UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Makes New $2.83 Million Investment in GeoPark Limited (NYSE:GPRK)

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC purchased a new position in shares of GeoPark Limited (NYSE:GPRK - Free Report) in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 360,115 shares of the oil and gas company's stock, valued at approximately $2,834,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned about 0.70% of GeoPark at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in GPRK. Employees Retirement System of Texas purchased a new position in GeoPark during the second quarter worth about $34,000. nVerses Capital LLC purchased a new position in shares of GeoPark during the 2nd quarter worth approximately $35,000. Blue Trust Inc. acquired a new stake in GeoPark in the 3rd quarter valued at approximately $38,000. Commonwealth Equity Services LLC purchased a new stake in GeoPark in the second quarter valued at approximately $244,000. Finally, Aristides Capital LLC acquired a new position in GeoPark during the second quarter worth $286,000. Hedge funds and other institutional investors own 68.21% of the company's stock.

GeoPark Stock Down 1.6 %

GPRK stock traded down $0.18 during midday trading on Friday, hitting $10.74. The company's stock had a trading volume of 519,699 shares, compared to its average volume of 423,761. The firm has a 50-day simple moving average of $8.84 and a 200-day simple moving average of $9.25. The firm has a market capitalization of $549.46 million, a P/E ratio of 5.45 and a beta of 1.37. 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 52-week low of $7.24 and a 52-week high of $11.72.

GeoPark (NYSE:GPRK - Get Free Report) last issued its earnings results 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 net margin of 14.97% and a return on equity of 57.93%. The firm had revenue of $159.50 million during the quarter, compared to analyst estimates of $156.99 million. As a group, equities analysts forecast that GeoPark Limited will post 2.56 EPS for the current year.

GeoPark Announces Dividend

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

Wall Street Analysts Forecast Growth

GPRK has been the subject of a number of research reports. StockNews.com cut GeoPark from a "strong-buy" rating to a "buy" rating in a research note on Tuesday. JPMorgan Chase & Co. dropped their target price on GeoPark from $12.00 to $11.00 and set an "overweight" rating for the company in a research report on Wednesday, October 30th.

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.