Nations Financial Group Inc. IA ADV acquired a new stake in Geopark Ltd (NYSE:GPRK – Free Report) during the first quarter, according to its most recent 13F filing with the SEC. The fund acquired 72,260 shares of the oil and gas company’s stock, valued at approximately $686,000. Nations Financial Group Inc. IA ADV owned 0.14% of Geopark as of its most recent filing with the SEC.
Several other institutional investors have also added to or reduced their stakes in GPRK. Caitong International Asset Management Co. Ltd increased its stake in shares of Geopark by 86.1% in the fourth quarter. Caitong International Asset Management Co. Ltd now owns 6,775 shares of the oil and gas company’s stock worth $50,000 after purchasing an additional 3,134 shares in the last quarter. StoneX Group Inc. purchased a new stake in shares of Geopark during the 4th quarter valued at approximately $101,000. PharVision Advisers LLC bought a new position in Geopark in the 3rd quarter worth approximately $117,000. Graham Capital Management L.P. purchased a new position in Geopark in the 4th quarter valued at approximately $139,000. Finally, Osaic Holdings Inc. raised its holdings in Geopark by 2,588.2% during the 4th quarter. Osaic Holdings Inc. now owns 19,113 shares of the oil and gas company’s stock valued at $142,000 after acquiring an additional 18,402 shares during the period. 68.21% of the stock is owned by hedge funds and other institutional investors.
Wall Street Analyst Weigh In
GPRK has been the subject of a number of analyst reports. Jefferies Financial Group reaffirmed a “buy” rating and issued a $11.50 price target on shares of Geopark in a report on Thursday, March 5th. Weiss Ratings upgraded Geopark from a “hold (c-)” rating to a “hold (c)” rating in a research note on Tuesday, April 21st. Two 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, the stock has a consensus rating of “Moderate Buy” and an average target price of $11.50.
Geopark Price Performance
Shares of NYSE:GPRK opened at $9.22 on Thursday. The company has a 50 day moving average of $9.94 and a 200 day moving average of $8.83. The stock has a market cap of $476.77 million, a P/E ratio of 8.78 and a beta of 0.36. Geopark Ltd has a 12 month low of $5.75 and a 12 month high of $11.87. The company has a current ratio of 1.00, a quick ratio of 0.96 and a debt-to-equity ratio of 1.51.
Geopark (NYSE:GPRK – Get Free Report) last posted its earnings results on Wednesday, May 6th. The oil and gas company reported $0.36 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.23 by $0.13. Geopark had a net margin of 11.74% and a return on equity of 36.71%. The business had revenue of $128.40 million for the quarter, compared to analysts’ expectations of $140.00 million.
Geopark Cuts Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Thursday, June 4th. Investors of record on Wednesday, May 20th were paid 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 yield of 1.0%. Geopark’s dividend payout ratio (DPR) is currently 8.57%.
Insider Transactions at Geopark
In related news, Director James Franklin Park sold 100,000 shares of Geopark stock in a transaction on Monday, April 20th. The stock was sold at an average price of $8.83, for a total transaction of $883,000.00. Following the completion of the sale, the director owned 912,118 shares of the company’s stock, valued at approximately $8,054,001.94. This trade represents a 9.88% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 1.50% of the company’s stock.
Geopark Profile
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.
Featured Articles
- Five stocks we like better than Geopark
- Why KB Home Could Reward Patient Investors Later
- Meta’s Internal Turmoil: Morale Nears 20-Year Low at the Wrong Time
- Tesla’s New NHTSA Probe Lands at the Worst Possible Time
- Nano Nuclear’s AI Data Center Deal Puts the Stock Back in Focus
Want to see what other hedge funds are holding GPRK? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Geopark Ltd (NYSE:GPRK – Free Report).
Receive News & Ratings for Geopark Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Geopark and related companies with MarketBeat.com's FREE daily email newsletter.
