Scully Royalty (NYSE:SRL – Get Free Report) was upgraded by equities researchers at Wall Street Zen to a “hold” rating in a report issued on Saturday.
Separately, Weiss Ratings reiterated a “sell (d)” rating on shares of Scully Royalty in a research report on Wednesday, January 21st. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, Scully Royalty presently has a consensus rating of “Sell”.
Check Out Our Latest Analysis on SRL
Scully Royalty Trading Down 2.4%
Scully Royalty (NYSE:SRL – Get Free Report) last posted its quarterly earnings data on Wednesday, December 31st. The financial services provider reported ($0.05) EPS for the quarter. The company had revenue of $6.82 million during the quarter.
Institutional Inflows and Outflows
A hedge fund recently bought a new stake in Scully Royalty stock. Barclays PLC acquired a new stake in Scully Royalty Ltd. (NYSE:SRL – Free Report) during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm acquired 29,100 shares of the financial services provider’s stock, valued at approximately $249,000. Barclays PLC owned approximately 0.20% of Scully Royalty at the end of the most recent quarter. Institutional investors and hedge funds own 41.96% of the company’s stock.
Scully Royalty Company Profile
Scully Royalty Ltd. is a mineral royalty company that acquires, owns and manages a diversified portfolio of oil and gas royalty and overriding royalty interests in key onshore producing regions of the United States. As a royalty owner, the company receives a percentage of production revenue from its assets without assuming the operational and capital expenditure burdens associated with exploration and development.
The company’s portfolio spans multiple established hydrocarbon basins, including conventional and unconventional plays.
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