November 18, 2016 - By Hazel Jackson · 0 Comments
Mesa Royalty Trust (NYSE:MTR) institutional sentiment increased to 2 in Q2 2016. Its up 0.75, from 1.25 in 2016Q1. The ratio has improved, as 5 active investment managers increased or started new positions, while 4 sold and trimmed stock positions in Mesa Royalty Trust. The active investment managers in our partner’s database now possess: 149,258 shares, down from 209,504 shares in 2016Q1. Also, the number of active investment managers holding Mesa Royalty Trust in their top 10 positions was flat from 0 to 0 for the same number . Sold All: 4 Reduced: 0 Increased: 1 New Position: 4.
Mesa Royalty Trust owns property interests in the Hugoton Area and the San Juan Basin (Northwestern New Mexico and Southwestern Colorado). The company has a market cap of $19.93 million. The Trust does not engage in any operations. It has a 17.29 P/E ratio. The gas produced from the Hugoton properties is available for sale on the spot market.
About 469 shares traded hands. Mesa Royalty Trust (NYSE:MTR) has risen 9.54% since April 18, 2016 and is uptrending. It has outperformed by 5.11% the S&P500.
According to Zacks Investment Research, “MESA ROYALTY TRUST The Trust holds a 90% net profits overriding royalty interest in certain producing oil and gas properties located in the Hugoton field of Kansas, the San Juan Basin field of New Mexico and Colorado, and the Yellow Creek field of Wyoming.”
Lucas Capital Management holds 0.21% of its portfolio in Mesa Royalty Trust for 27,365 shares. Goodwin Daniel L owns 11,300 shares or 0.04% of their US portfolio. Moreover, Bank Of America Corp De has 0% invested in the company for 8,216 shares. The New Jersey-based Blackrock Investment Management Llc has invested 0% in the stock. Deutsche Bank Ag, a Germany-based fund reported 5,600 shares.#img1#
Mesa Royalty Trust, incorporated on November 1, 1979, owns property interests in the Hugoton Area (Kansas) and the San Juan Basin (Northwestern New Mexico and Southwestern Colorado). The Trust does not engage in any operations.
More notable recent Mesa Royalty Trust (NYSE:MTR) news were published by: Businesswire.com which released: “Mesa Royalty Trust Announces Trust Income for November 2016” on November 16, 2016, also Businesswire.com with their article: “Mesa Royalty Trust Announces Trust Income for October 2016” published on October 18, 2016, Businesswire.com published: “Mesa Royalty Trust Announces Trust Income for July 2016” on July 18, 2016. More interesting news about Mesa Royalty Trust (NYSE:MTR) were released by: Seekingalpha.com and their article: “Mesa Royalty Trust Is Still Valued Too Optimistically” published on October 27, 2014 as well as Thestreet.com‘s news article titled: “Worst of the Worst: Stay Away From This Awful Energy Royalty Trust” with publication date: May 24, 2016.
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By Hazel Jackson