GeoPark (NYSE:GPRK) Rating Lowered to Hold at StockNews.com

GeoPark (NYSE:GPRK - Get Free Report) was downgraded by research analysts at StockNews.com from a "buy" rating to a "hold" rating in a report issued on Thursday.

GeoPark Price Performance

GPRK stock traded down $0.27 on Thursday, hitting $7.76. 986,211 shares of the company's stock traded hands, compared to its average volume of 514,703. The stock has a market cap of $396.77 million, a price-to-earnings ratio of 3.94 and a beta of 1.37. GeoPark has a 1-year low of $7.24 and a 1-year high of $11.72. The company has a current ratio of 1.28, a quick ratio of 1.23 and a debt-to-equity ratio of 2.53. The stock has a fifty day moving average of $9.39 and a 200-day moving average of $8.93.

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 (EPS) for the quarter, missing analysts' consensus estimates of $0.73 by ($0.43). The company had revenue of $143.70 million during the quarter, compared to analyst estimates of $141.00 million. GeoPark had a return on equity of 57.93% and a net margin of 14.97%. On average, analysts forecast that GeoPark will post 1.97 EPS for the current fiscal year.

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Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in the company. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC acquired a new position in GeoPark in the 3rd quarter worth approximately $2,834,000. Glenorchy Capital Ltd acquired a new stake in shares of GeoPark in the fourth quarter worth $1,669,000. Principal Financial Group Inc. grew its holdings in shares of GeoPark by 77.4% during the third quarter. Principal Financial Group Inc. now owns 366,380 shares of the oil and gas company's stock valued at $2,883,000 after buying an additional 159,861 shares in the last quarter. Renaissance Technologies LLC raised its position in GeoPark by 5.2% during the fourth quarter. Renaissance Technologies LLC now owns 3,176,376 shares of the oil and gas company's stock valued at $29,445,000 after buying an additional 156,067 shares during the period. Finally, JPMorgan Chase & Co. raised its position in GeoPark by 55.1% during the fourth quarter. JPMorgan Chase & Co. now owns 339,337 shares of the oil and gas company's stock valued at $3,146,000 after buying an additional 120,518 shares during the period. 68.21% of the stock is owned by hedge funds and other institutional investors.

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.