November 28, 2016 - By Marguerite Chambers
The insider of Ckx Lands Inc, Ottley Properties – Llc has made a sudden transaction in the Louisiana-based company that is with a grand total value of $50,824 U.S Dollars. As revealed in the U.S. Security and Exchange Commission form filed on 28/11/2016, Ottley Properties – Llc purchased 4,668 shares based on an average market stock price per share of $10.9. Right now, Ottley Properties – Llc holds 364,398 shares or 18.76% of the company’s market cap.
Insitutional Activity: The institutional sentiment increased to 1 in Q2 2016. Its up 0.67, from 0.33 in 2016Q1. The ratio is positive, as 0 funds sold all CKX Lands Inc shares owned while 3 reduced positions. 0 funds bought stakes while 1 increased positions. They now own 190,967 shares or 50.17% less from 383,234 shares in 2016Q1.
Blackrock Fund Advisors has 0% invested in the company for 229 shares. Moreover, Stevens First Principles Investment Advisors has 0.05% invested in CKX Lands Inc (NYSEMKT:CKX) for 5,560 shares. Rodgers Brothers holds 0.28% or 59,195 shares in its portfolio. Bancshares Of America De has invested 0% of its portfolio in CKX Lands Inc (NYSEMKT:CKX). Tweedy Browne Company Lc accumulated 0% or 10,600 shares. Tower Rech Ltd Limited Liability Company (Trc) has 0% invested in the company for 846 shares. Zuckerman Investment Grp Inc Ltd accumulated 79,250 shares or 0.24% of the stock. Dimensional Fund Advisors Lp reported 31,615 shares or 0% of all its holdings. Wells Fargo And Mn accumulated 3,265 shares or 0% of the stock.
Insider Transactions: Since October 3, 2016, the stock had 6 buys, and 0 selling transactions for $18,299 net activity. The insider Ottley Properties – LLC bought 400 shares worth $4,370.
It is down 3.45% since April 25, 2016 and is downtrending. It has underperformed by 9.47% the S&P500.
CKX Lands, Inc. is engaged in the business of ownership and management of land. The company has a market cap of $20.89 million. The Company’s primary activities consist of leasing its properties for minerals , raising and harvesting timber, and surface use (agriculture, right of ways, hunting). It has a 130.18 P/E ratio. The Company’s divisions are gas and oil, surface and timber.
According to Zacks Investment Research, “CKX Lands, Inc. owns land and mineral interests and collects income through its ownership in the form of oil and gas royalties, surface leases for farming, right of way and other uses as well as timber sales. CKX Lands Inc., formerly known as Calcasieu Real Estate & Oil Co. Inc., is based in Lake Charles, United States.”
More news for CKX Lands Inc (NYSEMKT:CKX) were recently published by: Streetinsider.com, which released: “Form 4 CKX LANDS, INC. For: Nov 08 Filed by: Ottley Properties, LLC” on March 10, 2015. Seekingalpha.com‘s article titled: “Tracking Tweedy Browne Portfolio – Q1 2016 Update” and published on May 13, 2016 is yet another important article.
CKX Lands, Inc., incorporated on June 27, 1930, is engaged in the business of ownership and management of land. The Company’s primary activities consist of leasing its properties for minerals (oil and gas), raising and harvesting timber, and surface use (agriculture, right of ways, hunting). The Company’s divisions are gas and oil, surface and timber. The Firm owns land, timber and mineral interests, and collects income through the ownership in the form of gas and oil royalties, timber sales, and surface leases for farming, right of way and other uses. The Firm is not involved in the exploration or production of gas and oil nor does it actively farm its lands. The Firm owns a total of approximately 13,195 net acres all located in Louisiana.
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