BW Gestao de Investimentos Ltda. Has $2.45 Million Stake in Gulfport Energy Corporation $GPOR

BW Gestao de Investimentos Ltda. increased its position in Gulfport Energy Corporation (NYSE:GPOR) by 173.7% in the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 11,800 shares of the company’s stock after purchasing an additional 7,489 shares during the period. BW Gestao de Investimentos Ltda. owned about 0.06% of Gulfport Energy worth $2,454,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Advisory Services Network LLC acquired a new position in Gulfport Energy in the 3rd quarter worth approximately $28,000. Allworth Financial LP boosted its stake in Gulfport Energy by 113.3% in the 4th quarter. Allworth Financial LP now owns 160 shares of the company’s stock worth $33,000 after purchasing an additional 85 shares during the period. Federated Hermes Inc. lifted its position in Gulfport Energy by 133.7% in the 3rd quarter. Federated Hermes Inc. now owns 222 shares of the company’s stock worth $40,000 after buying an additional 127 shares in the last quarter. EverSource Wealth Advisors LLC lifted its position in Gulfport Energy by 364.8% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 251 shares of the company’s stock worth $50,000 after buying an additional 197 shares in the last quarter. Finally, SBI Okasan Asset Management Co.Ltd. purchased a new stake in Gulfport Energy in the 4th quarter worth approximately $150,000.

Analyst Ratings Changes

GPOR has been the subject of a number of research analyst reports. JPMorgan Chase & Co. increased their target price on shares of Gulfport Energy from $228.00 to $229.00 and gave the stock an “overweight” rating in a research report on Monday, March 16th. Mizuho upgraded shares of Gulfport Energy from a “neutral” rating to an “outperform” rating and increased their target price for the stock from $251.00 to $252.00 in a research report on Wednesday, May 27th. Bank of America increased their target price on shares of Gulfport Energy from $215.00 to $237.00 and gave the stock a “buy” rating in a research report on Thursday, March 19th. TD Cowen upgraded shares of Gulfport Energy to a “strong-buy” rating in a research report on Monday, February 9th. Finally, UBS Group cut their target price on shares of Gulfport Energy from $260.00 to $245.00 and set a “buy” rating for the company in a research report on Thursday, April 16th. One research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and six have issued a Hold rating to the company’s stock. According to MarketBeat.com, Gulfport Energy presently has an average rating of “Moderate Buy” and a consensus price target of $230.22.

Insider Buying and Selling at Gulfport Energy

In other news, Director Jason Joseph Martinez sold 400 shares of the firm’s stock in a transaction on Thursday, April 2nd. The shares were sold at an average price of $213.40, for a total transaction of $85,360.00. Following the transaction, the director owned 3,888 shares in the company, valued at approximately $829,699.20. This trade represents a 9.33% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Corporate insiders own 0.70% of the company’s stock.

Gulfport Energy Stock Down 0.4%

Gulfport Energy stock opened at $167.78 on Wednesday. The company has a market capitalization of $3.02 billion, a P/E ratio of 5.73 and a beta of 0.41. The firm’s fifty day simple moving average is $191.80 and its 200-day simple moving average is $198.38. The company has a current ratio of 0.56, a quick ratio of 0.56 and a debt-to-equity ratio of 0.46. Gulfport Energy Corporation has a 1-year low of $160.95 and a 1-year high of $225.78.

Gulfport Energy Profile

Gulfport Energy Corporation is an independent oil and gas exploration and production company based in Oklahoma City, Oklahoma. The company focuses on the development of onshore natural gas, natural gas liquids (NGLs) and crude oil properties in the United States. Gulfport utilizes horizontal drilling and multi-stage hydraulic fracturing techniques to maximize production and enhance recovery from its resource plays.

The company’s primary operations are concentrated in two major U.S. resource basins.