VOC Energy Trust (VOC) Rating Lowered to Hold at ValuEngine

ValuEngine cut shares of VOC Energy Trust (NYSE:VOC) from a buy rating to a hold rating in a research report report published on Friday.

Separately, TheStreet upgraded shares of VOC Energy Trust from a c rating to a b- rating in a report on Monday, August 28th.

VOC Energy Trust (NYSE:VOC) remained flat at $$4.97 during midday trading on Friday. The stock had a trading volume of 58,200 shares, compared to its average volume of 52,232. The company has a market capitalization of $84.49, a P/E ratio of 9.94 and a beta of 0.86. VOC Energy Trust has a 1-year low of $3.01 and a 1-year high of $5.61.

VOC Energy Trust (NYSE:VOC) last posted its earnings results on Thursday, November 9th. The oil and gas producer reported $0.11 earnings per share (EPS) for the quarter. The company had revenue of $2.14 million for the quarter. VOC Energy Trust had a return on equity of 10.29% and a net margin of 89.92%.

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, November 14th. Shareholders of record on Monday, October 30th were issued a $0.095 dividend. The ex-dividend date of this dividend was Friday, October 27th. This represents a $0.38 annualized dividend and a yield of 7.65%. VOC Energy Trust’s dividend payout ratio (DPR) is presently 76.00%.

An institutional investor recently raised its position in VOC Energy Trust stock. Creative Planning boosted its stake in VOC Energy Trust (NYSE:VOC) by 30.2% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 45,568 shares of the oil and gas producer’s stock after buying an additional 10,568 shares during the period. Creative Planning owned 0.27% of VOC Energy Trust worth $194,000 at the end of the most recent reporting period. 8.31% of the stock is currently owned by institutional investors and hedge funds.

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VOC Energy Trust Company Profile

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.

To view ValuEngine’s full report, visit ValuEngine’s official website.

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