Graham Capital Management L.P. Increases Stake in GeoPark Limited (NYSE:GPRK)

Graham Capital Management L.P. raised its stake in shares of GeoPark Limited (NYSE:GPRK) by 120.2% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 45,120 shares of the oil and gas company’s stock after buying an additional 24,631 shares during the quarter. Graham Capital Management L.P.’s holdings in GeoPark were worth $418,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also added to or reduced their stakes in GPRK. Arrowstreet Capital Limited Partnership boosted its position in shares of GeoPark by 43.2% during the 4th quarter. Arrowstreet Capital Limited Partnership now owns 223,867 shares of the oil and gas company’s stock valued at $2,075,000 after acquiring an additional 67,573 shares during the last quarter. JPMorgan Chase & Co. boosted its position in shares of GeoPark by 55.1% during the 4th quarter. JPMorgan Chase & Co. now owns 339,337 shares of the oil and gas company’s stock valued at $3,146,000 after acquiring an additional 120,518 shares during the last quarter. Invesco Ltd. boosted its position in shares of GeoPark by 7.9% during the 4th quarter. Invesco Ltd. now owns 126,197 shares of the oil and gas company’s stock valued at $1,170,000 after acquiring an additional 9,199 shares during the last quarter. Savant Capital LLC boosted its position in shares of GeoPark by 95.4% during the 4th quarter. Savant Capital LLC now owns 22,119 shares of the oil and gas company’s stock valued at $205,000 after acquiring an additional 10,800 shares during the last quarter. Finally, Annex Advisory Services LLC boosted its position in shares of GeoPark by 25.5% during the 4th quarter. Annex Advisory Services LLC now owns 161,620 shares of the oil and gas company’s stock valued at $1,498,000 after acquiring an additional 32,870 shares during the last quarter. 68.21% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Separately, StockNews.com downgraded GeoPark from a “buy” rating to a “hold” rating in a research report on Sunday, April 27th.

GeoPark Stock Up 3.2%

Shares of GPRK opened at $6.84 on Friday. The company has a market cap of $350.27 million, a PE ratio of 3.47 and a beta of 0.76. The business has a fifty day moving average of $7.05 and a 200 day moving average of $8.51. GeoPark Limited has a 52-week low of $5.66 and a 52-week high of $11.72. The company has a quick ratio of 1.23, a current ratio of 1.28 and a debt-to-equity ratio of 2.53.

GeoPark (NYSE:GPRK) last issued its quarterly earnings results on Wednesday, May 7th. The oil and gas company reported $0.34 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.46 by ($0.12). The company had revenue of $137.30 million during the quarter, compared to the consensus estimate of $126.00 million. GeoPark had a return on equity of 57.93% and a net margin of 14.97%. On average, sell-side analysts expect that GeoPark Limited will post 1.97 EPS for the current year.

GeoPark Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, June 5th. Stockholders of record on Thursday, May 22nd will be given a dividend of $0.147 per share. The ex-dividend date of this dividend is Thursday, May 22nd. This represents a $0.59 annualized dividend and a dividend yield of 8.60%. GeoPark’s dividend payout ratio (DPR) is 38.41%.

GeoPark Company Profile

GeoPark Limited operates as an oil and natural gas exploration and production company primarily in Chile, Colombia, Brazil, Argentina, Ecuador, and other Latin American countries. It engages in the exploration, development, and production of oil and gas reserves. The company was formerly known as GeoPark Holdings Limited and changed its name to GeoPark Limited in July 2013.