT)

Cross Timbers Royalty Trust (NYSE:CRT) institutional sentiment decreased to 1.2 in 2016 Q2. Its down -0.18, from 1.38 in 2016Q1. The ratio has worsened, as 12 institutional investors opened new and increased holdings, while 10 sold and reduced equity positions in Cross Timbers Royalty Trust. The institutional investors in our partner’s database now own: 553,890 shares, up from 526,430 shares in 2016Q1. Also, the number of institutional investors holding Cross Timbers Royalty Trust in their top 10 holdings was flat from 0 to 0 for the same number . Sold All: 4 Reduced: 6 Increased: 5 New Position: 7.

Cross Timbers Royalty Trust is an express trust. The company has a market cap of $108.55 million. The net profits interests are the principal asset of the Trust. It has a 16.26 P/E ratio. The net profits interests consist of approximately 90% net profits interests, which are carved from producing royalty and overriding royalty interest properties in Texas, Oklahoma and New Mexico, and 11.11% nonparticipating royalty interests in non-producing properties located primarily in Texas and Oklahoma.

About 19,958 shares traded hands. Cross Timbers Royalty Trust (NYSE:CRT) has risen 8.87% since April 13, 2016 and is uptrending. It has outperformed by 4.95% the S&P500.

According to Zacks Investment Research, “Cross Timbers Royalty Trust receives royalties derived from oil by the Cross Timbers Oil Company in exchange for a substantial number of units in the trust.”

Lucas Capital Management holds 1.56% of its portfolio in Cross Timbers Royalty Trust for 121,758 shares. Crestpoint Capital Management Llc owns 110,067 shares or 1.06% of their US portfolio. Moreover, Mraz Amerine & Associates Inc. has 0.28% invested in the company for 44,900 shares. The Connecticut-based Fairfield Bush & Co. has invested 0.1% in the stock. Edgemoor Investment Advisors Inc., a Maryland-based fund reported 14,530 shares.#img1#

CRT Company Profile

Cross Timbers Royalty Trust, incorporated on February 12, 1991, is an express trust. The net profits interests are the principal asset of the Trust. The net profits interests consist of approximately 90% net profits interests, which are carved from producing royalty and overriding royalty interest properties in Texas, Oklahoma and New Mexico, and 11.11% nonparticipating royalty interests in non-producing properties located primarily in Texas and Oklahoma. The Company’s net profits interests consist of approximately 75% net profits interests, which are carved from working interests in over four properties in Texas and three properties in Oklahoma.

Another recent and important Cross Timbers Royalty Trust (NYSE:CRT) news was published by Thestreet.com which published an article titled: “Cross Timbers Royalty Trust (CRT) Downgraded From Buy to Hold” on October 28, 2014.

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By Clifton Ray


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