Wall Street Zen upgraded shares of Scully Royalty (NYSE:SRL – Free Report) to a hold rating in a report issued on Saturday.
Separately, Weiss Ratings reissued a “sell (d)” rating on shares of Scully Royalty in a research note on Wednesday, January 21st. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, Scully Royalty has a consensus rating of “Sell”.
Check Out Our Latest Report on Scully Royalty
Scully Royalty Stock Up 1.1%
Scully Royalty (NYSE:SRL – Get Free Report) last issued its quarterly earnings data on Wednesday, December 31st. The financial services provider reported ($0.05) earnings per share for the quarter. The company had revenue of $6.82 million for the quarter.
Institutional Trading of Scully Royalty
A hedge fund recently bought a new stake in Scully Royalty stock. KERR FINANCIAL PLANNING Corp acquired a new stake in Scully Royalty Ltd. (NYSE:SRL – Free Report) in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 14,964 shares of the financial services provider’s stock, valued at approximately $86,000. KERR FINANCIAL PLANNING Corp owned 0.10% of Scully Royalty as of its most recent SEC filing. 41.96% of the stock is currently owned by institutional investors.
Scully Royalty Company Profile
Scully Royalty Ltd. is a mineral royalty company that acquires, owns and manages a diversified portfolio of oil and gas royalty and overriding royalty interests in key onshore producing regions of the United States. As a royalty owner, the company receives a percentage of production revenue from its assets without assuming the operational and capital expenditure burdens associated with exploration and development.
The company’s portfolio spans multiple established hydrocarbon basins, including conventional and unconventional plays.
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