Arrowstreet Capital Limited Partnership Increases Stock Position in GeoPark Limited (NYSE:GPRK)

Arrowstreet Capital Limited Partnership raised its holdings in shares of GeoPark Limited (NYSE:GPRK - Free Report) by 43.2% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 223,867 shares of the oil and gas company's stock after purchasing an additional 67,573 shares during the quarter. Arrowstreet Capital Limited Partnership owned approximately 0.44% of GeoPark worth $2,075,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors also recently modified their holdings of the company. JPMorgan Chase & Co. boosted its stake in GeoPark by 55.1% in the 4th quarter. JPMorgan Chase & Co. now owns 339,337 shares of the oil and gas company's stock worth $3,146,000 after purchasing an additional 120,518 shares during the period. Banco BTG Pactual S.A. boosted its position in shares of GeoPark by 16.7% in the fourth quarter. Banco BTG Pactual S.A. now owns 15,000 shares of the oil and gas company's stock valued at $152,000 after acquiring an additional 2,143 shares during the period. Fox Run Management L.L.C. grew its stake in GeoPark by 17.0% during the fourth quarter. Fox Run Management L.L.C. now owns 13,855 shares of the oil and gas company's stock valued at $128,000 after acquiring an additional 2,009 shares in the last quarter. Sei Investments Co. increased its holdings in GeoPark by 50.7% during the 4th quarter. Sei Investments Co. now owns 15,370 shares of the oil and gas company's stock worth $142,000 after acquiring an additional 5,171 shares during the period. Finally, Quantbot Technologies LP lifted its stake in GeoPark by 1,274.7% in the 4th quarter. Quantbot Technologies LP now owns 56,210 shares of the oil and gas company's stock worth $521,000 after purchasing an additional 52,121 shares in the last quarter. Institutional investors own 68.21% of the company's stock.

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Analyst Ratings Changes

Separately, StockNews.com cut shares of GeoPark from a "buy" rating to a "hold" rating in a report on Friday.

GeoPark Price Performance

Shares of NYSE GPRK traded down $0.07 during trading hours on Monday, reaching $6.38. 1,401,706 shares of the stock traded hands, compared to its average volume of 541,605. The company has a market capitalization of $326.96 million, a P/E ratio of 3.24 and a beta of 0.93. GeoPark Limited has a 52-week low of $5.66 and a 52-week high of $11.72. The company's 50-day simple moving average is $7.99 and its two-hundred day simple moving average is $8.78. The company has a quick ratio of 1.23, a current ratio of 1.28 and a debt-to-equity ratio of 2.53.

GeoPark (NYSE:GPRK - Get Free Report) last issued its earnings results on Wednesday, March 5th. The oil and gas company reported $0.30 earnings per share for the quarter, missing the consensus estimate of $0.73 by ($0.43). GeoPark had a net margin of 14.97% and a return on equity of 57.93%. The company had revenue of $143.70 million for the quarter, compared to analysts' expectations of $141.00 million. Equities research analysts forecast that GeoPark Limited will post 1.97 EPS for the current year.

GeoPark Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, March 31st. Investors of record on Wednesday, March 19th were issued a dividend of $0.147 per share. The ex-dividend date was Wednesday, March 19th. This represents a $0.59 dividend on an annualized basis and a yield of 9.22%. GeoPark's dividend payout ratio is presently 32.22%.

About GeoPark

GeoPark Limited operates as an oil and natural gas exploration and production company primarily in Chile, Colombia, Brazil, Argentina, Ecuador, and other Latin American countries. It engages in the exploration, development, and production of oil and gas reserves. The company was formerly known as GeoPark Holdings Limited and changed its name to GeoPark Limited in July 2013.