Y Intercept Hong Kong Ltd Makes New Investment in Epsilon Energy Ltd. (NASDAQ:EPSN)

Y Intercept Hong Kong Ltd acquired a new position in shares of Epsilon Energy Ltd. (NASDAQ:EPSN) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 13,209 shares of the company’s stock, valued at approximately $82,000. Y Intercept Hong Kong Ltd owned about 0.06% of Epsilon Energy at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of EPSN. Geode Capital Management LLC raised its holdings in Epsilon Energy by 11.2% during the third quarter. Geode Capital Management LLC now owns 243,147 shares of the company’s stock worth $1,425,000 after acquiring an additional 24,437 shares in the last quarter. De Lisle Partners LLP increased its position in shares of Epsilon Energy by 14.3% during the 3rd quarter. De Lisle Partners LLP now owns 146,411 shares of the company’s stock worth $856,000 after purchasing an additional 18,317 shares during the last quarter. Barclays PLC bought a new stake in shares of Epsilon Energy during the 3rd quarter worth approximately $54,000. Meixler Investment Management Ltd. boosted its holdings in shares of Epsilon Energy by 22.6% in the 4th quarter. Meixler Investment Management Ltd. now owns 28,580 shares of the company’s stock valued at $177,000 after buying an additional 5,275 shares during the last quarter. Finally, Empowered Funds LLC grew its stake in shares of Epsilon Energy by 5.2% in the third quarter. Empowered Funds LLC now owns 86,251 shares of the company’s stock valued at $505,000 after buying an additional 4,288 shares in the last quarter. Institutional investors own 60.33% of the company’s stock.

Epsilon Energy Trading Up 0.8 %

NASDAQ EPSN opened at $6.71 on Thursday. The firm has a market capitalization of $146.66 million, a P/E ratio of 26.84 and a beta of 0.33. The firm’s fifty day moving average price is $6.30 and its two-hundred day moving average price is $5.91. Epsilon Energy Ltd. has a 1 year low of $4.90 and a 1 year high of $6.77.

Epsilon Energy Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, March 31st. Stockholders of record on Thursday, March 13th will be issued a $0.0625 dividend. The ex-dividend date of this dividend is Thursday, March 13th. This represents a $0.25 dividend on an annualized basis and a dividend yield of 3.73%. Epsilon Energy’s payout ratio is 100.00%.

Epsilon Energy Company Profile

Epsilon Energy Ltd., a North American onshore independent natural gas and oil company, engages in the acquisition, development, gathering, and production of natural oil and gas reserves in the United States. The company operates through Upstream and Gathering System segments. It has natural gas production in the Marcellus Shale in Pennsylvania; and oil, natural gas liquids, and natural gas production in the Permian Basin in Texas and New Mexico, and Anadarko Basin in Oklahoma.