21,126 Shares in Evolution Petroleum Corporation (NYSE:EPM) Acquired by XTX Topco Ltd

XTX Topco Ltd acquired a new stake in Evolution Petroleum Corporation (NYSE:EPM) in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 21,126 shares of the company’s stock, valued at approximately $112,000.

A number of other hedge funds also recently made changes to their positions in the company. Creative Planning purchased a new position in shares of Evolution Petroleum in the third quarter valued at $53,000. SG Americas Securities LLC purchased a new position in Evolution Petroleum in the 3rd quarter valued at about $56,000. Wellington Management Group LLP acquired a new stake in shares of Evolution Petroleum during the third quarter valued at about $63,000. Caprock Group LLC purchased a new stake in shares of Evolution Petroleum during the third quarter worth about $71,000. Finally, Dynamic Technology Lab Private Ltd acquired a new position in shares of Evolution Petroleum in the third quarter worth about $105,000. Hedge funds and other institutional investors own 60.07% of the company’s stock.

Evolution Petroleum Stock Performance

Shares of EPM stock opened at $4.88 on Friday. The company has a quick ratio of 1.69, a current ratio of 1.69 and a debt-to-equity ratio of 0.50. The company has a market capitalization of $163.95 million, a PE ratio of 34.86 and a beta of 0.86. Evolution Petroleum Corporation has a one year low of $4.59 and a one year high of $6.28. The stock’s 50-day moving average is $5.51.

Evolution Petroleum Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, December 31st. Stockholders of record on Friday, December 13th will be given a $0.12 dividend. The ex-dividend date of this dividend is Friday, December 13th. This represents a $0.48 annualized dividend and a dividend yield of 9.84%. Evolution Petroleum’s payout ratio is 342.86%.

Analyst Upgrades and Downgrades

A number of equities research analysts have weighed in on the company. StockNews.com upgraded Evolution Petroleum from a “sell” rating to a “hold” rating in a research note on Wednesday, November 27th. Northland Capmk raised shares of Evolution Petroleum to a “strong-buy” rating in a research report on Thursday, October 17th.

About Evolution Petroleum

Evolution Petroleum Corporation, an energy company, engages in the development, production, ownership, and exploitation of onshore oil and gas properties in the United States. The company holds a non-operated interests in the SCOOP and STACK plays located in Central Oklahoma; the Chaveroo Field situated in Chaves and Roosevelt Counties, New Mexico; the Jonah Field located in Sublette County, Wyoming; the Williston Basin situated in Williston, North Dakota; the Barnett Shale field located in North Texas; the Hamilton Dome situated in Hot Springs County, Wyoming; and the Delhi Field, an onshore CO2-EOR project located in northeast Louisiana in Franklin, Madison, and Richland Parishes, as well as small overriding royalty interests in four onshore central Texas wells.