Shoker Investment Counsel Inc. trimmed its holdings in VOC Energy Trust (NYSE:VOC) by 18.5% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 228,012 shares of the oil and gas producer’s stock after selling 51,747 shares during the period. Shoker Investment Counsel Inc. owned 1.34% of VOC Energy Trust worth $850,000 as of its most recent filing with the Securities and Exchange Commission.
Separately, UBS Group AG boosted its stake in shares of VOC Energy Trust by 13.4% during the 1st quarter. UBS Group AG now owns 36,951 shares of the oil and gas producer’s stock worth $129,000 after purchasing an additional 4,366 shares during the last quarter. 8.08% of the stock is currently owned by institutional investors and hedge funds.
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 down $0.06 during trading on Monday, hitting $4.08. 6,100 shares of the company’s stock traded hands, compared to its average volume of 51,427. VOC Energy Trust has a one year low of $2.80 and a one year high of $5.61. The firm has a market cap of $69.19, a PE ratio of 8.16 and a beta of 0.72.
VOC Energy Trust (NYSE:VOC) last released its quarterly earnings results on Thursday, November 9th. The oil and gas producer reported $0.11 earnings per share (EPS) for the quarter. VOC Energy Trust had a net margin of 89.92% and a return on equity of 10.29%. The company had revenue of $2.14 million for the quarter.
The company also recently declared a quarterly dividend, which was paid on Tuesday, November 14th. Shareholders of record on Monday, October 30th were paid a dividend of $0.095 per share. The ex-dividend date was Friday, October 27th. This represents a $0.38 annualized dividend and a dividend yield of 9.31%. VOC Energy Trust’s dividend payout ratio is currently 76.00%.
ILLEGAL ACTIVITY NOTICE: This report was posted by Transcript Daily and is the sole property of of Transcript Daily. If you are accessing this report on another site, it was copied illegally and reposted in violation of international trademark and copyright law. The correct version of this report can be read at https://transcriptdaily.com/2017/11/27/shoker-investment-counsel-inc-lowers-position-in-voc-energy-trust-voc.html.
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.
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:VOC).
Receive News & Ratings for VOC Energy Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for VOC Energy Trust and related companies with MarketBeat.com's FREE daily email newsletter.