Gulfport Energy Corporation $GPOR Shares Sold by Hodges Capital Management Inc.

Hodges Capital Management Inc. lowered its position in Gulfport Energy Corporation (NYSE:GPOR) by 17.8% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 23,960 shares of the company’s stock after selling 5,180 shares during the quarter. Hodges Capital Management Inc. owned about 0.13% of Gulfport Energy worth $5,069,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of GPOR. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in Gulfport Energy by 2.5% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 7,552 shares of the company’s stock valued at $1,391,000 after purchasing an additional 181 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its holdings in shares of Gulfport Energy by 14.8% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 95,749 shares of the company’s stock worth $17,631,000 after buying an additional 12,327 shares during the last quarter. Intech Investment Management LLC increased its holdings in shares of Gulfport Energy by 11.6% during the 1st quarter. Intech Investment Management LLC now owns 6,400 shares of the company’s stock worth $1,178,000 after buying an additional 665 shares during the last quarter. Cetera Investment Advisers raised its position in shares of Gulfport Energy by 16.7% during the 2nd quarter. Cetera Investment Advisers now owns 1,532 shares of the company’s stock valued at $308,000 after buying an additional 219 shares during the period. Finally, Prudential Financial Inc. purchased a new stake in shares of Gulfport Energy during the 2nd quarter valued at approximately $400,000.

Wall Street Analysts Forecast Growth

Several brokerages recently weighed in on GPOR. Weiss Ratings lowered Gulfport Energy from a “buy (b)” rating to a “buy (b-)” rating in a research report on Friday, June 26th. JPMorgan Chase & Co. upped their price target on Gulfport Energy from $228.00 to $229.00 and gave the company an “overweight” rating in a research note on Monday, March 16th. Mizuho upgraded Gulfport Energy from a “neutral” rating to an “outperform” rating and increased their price target for the stock from $251.00 to $252.00 in a report on Wednesday, May 27th. UBS Group reduced their price objective on shares of Gulfport Energy from $260.00 to $245.00 and set a “buy” rating on the stock in a report on Thursday, April 16th. Finally, Bank of America upped their target price on shares of Gulfport Energy from $215.00 to $237.00 and gave the company a “buy” rating in a research report on Thursday, March 19th. One equities research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and six have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $230.22.

Gulfport Energy Stock Down 0.1%

Shares of NYSE GPOR opened at $168.75 on Monday. The company has a quick ratio of 0.56, a current ratio of 0.56 and a debt-to-equity ratio of 0.46. The business’s 50 day moving average is $173.68 and its two-hundred day moving average is $190.48. Gulfport Energy Corporation has a 52-week low of $158.91 and a 52-week high of $225.78. The firm has a market cap of $3.03 billion, a price-to-earnings ratio of 5.77 and a beta of 0.41.

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.