VOC Energy Trust (VOC) Raised to “B-” at TheStreet
Shares of VOC Energy Trust (NYSE VOC) opened at 3.42 on Monday. The firm has a market cap of $58.14 million, a P/E ratio of 7.13 and a beta of 0.80. VOC Energy Trust has a 12 month low of $2.67 and a 12 month high of $5.61. The company’s 50-day moving average price is $4.02 and its 200-day moving average price is $4.07.
The company also recently disclosed a quarterly dividend, which was paid on Monday, August 14th. Stockholders of record on Monday, July 31st were given a dividend of $0.11 per share. The ex-dividend date was Thursday, July 27th. This represents a $0.44 annualized dividend and a dividend yield of 12.87%. VOC Energy Trust’s payout ratio is 91.67%.
Several hedge funds have recently made changes to their positions in the stock. Renaissance Technologies LLC purchased a new stake in shares of VOC Energy Trust during the fourth quarter valued at approximately $112,000. Creative Planning purchased a new stake in shares of VOC Energy Trust during the first quarter valued at approximately $123,000. Finally, UBS Group AG increased its stake in shares of VOC Energy Trust by 13.4% in the first quarter. UBS Group AG now owns 36,951 shares of the oil and gas producer’s stock valued at $129,000 after buying an additional 4,366 shares during the last quarter. Hedge funds and other institutional investors own 7.81% of the company’s stock.
About VOC Energy Trust
VOC Energy Trust is a statutory trust formed by VOC Brazos Energy Partners, L.P. (VOC Brazos). The business and affairs of the Company are managed by The Bank of New York Mellon Trust Company, N.A., as trustee. The Company was created to acquire and hold the net profits interest for the benefit of its unitholders.
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