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As Dorchester Minerals LP (DMLP) Market Value Rose, Lucas Capital Management Cut Its Holding; Cdk Global (CDK) Shares Declined While Southpoint Capital Advisors LP Decreased Its Holding by $55.03 Million

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Russell Lucas decreased its stake in Dorchester Minerals Lp (DMLP) by 23.92% based on its latest 2017Q4 regulatory filing with the SEC. Lucas Capital Management sold 30,584 shares as the company’s stock rose 7.38% while stock markets declined. The hedge fund run by Russell Lucas held 97,288 shares of the energy company at the end of 2017Q4, valued at $1.46 million, down from 127,872 at the end of the previous reported quarter. Lucas Capital Management who had been investing in Dorchester Minerals Lp for a number of months, seems to be less bullish one the $585.89M market cap company. The stock increased 1.12% or $0.2005 during the last trading session, reaching $18.1505. About 18,937 shares traded. Dorchester Minerals, L.P. (NASDAQ:DMLP) has declined 5.88% since April 24, 2017 and is downtrending. It has underperformed by 17.43% the S&P500.

Rob Butts decreased its stake in Cdk Global Inc (CDK) by 34.44% based on its latest 2017Q4 regulatory filing with the SEC. Southpoint Capital Advisors Lp sold 775,000 shares as the company’s stock declined 11.91% with the market. The hedge fund run by Rob Butts held 1.48M shares of the miscellaneous company at the end of 2017Q4, valued at $105.14M, down from 2.25M at the end of the previous reported quarter. Southpoint Capital Advisors Lp who had been investing in Cdk Global Inc for a number of months, seems to be less bullish one the $8.76B market cap company. The stock increased 0.49% or $0.32 during the last trading session, reaching $65.1. About 208,455 shares traded. CDK Global, Inc. (NASDAQ:CDK) has declined 2.80% since April 24, 2017 and is downtrending. It has underperformed by 14.35% the S&P500.

Since December 19, 2017, it had 6 buys, and 0 selling transactions for $749,284 activity. MORIYAMA LESLIE A had bought 2,040 shares worth $32,497 on Thursday, March 15. $109,133 worth of Dorchester Minerals, L.P. (NASDAQ:DMLP) was bought by VAUGHN ROBERT C. 10,000 Dorchester Minerals, L.P. (NASDAQ:DMLP) shares with value of $159,445 were bought by LASSITER ALLEN D.

Investors sentiment increased to 2.88 in 2017 Q4. Its up 1.88, from 1 in 2017Q3. It increased, as 3 investors sold DMLP shares while 5 reduced holdings. 8 funds opened positions while 15 raised stakes. 4.88 million shares or 24.71% more from 3.91 million shares in 2017Q3 were reported. Stephens Ar stated it has 22,719 shares or 0.01% of all its holdings. Renaissance Ltd holds 155,917 shares. Wells Fargo & Co Mn has 0% invested in Dorchester Minerals, L.P. (NASDAQ:DMLP) for 1,460 shares. 30,844 are held by California Employees Retirement System. Lpl Fincl Limited Liability Company has 0% invested in Dorchester Minerals, L.P. (NASDAQ:DMLP). Illinois-based Botty Invsts Llc has invested 1.07% in Dorchester Minerals, L.P. (NASDAQ:DMLP). Oppenheimer Incorporated invested in 0.02% or 44,449 shares. Royal Bankshares Of Canada has invested 0% of its portfolio in Dorchester Minerals, L.P. (NASDAQ:DMLP). 131,313 were reported by Bank & Trust Of America Corporation De. Sandy Spring Financial Bank reported 0% stake. Advisory Networks Ltd Liability holds 0% or 255 shares in its portfolio. Mraz Amerine & Assoc Inc reported 0.27% stake. Pnc Svcs Grp Inc has invested 0% in Dorchester Minerals, L.P. (NASDAQ:DMLP). Adams Asset Advisors Ltd has 1% invested in Dorchester Minerals, L.P. (NASDAQ:DMLP) for 535,003 shares. Lafitte Cap Mgmt Lp invested in 3.27% or 521,600 shares.

Lucas Capital Management, which manages about $757.48 million and $115.36 million US Long portfolio, upped its stake in Ishares Core S&P 500 Etf (IVV) by 1,844 shares to 3,108 shares, valued at $835,000 in 2017Q4, according to the filing. It also increased its holding in Vanguard Ftse Developed Markets Etf (VEA) by 60,047 shares in the quarter, for a total of 66,176 shares, and has risen its stake in Industrial Select Sector Spdr Fund (XLI).

Analysts await CDK Global, Inc. (NASDAQ:CDK) to report earnings on April, 26 before the open. They expect $0.84 EPS, up 29.23% or $0.19 from last year’s $0.65 per share. CDK’s profit will be $113.03 million for 19.38 P/E if the $0.84 EPS becomes a reality. After $0.87 actual EPS reported by CDK Global, Inc. for the previous quarter, Wall Street now forecasts -3.45% negative EPS growth.

Dorchester Minerals, L.P. (NASDAQ:DMLP) Institutional Positions Chart

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