Cross Timbers Royalty Trust (NYSE:CRT – Get Free Report) major shareholder Eric Oliver purchased 3,159 shares of the stock in a transaction dated Thursday, March 26th. The stock was acquired at an average price of $9.91 per share, for a total transaction of $31,305.69. Following the completion of the transaction, the insider directly owned 629,384 shares of the company’s stock, valued at approximately $6,237,195.44. The trade was a 0.50% increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Large shareholders that own at least 10% of a company’s shares are required to disclose their sales and purchases with the SEC.
Cross Timbers Royalty Trust Price Performance
Shares of Cross Timbers Royalty Trust stock opened at $10.50 on Monday. Cross Timbers Royalty Trust has a 1 year low of $7.07 and a 1 year high of $13.31. The business has a 50 day moving average price of $9.07 and a 200 day moving average price of $8.35. The company has a market capitalization of $62.97 million, a P/E ratio of 13.81 and a beta of 0.10.
Cross Timbers Royalty Trust (NYSE:CRT – Get Free Report) last announced its earnings results on Friday, March 27th. The oil and gas company reported $0.23 EPS for the quarter. Cross Timbers Royalty Trust had a return on equity of 196.11% and a net margin of 77.77%.The firm had revenue of $1.64 million for the quarter.
Cross Timbers Royalty Trust Cuts Dividend
Cross Timbers Royalty Trust News Roundup
Here are the key news stories impacting Cross Timbers Royalty Trust this week:
- Positive Sentiment: Large insider accumulation — Eric L. Oliver (a >10% holder) added shares in two recent transactions (26,134 shares at about $9.69 on Mar 25 and 3,159 shares at ~$9.91 on Mar 26), increasing his stake above ~629K shares; insider buying at this scale typically signals confidence in future cash flows. SEC filing: Oliver purchases
- Positive Sentiment: Quarterly results supported cash-generation — Q4 EPS $0.23 on $1.64M revenue, with a very high net margin (~79%) and elevated ROE (~191%), consistent with a royalty-trust cash model that can sustain distributions. Q4 earnings snapshot
- Positive Sentiment: Technical trigger — shares moved above the 50‑day moving average, which can attract momentum traders and amplify short-term buying pressure. 50-day MA article
- Neutral Sentiment: Market/context metrics — small market cap (~$63M), low beta (~0.10), P/E ~13.8, 50/200‑day MA ~$9.07/$8.35 and volume above average; these frame liquidity and volatility but don’t change fundamentals immediately.
- Negative Sentiment: Dividend trimmed/very small yield — the trust declared a monthly dividend of $0.0009 per share (annualized yield ≈0.1%) with a payout ratio near 79%, indicating limited current cash return to holders and a reduction in investor income appeal. Dividend & stock page
- Negative Sentiment: Sell-side stance — coverage remains negative (Weiss Ratings noted a “sell” and MarketBeat shows a sell consensus), which can limit broader institutional interest and cap longer-term upside. Analyst coverage / MarketBeat
Institutional Investors Weigh In On Cross Timbers Royalty Trust
Hedge funds have recently made changes to their positions in the business. O Shaughnessy Asset Management LLC grew its position in shares of Cross Timbers Royalty Trust by 23.3% in the fourth quarter. O Shaughnessy Asset Management LLC now owns 14,030 shares of the oil and gas company’s stock valued at $112,000 after purchasing an additional 2,651 shares during the period. Susquehanna International Group LLP purchased a new position in Cross Timbers Royalty Trust during the third quarter worth about $212,000. Bank of America Corp DE lifted its position in Cross Timbers Royalty Trust by 81.3% during the second quarter. Bank of America Corp DE now owns 3,596 shares of the oil and gas company’s stock worth $36,000 after buying an additional 1,612 shares during the period. Finally, Scotia Capital Inc. acquired a new stake in Cross Timbers Royalty Trust in the 2nd quarter worth about $109,000. Institutional investors and hedge funds own 9.74% of the company’s stock.
Wall Street Analysts Forecast Growth
Separately, Weiss Ratings restated a “sell (d)” rating on shares of Cross Timbers Royalty Trust in a report on Wednesday, January 21st. One investment analyst has rated the stock with a Sell rating, According to MarketBeat, the company currently has a consensus rating of “Sell”.
Get Our Latest Analysis on CRT
Cross Timbers Royalty Trust Company Profile
Cross Timbers Royalty Trust (NYSE:CRT) is a Delaware statutory trust that holds royalty interests in a portfolio of onshore oil and natural gas properties. The trust was established in June 2005 through a contribution of assets by Chesapeake Energy Corporation. It earns revenue by collecting overriding royalty and net profit interests carved out of producing leases and then distributing those receipts to its unitholders on a quarterly basis.
The underlying assets of the trust consist primarily of oil, natural gas and natural gas liquids reserves located in several Texas counties, including Erath, Stephens, Comanche and Palo Pinto.
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