As Texas Pacific Land Trust (TPL) Stock Value Declined, Shareholder Arbiter Partners Capital Management LLC Has Trimmed Its Stake by $8.63 Million

July 17, 2017 - By reb123z

Investors sentiment decreased to 1.03 in 2016 Q4. Its down 0.03, from 1.06 in 2016Q3. It dropped, 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. Beddow Cap Management Inc has invested 1.34% of its portfolio in Texas Pacific Land Trust (NYSE:TPL). Cambrian Cap Ltd Partnership accumulated 8,828 shares or 1.33% of the stock. 20,767 are owned by Morgan Stanley. Whittier Trust holds 0.01% in Texas Pacific Land Trust (NYSE:TPL) or 500 shares. Royal Bankshares Of Canada reported 4,506 shares stake. Citigroup owns 50 shares. Fincl Advisers Lc holds 0% of its portfolio in Texas Pacific Land Trust (NYSE:TPL) for 780 shares. Fifth Third State Bank accumulated 0% or 1,775 shares. Regentatlantic Cap Ltd reported 2,200 shares or 0.06% of all its holdings. Pinnacle Associates Limited holds 1,800 shares or 0.01% of its portfolio. California Employees Retirement System invested in 0.01% or 17,900 shares. Alps Advsr stated it has 0% in Texas Pacific Land Trust (NYSE:TPL). Goldman Sachs Gru Incorporated accumulated 0% or 1,851 shares. 500 are held by Camarda Fincl Advsrs Limited Liability Corp. First Dallas reported 7.87% stake.

Since March 3, 2017, it had 2 insider purchases, and 0 selling transactions for $58,576 activity. Shares for $29,200 were bought by Barry David E. on Friday, March 3. Packer Robert J bought 100 shares worth $29,376.

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 $35.19M, 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 $1.06 billion and $596.34M US Long portfolio, upped its stake in Xerox Corp (NYSE:XRX) by 770,166 shares to 830,166 shares, valued at $7.25 million 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: Way Overvalued” on March 09, 2017, also Seekingalpha.com with their article: “In Search Of A Price Target For Texas Pacific Land Trust” published on March 22, 2017, Seekingalpha.com published: “Texas Pacific Land Trust – Land For Sale At A Discount” on November 29, 2015. More interesting news about Texas Pacific Land Trust (NYSE:TPL) were released by: Valuewalk.com and their article: “Texas Pacific Land Trust – A Tontine!” published on October 16, 2015 as well as Reuters.com‘s news article titled: “BRIEF-Texas Pacific Land Trust says formed of water resources company” with publication date: June 08, 2017.

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