Albert D Mason Inc. Buys 525 Shares of Dorchester Minerals, L.P. (NASDAQ:DMLP)

Albert D Mason Inc. boosted its stake in shares of Dorchester Minerals, L.P. (NASDAQ:DMLP) by 1.8% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 29,940 shares of the energy company’s stock after purchasing an additional 525 shares during the quarter. Albert D Mason Inc. owned about 0.06% of Dorchester Minerals worth $998,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. HWG Holdings LP bought a new stake in shares of Dorchester Minerals in the 2nd quarter valued at about $30,000. JPMorgan Chase & Co. grew its holdings in Dorchester Minerals by 62.6% in the third quarter. JPMorgan Chase & Co. now owns 1,444 shares of the energy company’s stock worth $44,000 after purchasing an additional 556 shares during the last quarter. LGT Financial Advisors LLC acquired a new position in shares of Dorchester Minerals during the third quarter worth $166,000. MADDEN SECURITIES Corp purchased a new stake in shares of Dorchester Minerals during the 3rd quarter valued at $223,000. Finally, Atomi Financial Group Inc. boosted its position in shares of Dorchester Minerals by 29.0% in the 3rd quarter. Atomi Financial Group Inc. now owns 8,697 shares of the energy company’s stock worth $262,000 after purchasing an additional 1,954 shares in the last quarter. Hedge funds and other institutional investors own 19.21% of the company’s stock.

Insiders Place Their Bets

In other Dorchester Minerals news, CEO Bradley J. Ehrman purchased 14,430 shares of Dorchester Minerals stock in a transaction on Tuesday, December 3rd. The stock was bought at an average cost of $34.41 per share, with a total value of $496,536.30. Following the transaction, the chief executive officer now owns 29,622 shares of the company’s stock, valued at $1,019,293.02. This represents a 94.98 % increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Minerals Operating Dorchester acquired 954 shares of the firm’s stock in a transaction on Monday, December 30th. The shares were acquired at an average price of $33.19 per share, with a total value of $31,663.26. Following the completion of the purchase, the insider now owns 33,682 shares in the company, valued at approximately $1,117,905.58. This trade represents a 2.91 % increase in their position. The disclosure for this purchase can be found here. In the last quarter, insiders have purchased 41,152 shares of company stock valued at $1,388,552. Insiders own 7.10% of the company’s stock.

Dorchester Minerals Price Performance

Shares of NASDAQ:DMLP opened at $33.11 on Friday. The business’s 50-day moving average is $33.31 and its 200 day moving average is $31.86. Dorchester Minerals, L.P. has a 1 year low of $28.41 and a 1 year high of $35.74. The firm has a market capitalization of $1.57 billion, a P/E ratio of 11.91 and a beta of 1.09.

Dorchester Minerals (NASDAQ:DMLP) last issued its quarterly earnings results on Thursday, October 31st. The energy company reported $0.87 earnings per share for the quarter. The business had revenue of $53.47 million for the quarter. Dorchester Minerals had a return on equity of 48.81% and a net margin of 66.02%.

Dorchester Minerals Profile

Dorchester Minerals, L.P. engages in the acquisition, ownership, and administration of royalty properties in the United States. Its royalty properties include producing and nonproducing mineral, royalty, overriding royalty, net profits, and leasehold interests in 593 counties and parishes in 28 states; and net profits interests represent net profits overriding royalty interests in various properties owned by the operating partnership.