Atlas Wealth Partners LLC bought a new stake in LandBridge Co LLC (NYSE:LB – Free Report) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 6,864 shares of the company’s stock, valued at approximately $443,000. LandBridge makes up 0.6% of Atlas Wealth Partners LLC’s holdings, making the stock its 25th biggest position.
Other large investors also recently added to or reduced their stakes in the company. Centiva Capital LP grew its holdings in shares of LandBridge by 4.7% during the 3rd quarter. Centiva Capital LP now owns 9,527 shares of the company’s stock worth $373,000 after purchasing an additional 427 shares during the period. nVerses Capital LLC purchased a new position in shares of LandBridge during the 3rd quarter worth $31,000. Mad River Investors grew its holdings in shares of LandBridge by 0.4% during the 4th quarter. Mad River Investors now owns 233,452 shares of the company’s stock worth $15,081,000 after purchasing an additional 902 shares during the period. KBC Group NV purchased a new position in shares of LandBridge during the 4th quarter worth $72,000. Finally, Stratos Wealth Partners LTD. purchased a new position in shares of LandBridge during the 4th quarter worth $234,000.
LandBridge Stock Performance
Shares of NYSE LB opened at $71.13 on Wednesday. The company has a debt-to-equity ratio of 0.60, a current ratio of 0.73 and a quick ratio of 0.73. LandBridge Co LLC has a fifty-two week low of $18.75 and a fifty-two week high of $84.70. The stock’s 50-day simple moving average is $67.15 and its 200-day simple moving average is $54.68.
Wall Street Analysts Forecast Growth
View Our Latest Research Report on LB
LandBridge Profile
LandBridge Company LLC owns and manages land and resources to support and enhance oil and natural gas development in the United States. It owns surface acres in and around the Delaware Basin in Texas and New Mexico. The company holds a portfolio of oil and gas royalties. It also sells brackish water and other surface composite materials.
Read More
- Five stocks we like better than LandBridge
- 3 Fintech Stocks With Good 2021 Prospects
- Johnson Controls: 5 Reasons to Own This Engineering Giant
- Uptrend Stocks Explained: Learn How to Trade Using Uptrends
- Constellation Brands: A Fallen Star or a Hidden Value Play?
- How to Find Undervalued Stocks
- META Stock: Insider Selling Ramps Up—What It Means for Investors
Want to see what other hedge funds are holding LB? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for LandBridge Co LLC (NYSE:LB – Free Report).
Receive News & Ratings for LandBridge Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for LandBridge and related companies with MarketBeat.com's FREE daily email newsletter.