Barclays PLC Buys 3,978 Shares of Evolution Petroleum Corporation (NYSE:EPM)

Barclays PLC raised its stake in Evolution Petroleum Corporation (NYSE:EPM) by 8.8% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 49,309 shares of the company’s stock after acquiring an additional 3,978 shares during the quarter. Barclays PLC’s holdings in Evolution Petroleum were worth $257,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of EPM. Legal & General Group Plc raised its holdings in Evolution Petroleum by 56.7% in the 4th quarter. Legal & General Group Plc now owns 12,088 shares of the company’s stock valued at $63,000 after acquiring an additional 4,375 shares during the period. Intech Investment Management LLC bought a new position in Evolution Petroleum in the 4th quarter valued at about $68,000. SG Americas Securities LLC raised its holdings in Evolution Petroleum by 25.1% in the 4th quarter. SG Americas Securities LLC now owns 13,223 shares of the company’s stock valued at $69,000 after acquiring an additional 2,650 shares during the period. LPL Financial LLC raised its holdings in Evolution Petroleum by 45.5% in the 4th quarter. LPL Financial LLC now owns 15,848 shares of the company’s stock valued at $83,000 after acquiring an additional 4,955 shares during the period. Finally, Proficio Capital Partners LLC acquired a new position in shares of Evolution Petroleum during the 4th quarter worth approximately $113,000. 60.07% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

A number of research analysts have issued reports on the stock. StockNews.com lowered shares of Evolution Petroleum from a “hold” rating to a “sell” rating in a research report on Friday, February 7th. Northland Securities decreased their target price on shares of Evolution Petroleum from $7.00 to $6.50 and set an “outperform” rating on the stock in a research report on Thursday, February 6th. Northland Capmk lowered shares of Evolution Petroleum from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, April 23rd. Finally, Alliance Global Partners assumed coverage on shares of Evolution Petroleum in a research report on Wednesday, May 7th. They set a “buy” rating and a $5.70 target price on the stock.

Evolution Petroleum Stock Performance

Shares of NYSE:EPM opened at $4.20 on Monday. The company’s 50 day simple moving average is $4.60 and its 200 day simple moving average is $5.12. The stock has a market capitalization of $143.87 million, a price-to-earnings ratio of 84.02 and a beta of 0.49. The company has a debt-to-equity ratio of 0.52, a current ratio of 1.64 and a quick ratio of 1.64. Evolution Petroleum Corporation has a 1 year low of $4.05 and a 1 year high of $6.14.

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.