Two Sigma Investments LP Takes Position in BP Prudhoe Bay Royalty Trust (BPT)

Two Sigma Investments LP purchased a new position in shares of BP Prudhoe Bay Royalty Trust (NYSE:BPT) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 54,439 shares of the oil and gas company’s stock, valued at approximately $1,094,000. Two Sigma Investments LP owned about 0.25% of BP Prudhoe Bay Royalty Trust at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. Raymond James Financial Services Advisors Inc. increased its stake in BP Prudhoe Bay Royalty Trust by 15.8% during the fourth quarter. Raymond James Financial Services Advisors Inc. now owns 20,926 shares of the oil and gas company’s stock worth $421,000 after acquiring an additional 2,850 shares during the last quarter. Wells Fargo & Company MN increased its stake in BP Prudhoe Bay Royalty Trust by 12.2% during the third quarter. Wells Fargo & Company MN now owns 30,695 shares of the oil and gas company’s stock worth $689,000 after acquiring an additional 3,330 shares during the last quarter. Two Sigma Advisers LP increased its stake in BP Prudhoe Bay Royalty Trust by 236.0% during the fourth quarter. Two Sigma Advisers LP now owns 43,995 shares of the oil and gas company’s stock worth $884,000 after acquiring an additional 30,900 shares during the last quarter. Mangrove Partners acquired a new stake in BP Prudhoe Bay Royalty Trust during the third quarter worth about $1,569,000. Finally, Arrowstreet Capital Limited Partnership acquired a new stake in BP Prudhoe Bay Royalty Trust during the fourth quarter worth about $2,239,000. Institutional investors own 4.76% of the company’s stock.

How to Become a New Pot Stock Millionaire

Shares of NYSE:BPT opened at $24.75 on Friday. The stock has a market cap of $529.65, a price-to-earnings ratio of 6.88 and a beta of -0.72. BP Prudhoe Bay Royalty Trust has a 12 month low of $18.55 and a 12 month high of $27.95.

The company also recently declared a dividend, which will be paid on Friday, April 20th. Shareholders of record on Monday, April 16th will be paid a dividend of $1.2748 per share. The ex-dividend date of this dividend is Friday, April 13th.

ILLEGAL ACTIVITY NOTICE: “Two Sigma Investments LP Takes Position in BP Prudhoe Bay Royalty Trust (BPT)” was originally published by Ticker Report and is the sole property of of Ticker Report. If you are viewing this report on another site, it was copied illegally and republished in violation of U.S. & international copyright & trademark laws. The legal version of this report can be accessed at https://www.tickerreport.com/banking-finance/3340808/two-sigma-investments-lp-takes-position-in-bp-prudhoe-bay-royalty-trust-bpt.html.

BP Prudhoe Bay Royalty Trust Profile

BP Prudhoe Bay Royalty Trust operates as a grantor trust in the United States. The company holds overriding royalty interest comprising a non-operational interest in minerals in the Prudhoe Bay oil field located on the North Slope of Alaska. The Prudhoe Bay field extends approximately 12 miles by 27 miles and contains approximately 150,000 gross productive acres.

Want to see what other hedge funds are holding BPT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for BP Prudhoe Bay Royalty Trust (NYSE:BPT).

Institutional Ownership by Quarter for BP Prudhoe Bay Royalty Trust (NYSE:BPT)

Receive News & Ratings for BP Prudhoe Bay Royalty Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for BP Prudhoe Bay Royalty Trust and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Somewhat Positive News Coverage Somewhat Unlikely to Affect Darden Restaurants  Stock Price
Somewhat Positive News Coverage Somewhat Unlikely to Affect Darden Restaurants Stock Price
Somewhat Positive Press Coverage Somewhat Unlikely to Impact Zions Bancorp  Share Price
Somewhat Positive Press Coverage Somewhat Unlikely to Impact Zions Bancorp Share Price
Alcoa  Earns Daily News Sentiment Score of 0.16
Alcoa Earns Daily News Sentiment Score of 0.16
Extra Space Storage  Getting Somewhat Positive Media Coverage, Study Finds
Extra Space Storage Getting Somewhat Positive Media Coverage, Study Finds
Philippe Benacin Sells 3,851 Shares of Inter Parfums  Stock
Philippe Benacin Sells 3,851 Shares of Inter Parfums Stock
$1.35 EPS Expected for Darden Restaurants  This Quarter
$1.35 EPS Expected for Darden Restaurants This Quarter


Leave a Reply

© 2006-2018 Ticker Report. Google+.