XTX Topco Ltd Invests $112,000 in Evolution Petroleum Corporation (NYSE:EPM)

XTX Topco Ltd acquired a new stake in shares of Evolution Petroleum Corporation (NYSE:EPM) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 21,126 shares of the company’s stock, valued at approximately $112,000. XTX Topco Ltd owned 0.06% of Evolution Petroleum as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also recently bought and sold shares of EPM. Creative Planning purchased a new stake in Evolution Petroleum in the 3rd quarter valued at about $53,000. SG Americas Securities LLC acquired a new stake in shares of Evolution Petroleum in the third quarter worth approximately $56,000. Wellington Management Group LLP purchased a new stake in Evolution Petroleum in the third quarter valued at approximately $63,000. Caprock Group LLC acquired a new position in Evolution Petroleum during the third quarter worth approximately $71,000. Finally, Dynamic Technology Lab Private Ltd purchased a new position in Evolution Petroleum during the third quarter worth approximately $105,000. Institutional investors and hedge funds own 60.07% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts have recently commented on the company. Northland Capmk upgraded Evolution Petroleum to a “strong-buy” rating in a report on Thursday, October 17th. StockNews.com upgraded Evolution Petroleum from a “sell” rating to a “hold” rating in a research note on Wednesday, November 27th.

Evolution Petroleum Stock Down 0.6 %

Shares of EPM stock opened at $4.88 on Friday. The company has a current ratio of 1.69, a quick ratio of 1.69 and a debt-to-equity ratio of 0.50. Evolution Petroleum Corporation has a fifty-two week low of $4.59 and a fifty-two week high of $6.28. The firm’s 50 day simple moving average is $5.51. The firm has a market capitalization of $163.95 million, a PE ratio of 34.86 and a beta of 0.86.

Evolution Petroleum Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, December 31st. Investors of record on Friday, December 13th will be issued a dividend of $0.12 per share. The ex-dividend date of this dividend is Friday, December 13th. This represents a $0.48 annualized dividend and a dividend yield of 9.84%. Evolution Petroleum’s payout ratio is 342.86%.

About Evolution Petroleum

Evolution Petroleum Corporation, an energy company, engages in the development, production, ownership, and exploitation of onshore oil and gas properties in the United States. The company holds a non-operated interests in the SCOOP and STACK plays located in Central Oklahoma; the Chaveroo Field situated in Chaves and Roosevelt Counties, New Mexico; the Jonah Field located in Sublette County, Wyoming; the Williston Basin situated in Williston, North Dakota; the Barnett Shale field located in North Texas; the Hamilton Dome situated in Hot Springs County, Wyoming; and the Delhi Field, an onshore CO2-EOR project located in northeast Louisiana in Franklin, Madison, and Richland Parishes, as well as small overriding royalty interests in four onshore central Texas wells.