EP Energy Corp. (NYSE:EPE)’s share price traded down 8.9% during mid-day trading on Monday . The stock traded as low as $3.75 and last traded at $3.80, with a volume of 1,835,527 shares trading hands. The stock had previously closed at $4.17.

Several equities analysts have recently issued reports on the company. Vetr raised EP Energy Corp. from a “buy” rating to a “strong-buy” rating and set a $5.33 price objective for the company in a report on Monday, May 2nd. Bank of America Corp. reissued a “sell” rating on shares of EP Energy Corp. in a report on Friday, May 6th. SunTrust Banks Inc. boosted their price objective on EP Energy Corp. from $2.00 to $5.00 and gave the company a “neutral” rating in a report on Thursday, May 19th. Zacks Investment Research cut EP Energy Corp. from a “strong-buy” rating to a “hold” rating in a report on Tuesday, June 7th. Finally, Wolfe Research cut EP Energy Corp. from a “peer perform” rating to an “underperform” rating in a report on Tuesday, May 10th. Eight analysts have rated the stock with a sell rating, twelve have issued a hold rating and two have assigned a buy rating to the stock. EP Energy Corp. has an average rating of “Hold” and an average price target of $5.24.

The stock’s 50 day moving average price is $4.83 and its 200-day moving average price is $4.48. The company’s market capitalization is $893.49 million.

EP Energy Corp. (NYSE:EPE) last announced its quarterly earnings data on Wednesday, May 4th. The company reported $0.19 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.01 by $0.18. During the same quarter in the previous year, the firm earned $0.13 EPS.

Other hedge funds recently made changes to their positions in the company. Sei Investments Co. bought a new stake in shares of EP Energy Corp. during the fourth quarter valued at about $1,663,000. GSA Capital Partners LLP boosted its stake in shares of EP Energy Corp. by 24.6% in the fourth quarter. GSA Capital Partners LLP now owns 305,933 shares of the company’s stock valued at $1,340,000 after buying an additional 60,494 shares in the last quarter. Finally, Morgan Stanley boosted its stake in shares of EP Energy Corp. by 15.1% in the fourth quarter. Morgan Stanley now owns 2,112,600 shares of the company’s stock valued at $9,253,000 after buying an additional 277,823 shares in the last quarter.

EP Energy Corporation (EP Energy) is an independent exploration and production company. The Company is engaged in the acquisition and development of unconventional onshore oil and natural gas properties in the United States. The Company operates through a diverse base of producing assets and are focused on creating value through the development of its drilling inventory located in four areas: the Eagle Ford Shale (South Texas), the Wolfcamp Shale (Permian Basin in West Texas), the Altamont Field in the Uinta Basin (Northeastern Utah) and the Haynesville Shale (North Louisiana).

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