Teacher Retirement System of Texas raised its stake in shares of Gulfport Energy Corp. (NASDAQ:GPOR) by 64.7% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 462,653 shares of the company’s stock after buying an additional 181,718 shares during the period. Teacher Retirement System of Texas’ holdings in Gulfport Energy Corp. were worth $13,070,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of GPOR. PNC Financial Services Group Inc. boosted its position in Gulfport Energy Corp. by 0.8% in the third quarter. PNC Financial Services Group Inc. now owns 17,960 shares of the company’s stock valued at $508,000 after buying an additional 140 shares in the last quarter. State Treasurer State of Michigan boosted its position in Gulfport Energy Corp. by 0.4% in the third quarter. State Treasurer State of Michigan now owns 50,500 shares of the company’s stock valued at $1,427,000 after buying an additional 200 shares in the last quarter. Massachusetts Financial Services Co. MA boosted its position in Gulfport Energy Corp. by 2.6% in the second quarter. Massachusetts Financial Services Co. MA now owns 11,834 shares of the company’s stock valued at $370,000 after buying an additional 299 shares in the last quarter. IndexIQ Advisors LLC boosted its position in Gulfport Energy Corp. by 7.5% in the second quarter. IndexIQ Advisors LLC now owns 4,901 shares of the company’s stock valued at $153,000 after buying an additional 344 shares in the last quarter. Finally, Nuveen Asset Management LLC boosted its position in Gulfport Energy Corp. by 0.5% in the second quarter. Nuveen Asset Management LLC now owns 75,006 shares of the company’s stock valued at $2,345,000 after buying an additional 376 shares in the last quarter.

Institutional Ownership by Quarter for Gulfport Energy Corp. (NASDAQ:GPOR)

Shares of Gulfport Energy Corp. (NASDAQ:GPOR) traded up 0.31% during mid-day trading on Tuesday, hitting $25.68. The stock had a trading volume of 1,079,682 shares. The firm’s market cap is $3.22 billion. The firm has a 50 day moving average price of $25.69 and a 200 day moving average price of $28.50. Gulfport Energy Corp. has a 52-week low of $20.21 and a 52-week high of $34.67.

Gulfport Energy Corp. (NASDAQ:GPOR) last announced its quarterly earnings data on Wednesday, November 2nd. The company reported $0.16 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.10 by $0.06. The business had revenue of $193.70 million for the quarter, compared to analysts’ expectations of $170.57 million. Gulfport Energy Corp. had a positive return on equity of 3.30% and a negative net margin of 216.29%. The company’s revenue for the quarter was down 16.0% compared to the same quarter last year. During the same period last year, the firm earned ($0.08) earnings per share. Equities analysts predict that Gulfport Energy Corp. will post $0.74 EPS for the current year.

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Several research firms have weighed in on GPOR. Credit Suisse Group AG restated a “buy” rating and set a $37.00 price target on shares of Gulfport Energy Corp. in a report on Friday, November 11th. Canaccord Genuity set a $33.00 price target on Gulfport Energy Corp. and gave the company a “buy” rating in a report on Wednesday, November 2nd. Zacks Investment Research cut Gulfport Energy Corp. from a “buy” rating to a “hold” rating in a report on Wednesday, November 2nd. Goldman Sachs Group Inc. upgraded Gulfport Energy Corp. to a “buy” rating and set a $35.00 price target for the company in a report on Monday, October 24th. Finally, Tudor Pickering cut Gulfport Energy Corp. from a “buy” rating to a “hold” rating in a report on Monday, October 24th. Ten analysts have rated the stock with a hold rating and twenty-three have issued a buy rating to the stock. The stock presently has an average rating of “Buy” and an average target price of $34.54.

Gulfport Energy Corp. Company Profile

Gulfport Energy Corporation (Gulfport) is an independent oil and natural gas exploration and production company focused on the exploration, exploitation, acquisition and production of natural gas, natural gas liquids and crude oil in the United States. The Company has an oil and natural gas portfolio of proved reserves, as well as development and exploratory drilling opportunities on conventional and unconventional oil and natural gas prospects.

5 Day Chart for NASDAQ:GPOR

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