Nations Financial Group Inc. IA ADV Buys New Position in Geopark Ltd $GPRK

Nations Financial Group Inc. IA ADV bought a new stake in shares of Geopark Ltd (NYSE:GPRK) in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The fund bought 72,260 shares of the oil and gas company’s stock, valued at approximately $686,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Caitong International Asset Management Co. Ltd increased its holdings in shares of Geopark by 86.1% in the 4th quarter. Caitong International Asset Management Co. Ltd now owns 6,775 shares of the oil and gas company’s stock worth $50,000 after buying an additional 3,134 shares during the last quarter. StoneX Group Inc. bought a new stake in shares of Geopark during the 4th quarter worth $101,000. PharVision Advisers LLC bought a new stake in shares of Geopark during the 3rd quarter worth $117,000. Graham Capital Management L.P. purchased a new position in Geopark in the fourth quarter worth $139,000. Finally, Osaic Holdings Inc. grew its position in Geopark by 2,588.2% in the fourth quarter. Osaic Holdings Inc. now owns 19,113 shares of the oil and gas company’s stock worth $142,000 after acquiring an additional 18,402 shares in the last quarter. Hedge funds and other institutional investors own 68.21% of the company’s stock.

Insider Transactions at Geopark

In other Geopark news, Director James Franklin Park sold 100,000 shares of the company’s stock in a transaction dated Monday, April 20th. The shares were sold at an average price of $8.83, for a total transaction of $883,000.00. Following the completion of the sale, the director directly owned 912,118 shares in the company, valued at $8,054,001.94. This represents a 9.88% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. 1.50% of the stock is currently owned by insiders.

Geopark Trading Down 4.7%

GPRK stock opened at $9.22 on Thursday. The company has a market capitalization of $476.77 million, a PE ratio of 8.78 and a beta of 0.36. The company has a debt-to-equity ratio of 1.51, a quick ratio of 0.96 and a current ratio of 1.00. Geopark Ltd has a one year low of $5.75 and a one year high of $11.87. The company’s 50 day moving average price is $9.94 and its two-hundred day moving average price is $8.83.

Geopark (NYSE:GPRK) last announced its quarterly earnings data on Wednesday, May 6th. The oil and gas company reported $0.36 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.23 by $0.13. Geopark had a net margin of 11.74% and a return on equity of 36.71%. The company had revenue of $128.40 million during the quarter, compared to analysts’ expectations of $140.00 million.

Geopark Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, June 4th. Shareholders of record on Wednesday, May 20th were paid a $0.023 dividend. The ex-dividend date of this dividend was Wednesday, May 20th. This represents a $0.09 annualized dividend and a yield of 1.0%. Geopark’s payout ratio is currently 8.57%.

Analysts Set New Price Targets

GPRK has been the topic of a number of research reports. Weiss Ratings upgraded Geopark from a “hold (c-)” rating to a “hold (c)” rating in a research report on Tuesday, April 21st. Jefferies Financial Group reiterated a “buy” rating and issued a $11.50 price objective on shares of Geopark in a report on Thursday, March 5th. Two investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $11.50.

About Geopark

Geopark Ltd. (NYSE:GPRK) is an independent oil and gas exploration and production company focused on Latin America. Founded in 2002 and with corporate offices in Canada and regional headquarters in Bogotá, Colombia, Geopark pursues the discovery and development of unconventional and conventional hydrocarbon resources. The company’s strategy emphasizes asset consolidation in established basins alongside disciplined capital allocation to maximize production efficiency.

The company’s core operations are centered in Colombia’s Llanos Basin, where it holds interests in several producing blocks that deliver light crude oil to local and export markets.