Royce & Associates LP maintained its stake in Cross Timbers Royalty Trust (NYSE:CRT) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 67,631 shares of the oil and gas company’s stock at the close of the second quarter. Royce & Associates LP owned about 1.13% of Cross Timbers Royalty Trust worth $1,036,000 at the end of the most recent quarter.

Separately, Mraz Amerine & Associates Inc. increased its position in shares of Cross Timbers Royalty Trust by 10.7% in the second quarter. Mraz Amerine & Associates Inc. now owns 75,870 shares of the oil and gas company’s stock valued at $1,162,000 after buying an additional 7,314 shares in the last quarter. 11.19% of the stock is currently owned by hedge funds and other institutional investors.

Shares of Cross Timbers Royalty Trust (NYSE CRT) opened at 14.74 on Friday. The stock has a 50 day moving average price of $14.70 and a 200-day moving average price of $15.19. The stock has a market capitalization of $88.44 million, a PE ratio of 14.47 and a beta of 0.63. Cross Timbers Royalty Trust has a 52-week low of $14.10 and a 52-week high of $19.80.

The firm also recently declared a monthly dividend, which was paid on Friday, September 15th. Stockholders of record on Thursday, August 31st were issued a $0.0928 dividend. This is a boost from Cross Timbers Royalty Trust’s previous monthly dividend of $0.08. This represents a $1.11 annualized dividend and a dividend yield of 7.56%. The ex-dividend date was Tuesday, August 29th. Cross Timbers Royalty Trust’s dividend payout ratio (DPR) is currently 108.82%.

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About Cross Timbers Royalty Trust

Cross Timbers Royalty Trust is an express trust. The net profits interests are the principal asset of the Trust. The net profits interests consist of approximately 90% net profits interests, which are carved from producing royalty and overriding royalty interest properties in Texas, Oklahoma and New Mexico, and 11.11% nonparticipating royalty interests in non-producing properties located primarily in Texas and Oklahoma.

Institutional Ownership by Quarter for Cross Timbers Royalty Trust (NYSE:CRT)

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