Sei Investments Co. Acquires 242,196 Shares of Epsilon Energy Ltd. $EPSN

Key Points

• Sei Investments nearly doubled its Epsilon Energy stake in the first quarter, acquiring 242,196 additional shares to own 484,665 shares, or 1.60% of the company. Institutional investors collectively hold 60.33% of EPSN.
• Analyst sentiment is bearish: Weiss Ratings downgraded Epsilon Energy from “hold” to “sell,” while MarketBeat reports a consensus “Sell” rating from one analyst.
• Epsilon Energy shares opened at $5.71, within a 52-week range of $4.20 to $6.65. The company maintains a quarterly dividend of $0.0625 per share, equivalent to a 4.4% annualized yield.

Sei Investments Co. boosted its holdings in shares of Epsilon Energy Ltd. (NASDAQ:EPSN - Free Report) by 99.9% in the first quarter, according to its most recent filing with the SEC. The firm owned 484,665 shares of the company's stock after acquiring an additional 242,196 shares during the period. Sei Investments Co. owned 1.60% of Epsilon Energy worth $2,986,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently made changes to their positions in the company. First Trust Advisors LP lifted its stake in shares of Epsilon Energy by 36.3% in the 1st quarter. First Trust Advisors LP now owns 82,697 shares of the company's stock valued at $509,000 after purchasing an additional 22,003 shares during the period. Dimensional Fund Advisors LP boosted its position in shares of Epsilon Energy by 2.4% in the 1st quarter. Dimensional Fund Advisors LP now owns 813,250 shares of the company's stock worth $5,010,000 after purchasing an additional 19,188 shares during the last quarter. International Assets Investment Management LLC grew its stake in shares of Epsilon Energy by 48.9% during the first quarter. International Assets Investment Management LLC now owns 190,382 shares of the company's stock worth $1,175,000 after purchasing an additional 62,558 shares during the period. Turtle Creek Wealth Advisors LLC acquired a new stake in shares of Epsilon Energy during the first quarter worth $95,000. Finally, NewEdge Advisors LLC grew its stake in shares of Epsilon Energy by 18.1% during the fourth quarter. NewEdge Advisors LLC now owns 14,456 shares of the company's stock worth $67,000 after purchasing an additional 2,214 shares during the period. Institutional investors own 60.33% of the company's stock.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings lowered Epsilon Energy from a "hold (c-)" rating to a "sell (d+)" rating in a research note on Friday, May 15th. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat.com, Epsilon Energy currently has a consensus rating of "Sell".

Epsilon Energy Stock Up 1.4%

Epsilon Energy stock opened at $5.71 on Friday. The firm has a market capitalization of $172.73 million, a price-to-earnings ratio of -15.43 and a beta of -0.20. The company's 50 day simple moving average is $5.53 and its 200 day simple moving average is $5.59. The company has a debt-to-equity ratio of 0.37, a current ratio of 1.08 and a quick ratio of 1.08. Epsilon Energy Ltd. has a fifty-two week low of $4.20 and a fifty-two week high of $6.65.

Epsilon Energy Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Monday, June 15th were given a dividend of $0.0625 per share. This represents a $0.25 dividend on an annualized basis and a dividend yield of 4.4%. The ex-dividend date of this dividend was Monday, June 15th. Epsilon Energy's dividend payout ratio (DPR) is currently -67.57%.

Epsilon Energy Profile

Epsilon Energy NASDAQ: EPSN is an independent exploration and production company specializing in the acquisition, development and production of unconventional and conventional oil and natural gas properties. Originally founded as Brewster Energy in 2002 and rebranded to Epsilon Energy in 2011, the company pursues a disciplined approach to resource development, leveraging its technical expertise to optimize well performance and manage operational costs.

The company's core asset base is concentrated in the Appalachian Basin, where it holds acreage in key shale formations across Pennsylvania, West Virginia and Ohio.

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