Guru Murray Stahl (Trades, Portfolio) is a Brooklyn College graduate with over 30 years of investment experience. In 1978, shortly after he graduated from Brooklyn College, he began his investment career at Bankers Trust, where he spent the next 16 years as the firm's portfolio manager. In 1994, Stahl founded Horizon Kinetics, an investment firm that focuses on long term investing, by using the power of compounding.
In the first quarter of 2016, Stahl added 30,441 shares of Texas Pacific Land Trust (TPL, Financial).
Texas Pacific Land Trust was created in 1888 to receive and hold title to extensive tracts of land in Texas, previously the property of the Texas and Pacific Railway Company, and to issue transferable Certificates of Proprietary Interest pro rata to the holders of certain debt securities of the Texas and Pacific Railway Company.
Texas Pacific Land Trust has a market cap of $1.21 billion, a P/E ratio of 24.45, an enterprise value of $1.16 billion, and a P/B ratio of 26.38.
Texas Pacific Land Trust has two good signs according to GuruFocus. The Altman Z-Score is strong with a 161.68 rating. The company operating margin is also in expansion, which is another good sign. The company has a Financial Strength rating of 7/10 according to GuruFocus with no debt.
Below is a Peter Lynch Chart for Texas Pacific Land Trust.
The company also has a 8/10 profitability and growth rating with an operating margin of 94.76%, which ranks the company above 91% of the companies in the global real estate general business.
It is possible that Stahl increased his stake in Texas Pacific Land Trust because the company has been in existence for 128 years, and the company has excellent financial strength with a very strong Altman Z- Score, which increases the probability of the company continuing their successful business in the future.
Cheers to your investment success.
Disclosure: Author does not own any shares of this stock.
