Banco BTG Pactual S.A. increased its stake in Geopark Ltd (NYSE:GPRK – Free Report) by 132.4% in the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 185,884 shares of the oil and gas company’s stock after acquiring an additional 105,884 shares during the quarter. Banco BTG Pactual S.A. owned approximately 0.36% of Geopark worth $1,377,000 at the end of the most recent reporting period.
Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Fox Run Management L.L.C. increased its holdings in Geopark by 4.6% in the 4th quarter. Fox Run Management L.L.C. now owns 52,100 shares of the oil and gas company’s stock worth $386,000 after acquiring an additional 2,279 shares in the last quarter. GSA Capital Partners LLP increased its holdings in Geopark by 29.8% in the 4th quarter. GSA Capital Partners LLP now owns 117,393 shares of the oil and gas company’s stock worth $870,000 after acquiring an additional 26,931 shares in the last quarter. Glenorchy Capital Ltd increased its holdings in Geopark by 5.8% in the 4th quarter. Glenorchy Capital Ltd now owns 187,433 shares of the oil and gas company’s stock worth $1,389,000 after acquiring an additional 10,345 shares in the last quarter. UBS Group AG increased its holdings in Geopark by 0.8% in the 4th quarter. UBS Group AG now owns 988,754 shares of the oil and gas company’s stock worth $7,327,000 after acquiring an additional 7,623 shares in the last quarter. Finally, Armstrong Fleming & Moore Inc increased its holdings in Geopark by 3.9% in the 4th quarter. Armstrong Fleming & Moore Inc now owns 223,817 shares of the oil and gas company’s stock worth $1,658,000 after acquiring an additional 8,456 shares in the last quarter. Hedge funds and other institutional investors own 68.21% of the company’s stock.
Geopark Price Performance
Geopark stock opened at $11.05 on Friday. Geopark Ltd has a 52-week low of $5.75 and a 52-week high of $11.87. The firm has a market capitalization of $571.14 million, a price-to-earnings ratio of 10.52 and a beta of 0.36. The company has a fifty day simple moving average of $9.71 and a 200-day simple moving average of $8.70. The company has a quick ratio of 0.96, a current ratio of 1.00 and a debt-to-equity ratio of 1.51.
Geopark Cuts Dividend
The company also recently declared a quarterly dividend, which was paid on Thursday, June 4th. Stockholders of record on Wednesday, May 20th were given a dividend of $0.023 per share. The ex-dividend date of this dividend was Wednesday, May 20th. This represents a $0.09 annualized dividend and a dividend yield of 0.8%. Geopark’s payout ratio is presently 8.57%.
Analyst Ratings Changes
Several equities research analysts recently commented on the stock. Weiss Ratings raised shares of Geopark from a “hold (c-)” rating to a “hold (c)” rating in a report on Tuesday, April 21st. Jefferies Financial Group reissued a “buy” rating and issued a $11.50 price target on shares of Geopark in a report on Thursday, March 5th. Two equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $11.50.
View Our Latest Analysis on GPRK
Insider Buying and Selling at Geopark
In other news, Director James Franklin Park sold 100,000 shares of the business’s stock in a transaction dated Monday, April 20th. The shares were sold at an average price of $8.83, for a total transaction of $883,000.00. Following the transaction, the director owned 912,118 shares of the company’s stock, valued at approximately $8,054,001.94. The trade was a 9.88% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Insiders own 1.50% of the company’s stock.
About Geopark
Geopark Ltd. (NYSE:GPRK) is an independent oil and gas exploration and production company focused on Latin America. Founded in 2002 and with corporate offices in Canada and regional headquarters in Bogotá, Colombia, Geopark pursues the discovery and development of unconventional and conventional hydrocarbon resources. The company’s strategy emphasizes asset consolidation in established basins alongside disciplined capital allocation to maximize production efficiency.
The company’s core operations are centered in Colombia’s Llanos Basin, where it holds interests in several producing blocks that deliver light crude oil to local and export markets.
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