Texas Pac Ld Tr (TPL) Position Raised by Horizon Kinetics Llc

March 14, 2018 - By Henry Gaston

Investors sentiment decreased to 1.12 in 2017 Q3. Its down 0.10, from 1.22 in 2017Q2. It fall, as 8 investors sold TPL shares while 33 reduced holdings. 23 funds opened positions while 23 raised stakes. 2.87 million shares or 0.06% less from 2.88 million shares in 2017Q2 were reported. Ontario – Canada-based Royal Retail Bank Of Canada has invested 0% in Texas Pacific Land Trust (NYSE:TPL). Tocqueville Asset Ltd Partnership reported 0% in Texas Pacific Land Trust (NYSE:TPL). Pnc Ser Grp Inc Inc has invested 0% in Texas Pacific Land Trust (NYSE:TPL). Sfmg Limited invested 0.08% in Texas Pacific Land Trust (NYSE:TPL). Advisers Ltd Co reported 1,412 shares. Schwartz Counsel reported 29,150 shares. 10,617 were accumulated by Swiss Bancshares. Arbiter Capital Mgmt has 6,161 shares. Fernwood Management Limited Liability Corp reported 2,825 shares. National Bank & Trust Of America De holds 6,034 shares or 0% of its portfolio. Tower Research Ltd Liability Co (Trc) holds 0.02% or 658 shares. Northern holds 0% of its portfolio in Texas Pacific Land Trust (NYSE:TPL) for 5,812 shares. Horizon Kinetics Ltd Limited Liability Company has invested 21.15% of its portfolio in Texas Pacific Land Trust (NYSE:TPL). The Florida-based Raymond James Na has invested 0.03% in Texas Pacific Land Trust (NYSE:TPL). Pecaut Comm invested in 3.23% or 9,775 shares.

Murray Stahl increased its stake in Texas Pac Ld Tr (TPL) by 2.55% based on its latest 2017Q3 regulatory filing with the SEC. Horizon Kinetics Llc bought 44,261 shares as the company’s stock declined 4.81% while stock markets rallied. The hedge fund run by Murray Stahl held 1.78 million shares of the oil & gas production company at the end of 2017Q3, valued at $720.08 million, up from 1.74M at the end of the previous reported quarter. Horizon Kinetics Llc who had been investing in Texas Pac Ld Tr for a number of months, seems to be bullish on the $4.08 billion market cap company. The stock increased 0.96% or $4.97 during the last trading session, reaching $520. About 8,117 shares traded. Texas Pacific Land Trust (NYSE:TPL) has risen 81.36% since March 14, 2017 and is uptrending. It has outperformed by 64.66% the S&P500.

Horizon Kinetics Llc, which manages about $5.39 billion and $3.40B US Long portfolio, decreased its stake in Wendys Company (NASDAQ:WEN) by 271,629 shares to 7.09M shares, valued at $110.17M in 2017Q3, according to the filing. It also reduced its holding in Howard Hughes Corp (NYSE:HHC) by 46,842 shares in the quarter, leaving it with 2.53 million shares, and cut its stake in Patterson Uti Energy Inc (NASDAQ:PTEN).

More notable recent Texas Pacific Land Trust (NYSE:TPL) news were published by: Nasdaq.com which released: “Ex-Dividend Reminder: Texas Pacific Land Trust, UMB Financial and UnitedHealth …” on March 06, 2018, also Businesswire.com with their article: “Texas Pacific Land Trust Declares Dividend” published on February 21, 2018, Businesswire.com published: “Texas Pacific Land Trust Announces Fourth Quarter 2017 Financial Results” on January 31, 2018. More interesting news about Texas Pacific Land Trust (NYSE:TPL) were released by: Businesswire.com and their article: “Texas Pacific Land Trust Announces Third Quarter 2017 Financial Results” published on October 30, 2017 as well as Businesswire.com‘s news article titled: “Texas Pacific Land Trust Announces Arbitration Settlement with Chevron USA, Inc.” with publication date: September 14, 2017.

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