Stoneridge Investment Partners LLC bought a new position in shares of Gulfport Energy Corporation (NASDAQ:GPOR) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 14,517 shares of the oil and gas producer’s stock, valued at approximately $214,000.

Other large investors have also recently modified their holdings of the company. BlackRock Inc. boosted its stake in shares of Gulfport Energy Corporation by 13,258.8% in the first quarter. BlackRock Inc. now owns 22,591,500 shares of the oil and gas producer’s stock worth $388,348,000 after buying an additional 22,422,387 shares during the last quarter. Vanguard Group Inc. boosted its stake in shares of Gulfport Energy Corporation by 4.7% in the first quarter. Vanguard Group Inc. now owns 12,487,255 shares of the oil and gas producer’s stock worth $214,656,000 after buying an additional 559,602 shares during the last quarter. State Street Corp boosted its stake in shares of Gulfport Energy Corporation by 27.4% in the first quarter. State Street Corp now owns 6,463,912 shares of the oil and gas producer’s stock worth $111,114,000 after buying an additional 1,389,369 shares during the last quarter. UBS Oconnor LLC boosted its stake in shares of Gulfport Energy Corporation by 19.3% in the first quarter. UBS Oconnor LLC now owns 4,095,679 shares of the oil and gas producer’s stock worth $70,405,000 after buying an additional 661,485 shares during the last quarter. Finally, Snow Capital Management LP purchased a new stake in shares of Gulfport Energy Corporation during the first quarter worth about $54,535,000. 88.47% of the stock is currently owned by institutional investors.

Gulfport Energy Corporation (GPOR) opened at 11.90 on Friday. The stock’s 50 day moving average is $13.35 and its 200 day moving average is $15.97. The company’s market capitalization is $2.18 billion. Gulfport Energy Corporation has a one year low of $10.90 and a one year high of $30.47.

Gulfport Energy Corporation (NASDAQ:GPOR) last posted its quarterly earnings results on Tuesday, August 8th. The oil and gas producer reported $0.33 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.25 by $0.08. Gulfport Energy Corporation had a negative net margin of 15.02% and a positive return on equity of 7.42%. The company had revenue of $323.90 million for the quarter, compared to analyst estimates of $279.59 million. During the same quarter in the previous year, the firm posted $0.24 earnings per share. The company’s quarterly revenue was up 1052.7% compared to the same quarter last year. On average, analysts anticipate that Gulfport Energy Corporation will post $1.34 earnings per share for the current fiscal year.

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A number of equities research analysts have recently issued reports on GPOR shares. KLR Group reaffirmed a “buy” rating and issued a $22.00 target price (down from $23.00) on shares of Gulfport Energy Corporation in a report on Wednesday, May 17th. ValuEngine cut shares of Gulfport Energy Corporation from a “buy” rating to a “hold” rating in a report on Friday, June 2nd. BidaskClub raised shares of Gulfport Energy Corporation from a “sell” rating to a “hold” rating in a report on Saturday. Williams Capital set a $21.00 target price on shares of Gulfport Energy Corporation and gave the company a “buy” rating in a report on Monday, July 31st. Finally, Jefferies Group LLC reaffirmed a “buy” rating and issued a $20.00 target price on shares of Gulfport Energy Corporation in a report on Wednesday, May 17th. One investment analyst has rated the stock with a sell rating, eight have given a hold rating and twenty have assigned a buy rating to the company’s stock. Gulfport Energy Corporation has a consensus rating of “Buy” and a consensus price target of $25.91.

Gulfport Energy Corporation Company Profile

Gulfport Energy Corporation is an oil and natural gas exploration and production company. The Company focuses on the exploitation and acquisition of natural gas, natural gas liquids and crude oil in the United States. The Company’s properties are located in the Utica Shale in Eastern Ohio and along the Louisiana Gulf Coast in the West Cote Blanche Bay (WCBB) and Hackberry fields.

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

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