Mcintyre Freedman & Flynn Investment Advisers Inc. Acquires 1,677 Shares of Epsilon Energy Ltd. (NASDAQ:EPSN)

Mcintyre Freedman & Flynn Investment Advisers Inc. boosted its position in Epsilon Energy Ltd. (NASDAQ:EPSN) by 1.5% during the fourth quarter, HoldingsChannel reports. The fund owned 117,077 shares of the company’s stock after buying an additional 1,677 shares during the quarter. Mcintyre Freedman & Flynn Investment Advisers Inc.’s holdings in Epsilon Energy were worth $727,000 as of its most recent filing with the SEC.

A number of other hedge funds have also added to or reduced their stakes in EPSN. Barclays PLC bought a new stake in Epsilon Energy in the third quarter valued at approximately $54,000. Y Intercept Hong Kong Ltd purchased a new stake in shares of Epsilon Energy in the fourth quarter worth $82,000. Meixler Investment Management Ltd. grew its stake in shares of Epsilon Energy by 22.6% in the fourth quarter. Meixler Investment Management Ltd. now owns 28,580 shares of the company’s stock worth $177,000 after acquiring an additional 5,275 shares during the last quarter. Empowered Funds LLC boosted its position 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 valued at $505,000 after buying an additional 4,288 shares during the last quarter. Finally, De Lisle Partners LLP lifted its holdings in Epsilon Energy by 14.3% in the third quarter. De Lisle Partners LLP now owns 146,411 shares of the company’s stock valued at $856,000 after acquiring an additional 18,317 shares during the period. Hedge funds and other institutional investors own 60.33% of the company’s stock.

Epsilon Energy Stock Performance

EPSN stock opened at $6.61 on Tuesday. Epsilon Energy Ltd. has a fifty-two week low of $4.90 and a fifty-two week high of $6.77. The company has a market cap of $144.47 million, a price-to-earnings ratio of 26.44 and a beta of 0.33. The business’s 50-day moving average is $6.35 and its two-hundred day moving average is $5.94.

Epsilon Energy Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, March 31st. Shareholders of record on Thursday, March 13th will be paid a $0.0625 dividend. This represents a $0.25 dividend on an annualized basis and a yield of 3.78%. The ex-dividend date of this dividend is Thursday, March 13th. Epsilon Energy’s payout ratio is 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.