Shares of Evolution Petroleum Corp (NYSEAMERICAN:EPM) traded up 5.9% during trading on Monday . The stock traded as high as $6.16 and last traded at $6.13, 169,454 shares were traded during mid-day trading. An increase of 16% from the average session volume of 145,815 shares. The stock had previously closed at $5.79.

Separately, Zacks Investment Research upgraded shares of Evolution Petroleum from a “sell” rating to a “hold” rating in a research note on Monday.

Several institutional investors and hedge funds have recently bought and sold shares of EPM. Northern Trust Corp lifted its stake in shares of Evolution Petroleum by 4.8% in the 4th quarter. Northern Trust Corp now owns 383,047 shares of the energy company’s stock valued at $2,613,000 after purchasing an additional 17,626 shares during the period. Dimensional Fund Advisors LP lifted its stake in shares of Evolution Petroleum by 6.7% in the 4th quarter. Dimensional Fund Advisors LP now owns 1,142,562 shares of the energy company’s stock valued at $7,793,000 after purchasing an additional 71,861 shares during the period. Geode Capital Management LLC lifted its stake in shares of Evolution Petroleum by 10.6% in the 4th quarter. Geode Capital Management LLC now owns 291,904 shares of the energy company’s stock valued at $1,990,000 after purchasing an additional 28,095 shares during the period. Bank of America Corp DE lifted its stake in shares of Evolution Petroleum by 19.1% in the 4th quarter. Bank of America Corp DE now owns 141,942 shares of the energy company’s stock valued at $968,000 after purchasing an additional 22,760 shares during the period. Finally, Deutsche Bank AG lifted its stake in shares of Evolution Petroleum by 34.9% in the 4th quarter. Deutsche Bank AG now owns 119,352 shares of the energy company’s stock valued at $811,000 after purchasing an additional 30,897 shares during the period.

Evolution Petroleum Company Profile (NYSEAMERICAN:EPM)

Evolution Petroleum Corporation, an oil and gas company, engages in the development, production, ownership, and management of oil and gas properties in the United States. The company primarily holds interests in a CO2 enhanced oil recovery project in Louisiana's Delhi field. Its Delhi Holt-Bryant Unit covers an area of 13,636 acres located in Northeast Louisiana.

Further Reading: Stop Order

Receive News & Ratings for Evolution Petroleum Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Evolution Petroleum and related companies with MarketBeat.com's FREE daily email newsletter.