VOC Energy Trust (NYSE:VOC) was downgraded by analysts at ValuEngine from a “buy” rating to a “hold” rating in a research report issued on Friday.
Separately, TheStreet raised shares of VOC Energy Trust from a “c” rating to a “b-” rating in a research note on Monday, August 28th.
VOC Energy Trust (NYSE:VOC) traded up $0.08 during mid-day trading on Friday, hitting $4.97. 146,377 shares of the company were exchanged, compared to its average volume of 52,206. VOC Energy Trust has a 52-week low of $2.90 and a 52-week high of $5.61. The stock has a market cap of $84.49, a PE ratio of 8.42 and a beta of 0.72.
A hedge fund recently raised its stake in VOC Energy Trust stock. UBS Group AG raised its stake in VOC Energy Trust (NYSE:VOC) by 13.4% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 36,951 shares of the oil and gas producer’s stock after buying an additional 4,366 shares during the period. UBS Group AG owned about 0.22% of VOC Energy Trust worth $129,000 as of its most recent filing with the Securities and Exchange Commission (SEC). 8.31% of the stock is owned by institutional investors and hedge funds.
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.
To view ValuEngine’s full report, visit ValuEngine’s official website.
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