|Bid||666.00 x 1000|
|Ask||677.11 x 1000|
|Day's Range||656.83 - 670.01|
|52 Week Range||409.00 - 915.66|
|Beta (3Y Monthly)||1.37|
|PE Ratio (TTM)||17.14|
|Forward Dividend & Yield||1.75 (0.26%)|
|1y Target Est||N/A|
Today, we'll introduce the concept of the P/E ratio for those who are learning about investing. To keep it practical...
Texas Pacific Land Trust said on Wednesday it has settled with an investor group led by Horizon Kinetics, ending a months-long proxy fight to elect a trustee. The group together holds about 25% stake in Texas Pacific, which is one of the biggest landowners in the state of Texas. It has been pushing to convert the publicly traded land trust into a Delaware corporation, establish an experienced team for its water business and be more transparent.
Today we'll take a closer look at Texas Pacific Land Trust (NYSE:TPL) from a dividend investor's perspective. Owning a...
Like a puppy chasing its tail, some new investors often chase 'the next big thing', even if that means buying 'story...
A proxy battle unfolding in Dallas involving one of Texas’s largest landowners is getting uglier by the day.
Lawyers for Dallas-based Texas Pacific Land Trust (NYSE: TPL) have filed a lawsuit that has upped the ante in an already-heated proxy battle waged by a group of dissident shareholders after a spot opened on TPL’s board of trustees.
An investor group that holds about 25% in Texas Pacific Land Trust installed its preferred trustee in a shareholder meeting on Wednesday that the company, one of the biggest landowners in Texas, rejected as invalid. On Tuesday, Texas Pacific postponed the special meeting where shareholders were due to fill a vacant trustee spot after filing a lawsuit against the investor group's trustee candidate, Eric Oliver, a source familiar with the matter told Reuters.
An investor group that collectively holds about 25% in Texas Pacific Land Trust said their nominee, Eric Oliver, was elected as a trustee at a special shareholder meeting, the validity of which was not recognized by the company. The company had delayed its special shareholder meeting because of the lawsuit, a source familiar with the matter told Reuters, adding that Wednesday's meeting had been held in a separate room by the investor group. The investor group wants to convert Texas Pacific, which has been operating since 1888, into a Delaware corporation subject to modern governance principles, to establish an experienced team around its water business and be more transparent.
Texas Pacific Land Trust said on Tuesday it had filed a lawsuit against a nominee of its investor, Horizon Kinetic, which has been seeking to install its own trustee and begin selling off the firm's portfolio. It also alleged that he has acted in concert with an undisclosed group including Santa Monica Partners, Universal Guaranty Life Insurance Company and potentially other third parties.
Texas Pacific Land Trust said on Monday proxy advisory firm Egan-Jones Ratings Co has recommended its shareholders to vote for retired U.S. Air Force General Donald Cook as a trustee of the company. Earlier ...
For many, the main point of investing in the stock market is to achieve spectacular returns. And highest quality...
Texas Pacific Land Trust said on Monday proxy advisory firm Glass Lewis has recommended that TPL shareholders vote in favour of retired U.S. Air Force General Donald Cook as a trustee of one of the biggest ...
On a per-share basis, the Dallas-based company said it had profit of $18.04. The landowner posted revenue of $33.2 million in the period. Texas Pacific shares have climbed 65 percent since the beginning ...
Like everyone else, elite investors make mistakes. Some of their top consensus picks, such as Amazon, Facebook and Alibaba, have not done well in Q4 due to various reasons. Nevertheless, the data show elite investors' consensus picks have done well on average over the long-term. The top 15 S&P 500 stocks among hedge funds at […]
We often see insiders buying up shares in companies that perform well over the long term. On the other hand, we'd be remiss not to mention that insider sales have been known to precede tough periods for a business. So we'll take a loo...
Texas Pacific Land Trust, one of the biggest private landowners in Texas, on Monday took a first step in fighting back against a large investor which is seeking to install its own trustee and begin selling off the firm's portfolio. Texas Pacific plans to postpone by two weeks the date of a special meeting where shareholders will vote to fill a vacant trustee spot, a person with direct knowledge of the matter told Reuters. The meeting to replace Maurice Meyer III, one of three trustees who resigned his office earlier this year and died on March 24, will be on May 22.
The return on equity of -211.13% and return on assets of -41.80% are underperforming 84% of companies in the Global Drug Manufacturers - Specialty and Generic industry. The company's largest guru shareholder is Jim Simons (Trades, Portfolio)' Renaissance Technologies with 4.75% of outstanding shares, followed by Chuck Royce (Trades, Portfolio) with 1.53%. The return on equity of -0.71% and return on assets of -0.42% are underperforming 72% of companies in the Global Coal industry.