GeoPark Limited (NYSE:GPRK) Sees Significant Drop in Short Interest

GeoPark Limited (NYSE:GPRKGet Free Report) saw a significant decrease in short interest in April. As of April 30th, there was short interest totalling 375,200 shares, a decrease of 10.1% from the April 15th total of 417,200 shares. Approximately 1.0% of the company’s stock are short sold. Based on an average daily volume of 472,100 shares, the short-interest ratio is currently 0.8 days.

Wall Street Analyst Weigh In

Several research analysts recently weighed in on the company. Canaccord Genuity Group reissued a “buy” rating and set a $14.00 price target on shares of GeoPark in a research report on Friday, April 12th. raised shares of GeoPark from a “buy” rating to a “strong-buy” rating in a research report on Friday, April 5th. Finally, JPMorgan Chase & Co. lowered their price objective on shares of GeoPark from $12.00 to $11.00 and set an “overweight” rating on the stock in a research report on Tuesday, February 20th. Three equities research analysts have rated the stock with a buy rating and one has issued a strong buy rating to the stock. According to, the stock currently has a consensus rating of “Buy” and an average target price of $13.17.

Get Our Latest Stock Analysis on GeoPark

GeoPark Stock Up 1.8 %

GPRK opened at $9.79 on Wednesday. The company has a market capitalization of $541.40 million, a PE ratio of 5.02 and a beta of 1.31. The company has a debt-to-equity ratio of 2.77, a current ratio of 1.17 and a quick ratio of 1.11. GeoPark has a fifty-two week low of $8.05 and a fifty-two week high of $10.95. The business has a 50-day moving average of $9.54 and a 200-day moving average of $9.12.

GeoPark (NYSE:GPRKGet Free Report) last issued its quarterly earnings data on Wednesday, March 6th. The oil and gas company reported $0.47 earnings per share for the quarter, missing the consensus estimate of $0.64 by ($0.17). The business had revenue of $199.70 million for the quarter, compared to the consensus estimate of $212.54 million. GeoPark had a net margin of 14.69% and a return on equity of 79.78%. Equities research analysts forecast that GeoPark will post 3.16 EPS for the current fiscal year.

GeoPark Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, March 28th. Investors of record on Wednesday, March 20th were paid a $0.136 dividend. This represents a $0.54 annualized dividend and a dividend yield of 5.56%. The ex-dividend date of this dividend was Tuesday, March 19th. This is a positive change from GeoPark’s previous quarterly dividend of $0.13. GeoPark’s payout ratio is presently 27.69%.

Hedge Funds Weigh In On GeoPark

Hedge funds have recently bought and sold shares of the business. NBC Securities Inc. boosted its stake in shares of GeoPark by 480.0% during the 4th quarter. NBC Securities Inc. now owns 5,800 shares of the oil and gas company’s stock worth $49,000 after acquiring an additional 4,800 shares in the last quarter. Quantbot Technologies LP acquired a new position in GeoPark during the third quarter valued at approximately $154,000. Vaughan Nelson Investment Management L.P. raised its position in shares of GeoPark by 59.1% in the fourth quarter. Vaughan Nelson Investment Management L.P. now owns 27,260 shares of the oil and gas company’s stock valued at $234,000 after purchasing an additional 10,125 shares during the period. Dynamic Technology Lab Private Ltd lifted its stake in shares of GeoPark by 146.7% in the fourth quarter. Dynamic Technology Lab Private Ltd now owns 27,798 shares of the oil and gas company’s stock worth $238,000 after buying an additional 16,532 shares during the last quarter. Finally, WINTON GROUP Ltd boosted its holdings in shares of GeoPark by 86.9% during the 3rd quarter. WINTON GROUP Ltd now owns 29,124 shares of the oil and gas company’s stock worth $299,000 after buying an additional 13,538 shares during the period. 68.21% of the stock is owned by institutional investors and hedge funds.

About GeoPark

(Get Free Report)

GeoPark Limited engages in the exploration, development, and production of oil and gas reserves in Chile, Colombia, Brazil, Argentina, and Ecuador. GeoPark Limited has a strategic partnership with ONGC Videsh to jointly acquire, invest in, and create value from upstream oil and gas projects across Latin America.

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