MV Oil Trust (NYSE:MVO) Downgraded to Hold Rating by StockNews.com

Posted by Defense World Staff on Mar 4th, 2025

StockNews.com cut shares of MV Oil Trust (NYSE:MVO – Free Report) from a buy rating to a hold rating in a report released on Monday.

MV Oil Trust Stock Performance

MVO opened at $4.84 on Monday. The stock has a market capitalization of $55.60 million, a P/E ratio of 3.04 and a beta of 0.74. The company’s 50-day simple moving average is $6.64 and its two-hundred day simple moving average is $8.22. MV Oil Trust has a 52-week low of $4.78 and a 52-week high of $11.63.

MV Oil Trust Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, January 24th. Stockholders of record on Thursday, January 16th were issued a $0.24 dividend. The ex-dividend date of this dividend was Thursday, January 16th. This represents a $0.96 dividend on an annualized basis and a dividend yield of 19.86%. MV Oil Trust’s dividend payout ratio (DPR) is presently 60.38%.

Hedge Funds Weigh In On MV Oil Trust

An institutional investor recently bought a new position in MV Oil Trust stock. RIA Advisory Group LLC acquired a new position in shares of MV Oil Trust (NYSE:MVO – Free Report) during the 3rd quarter, according to its most recent 13F filing with the SEC. The firm acquired 12,525 shares of the oil and gas producer’s stock, valued at approximately $119,000. RIA Advisory Group LLC owned 0.11% of MV Oil Trust as of its most recent SEC filing. Hedge funds and other institutional investors own 3.54% of the company’s stock.

About MV Oil Trust

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MV Oil Trust acquires and holds term net profits interests in the oil and natural gas properties of MV Partners, LLC. Its properties wells located in the Mid-Continent region in the states of Kansas and Colorado. MV Oil Trust was incorporated in 2006 and is based in Houston, Texas.