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Whiting USA Trust II (NYSE:WHZ) was downgraded by stock analysts at Raymond James to an “underperform” rating in a report issued on Tuesday.

A number of other firms have also recently commented on WHZ. Analysts at Stifel Nicolaus downgraded shares of Whiting USA Trust II from a “hold” rating to a “sell” rating in a research note on Monday. Analysts at Robert W. Baird upgraded shares of Whiting USA Trust II from an “underperform” rating to a “neutral” rating in a research note on Tuesday, June 17th. They now have a $12.00 price target on the stock, up previously from $11.00. They noted that the move was a valuation call.

Shares of Whiting USA Trust II (NYSE:WHZ) traded up 0.08% on Tuesday, hitting $13.30. 279,280 shares of the company’s stock traded hands. Whiting USA Trust II has a one year low of $11.13 and a one year high of $14.48. The stock’s 50-day moving average is $12.84 and its 200-day moving average is $13.00. The company has a market cap of $244.7 million and a P/E ratio of 4.57.

The company also recently announced a quarterly dividend, which is scheduled for Friday, August 29th. Investors of record on Tuesday, August 19th will be paid a dividend of $0.8287 per share. This represents a $3.31 annualized dividend and a dividend yield of 24.94%. The ex-dividend date is Friday, August 15th. This is an increase from Whiting USA Trust II’s previous quarterly dividend of $0.67.

Whiting USA Trust II (NYSE:WHZ) is a statutory trust.

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