28,211 Shares in Evolution Petroleum Corporation (NYSE:EPM) Bought by Two Sigma Investments LP

Two Sigma Investments LP bought a new position in Evolution Petroleum Corporation (NYSE:EPM) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm bought 28,211 shares of the company’s stock, valued at approximately $148,000. Two Sigma Investments LP owned 0.08% of Evolution Petroleum at the end of the most recent reporting period.

Several other institutional investors have also recently bought and sold shares of the company. WealthTrust Axiom LLC grew its position in shares of Evolution Petroleum by 1.9% in the fourth quarter. WealthTrust Axiom LLC now owns 1,737,867 shares of the company’s stock valued at $9,089,000 after purchasing an additional 32,729 shares during the last quarter. Dimensional Fund Advisors LP lifted its position in shares of Evolution Petroleum by 6.3% during the 4th quarter. Dimensional Fund Advisors LP now owns 1,510,454 shares of the company’s stock worth $7,899,000 after purchasing an additional 89,697 shares during the last quarter. Geode Capital Management LLC boosted its stake in Evolution Petroleum by 0.4% during the 4th quarter. Geode Capital Management LLC now owns 712,521 shares of the company’s stock valued at $3,728,000 after purchasing an additional 2,657 shares during the period. American Century Companies Inc. grew its holdings in Evolution Petroleum by 31.0% in the 4th quarter. American Century Companies Inc. now owns 629,696 shares of the company’s stock valued at $3,293,000 after buying an additional 149,130 shares during the last quarter. Finally, Northern Trust Corp increased its position in Evolution Petroleum by 4.8% in the 4th quarter. Northern Trust Corp now owns 319,784 shares of the company’s stock worth $1,672,000 after buying an additional 14,727 shares during the period. Institutional investors own 60.07% of the company’s stock.

Wall Street Analyst Weigh In

EPM has been the subject of a number of research analyst reports. Alliance Global Partners assumed coverage on Evolution Petroleum in a report on Wednesday, May 7th. They set a “buy” rating and a $5.70 price target for the company. Wall Street Zen upgraded shares of Evolution Petroleum from a “sell” rating to a “hold” rating in a research note on Monday, May 19th. Finally, Northland Capmk raised shares of Evolution Petroleum to a “hold” rating in a report on Tuesday, May 20th.

Evolution Petroleum Trading Up 0.4%

Evolution Petroleum stock opened at $5.19 on Friday. The business has a 50 day moving average price of $4.41 and a two-hundred day moving average price of $4.96. The company has a quick ratio of 1.64, a current ratio of 1.64 and a debt-to-equity ratio of 0.52. Evolution Petroleum Corporation has a 12 month low of $4.05 and a 12 month high of $6.14. The stock has a market cap of $178.06 million, a price-to-earnings ratio of 103.82 and a beta of 0.56.

Evolution Petroleum Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, June 30th. Stockholders of record on Friday, June 13th will be given a dividend of $0.12 per share. This represents a $0.48 dividend on an annualized basis and a dividend yield of 9.25%. The ex-dividend date of this dividend is Friday, June 13th. Evolution Petroleum’s dividend payout ratio is presently -1,600.00%.

Evolution Petroleum Company Profile

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.