Russell Investments Group Ltd. Reduces Stock Holdings in Vox Royalty Corp. (NASDAQ:VOXR)

Russell Investments Group Ltd. trimmed its position in Vox Royalty Corp. (NASDAQ:VOXR) by 6.9% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 209,401 shares of the company’s stock after selling 15,458 shares during the quarter. Russell Investments Group Ltd. owned about 0.41% of Vox Royalty worth $490,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. Virtu Financial LLC acquired a new stake in Vox Royalty during the third quarter worth $44,000. Sprott Inc. purchased a new stake in shares of Vox Royalty in the 4th quarter valued at approximately $71,000. Finally, Meixler Investment Management Ltd. lifted its holdings in shares of Vox Royalty by 9.7% in the 4th quarter. Meixler Investment Management Ltd. now owns 220,787 shares of the company’s stock worth $517,000 after acquiring an additional 19,487 shares during the last quarter. Hedge funds and other institutional investors own 45.95% of the company’s stock.

Vox Royalty Stock Down 2.6 %

Shares of NASDAQ VOXR opened at $3.33 on Thursday. The firm has a market cap of $169.01 million, a price-to-earnings ratio of -111.00 and a beta of 0.46. The business’s 50 day moving average is $2.76 and its two-hundred day moving average is $2.66. Vox Royalty Corp. has a 52-week low of $1.93 and a 52-week high of $3.57.

Vox Royalty (NASDAQ:VOXR) last posted its quarterly earnings data on Thursday, February 20th. The company reported ($0.02) earnings per share for the quarter. The company had revenue of $2.90 million for the quarter. Vox Royalty had a negative return on equity of 3.71% and a negative net margin of 14.94%. Analysts anticipate that Vox Royalty Corp. will post -0.01 EPS for the current fiscal year.

Vox Royalty Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, April 14th. Stockholders of record on Monday, March 31st were paid a $0.0125 dividend. This represents a $0.05 annualized dividend and a dividend yield of 1.50%. The ex-dividend date of this dividend was Monday, March 31st. This is a boost from Vox Royalty’s previous quarterly dividend of $0.01. Vox Royalty’s dividend payout ratio (DPR) is presently -166.67%.

Vox Royalty Company Profile

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.