Sei Investments Co. Has $2.99 Million Stake in Epsilon Energy Ltd. $EPSN

Sei Investments Co. grew its holdings in Epsilon Energy Ltd. (NASDAQ:EPSN) by 99.9% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 484,665 shares of the company’s stock after acquiring an additional 242,196 shares during the quarter. Sei Investments Co.’s holdings in Epsilon Energy were worth $2,986,000 at the end of the most recent reporting period.

Other hedge funds also recently modified their holdings of the company. Cubist Systematic Strategies LLC bought a new position in shares of Epsilon Energy during the 1st quarter valued at about $77,000. Goldman Sachs Group Inc. bought a new stake in Epsilon Energy during the 1st quarter worth approximately $151,000. Empowered Funds LLC raised its holdings in Epsilon Energy by 8.5% during the 1st quarter. Empowered Funds LLC now owns 98,009 shares of the company’s stock worth $692,000 after buying an additional 7,643 shares during the period. Jane Street Group LLC raised its holdings in Epsilon Energy by 346.2% during the 1st quarter. Jane Street Group LLC now owns 47,980 shares of the company’s stock worth $339,000 after buying an additional 37,226 shares during the period. Finally, Acadian Asset Management LLC bought a new position in Epsilon Energy in the first quarter valued at approximately $311,000. Institutional investors and hedge funds own 60.33% of the company’s stock.

Analyst Ratings Changes

Separately, Weiss Ratings cut shares of Epsilon Energy from a “hold (c-)” rating to a “sell (d+)” rating in a report on Friday, May 15th. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the company has an average rating of “Sell”.

Epsilon Energy Stock Performance

EPSN opened at $5.71 on Friday. The business’s 50-day moving average price is $5.53 and its two-hundred day moving average price is $5.59. Epsilon Energy Ltd. has a 1 year low of $4.20 and a 1 year high of $6.65. The company has a market capitalization of $172.73 million, a price-to-earnings ratio of -15.43 and a beta of -0.20. 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 Dividend Announcement

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