Hugoton Royalty Trust Sentiment Worsening on Low Stock Potential

June 16, 2018 - By Vivian Currie

Sentiment for Hugoton Royalty Trust (NYSE:HGT)

Hugoton Royalty Trust (NYSE:HGT) institutional sentiment decreased to 0.8 in 2018 Q1. Its down -0.41, from 1.21 in 2017Q4. The ratio has worsened, as 12 hedge funds opened new or increased positions, while 15 decreased and sold their stock positions in Hugoton Royalty Trust. The hedge funds in our partner’s database now possess: 5.26 million shares, up from 5.15 million shares in 2017Q4. Also, the number of hedge funds holding Hugoton Royalty Trust in their top 10 positions increased from 1 to 2 for an increase of 1. Sold All: 8 Reduced: 7 Increased: 4 New Position: 8.

Hugoton Royalty Trust operates as an express trust in the United States It holds 80% net profits interests in certain gas-producing working interest properties in Kansas, Oklahoma, and Wyoming. The company has market cap of $29.60 million.

The stock increased 1.36% or $0.01 during the last trading session, reaching $0.74. About 103,773 shares traded. Hugoton Royalty Trust (NYSE:HGT) has declined 58.36% since June 16, 2017 and is downtrending. It has underperformed by 70.93% the S&P500.

Sanctuary Wealth Advisors Llc holds 0.49% of its portfolio in Hugoton Royalty Trust for 9,838 shares. Steel Partners Holdings L.P. owns 1.00 million shares or 0.3% of their US portfolio. Moreover, Greenwich Investment Management Inc. has 0.19% invested in the company for 234,804 shares. The Illinois-based Botty Investors Llc has invested 0.03% in the stock. Price Michael F, a New York-based fund reported 190,440 shares.

Another recent and important Hugoton Royalty Trust (NYSE:HGT) news was published by Prnewswire.com which published an article titled: “Hugoton Royalty Trust Declares No May Cash Distribution” on May 18, 2018.

Hugoton Royalty Trust (NYSE:HGT) Institutional Positions Chart

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