Trexquant Investment LP Decreases Stock Holdings in GeoPark Limited (NYSE:GPRK)

Trexquant Investment LP reduced its holdings in GeoPark Limited (NYSE:GPRK - Free Report) by 27.1% during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 208,092 shares of the oil and gas company's stock after selling 77,445 shares during the quarter. Trexquant Investment LP owned 0.41% of GeoPark worth $1,929,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of GPRK. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC bought a new position in shares of GeoPark in the third quarter worth approximately $2,834,000. Principal Financial Group Inc. grew its stake in GeoPark by 77.4% in the 3rd quarter. Principal Financial Group Inc. now owns 366,380 shares of the oil and gas company's stock worth $2,883,000 after buying an additional 159,861 shares in the last quarter. JPMorgan Chase & Co. increased its holdings in shares of 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 buying an additional 120,518 shares during the last quarter. Arrowstreet Capital Limited Partnership raised its position in shares of GeoPark by 43.2% during the 4th quarter. Arrowstreet Capital Limited Partnership now owns 223,867 shares of the oil and gas company's stock valued at $2,075,000 after buying an additional 67,573 shares in the last quarter. Finally, Quantbot Technologies LP raised its position in shares of GeoPark by 1,274.7% during the 4th quarter. Quantbot Technologies LP now owns 56,210 shares of the oil and gas company's stock valued at $521,000 after buying an additional 52,121 shares in the last quarter. Hedge funds and other institutional investors own 68.21% of the company's stock.

Remove Ads

Analyst Ratings Changes

Separately, StockNews.com cut GeoPark from a "buy" rating to a "hold" rating in a research note on Friday.

GeoPark Price Performance

Shares of NYSE GPRK traded up $0.26 during trading hours on Monday, reaching $6.71. 257,918 shares of the stock traded hands, compared to its average volume of 537,244. 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 market capitalization of $343.61 million, a P/E ratio of 3.40 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 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 posted its quarterly earnings results on Wednesday, March 5th. The oil and gas company reported $0.30 EPS for the quarter, missing the consensus estimate of $0.73 by ($0.43). GeoPark had a return on equity of 57.93% and a net margin of 14.97%. The business 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. Shareholders of record on Wednesday, March 19th were given a dividend of $0.147 per share. The ex-dividend date was Wednesday, March 19th. This represents a $0.59 annualized dividend and a yield of 8.77%. GeoPark's payout ratio is 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.