Jane Street Group LLC Buys New Shares in Epsilon Energy Ltd. (NASDAQ:EPSN)

Jane Street Group LLC purchased a new position in shares of Epsilon Energy Ltd. (NASDAQ:EPSN) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 10,754 shares of the company’s stock, valued at approximately $67,000.

A number of other large investors have also recently added to or reduced their stakes in the company. Y Intercept Hong Kong Ltd acquired a new stake in Epsilon Energy in the 4th quarter valued at about $82,000. Meixler Investment Management Ltd. lifted its position in shares of Epsilon Energy by 22.6% in the fourth 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. Empowered Funds LLC boosted its stake 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 worth $561,000 after acquiring an additional 4,115 shares during the period. Mcintyre Freedman & Flynn Investment Advisers Inc. increased its holdings in shares of Epsilon Energy by 1.5% during the 4th quarter. Mcintyre Freedman & Flynn Investment Advisers Inc. now owns 117,077 shares of the company’s stock worth $727,000 after acquiring an additional 1,677 shares during the last quarter. Finally, LPL Financial LLC increased its holdings in shares of Epsilon Energy by 9.5% during the 4th quarter. LPL Financial LLC now owns 144,230 shares of the company’s stock worth $896,000 after acquiring an additional 12,550 shares during the last quarter. Institutional investors and hedge funds own 60.33% of the company’s stock.

Epsilon Energy Stock Up 2.6%

Shares of Epsilon Energy stock opened at $7.39 on Monday. The stock has a market capitalization of $162.71 million, a price-to-earnings ratio of 29.56 and a beta of 0.17. Epsilon Energy Ltd. has a twelve month low of $4.95 and a twelve month high of $7.59. The company has a 50-day simple moving average of $6.85 and a two-hundred day simple moving average of $6.51.

Epsilon Energy (NASDAQ:EPSN) last posted its quarterly earnings data on Wednesday, May 14th. The company reported $0.18 EPS for the quarter, topping analysts’ consensus estimates of $0.14 by $0.04. The firm had revenue of $16.16 million for the quarter, compared to analyst estimates of $11.71 million. Epsilon Energy had a return on equity of 5.31% and a net margin of 16.97%. On average, sell-side analysts anticipate that Epsilon Energy Ltd. will post 0.2 earnings per share for the current fiscal year.

Epsilon Energy Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, June 30th. Shareholders of record on Friday, June 13th will be issued a $0.0625 dividend. This represents a $0.25 annualized dividend and a yield of 3.38%. The ex-dividend date is Friday, June 13th. Epsilon Energy’s dividend payout ratio is currently 119.05%.

Wall Street Analysts Forecast Growth

A number of equities analysts have commented on the stock. Roth Capital set a $8.40 price objective on shares of Epsilon Energy in a research report on Thursday, April 3rd. Wall Street Zen upgraded shares of Epsilon Energy from a “hold” rating to a “buy” rating in a research report on Thursday, May 22nd.

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.