9,143 Shares in Epsilon Energy Ltd. (NASDAQ:EPSN) Bought by Barclays PLC

Barclays PLC acquired a new stake in shares of Epsilon Energy Ltd. (NASDAQ:EPSN) in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 9,143 shares of the company’s stock, valued at approximately $54,000.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the company. International Assets Investment Management LLC increased its position in Epsilon Energy by 696.4% in the 3rd quarter. International Assets Investment Management LLC now owns 288,341 shares of the company’s stock worth $1,690,000 after buying an additional 252,136 shares during the period. Empowered Funds LLC boosted its position 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 acquiring an additional 4,288 shares during the period. De Lisle Partners LLP grew its stake in shares of Epsilon Energy by 14.3% in the third quarter. De Lisle Partners LLP now owns 146,411 shares of the company’s stock worth $856,000 after acquiring an additional 18,317 shares during the last quarter. Finally, Geode Capital Management LLC increased its position 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 during the period. Hedge funds and other institutional investors own 60.33% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages recently issued reports on EPSN. Roth Mkm started coverage on Epsilon Energy in a research note on Tuesday, October 1st. They set a “buy” rating and a $7.00 price target on the stock. Roth Capital upgraded shares of Epsilon Energy to a “strong-buy” rating in a research note on Tuesday, October 1st.

Epsilon Energy Price Performance

EPSN stock opened at $6.60 on Friday. The stock has a market capitalization of $144.28 million, a PE ratio of 26.40 and a beta of 0.38. The company has a 50 day moving average price of $6.08 and a 200 day moving average price of $5.73. Epsilon Energy Ltd. has a fifty-two week low of $4.70 and a fifty-two week high of $6.75.

Epsilon Energy (NASDAQ:EPSN) last released its earnings results on Wednesday, November 6th. The company reported $0.02 EPS for the quarter, missing analysts’ consensus estimates of $0.04 by ($0.02). Epsilon Energy had a return on equity of 5.31% and a net margin of 16.97%. The business had revenue of $7.29 million for the quarter, compared to analyst estimates of $6.89 million. During the same period in the prior year, the firm posted $0.02 EPS. As a group, equities analysts expect that Epsilon Energy Ltd. will post 0.2 earnings per share for the current fiscal year.

Epsilon Energy Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, December 31st. Investors of record on Monday, December 16th were issued a dividend of $0.0625 per share. This represents a $0.25 annualized dividend and a yield of 3.79%. The ex-dividend date of this dividend was Monday, December 16th. 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.