VOC Energy Trust (VOC) Raised to “B-” at TheStreet
VOC Energy Trust (NYSE:VOC) was upgraded by investment analysts at TheStreet from a “c” rating to a “b-” rating in a research note issued to investors on Monday.
VOC Energy Trust (NYSE:VOC) traded up 3.01% on Monday, reaching $3.42. 10,297 shares of the company were exchanged. The stock has a 50 day moving average of $4.02 and a 200 day moving average of $4.07. VOC Energy Trust has a 12-month low of $2.67 and a 12-month high of $5.61. The firm has a market capitalization of $58.14 million, a PE ratio of 7.13 and a beta of 0.80.
A number of large investors have recently made changes to their positions in VOC. UBS Group AG boosted 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 worth $129,000 after buying an additional 4,366 shares in the last quarter. Creative Planning boosted its stake in shares of VOC Energy Trust by 30.2% in the second quarter. Creative Planning now owns 45,568 shares of the oil and gas producer’s stock valued at $194,000 after buying an additional 10,568 shares in the last quarter. Finally, Renaissance Technologies LLC bought a new stake in shares of VOC Energy Trust during the fourth quarter valued at $112,000. Institutional investors and hedge funds 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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