Sienna Gestion has acquired a new stake of 5,587 shares in Texas Pacific Land Corporation (NYSE:TPL), valued at approximately $4.76 million. This comes as Texas Pacific Land raised its quarterly dividend to $0.60 per share, and institutional investors collectively own nearly 60% of the company’s stock. The company also reported strong quarterly earnings, surpassing analyst estimates for both EPS and revenue, alongside significant insider trading activity.
Sienna Gestion Invests $4.76 Million in Texas Pacific Land Corporation $TPL
Sienna Gestion has acquired a new stake of 5,587 shares in Texas Pacific Land Corporation (NYSE:TPL), valued at approximately $4.76 million. This comes as Texas Pacific Land raised its quarterly dividend to $0.60 per share, and institutional investors collectively own nearly 60% of the company’s stock. The company also reported strong quarterly earnings, surpassing analyst estimates for both EPS and revenue, alongside significant insider trading activity.