549,413 Shares in Vox Royalty Corp. $VOXR Bought by McAlvany Wealth Management LLC

McAlvany Wealth Management LLC bought a new stake in Vox Royalty Corp. (NASDAQ:VOXR) during the 4th quarter, Holdings Channel reports. The institutional investor bought 549,413 shares of the company’s stock, valued at approximately $2,604,000. Vox Royalty makes up about 2.0% of McAlvany Wealth Management LLC’s investment portfolio, making the stock its 17th biggest position.

Several other large investors have also recently bought and sold shares of VOXR. Hsbc Holdings PLC purchased a new stake in Vox Royalty during the 4th quarter worth about $58,000. Virtu Financial LLC increased its holdings in shares of Vox Royalty by 260.5% in the 4th quarter. Virtu Financial LLC now owns 39,040 shares of the company’s stock valued at $185,000 after acquiring an additional 28,211 shares during the last quarter. Invesco Ltd. increased its holdings in shares of Vox Royalty by 17.7% in the 4th quarter. Invesco Ltd. now owns 33,333 shares of the company’s stock valued at $158,000 after acquiring an additional 5,016 shares during the last quarter. Engineers Gate Manager LP acquired a new stake in shares of Vox Royalty during the 4th quarter worth about $85,000. Finally, Bridgeway Capital Management LLC acquired a new stake in shares of Vox Royalty during the 4th quarter worth about $275,000. Hedge funds and other institutional investors own 45.95% of the company’s stock.

Vox Royalty Stock Performance

Shares of VOXR stock opened at $5.08 on Friday. The stock’s 50-day moving average is $5.61 and its two-hundred day moving average is $5.40. The firm has a market cap of $350.01 million, a price-to-earnings ratio of 12.10 and a beta of 0.42. Vox Royalty Corp. has a 1 year low of $3.03 and a 1 year high of $6.70.

Vox Royalty (NASDAQ:VOXR) last posted its earnings results on Monday, March 30th. The company reported $0.01 EPS for the quarter, missing analysts’ consensus estimates of $0.06 by ($0.05). Vox Royalty had a return on equity of 8.16% and a net margin of 190.73%.The firm had revenue of $7.36 million for the quarter, compared to analyst estimates of $5.88 million. As a group, research analysts predict that Vox Royalty Corp. will post 0.2 EPS for the current year.

Vox Royalty Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, July 14th. Investors of record on Tuesday, June 30th will be paid a dividend of $0.015 per share. This represents a $0.06 dividend on an annualized basis and a yield of 1.2%. The ex-dividend date is Tuesday, June 30th. Vox Royalty’s dividend payout ratio (DPR) is currently 14.29%.

Analysts Set New Price Targets

Several equities research analysts recently weighed in on the company. Wall Street Zen upgraded Vox Royalty from a “hold” rating to a “strong-buy” rating in a research note on Monday, May 18th. Weiss Ratings lowered shares of Vox Royalty from a “buy (b)” rating to a “buy (b-)” rating in a research note on Friday, June 5th. Roth Mkm began coverage on shares of Vox Royalty in a report on Wednesday, June 3rd. They set a “buy” rating and a $8.00 price objective on the stock. Zacks Research upgraded shares of Vox Royalty from a “strong sell” rating to a “hold” rating in a research report on Monday, June 1st. Finally, BMO Capital Markets restated an “outperform” rating on shares of Vox Royalty in a research report on Friday, May 15th. Three research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $8.00.

About Vox Royalty

Vox Royalty Corp. is a mining royalty and streaming company that acquires interest in precious and base metal projects around the world. By investing in royalty and metal stream agreements, the company provides non-dilutive financing to exploration and mining operators in exchange for a percentage of production revenue or metal offtake. This model allows Vox Royalty to build a steady cash-flow profile without the operational risks and capital expenditures associated with direct mine ownership.

Since its founding in 2018 and subsequent listing on the TSX Venture Exchange, Vox Royalty has assembled a diversified portfolio of royalty and stream interests covering gold, silver, copper, zinc, nickel and other battery metals.