GeoPark Limited (NYSE:GPRK) Shares Sold by Quadrature Capital Ltd

Quadrature Capital Ltd lowered its position in GeoPark Limited (NYSE:GPRK - Free Report) by 84.3% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 11,139 shares of the oil and gas company's stock after selling 59,973 shares during the quarter. Quadrature Capital Ltd's holdings in GeoPark were worth $88,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC acquired a new position in shares of GeoPark in the 3rd quarter valued at approximately $2,834,000. Dynamic Technology Lab Private Ltd bought a new stake in shares of GeoPark in the third quarter worth $294,000. GSA Capital Partners LLP raised its holdings in GeoPark by 61.7% in the third quarter. GSA Capital Partners LLP now owns 216,084 shares of the oil and gas company's stock valued at $1,701,000 after acquiring an additional 82,459 shares in the last quarter. Principal Financial Group Inc. boosted its stake in GeoPark by 77.4% during the 3rd quarter. Principal Financial Group Inc. now owns 366,380 shares of the oil and gas company's stock valued at $2,883,000 after acquiring an additional 159,861 shares during the last quarter. Finally, Deltec Asset Management LLC grew its holdings in GeoPark by 997.3% during the 3rd quarter. Deltec Asset Management LLC now owns 131,678 shares of the oil and gas company's stock worth $1,036,000 after acquiring an additional 119,678 shares in the last quarter. 68.21% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several brokerages have recently commented on GPRK. StockNews.com cut shares of GeoPark from a "strong-buy" rating to a "buy" rating in a research report on Tuesday. JPMorgan Chase & Co. reduced their target price on GeoPark from $12.00 to $11.00 and set an "overweight" rating on the stock in a report on Wednesday, October 30th.

GeoPark Stock Performance

Shares of NYSE:GPRK traded down $0.18 on Friday, reaching $10.74. 519,598 shares of the company's stock were exchanged, compared to its average volume of 423,761. The business's 50-day moving average is $8.79 and its two-hundred day moving average is $9.25. 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 Limited has a fifty-two week low of $7.24 and a fifty-two week high of $11.72. The firm has a market capitalization of $549.46 million, a price-to-earnings ratio of 5.45 and a beta of 1.37.

GeoPark (NYSE:GPRK - Get Free Report) last released its quarterly earnings data on Wednesday, November 6th. The oil and gas company reported $0.48 earnings per share for the quarter, missing the consensus estimate of $0.59 by ($0.11). GeoPark had a return on equity of 57.93% and a net margin of 14.97%. The business had revenue of $159.50 million for the quarter, compared to analyst estimates of $156.99 million. As a group, equities research analysts forecast that GeoPark Limited will post 2.56 EPS for the current year.

GeoPark Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, December 6th. Investors of record on Thursday, November 21st were given a dividend of $0.147 per share. The ex-dividend date of this dividend was Thursday, November 21st. This represents a $0.59 dividend on an annualized basis and a yield of 5.47%. GeoPark's dividend payout ratio is currently 29.95%.

GeoPark Profile

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.