Truffle Hound Capital LLC Makes New Investment in Epsilon Energy Ltd. (NASDAQ:EPSN)

Truffle Hound Capital LLC purchased a new position in shares of Epsilon Energy Ltd. (NASDAQ:EPSN) in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 240,000 shares of the company’s stock, valued at approximately $1,490,000. Truffle Hound Capital LLC owned about 1.10% of Epsilon Energy as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of EPSN. Barclays PLC acquired a new position in Epsilon Energy during the 3rd quarter worth approximately $54,000. Y Intercept Hong Kong Ltd acquired a new position in Epsilon Energy during the 4th quarter worth approximately $82,000. Meixler Investment Management Ltd. raised its stake in shares of 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 purchasing an additional 5,275 shares in the last quarter. Empowered Funds LLC raised its stake in shares of Epsilon Energy by 5.2% during the 3rd quarter. Empowered Funds LLC now owns 86,251 shares of the company’s stock worth $505,000 after purchasing an additional 4,288 shares in the last quarter. Finally, Mcintyre Freedman & Flynn Investment Advisers Inc. raised its stake in shares of Epsilon Energy by 1.5% during the 4th quarter. Mcintyre Freedman & Flynn Investment Advisers Inc. now owns 117,077 shares of the company’s stock worth $727,000 after purchasing an additional 1,677 shares in the last quarter. Institutional investors and hedge funds own 60.33% of the company’s stock.

Epsilon Energy Stock Down 3.7 %

Shares of Epsilon Energy stock opened at $6.84 on Friday. Epsilon Energy Ltd. has a 12-month low of $4.95 and a 12-month high of $7.32. The stock has a market cap of $149.50 million, a P/E ratio of 27.36 and a beta of 0.33. The business’s 50 day moving average is $6.48 and its 200-day moving average is $6.04.

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

Epsilon Energy Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, March 31st. Stockholders of record on Thursday, March 13th will be paid a dividend of $0.0625 per share. This represents a $0.25 dividend on an annualized basis and a dividend yield of 3.65%. The ex-dividend date of this dividend is Thursday, March 13th. Epsilon Energy’s dividend payout ratio is currently 100.00%.

Epsilon Energy 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.