Certior Financial Group LLC Invests $140,000 in Evolution Petroleum Corporation (NYSE:EPM)

Certior Financial Group LLC bought a new stake in Evolution Petroleum Corporation (NYSE:EPM) during the 4th quarter, Holdings Channel.com reports. The firm bought 26,730 shares of the company’s stock, valued at approximately $140,000.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in EPM. Geode Capital Management LLC raised its position in shares of Evolution Petroleum by 0.4% in the 4th quarter. Geode Capital Management LLC now owns 712,521 shares of the company’s stock worth $3,728,000 after acquiring an additional 2,657 shares in the last quarter. State Street Corp grew its stake in Evolution Petroleum by 1.0% during the third quarter. State Street Corp now owns 665,239 shares of the company’s stock worth $3,532,000 after purchasing an additional 6,675 shares during the period. American Century Companies Inc. grew its stake in Evolution Petroleum by 31.0% during the fourth quarter. American Century Companies Inc. now owns 629,696 shares of the company’s stock worth $3,293,000 after purchasing an additional 149,130 shares during the period. Register Financial Advisors LLC increased its holdings in Evolution Petroleum by 0.8% in the fourth quarter. Register Financial Advisors LLC now owns 289,902 shares of the company’s stock worth $1,516,000 after purchasing an additional 2,303 shares in the last quarter. Finally, Raymond James Financial Inc. acquired a new position in Evolution Petroleum in the fourth quarter valued at approximately $1,477,000. Institutional investors and hedge funds own 60.07% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages have recently commented on EPM. StockNews.com downgraded shares of Evolution Petroleum from a “hold” rating to a “sell” rating in a research report on Friday, February 7th. Northland Securities reduced their price target on shares of Evolution Petroleum from $7.00 to $6.50 and set an “outperform” rating for the company in a report on Thursday, February 6th.

Evolution Petroleum Stock Down 1.5 %

EPM stock opened at $4.52 on Tuesday. The stock’s 50 day simple moving average is $5.10 and its 200 day simple moving average is $5.33. The company has a market cap of $154.83 million, a P/E ratio of 90.42 and a beta of 0.51. The company has a debt-to-equity ratio of 0.52, a quick ratio of 1.64 and a current ratio of 1.64. Evolution Petroleum Corporation has a fifty-two week low of $4.30 and a fifty-two week high of $6.14.

Evolution Petroleum Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, March 31st. Investors of record on Friday, March 14th were issued a $0.12 dividend. This represents a $0.48 dividend on an annualized basis and a dividend yield of 10.62%. The ex-dividend date of this dividend was Friday, March 14th. Evolution Petroleum’s dividend payout ratio is currently 960.00%.

Evolution Petroleum Company 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.