Truffle Hound Capital LLC Acquires Shares of 240,000 Epsilon Energy Ltd. (NASDAQ:EPSN)

Truffle Hound Capital LLC purchased a new position in shares of Epsilon Energy Ltd. (NASDAQ:EPSN - Free Report) during the 4th quarter, according to its most recent 13F filing with the SEC. The firm 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 at the end of the most recent reporting period.

Other large investors have also bought and sold shares of the company. Barclays PLC bought a new position in shares of Epsilon Energy in the third quarter worth approximately $54,000. Y Intercept Hong Kong Ltd bought a new stake in Epsilon Energy in the 4th quarter worth $82,000. Meixler Investment Management Ltd. raised its stake in shares of Epsilon Energy by 22.6% during the fourth quarter. Meixler Investment Management Ltd. now owns 28,580 shares of the company's stock valued at $177,000 after acquiring an additional 5,275 shares during the last quarter. Empowered Funds LLC boosted its holdings in shares of Epsilon Energy by 5.2% during the third quarter. Empowered Funds LLC now owns 86,251 shares of the company's stock worth $505,000 after purchasing an additional 4,288 shares during the period. Finally, Mcintyre Freedman & Flynn Investment Advisers Inc. grew its stake in shares of Epsilon Energy by 1.5% in the fourth 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 during the last quarter. 60.33% of the stock is owned by hedge funds and other institutional investors.

Epsilon Energy Trading Up 0.3 %

Shares of EPSN stock traded up $0.02 during trading hours on Wednesday, reaching $7.08. The company's stock had a trading volume of 48,453 shares, compared to its average volume of 39,993. Epsilon Energy Ltd. has a one year low of $4.95 and a one year high of $7.32. The stock has a market capitalization of $155.82 million, a P/E ratio of 28.32 and a beta of 0.33. The firm's fifty day simple moving average is $6.53 and its 200 day simple moving average is $6.09.

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Epsilon Energy (NASDAQ:EPSN - Get Free Report) last released its quarterly earnings results on Wednesday, March 19th. The company reported $0.04 earnings per share for the quarter, missing the consensus estimate of $0.05 by ($0.01). Epsilon Energy had a net margin of 16.97% and a return on equity of 5.31%. The company had revenue of $8.94 million during the quarter, compared to the consensus estimate of $7.20 million. During the same quarter last year, the firm earned $0.31 EPS. As a group, equities research analysts forecast that Epsilon Energy Ltd. will post 0.2 earnings per share for the current fiscal year.

Epsilon Energy Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, March 31st. Shareholders of record on Thursday, March 13th will be issued a $0.0625 dividend. The ex-dividend date is Thursday, March 13th. This represents a $0.25 annualized dividend and a yield of 3.53%. Epsilon Energy's dividend payout ratio (DPR) is presently 250.00%.

About Epsilon Energy

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.