Susquehanna International Group LLP boosted its holdings in Sabine Royalty Trust (NYSE:SBR) by 45.5% in the third quarter, according to its most recent Form 13F filing with the SEC. The fund owned 8,000 shares of the energy company’s stock after purchasing an additional 2,500 shares during the period. Susquehanna International Group LLP owned about 0.05% of Sabine Royalty Trust worth $329,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also modified their holdings of the company. Acrospire Investment Management LLC boosted its holdings in Sabine Royalty Trust by 4,811.9% in the second quarter. Acrospire Investment Management LLC now owns 2,898 shares of the energy company’s stock valued at $112,000 after purchasing an additional 2,839 shares during the last quarter. Northwestern Mutual Wealth Management Co. raised its stake in Sabine Royalty Trust by 2.0% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 4,556 shares of the energy company’s stock valued at $177,000 after buying an additional 88 shares in the last quarter. Tradition Capital Management LLC acquired a new stake in Sabine Royalty Trust during the third quarter valued at approximately $204,000. Aull & Monroe Investment Management Corp acquired a new stake in Sabine Royalty Trust during the third quarter valued at approximately $208,000. Finally, GSA Capital Partners LLP acquired a new stake in Sabine Royalty Trust during the second quarter valued at approximately $205,000. 8.76% of the stock is owned by hedge funds and other institutional investors.

Shares of Sabine Royalty Trust (SBR) opened at $44.15 on Tuesday. Sabine Royalty Trust has a one year low of $33.50 and a one year high of $45.08. The stock has a market capitalization of $645.86, a P/E ratio of 19.51 and a beta of 0.23.

The company also recently disclosed a monthly dividend, which will be paid on Friday, December 29th. Shareholders of record on Friday, December 15th will be paid a dividend of $0.199 per share. The ex-dividend date is Thursday, December 14th. This represents a $2.39 annualized dividend and a yield of 5.41%. This is a boost from Sabine Royalty Trust’s previous monthly dividend of $0.14. Sabine Royalty Trust’s dividend payout ratio is presently 105.29%.

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Sabine Royalty Trust Profile

Sabine Royalty Trust (the Trust) is an express trust. The Royalty Properties are the assets of the Trust. The Royalty Properties constitute interests in gross production of oil, gas and other minerals free of the costs of production. Southwest Bank acts as trustee of the Trust. The Royalty Properties consist of royalty and mineral interests, including landowner’s royalties, overriding royalty interests, minerals (other than executive rights, bonuses and delay rentals), production payments and any other similar, non-participatory interest, in certain producing and proved undeveloped oil and gas properties located in Florida, Louisiana, Mississippi, New Mexico, Oklahoma and Texas.

Institutional Ownership by Quarter for Sabine Royalty Trust (NYSE:SBR)

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