Cross Timbers Royalty Trust (NYSE:CRT) Major Shareholder Eric Oliver Acquires 26,134 Shares

Cross Timbers Royalty Trust (NYSE:CRTGet Free Report) major shareholder Eric Oliver acquired 26,134 shares of the business’s stock in a transaction dated Wednesday, March 25th. The stock was acquired at an average cost of $9.69 per share, with a total value of $253,238.46. Following the purchase, the insider directly owned 626,225 shares in the company, valued at $6,068,120.25. This represents a 4.36% increase in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Large shareholders that own at least 10% of a company’s shares are required to disclose their transactions with the SEC.

Cross Timbers Royalty Trust Trading Up 5.1%

Shares of NYSE:CRT opened at $10.50 on Friday. The stock’s 50-day moving average price is $9.07 and its 200-day moving average price is $8.35. The stock 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 has a 12-month low of $7.07 and a 12-month high of $13.31.

Cross Timbers Royalty Trust (NYSE:CRTGet Free Report) last announced its quarterly earnings data on Friday, March 27th. The oil and gas company reported $0.23 earnings per share for the quarter. Cross Timbers Royalty Trust had a return on equity of 191.25% and a net margin of 79.29%.The firm had revenue of $1.64 million during the quarter.

Cross Timbers Royalty Trust Cuts Dividend

The firm also recently declared a monthly dividend, which will be paid on Tuesday, April 14th. Shareholders of record on Tuesday, March 31st will be given a dividend of $0.0009 per share. The ex-dividend date of this dividend is Tuesday, March 31st. This represents a c) dividend on an annualized basis and a yield of 0.1%. Cross Timbers Royalty Trust’s dividend payout ratio is presently 78.95%.

Trending Headlines about Cross Timbers Royalty Trust

Here are the key news stories impacting Cross Timbers Royalty Trust this week:

  • Positive Sentiment: Major insider buying — Eric L. Oliver increased his stake with two recent purchases (26,134 shares at ~$9.69 on Mar 25 and 3,159 shares at ~$9.91 on Mar 26). The filings show his holdings now exceed ~629K shares; insider accumulation by a >10% holder generally signals confidence in future cash flow. SEC Filing Eric Oliver Acquires 26,134 Shares
  • Positive Sentiment: Quarterly results showed earnings per share of $0.23 on revenue of $1.64M, with a very high net margin (~79%) and an elevated return on equity (~191%), underscoring the trust’s cash-generating/royalty structure and supporting distributions. Coverage and snapshots of Q4 earnings reinforced the upbeat view. Q4 Earnings Snapshot
  • Positive Sentiment: Technical breakout — shares moved above the 50‑day moving average, which can attract momentum and technical traders and help sustain the rally. 50-Day Moving Average Article
  • Neutral Sentiment: Market context — CRT’s profile: modest market cap (~$63M), P/E ~14, low beta (~0.10), 50‑day / 200‑day MAs near $9.07 / $8.35, and recent volume above average. These metrics frame risk/reward but do not change fundamentals immediately.

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 equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat, the company has an average rating of “Sell”.

View Our Latest Report on CRT

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the business. Bank of America Corp DE boosted its position in shares of 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 valued at $36,000 after buying an additional 1,612 shares during the last quarter. Scotia Capital Inc. bought a new stake in Cross Timbers Royalty Trust in the 2nd quarter worth about $109,000. O Shaughnessy Asset Management LLC raised its position in Cross Timbers Royalty Trust by 23.3% in the 4th quarter. O Shaughnessy Asset Management LLC now owns 14,030 shares of the oil and gas company’s stock worth $112,000 after buying an additional 2,651 shares during the last quarter. Finally, Susquehanna International Group LLP bought a new position in Cross Timbers Royalty Trust during the 3rd quarter valued at about $212,000. Hedge funds and other institutional investors own 9.74% of the company’s stock.

Cross Timbers Royalty Trust Company Profile

(Get Free Report)

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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