R Squared Ltd Makes New $113,000 Investment in Geopark Ltd $GPRK

R Squared Ltd acquired a new position in Geopark Ltd (NYSE:GPRK) during the second quarter, HoldingsChannel reports. The institutional investor acquired 17,256 shares of the oil and gas company’s stock, valued at approximately $113,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Jump Financial LLC grew its holdings in Geopark by 124.0% in the first quarter. Jump Financial LLC now owns 114,839 shares of the oil and gas company’s stock worth $928,000 after purchasing an additional 63,567 shares during the period. Banco BTG Pactual S.A. grew its holdings in Geopark by 326.7% in the first quarter. Banco BTG Pactual S.A. now owns 64,000 shares of the oil and gas company’s stock worth $517,000 after purchasing an additional 49,000 shares during the period. Cambridge Investment Research Advisors Inc. purchased a new stake in Geopark in the first quarter worth about $99,000. Goldman Sachs Group Inc. grew its holdings in Geopark by 94.2% in the first quarter. Goldman Sachs Group Inc. now owns 365,825 shares of the oil and gas company’s stock worth $2,956,000 after purchasing an additional 177,496 shares during the period. Finally, Graham Capital Management L.P. grew its holdings in Geopark by 143.4% in the first quarter. Graham Capital Management L.P. now owns 109,830 shares of the oil and gas company’s stock worth $887,000 after purchasing an additional 64,710 shares during the period. Hedge funds and other institutional investors own 68.21% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts have weighed in on GPRK shares. Santander initiated coverage on shares of Geopark in a report on Friday, August 29th. They issued an “outperform” rating on the stock. Weiss Ratings reiterated a “hold (c-)” rating on shares of Geopark in a research note on Saturday. Finally, Wall Street Zen upgraded shares of Geopark from a “sell” rating to a “hold” rating in a research note on Friday, September 5th. Two analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $11.00.

Geopark Trading Down 4.1%

Shares of NYSE GPRK opened at $6.82 on Monday. The firm’s 50 day moving average price is $6.41 and its 200-day moving average price is $6.66. The company has a market cap of $349.47 million, a PE ratio of 8.22 and a beta of 0.76. Geopark Ltd has a 52-week low of $5.66 and a 52-week high of $11.72. The company has a debt-to-equity ratio of 2.92, a quick ratio of 2.42 and a current ratio of 2.47.

Geopark (NYSE:GPRK) last issued its quarterly earnings data on Tuesday, August 5th. The oil and gas company reported $0.27 earnings per share for the quarter, beating analysts’ consensus estimates of $0.15 by $0.12. The company had revenue of $119.80 million for the quarter, compared to the consensus estimate of $123.00 million. Geopark had a net margin of 7.70% and a return on equity of 35.65%. On average, equities research analysts expect that Geopark Ltd will post 1.97 EPS for the current fiscal year.

Geopark Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, September 4th. Investors of record on Tuesday, August 19th were given a dividend of $0.147 per share. The ex-dividend date was Tuesday, August 19th. This represents a $0.59 dividend on an annualized basis and a yield of 8.6%. Geopark’s dividend payout ratio is 71.08%.

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.