Texas Pacific Land Trust (TPL) Shareholder Arbiter Partners Capital Management LLC Trimmed Its Holding by $8.63 Million

July 17, 2017 - By Vivian Park

Investors sentiment decreased to 1.03 in Q4 2016. Its down 0.03, from 1.06 in 2016Q3. It fall, as 5 investors sold TPL shares while 25 reduced holdings. 14 funds opened positions while 17 raised stakes. 2.97 million shares or 1.31% less from 3.01 million shares in 2016Q3 were reported. Hendershot Invs reported 1,000 shares. Beddow Capital Inc accumulated 11,375 shares. Ubs Asset Americas Inc reported 1,496 shares. Ipswich Mgmt invested 0.28% of its portfolio in Texas Pacific Land Trust (NYSE:TPL). Lodestar Investment Counsel Llc Il owns 3,000 shares or 0.12% of their US portfolio. Millennium Mgmt Ltd Liability owns 19,878 shares. Alps Advisors Incorporated has invested 0% in Texas Pacific Land Trust (NYSE:TPL). Goldman Sachs Grp Inc reported 1,851 shares. Credit Suisse Ag holds 4,127 shares or 0% of its portfolio. Hodges Management Inc has invested 3.63% in Texas Pacific Land Trust (NYSE:TPL). Royal Fincl Bank Of Canada holds 0% or 4,506 shares in its portfolio. 700 were accumulated by Commonwealth Equity Ser Inc. Creative Planning has invested 0% of its portfolio in Texas Pacific Land Trust (NYSE:TPL). National Asset Mngmt Inc holds 0.09% or 1,500 shares in its portfolio. Glenmede Na, Pennsylvania-based fund reported 150 shares.

Since March 3, 2017, it had 2 insider buys, and 0 sales for $58,576 activity. Packer Robert J bought $29,376 worth of stock or 100 shares. $29,200 worth of Texas Pacific Land Trust (NYSE:TPL) was bought by Barry David E. on Friday, March 3.

Paul J. Isaac decreased its stake in Texas Pacific Land Trust (TPL) by 19.75% based on its latest 2016Q4 regulatory filing with the SEC. Arbiter Partners Capital Management Llc sold 29,172 shares as the company’s stock declined 4.81% while stock markets rallied. The hedge fund run by Paul J. Isaac held 118,567 shares of the oil & gas production company at the end of 2016Q4, valued at $35.19 million, down from 147,739 at the end of the previous reported quarter. Arbiter Partners Capital Management Llc who had been investing in Texas Pacific Land Trust for a number of months, seems to be less bullish one the $2.41 billion market cap company. The stock increased 0.25% or $0.75 on July 17, reaching $305.5. About 23,262 shares traded or 17.46% up from the average. Texas Pacific Land Trust (NYSE:TPL) has risen 81.36% since July 17, 2016 and is uptrending. It has outperformed by 64.66% the S&P500.

Arbiter Partners Capital Management Llc, which manages about $1.06B and $596.34M US Long portfolio, upped its stake in Gilead Sciences Inc (Call) (NASDAQ:GILD) by 50,000 shares to 150,000 shares, valued at $10.74M in 2016Q4, according to the filing.

More notable recent Texas Pacific Land Trust (NYSE:TPL) news were published by: Seekingalpha.com which released: “Texas Pacific Land Trust, A Good Value” on August 04, 2016, also Seekingalpha.com with their article: “Texas Pacific Land Trust: Way Overvalued” published on March 09, 2017, Seekingalpha.com published: “In Search Of A Price Target For Texas Pacific Land Trust” on March 22, 2017. More interesting news about Texas Pacific Land Trust (NYSE:TPL) were released by: Seekingalpha.com and their article: “Texas Pacific Land Trust – Land For Sale At A Discount” published on November 29, 2015 as well as Valuewalk.com‘s news article titled: “Texas Pacific Land Trust – A Tontine!” with publication date: October 16, 2015.

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