Raymond James & Associates Reduces Holdings in VOC Energy Trust (VOC)

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Raymond James & Associates cut its position in VOC Energy Trust (NYSE:VOC) by 24.0% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 11,213 shares of the oil and gas producer’s stock after selling 3,550 shares during the quarter. Raymond James & Associates’ holdings in VOC Energy Trust were worth $40,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. Creative Planning raised its position in VOC Energy Trust by 4.9% in the fourth quarter. Creative Planning now owns 82,965 shares of the oil and gas producer’s stock valued at $300,000 after purchasing an additional 3,894 shares during the last quarter. Shoker Investment Counsel Inc. raised its position in VOC Energy Trust by 5.2% in the fourth quarter. Shoker Investment Counsel Inc. now owns 95,720 shares of the oil and gas producer’s stock valued at $345,000 after purchasing an additional 4,774 shares during the last quarter. Finally, Tocqueville Asset Management L.P. bought a new position in VOC Energy Trust in the fourth quarter valued at about $982,000.

Separately, ValuEngine upgraded VOC Energy Trust from a “sell” rating to a “hold” rating in a research report on Thursday, February 28th.

VOC Energy Trust stock opened at $6.00 on Friday. The stock has a market capitalization of $102.00 million, a price-to-earnings ratio of 8.23 and a beta of 1.66. VOC Energy Trust has a 12 month low of $3.32 and a 12 month high of $6.38.

VOC Energy Trust (NYSE:VOC) last posted its earnings results on Tuesday, March 12th. The oil and gas producer reported $0.22 EPS for the quarter. The firm had revenue of $3.95 million during the quarter. VOC Energy Trust had a return on equity of 16.60% and a net margin of 93.28%.

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About VOC Energy Trust

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 a 80% term net profits interest of the net proceeds on the underlying properties. As of December 31, 2017, its underlying properties had interests in 492.5 net producing wells and 55,736.9 net acres; and had proved reserves of approximately 3.4 million barrels of oil equivalent (MMBoe) attributable to the portion of the Kansas underlying properties, and approximately 4.6 MMBoe attributable to the Texas underlying properties.

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

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