Truffle Hound Capital LLC Purchases New Stake in Epsilon Energy Ltd. (NASDAQ:EPSN)

Truffle Hound Capital LLC acquired a new position in shares of Epsilon Energy Ltd. (NASDAQ:EPSN) during the 4th quarter, Holdings Channel reports. The firm acquired 240,000 shares of the company’s stock, valued at approximately $1,490,000.

Several other large investors have also recently added to or reduced their stakes in EPSN. Geode Capital Management LLC increased its position in Epsilon Energy by 11.2% during the 3rd quarter. Geode Capital Management LLC now owns 243,147 shares of the company’s stock worth $1,425,000 after buying an additional 24,437 shares during the period. De Lisle Partners LLP increased its position in Epsilon Energy by 14.3% during the 3rd quarter. De Lisle Partners LLP now owns 146,411 shares of the company’s stock worth $856,000 after buying an additional 18,317 shares during the period. Y Intercept Hong Kong Ltd bought a new position in Epsilon Energy during the 4th quarter worth $82,000. Barclays PLC bought a new position in Epsilon Energy during the 3rd quarter worth $54,000. Finally, 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 buying an additional 5,275 shares during the period. Institutional investors own 60.33% of the company’s stock.

Epsilon Energy Price Performance

EPSN stock opened at $6.84 on Friday. The stock has a market capitalization of $149.50 million, a price-to-earnings ratio of 27.36 and a beta of 0.33. The business’s fifty day moving average price is $6.48 and its two-hundred day moving average price is $6.04. Epsilon Energy Ltd. has a fifty-two week low of $4.95 and a fifty-two week high of $7.32.

Epsilon Energy (NASDAQ:EPSN) last posted its quarterly earnings data on Wednesday, March 19th. The company reported $0.04 earnings per share for the quarter, missing the consensus estimate of $0.05 by ($0.01). The firm had revenue of $8.94 million for the quarter, compared to the consensus estimate of $7.20 million. Epsilon Energy had a return on equity of 5.31% and a net margin of 16.97%. During the same quarter in the previous year, the business earned $0.31 EPS. Research analysts expect that Epsilon Energy Ltd. will post 0.2 EPS for the current year.

Epsilon Energy Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, March 31st. Stockholders of record on Thursday, March 13th will be issued a dividend of $0.0625 per share. This represents a $0.25 annualized dividend and a dividend yield of 3.65%. The ex-dividend date is Thursday, March 13th. Epsilon Energy’s dividend payout ratio (DPR) is currently 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.