Cross Timbers Royalty Trust Sentiment Worsening on Low Stock Potential

July 13, 2018 - By Andrea Pope

Sentiment for Cross Timbers Royalty Trust (NYSE:CRT)

Cross Timbers Royalty Trust (NYSE:CRT) institutional sentiment decreased to 1.5 in Q1 2018. Its down -0.50, from 2 in 2017Q4. The ratio dived, as 9 hedge funds increased and opened new positions, while 6 reduced and sold their stakes in Cross Timbers Royalty Trust. The hedge funds in our partner’s database now hold: 561,495 shares, down from 650,428 shares in 2017Q4. Also, the number of hedge funds holding Cross Timbers Royalty Trust in their top 10 positions was flat from 0 to 0 for the same number . Sold All: 3 Reduced: 3 Increased: 5 New Position: 4.

Cross Timbers Royalty Trust operates as an express trust in the United States. The company has market cap of $87.06 million. It holds 90% net profits interests in certain producing and nonproducing royalty and overriding royalty interest properties in Texas, Oklahoma, and New Mexico; and 75% net profits interests in certain working interest properties in Texas and Oklahoma. It has a 12.99 P/E ratio.

The stock increased 0.21% or $0.0301 during the last trading session, reaching $14.5101. About 1,481 shares traded. Cross Timbers Royalty Trust (NYSE:CRT) has declined 10.85% since July 13, 2017 and is downtrending. It has underperformed by 23.42% the S&P500.

Mraz Amerine & Associates Inc. holds 0.5% of its portfolio in Cross Timbers Royalty Trust for 107,729 shares. Fairfield Bush & Co. owns 10,729 shares or 0.05% of their US portfolio. Moreover, Segment Wealth Management Llc has 0.05% invested in the company for 14,000 shares. The North Carolina-based Bank Of America Corp De has invested 0% in the stock. Barclays Plc, a United Kingdom-based fund reported 3 shares.

Cross Timbers Royalty Trust (NYSE:CRT) Institutional Positions Chart

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