GSA Capital Partners LLP boosted its position in GeoPark Limited (NYSE:GPRK - Free Report) by 61.7% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 216,084 shares of the oil and gas company's stock after buying an additional 82,459 shares during the quarter. GSA Capital Partners LLP owned approximately 0.39% of GeoPark worth $1,701,000 at the end of the most recent reporting period.
Other institutional investors have also recently bought and sold shares of the company. Quadrature Capital Ltd lifted its position in shares of GeoPark by 40.6% during the 1st quarter. Quadrature Capital Ltd now owns 85,080 shares of the oil and gas company's stock worth $817,000 after purchasing an additional 24,555 shares during the last quarter. Virtu Financial LLC bought a new position in GeoPark during the first quarter worth $192,000. EverSource Wealth Advisors LLC bought a new stake in GeoPark in the 1st quarter valued at $28,000. Annex Advisory Services LLC acquired a new position in shares of GeoPark during the second quarter valued at about $594,000. Finally, Liontrust Investment Partners LLP bought a new stake in shares of GeoPark in the second quarter valued at about $460,000. Institutional investors own 68.21% of the company's stock.
GeoPark Stock Performance
Shares of GPRK stock traded up $0.01 on Wednesday, hitting $8.21. The company's stock had a trading volume of 194,204 shares, compared to its average volume of 392,051. The stock's 50 day moving average is $8.03 and its 200-day moving average is $9.27. The company has a market capitalization of $420.02 million, a PE ratio of 4.12 and a beta of 1.31. The company has a debt-to-equity ratio of 2.53, a quick ratio of 1.23 and a current ratio of 1.28. GeoPark Limited has a fifty-two week low of $7.24 and a fifty-two week high of $11.25.
GeoPark (NYSE:GPRK - Get Free Report) last posted its quarterly earnings results on Wednesday, November 6th. The oil and gas company reported $0.48 earnings per share for the quarter, missing analysts' consensus estimates of $0.59 by ($0.11). The company had revenue of $159.50 million during the quarter, compared to analyst estimates of $156.99 million. GeoPark had a net margin of 14.97% and a return on equity of 57.93%. Equities research analysts expect that GeoPark Limited will post 2.95 earnings per share for the current fiscal year.
GeoPark Announces Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Friday, December 6th. Investors of record on Thursday, November 21st will be issued a $0.147 dividend. The ex-dividend date is Thursday, November 21st. This represents a $0.59 dividend on an annualized basis and a yield of 7.16%. GeoPark's payout ratio is 29.95%.
Analysts Set New Price Targets
A number of brokerages have recently issued reports on GPRK. JPMorgan Chase & Co. dropped their price objective on shares of GeoPark from $12.00 to $11.00 and set an "overweight" rating for the company in a research note on Wednesday, October 30th. StockNews.com cut GeoPark from a "strong-buy" rating to a "buy" rating in a report on Monday, October 28th.
View Our Latest Stock Report on GPRK
GeoPark Profile
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Free Report)
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.
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