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

Fort Washington Investment Advisors Inc. OH grew its position in Gulfport Energy Corporation (NYSE:GPOR) by 18.5% in the 1st quarter, Holdings Channel reports. The institutional investor owned 129,048 shares of the company’s stock after purchasing an additional 20,159 shares during the quarter. Fort Washington Investment Advisors Inc. OH’s holdings in Gulfport Energy were worth $27,303,000 as of its most recent SEC filing.

Several other large investors have also bought and sold shares of GPOR. Polymer Capital Management US LLC lifted its stake in shares of Gulfport Energy by 3.8% in the third quarter. Polymer Capital Management US LLC now owns 2,193 shares of the company’s stock worth $397,000 after buying an additional 81 shares in the last quarter. Allworth Financial LP increased its position in shares of Gulfport Energy by 113.3% during the fourth quarter. Allworth Financial LP now owns 160 shares of the company’s stock valued at $33,000 after acquiring an additional 85 shares in the last quarter. Sequoia Financial Advisors LLC raised its holdings in Gulfport Energy by 3.3% in the 4th quarter. Sequoia Financial Advisors LLC now owns 2,959 shares of the company’s stock worth $615,000 after acquiring an additional 94 shares during the last quarter. King Luther Capital Management Corp raised its holdings in Gulfport Energy by 0.4% in the 4th quarter. King Luther Capital Management Corp now owns 23,535 shares of the company’s stock worth $4,895,000 after acquiring an additional 102 shares during the last quarter. Finally, Rafferty Asset Management LLC lifted its position in Gulfport Energy by 0.6% in the 2nd quarter. Rafferty Asset Management LLC now owns 17,836 shares of the company’s stock valued at $3,588,000 after acquiring an additional 108 shares in the last quarter.

Gulfport Energy Trading Down 0.3%

Shares of GPOR stock opened at $162.40 on Monday. Gulfport Energy Corporation has a 12-month low of $158.91 and a 12-month high of $225.78. The company has a current ratio of 0.56, a quick ratio of 0.56 and a debt-to-equity ratio of 0.46. The firm’s 50 day moving average is $175.90 and its 200 day moving average is $191.85. The stock has a market capitalization of $2.92 billion, a P/E ratio of 5.55 and a beta of 0.41.

Insiders Place Their Bets

In other news, Director Jason Joseph Martinez sold 400 shares of the stock in a transaction on Thursday, April 2nd. The stock was sold at an average price of $213.40, for a total transaction of $85,360.00. Following the transaction, the director directly owned 3,888 shares of the company’s stock, valued at $829,699.20. This represents a 9.33% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Corporate insiders own 0.70% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages have commented on GPOR. JPMorgan Chase & Co. increased their target price on Gulfport Energy from $228.00 to $229.00 and gave the company an “overweight” rating in a research note on Monday, March 16th. UBS Group decreased their price target on Gulfport Energy from $260.00 to $245.00 and set a “buy” rating for the company in a research note on Thursday, April 16th. Weiss Ratings cut Gulfport Energy from a “buy (b)” rating to a “buy (b-)” rating in a research report on Friday. Mizuho upgraded Gulfport Energy from a “neutral” rating to an “outperform” rating and lifted their price objective for the stock from $251.00 to $252.00 in a report on Wednesday, May 27th. Finally, Truist Financial decreased their target price on Gulfport Energy from $230.00 to $219.00 and set a “hold” rating for the company in a research report on Friday, May 8th. One research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and six have given a Hold rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $230.22.

Gulfport Energy 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.