ORG Partners LLC Lowers Stake in Vox Royalty Corp. $VOXR

Key Points

• ORG Partners LLC reduced its stake in Vox Royalty Corp. by 5.9%, owning approximately 11.96 million shares after selling 753,750 shares, which makes it the largest position of the firm.
• Vox Royalty's stock recently increased by 6.7%, with a current market cap of $211.71 million and a price-to-earnings ratio of -104.00.
• The company announced a quarterly dividend of $0.0125 per share, with an upcoming payment date of October 14th, reflecting an annual yield of 1.2% despite a payout ratio of -125.00%.

ORG Partners LLC cut its holdings in Vox Royalty Corp. (NASDAQ:VOXR - Free Report) by 5.9% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 11,961,486 shares of the company's stock after selling 753,750 shares during the quarter. Vox Royalty accounts for approximately 8.1% of ORG Partners LLC's holdings, making the stock its largest position. ORG Partners LLC owned approximately 23.56% of Vox Royalty worth $37,798,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of VOXR. Ancora Advisors LLC lifted its holdings in shares of Vox Royalty by 66.3% during the first quarter. Ancora Advisors LLC now owns 696,879 shares of the company's stock valued at $2,035,000 after purchasing an additional 277,793 shares in the last quarter. Medici Capital LLC lifted its stake in Vox Royalty by 103.8% during the 2nd quarter. Medici Capital LLC now owns 308,326 shares of the company's stock valued at $974,000 after acquiring an additional 157,026 shares during the period. Russell Investments Group Ltd. lifted its stake in Vox Royalty by 32.0% during the 1st quarter. Russell Investments Group Ltd. now owns 276,477 shares of the company's stock valued at $807,000 after acquiring an additional 67,076 shares during the period. Wealth Enhancement Advisory Services LLC bought a new position in Vox Royalty during the 4th quarter valued at about $47,000. Finally, Oppenheimer Asset Management Inc. bought a new position in Vox Royalty during the 1st quarter valued at about $50,000. 45.95% of the stock is owned by institutional investors.

Vox Royalty Stock Up 6.7%

Shares of Vox Royalty stock opened at $4.16 on Friday. The company has a market cap of $211.71 million, a price-to-earnings ratio of -104.00 and a beta of 0.33. The company's 50 day moving average is $3.46 and its 200 day moving average is $3.29. Vox Royalty Corp. has a twelve month low of $2.21 and a twelve month high of $4.24. The company has a quick ratio of 4.34, a current ratio of 4.34 and a debt-to-equity ratio of 0.28.

Vox Royalty (NASDAQ:VOXR - Get Free Report) last released its quarterly earnings results on Wednesday, August 13th. The company reported ($0.01) earnings per share for the quarter, missing the consensus estimate of $0.01 by ($0.02). The firm had revenue of $2.77 million for the quarter, compared to the consensus estimate of $3.44 million. Vox Royalty had a negative net margin of 16.92% and a negative return on equity of 4.23%. Research analysts anticipate that Vox Royalty Corp. will post -0.01 EPS for the current year.

Vox Royalty Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, October 14th. Shareholders of record on Tuesday, September 30th will be issued a $0.0125 dividend. The ex-dividend date of this dividend is Tuesday, September 30th. This represents a $0.05 dividend on an annualized basis and a yield of 1.2%. Vox Royalty's dividend payout ratio is currently -125.00%.

About Vox Royalty

Vox Royalty Corp. operates as a mining royalty and streaming company. The company holds a portfolio of 60 royalties and streaming assets. It operates in Australia, Canada, Peru, Brazil, South Africa, Mexico, and the United States. Vox Royalty Corp. was founded in 2014 and is based in Toronto, Canada.

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