Sitio RoyaltiesSTR
STR
$20.83
0.53%
Market Cap: $1.68B
About: Sitio Royalties Corp is a pure-play mineral and royalty company. The group focuses on investing in mineral and royalty interests in the Permian and other productive U.S. oil basins.
Employees: 62
0
Funds holding %
of 6,686 funds
0
Analysts bullish %
of 4 analysts
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
152% more call options, than puts
Call options by funds: $5.46M | Put options by funds: $2.17M
30% more repeat investments, than reductions
Existing positions increased: 79 | Existing positions reduced: 61
0.57% more ownership
Funds ownership: 151.66% [Q1] → 152.23% (+0.57%) [Q2]
5% less funds holding
Funds holding: 212 [Q1] → 202 (-10) [Q2]
5% less capital invested
Capital invested by funds: $3.07B [Q1] → $2.9B (-$168M) [Q2]
26% less first-time investments, than exits
New positions opened: 29 | Existing positions closed: 39
44% less funds holding in top 10
Funds holding in top 10: 9 [Q1] → 5 (-4) [Q2]
Research analyst outlook
4 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$27
30%
upside
Avg. target
$30
43%
upside
High target
$32
54%
upside
4 analyst ratings
4 positive
100%
0 neutral
0%
0 negative
0%
Stephens & Co. Mike Scialla 24% 1-year accuracy 5 / 21 met price target | 54%upside $32 | Overweight Initiated | 4 Sept 2024 |
Piper Sandler Mark Lear 24% 1-year accuracy 17 / 71 met price target | 39%upside $29 | Overweight Maintained | 15 Aug 2024 |
Keybanc Tim Rezvan 26% 1-year accuracy 9 / 35 met price target | 30%upside $27 | Overweight Maintained | 12 Aug 2024 |
Truist Securities Neal Dingmann 31% 1-year accuracy 40 / 131 met price target | 49%upside $31 | Buy Maintained | 22 Jul 2024 |