Certuity LLC Has $1.15 Million Stock Holdings in Texas Pacific Land Co. (NYSE:TPL)

Certuity LLC decreased its holdings in shares of Texas Pacific Land Co. (NYSE:TPL) by 27.5% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,037 shares of the financial services provider’s stock after selling 393 shares during the period. Certuity LLC’s holdings in Texas Pacific Land were worth $1,147,000 as of its most recent SEC filing.

Several other institutional investors have also recently bought and sold shares of TPL. Geode Capital Management LLC raised its holdings in shares of Texas Pacific Land by 21.5% in the third quarter. Geode Capital Management LLC now owns 462,518 shares of the financial services provider’s stock valued at $411,943,000 after purchasing an additional 81,974 shares during the last quarter. International Assets Investment Management LLC purchased a new stake in shares of Texas Pacific Land in the third quarter valued at about $45,400,000. State Street Corp raised its holdings in shares of Texas Pacific Land by 3.8% in the third quarter. State Street Corp now owns 762,627 shares of the financial services provider’s stock valued at $674,727,000 after purchasing an additional 27,884 shares during the last quarter. Sequoia Financial Advisors LLC purchased a new stake in shares of Texas Pacific Land in the third quarter valued at about $14,949,000. Finally, Janney Montgomery Scott LLC purchased a new stake in shares of Texas Pacific Land in the third quarter valued at about $12,928,000. Institutional investors and hedge funds own 59.94% of the company’s stock.

Texas Pacific Land Stock Performance

TPL opened at $1,363.04 on Wednesday. The firm has a market cap of $31.32 billion, a P/E ratio of 69.94 and a beta of 1.68. The firm has a 50-day moving average of $1,271.95 and a 200 day moving average of $1,123.04. Texas Pacific Land Co. has a fifty-two week low of $471.06 and a fifty-two week high of $1,769.14.

Texas Pacific Land Profile

Texas Pacific Land Corporation engages in the land and resource management, and water services and operations businesses. The company owns a 1/128th nonparticipating perpetual oil and gas royalty interest (NPRI) under approximately 85,000 acres of land; a 1/16th NPRI under approximately 371,000 acres of land; and approximately 4,000 additional net royalty acres, total of approximately 195,000 NRA located in the western part of Texas.