Fort Washington Investment Advisors Inc. OH Buys 20,159 Shares of Gulfport Energy Corporation $GPOR

Fort Washington Investment Advisors Inc. OH increased its stake in Gulfport Energy Corporation (NYSE:GPOR) by 18.5% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 129,048 shares of the company’s stock after buying an additional 20,159 shares during the period. Fort Washington Investment Advisors Inc. OH owned 0.71% of Gulfport Energy worth $27,303,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. Advisory Services Network LLC purchased a new position in shares of Gulfport Energy during the 3rd quarter worth approximately $28,000. Allworth Financial LP lifted its stake in shares of Gulfport Energy by 113.3% in the 4th quarter. Allworth Financial LP now owns 160 shares of the company’s stock valued at $33,000 after purchasing an additional 85 shares during the period. EverSource Wealth Advisors LLC lifted its stake in shares of Gulfport Energy by 364.8% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 251 shares of the company’s stock valued at $50,000 after purchasing an additional 197 shares during the period. Kestra Advisory Services LLC bought a new stake in shares of Gulfport Energy during the fourth quarter valued at approximately $54,000. Finally, Caitong International Asset Management Co. Ltd boosted its position in shares of Gulfport Energy by 866.7% during the fourth quarter. Caitong International Asset Management Co. Ltd now owns 406 shares of the company’s stock valued at $84,000 after purchasing an additional 364 shares in the last quarter.

Insider Transactions at Gulfport Energy

In other Gulfport Energy news, Director Jason Joseph Martinez sold 400 shares of the business’s stock in a transaction on Thursday, April 2nd. The stock was sold at an average price of $213.40, for a total value of $85,360.00. Following the sale, the director directly owned 3,888 shares of the company’s stock, valued at approximately $829,699.20. The trade was a 9.33% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Insiders own 0.70% of the company’s stock.

Gulfport Energy Stock Performance

Shares of GPOR opened at $162.40 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 stock has a market cap of $2.92 billion, a P/E ratio of 5.55 and a beta of 0.41. The business’s 50 day moving average price is $175.90 and its 200-day moving average price is $191.85. Gulfport Energy Corporation has a 52 week low of $158.91 and a 52 week high of $225.78.

Analyst Ratings Changes

A number of research firms have issued reports on GPOR. UBS Group decreased their price objective on Gulfport Energy from $260.00 to $245.00 and set a “buy” rating for the company in a report on Thursday, April 16th. Mizuho upgraded shares of Gulfport Energy from a “neutral” rating to an “outperform” rating and boosted their target price for the company from $251.00 to $252.00 in a report on Wednesday, May 27th. Bank of America upped 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. Weiss Ratings lowered shares of Gulfport Energy from a “buy (b)” rating to a “buy (b-)” rating in a research note on Friday. Finally, JPMorgan Chase & Co. lifted their price target on shares of Gulfport Energy from $228.00 to $229.00 and gave the company an “overweight” rating in a research report on Monday, March 16th. One analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and six have given a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $230.22.

Gulfport Energy Company 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.