Acuitas Investments LLC Raises Holdings in CKX Lands, Inc. (NYSEAMERICAN:CKX)

Acuitas Investments LLC grew its position in CKX Lands, Inc. (NYSEAMERICAN:CKX) by 477.8% during the 4th quarter, Holdings Channel.com reports. The firm owned 169,387 shares of the financial services provider’s stock after purchasing an additional 140,069 shares during the period. Acuitas Investments LLC owned 0.09% of CKX Lands worth $2,195,000 as of its most recent SEC filing.

Separately, Bfsg LLC purchased a new position in CKX Lands in the fourth quarter valued at $48,000. Institutional investors and hedge funds own 16.13% of the company’s stock.

CKX Lands Stock Performance

CKX traded up $0.54 on Friday, reaching $14.44. The stock had a trading volume of 742 shares, compared to its average volume of 2,559. CKX Lands, Inc. has a 12-month low of $9.42 and a 12-month high of $14.44. The stock has a market capitalization of $28.74 million, a price-to-earnings ratio of 198.57 and a beta of 0.05.

CKX Lands (NYSEAMERICAN:CKX) last announced its quarterly earnings results on Wednesday, March 27th. The financial services provider reported $0.12 EPS for the quarter. The firm had revenue of $0.69 million for the quarter. CKX Lands had a net margin of 9.63% and a return on equity of 0.79%.

CKX Lands Profile

CKX Lands, Inc engages in the ownership and management of land in the United States. It operates through three segments: Oil and Gas, Surface, and Timber. The company leases its properties for minerals, such as oil and gas; raising and harvesting timber; and surface uses comprising agriculture, right of ways, and hunting.