GSA Capital Partners LLP Sells 6,500 Shares of MV Oil Trust (MVO)

GSA Capital Partners LLP trimmed its stake in MV Oil Trust (NYSE:MVO) by 6.8% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 89,740 shares of the oil and gas producer’s stock after selling 6,500 shares during the period. GSA Capital Partners LLP owned 0.78% of MV Oil Trust worth $521,000 at the end of the most recent quarter.

Separately, Benjamin F. Edwards & Company Inc. raised its position in shares of MV Oil Trust by 11.2% in the 2nd quarter. Benjamin F. Edwards & Company Inc. now owns 19,779 shares of the oil and gas producer’s stock worth $115,000 after acquiring an additional 2,000 shares in the last quarter. Hedge funds and other institutional investors own 9.83% of the company’s stock.

TRADEMARK VIOLATION WARNING: This piece was first published by Community Financial News and is the property of of Community Financial News. If you are viewing this piece on another website, it was stolen and reposted in violation of US and international trademark and copyright legislation. The legal version of this piece can be accessed at

MV Oil Trust (NYSE:MVO) opened at 5.8315 on Wednesday. The stock has a 50 day moving average price of $5.33 and a 200 day moving average price of $5.83. The company has a market capitalization of $67.06 million, a price-to-earnings ratio of 9.1117 and a beta of 0.29. MV Oil Trust has a 52-week low of $4.80 and a 52-week high of $7.35.

MV Oil Trust (NYSE:MVO) last released its earnings results on Wednesday, August 9th. The oil and gas producer reported $0.25 earnings per share (EPS) for the quarter. The company had revenue of $3.08 million during the quarter. On average, equities analysts expect that MV Oil Trust will post $1.74 earnings per share for the current year.

The business also recently announced a quarterly dividend, which will be paid on Wednesday, October 25th. Investors of record on Friday, October 13th will be issued a $0.125 dividend. The ex-dividend date of this dividend is Thursday, October 12th. This represents a $0.50 dividend on an annualized basis and a yield of 8.57%. MV Oil Trust’s dividend payout ratio (DPR) is presently 140.63%.

MV Oil Trust Profile

MV Oil Trust (the Trust) is a statutory trust. The Trust acquires and holds a term net profits interest for the benefit of the Trust unitholders. Its underlying properties consist of MV Partners, LLC’s (MV Partners) net interests in all of its oil and natural gas properties, which are located in the Mid-Continent region in the States of Kansas and Colorado.

Institutional Ownership by Quarter for MV Oil Trust (NYSE:MVO)

What are top analysts saying about MV Oil Trust? - Enter your email address in the form below to receive our free daily email newsletter that contains the latest headlines and analysts' recommendations for for MV Oil Trust and related companies.


Leave a Reply

share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on Google Plus
share on reddit