Evolution Petroleum Corporation (NYSE:EPM) Shares Purchased by Barclays PLC

Barclays PLC boosted its holdings in shares of Evolution Petroleum Corporation (NYSE:EPM) by 275.4% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 45,331 shares of the company’s stock after buying an additional 33,256 shares during the period. Barclays PLC’s holdings in Evolution Petroleum were worth $242,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in EPM. State Street Corp increased its holdings in shares of Evolution Petroleum by 1.0% during the third quarter. State Street Corp now owns 665,239 shares of the company’s stock valued at $3,532,000 after acquiring an additional 6,675 shares in the last quarter. Arete Wealth Advisors LLC grew its position in Evolution Petroleum by 21.8% during the 3rd quarter. Arete Wealth Advisors LLC now owns 37,872 shares of the company’s stock worth $202,000 after purchasing an additional 6,771 shares during the last quarter. Creative Planning acquired a new position in Evolution Petroleum during the 3rd quarter valued at approximately $53,000. SG Americas Securities LLC purchased a new position in shares of Evolution Petroleum in the third quarter worth $56,000. Finally, Wellington Management Group LLP acquired a new stake in shares of Evolution Petroleum during the third quarter worth $63,000. 60.07% of the stock is currently owned by hedge funds and other institutional investors.

Evolution Petroleum Trading Up 0.4 %

EPM opened at $5.59 on Tuesday. The company has a quick ratio of 1.69, a current ratio of 1.69 and a debt-to-equity ratio of 0.50. Evolution Petroleum Corporation has a 12-month low of $4.59 and a 12-month high of $6.28. The stock’s 50 day simple moving average is $5.50. The stock has a market cap of $187.82 million, a price-to-earnings ratio of 39.93 and a beta of 0.87.

Evolution Petroleum Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, December 31st. Investors of record on Friday, December 13th were issued a dividend of $0.12 per share. The ex-dividend date of this dividend was Friday, December 13th. This represents a $0.48 annualized dividend and a dividend yield of 8.59%. Evolution Petroleum’s dividend payout ratio (DPR) is presently 342.88%.

Analyst Upgrades and Downgrades

Several equities analysts recently issued reports on EPM shares. StockNews.com raised Evolution Petroleum from a “sell” rating to a “hold” rating in a research report on Wednesday, November 27th. Northland Capmk raised Evolution Petroleum to a “strong-buy” rating in a report on Thursday, October 17th.

Evolution Petroleum Profile

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.