Evolution Petroleum Corporation (NYSE:EPM) Shares Purchased by Register Financial Advisors LLC

Register Financial Advisors LLC increased its stake in shares of Evolution Petroleum Corporation (NYSE:EPM) by 0.8% in the 4th quarter, HoldingsChannel reports. The firm owned 289,902 shares of the company’s stock after buying an additional 2,303 shares during the quarter. Register Financial Advisors LLC’s holdings in Evolution Petroleum were worth $1,516,000 at the end of the most recent reporting period.

Several other institutional investors have also recently modified their holdings of the stock. Creative Planning purchased a new stake in Evolution Petroleum in the 3rd quarter worth approximately $53,000. SG Americas Securities LLC purchased a new stake in Evolution Petroleum in the 3rd quarter worth approximately $56,000. Wellington Management Group LLP purchased a new stake in shares of Evolution Petroleum during the 3rd quarter valued at $63,000. Caprock Group LLC purchased a new stake in shares of Evolution Petroleum during the 3rd quarter valued at $71,000. Finally, Dynamic Technology Lab Private Ltd purchased a new stake in shares of Evolution Petroleum during the 3rd quarter valued at $105,000. 60.07% of the stock is currently owned by institutional investors and hedge funds.

Evolution Petroleum Trading Down 0.2 %

Shares of Evolution Petroleum stock opened at $5.58 on Monday. The business’s fifty day simple moving average is $5.49. The company has a current ratio of 1.69, a quick ratio of 1.69 and a debt-to-equity ratio of 0.50. Evolution Petroleum Corporation has a twelve month low of $4.59 and a twelve month high of $6.28. The stock has a market cap of $187.49 million, a PE ratio of 50.27 and a beta of 0.87.

Evolution Petroleum Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, December 31st. Investors of record on Friday, December 13th were given a dividend of $0.12 per share. The ex-dividend date was Friday, December 13th. This represents a $0.48 dividend on an annualized basis and a yield of 8.60%. Evolution Petroleum’s dividend payout ratio (DPR) is 342.88%.

Analysts Set New Price Targets

EPM has been the subject of several research reports. StockNews.com raised shares of 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 note 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.