VOC Energy Trust (NYSE:VOC – Get Rating)'s share price passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $8.78 and traded as high as $9.07. VOC Energy Trust shares last traded at $8.97, with a volume of 69,934 shares traded.

Analysts Set New Price Targets

Separately, StockNews.com initiated coverage on shares of VOC Energy Trust in a research note on Thursday, March 16th. They set a "hold" rating for the company.

VOC Energy Trust Stock Up 0.8 %

The stock's 50 day moving average is $8.31 and its 200-day moving average is $8.78.

VOC Energy Trust Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, February 14th. Investors of record on Monday, January 30th were given a dividend of $0.23 per share. The ex-dividend date of this dividend was Friday, January 27th. This represents a $0.92 dividend on an annualized basis and a yield of 10.26%.

Institutional Trading of VOC Energy Trust

Several institutional investors and hedge funds have recently modified their holdings of VOC. Dorsey Wright & Associates purchased a new position in shares of VOC Energy Trust in the 4th quarter worth $36,000. Los Angeles Capital Management LLC bought a new stake in VOC Energy Trust during the 4th quarter valued at about $118,000. Janney Montgomery Scott LLC raised its holdings in shares of VOC Energy Trust by 18.2% in the 3rd quarter. Janney Montgomery Scott LLC now owns 17,864 shares of the oil and gas producer's stock valued at $121,000 after purchasing an additional 2,752 shares in the last quarter. Renaissance Technologies LLC purchased a new position in shares of VOC Energy Trust in the 4th quarter worth approximately $131,000. Finally, JPMorgan Chase & Co. purchased a new position in shares of VOC Energy Trust in the 4th quarter worth approximately $136,000. 3.36% of the stock is currently owned by institutional investors.

About VOC Energy Trust

(Get Rating)

VOC Energy Trust is a statutory trust. It engages in the acquisition and holding of net profits interest for the benefit of the trust unitholders. The company was founded on November 3, 2010 and is headquartered in Houston, TX.

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