GeoPark (NYSE:GPRK) Downgraded by TheStreet to C+

TheStreet lowered shares of GeoPark (NYSE:GPRK) from a b rating to a c+ rating in a research note issued to investors on Monday morning, TheStreetRatingsTable reports.

Several other analysts have also recently issued reports on GPRK. Itau BBA Securities upgraded shares of GeoPark from a market perform rating to an outperform rating and set a $23.00 target price on the stock in a research note on Thursday, February 13th. Zacks Investment Research cut shares of GeoPark from a hold rating to a strong sell rating in a research note on Wednesday, November 13th. Itau Unibanco upgraded shares of GeoPark to a buy rating and set a $23.00 target price on the stock in a research note on Thursday, February 13th. Finally, ValuEngine upgraded shares of GeoPark from a sell rating to a hold rating in a research note on Tuesday, February 18th. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating and three have assigned a buy rating to the stock. The stock presently has an average rating of Hold and an average price target of $24.00.

NYSE GPRK opened at $16.45 on Monday. GeoPark has a 1 year low of $14.01 and a 1 year high of $22.62. The company has a debt-to-equity ratio of 3.27, a current ratio of 1.06 and a quick ratio of 1.00. The stock has a market capitalization of $1.05 billion, a PE ratio of 11.08 and a beta of 0.56. The company’s 50 day simple moving average is $19.35 and its two-hundred day simple moving average is $18.92.

Several institutional investors have recently bought and sold shares of GPRK. California Public Employees Retirement System raised its position in shares of GeoPark by 10.4% during the 3rd quarter. California Public Employees Retirement System now owns 175,405 shares of the oil and gas company’s stock valued at $3,229,000 after buying an additional 16,498 shares in the last quarter. Boston Partners raised its position in shares of GeoPark by 8.3% during the 3rd quarter. Boston Partners now owns 62,038 shares of the oil and gas company’s stock valued at $1,142,000 after buying an additional 4,757 shares in the last quarter. Barclays PLC raised its position in shares of GeoPark by 77.3% during the 3rd quarter. Barclays PLC now owns 25,691 shares of the oil and gas company’s stock valued at $473,000 after buying an additional 11,202 shares in the last quarter. Gilder Gagnon Howe & Co. LLC raised its position in shares of GeoPark by 92.9% during the 3rd quarter. Gilder Gagnon Howe & Co. LLC now owns 426,646 shares of the oil and gas company’s stock valued at $7,855,000 after buying an additional 205,452 shares in the last quarter. Finally, Toth Financial Advisory Corp purchased a new stake in shares of GeoPark during the 4th quarter valued at $57,000. Hedge funds and other institutional investors own 36.97% of the company’s stock.

About GeoPark

GeoPark Limited engages in the exploration, development, and production of oil and gas reserves in Chile, Colombia, Brazil, Peru, Argentina, and Ecuador. As of December 31, 2017, the company had working and/or economic interests in 24 hydrocarbons blocks, as well as shallow-offshore concession in Brazil that includes the Manati Field.

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