Clarus Wealth Advisors Takes $210,000 Position in Sabine Royalty Trust (SBR)

Clarus Wealth Advisors bought a new position in Sabine Royalty Trust (NYSE:SBR) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm bought 4,717 shares of the energy company’s stock, valued at approximately $210,000.

Several other institutional investors have also modified their holdings of the company. Wildcat Capital Management LLC boosted its stake in shares of Sabine Royalty Trust by 149.6% during the 3rd quarter. Wildcat Capital Management LLC now owns 186,000 shares of the energy company’s stock worth $7,533,000 after acquiring an additional 111,495 shares during the last quarter. Ladenburg Thalmann Financial Services Inc. boosted its stake in shares of Sabine Royalty Trust by 50.6% during the 3rd quarter. Ladenburg Thalmann Financial Services Inc. now owns 14,511 shares of the energy company’s stock worth $593,000 after acquiring an additional 4,874 shares during the last quarter. State Street Corp boosted its stake in shares of Sabine Royalty Trust by 1.4% during the 2nd quarter. State Street Corp now owns 10,240 shares of the energy company’s stock worth $397,000 after acquiring an additional 140 shares during the last quarter. Commonwealth Equity Services Inc boosted its stake in shares of Sabine Royalty Trust by 17.2% during the 3rd quarter. Commonwealth Equity Services Inc now owns 8,678 shares of the energy company’s stock worth $354,000 after acquiring an additional 1,276 shares during the last quarter. Finally, Susquehanna International Group LLP lifted its stake in shares of Sabine Royalty Trust by 45.5% during the 3rd quarter. Susquehanna International Group LLP now owns 8,000 shares of the energy company’s stock valued at $329,000 after buying an additional 2,500 shares in the last quarter. Institutional investors and hedge funds own 8.83% of the company’s stock.

Sabine Royalty Trust (NYSE SBR) traded down $0.55 on Thursday, hitting $43.50. 3,572 shares of the company were exchanged, compared to its average volume of 21,069. Sabine Royalty Trust has a 52 week low of $33.50 and a 52 week high of $50.00. The stock has a market cap of $649.51, a PE ratio of 19.21 and a beta of 0.10.

The company also recently announced a monthly dividend, which will be paid on Wednesday, February 28th. Investors of record on Thursday, February 15th will be paid a dividend of $0.1912 per share. This represents a $2.29 dividend on an annualized basis and a dividend yield of 5.28%. The ex-dividend date is Wednesday, February 14th. Sabine Royalty Trust’s dividend payout ratio (DPR) is 119.82%.

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Sabine Royalty Trust Company 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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