VOC Energy Trust (NYSE:VOC) Shares Sold by Navellier & Associates Inc.

Navellier & Associates Inc. cut its stake in VOC Energy Trust (NYSE:VOCGet Rating) by 3.3% in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 82,366 shares of the oil and gas producer’s stock after selling 2,794 shares during the quarter. Navellier & Associates Inc. owned about 0.48% of VOC Energy Trust worth $535,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of VOC. Dorsey Wright & Associates purchased a new position in shares of VOC Energy Trust in the 2nd quarter valued at about $37,000. Atria Wealth Solutions Inc. acquired a new position in shares of VOC Energy Trust in the first quarter valued at approximately $752,000. Northern Trust Corp increased its holdings in shares of VOC Energy Trust by 7.4% in the first quarter. Northern Trust Corp now owns 20,791 shares of the oil and gas producer’s stock valued at $142,000 after purchasing an additional 1,437 shares during the period. AE Wealth Management LLC purchased a new stake in shares of VOC Energy Trust in the second quarter valued at approximately $374,000. Finally, 180 Wealth Advisors LLC purchased a new stake in shares of VOC Energy Trust in the second quarter valued at approximately $105,000. 4.85% of the stock is owned by institutional investors and hedge funds.

VOC Energy Trust Trading Up 2.6 %

NYSE:VOC traded up $0.23 on Thursday, hitting $9.18. 81,824 shares of the stock were exchanged, compared to its average volume of 205,520. The stock has a market cap of $156.06 million, a PE ratio of 22.38 and a beta of 1.55. The stock has a fifty day moving average of $8.13 and a 200-day moving average of $7.51. VOC Energy Trust has a fifty-two week low of $4.25 and a fifty-two week high of $10.06.

VOC Energy Trust Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, November 14th. Investors of record on Monday, October 31st were issued a $0.365 dividend. This represents a $1.46 dividend on an annualized basis and a yield of 15.90%. The ex-dividend date was Friday, October 28th.

Analysts Set New Price Targets

Separately, StockNews.com raised VOC Energy Trust from a “hold” rating to a “buy” rating in a report on Thursday, November 17th.

About VOC Energy Trust

(Get Rating)

VOC Energy Trust acquires and holds a term net profits interest of the net proceeds from production and sale of the interests in oil and natural gas properties in the states of Kansas and Texas. The company has an 80% term net profits interest of the net proceeds on the underlying properties. As of December 31, 2021, its underlying properties had interests in 452.5 net producing wells and 51,147.2 net acres.

See Also

Want to see what other hedge funds are holding VOC? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for VOC Energy Trust (NYSE:VOCGet Rating).

Institutional Ownership by Quarter for VOC Energy Trust (NYSE:VOC)

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