1 day Ago By Defense World Staff
Renaissance Technologies LLC cut its holdings in shares of Epsilon Energy Ltd. ( NASDAQ:EPSN – Free Report ) by 7.8% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC).
The fund owned 196,100 shares of the company’s stock after selling 16,700 shares during the period. Renaissance Technologies LLC owned about 0.90% of Epsilon Energy worth $1,218,000 at the end of the most recent quarter.
A number of other large investors have also recently modified their holdings of the business. Barclays PLC bought a new stake in shares of Epsilon Energy during the 3rd quarter worth $54,000. Geode Capital Management LLC boosted its stake in shares of Epsilon Energy by 11.
2% in the 3rd quarter. Geode Capital Management LLC now owns 243,147 shares of the company’s stock valued at $1,425,000 after purchasing an additional 24,437 shares in the last quarter. Empowered Funds LLC grew its holdings in shares of Epsilon Energy by 4.
8% during the 4th quarter. Empowered Funds LLC now owns 90,366 shares of the company’s stock valued at $561,000 after purchasing an additional 4,115 shares during the last quarter. Meixler Investment Management Ltd.
increased its position in Epsilon Energy by 22.6% during the 4th quarter. Meixler Investment Management Ltd.
now owns 28,580 shares of the company’s stock worth $177,000 after purchasing an additional 5,275 shares in the last quarter. Finally, Y Intercept Hong Kong Ltd acquired a new stake in Epsilon Energy in the fourth quarter valued at approximately $82,000. Institutional investors and hedge funds own 60.
33% of the company’s stock. Wall Street Analyst Weigh In Separately, Roth Capital set a $8.40 price target on Epsilon Energy in a research note on Thursday, April 3rd.
Epsilon Energy Trading Down 0.4 % NASDAQ:EPSN opened at $7.25 on Wednesday.
The stock’s 50-day moving average is $6.75 and its 200-day moving average is $6.30.
Epsilon Energy Ltd. has a 1-year low of $4.95 and a 1-year high of $7.
32. The stock has a market cap of $159.57 million, a P/E ratio of 29.
00 and a beta of 0.21. Epsilon Energy ( NASDAQ:EPSN – Get Free Report ) last announced its quarterly earnings results on Wednesday, March 19th.
The company reported $0.04 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.05 by ($0.
01). The business had revenue of $8.94 million during the quarter, compared to analyst estimates of $7.
20 million. Epsilon Energy had a net margin of 16.97% and a return on equity of 5.
31%. During the same quarter last year, the company posted $0.31 earnings per share.
As a group, equities analysts forecast that Epsilon Energy Ltd. will post 0.2 EPS for the current year.
Epsilon Energy Announces Dividend The business also recently announced a quarterly dividend, which was paid on Monday, March 31st. Investors of record on Thursday, March 13th were given a dividend of $0.0625 per share.
This represents a $0.25 annualized dividend and a yield of 3.45%.
The ex-dividend date of this dividend was Thursday, March 13th. Epsilon Energy’s dividend payout ratio is currently 250.00%.
Epsilon Energy Company Profile ( Free Report ) 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. Featured Articles Five stocks we like better than Epsilon Energy Retail Stocks Investing, Explained Don’t Be Fooled by the Bounce: The Market Storm Isn’t Over Yet How to find penny stocks to invest and trade Coca-Cola Company Stock Can Bubble to New Highs This Year High Flyers: 3 Natural Gas Stocks for March 2022 3 Stocks Lifting 2025 Guidance Despite Market Jitters Receive News & Ratings for Epsilon Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Epsilon Energy and related companies with MarketBeat.com's FREE daily email newsletter .
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