Federated Investors Inc. PA trimmed its position in Gulfport Energy Corporation (NASDAQ:GPOR) by 46.1% in the second quarter, according to its most recent disclosure with the SEC. The institutional investor owned 46,889 shares of the oil and gas producer’s stock after selling 40,048 shares during the period. Federated Investors Inc. PA’s holdings in Gulfport Energy Corporation were worth $692,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of GPOR. Zurcher Kantonalbank Zurich Cantonalbank grew its stake in Gulfport Energy Corporation by 54.9% in the first quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 6,044 shares of the oil and gas producer’s stock worth $104,000 after purchasing an additional 2,143 shares in the last quarter. Elkfork Partners LLC grew its stake in Gulfport Energy Corporation by 38.4% in the first quarter. Elkfork Partners LLC now owns 6,666 shares of the oil and gas producer’s stock worth $115,000 after purchasing an additional 1,848 shares in the last quarter. Meadow Creek Investment Management LLC grew its stake in Gulfport Energy Corporation by 38.4% in the first quarter. Meadow Creek Investment Management LLC now owns 8,484 shares of the oil and gas producer’s stock worth $146,000 after purchasing an additional 2,352 shares in the last quarter. World Asset Management Inc acquired a new position in Gulfport Energy Corporation in the second quarter worth about $150,000. Finally, LS Investment Advisors LLC grew its stake in Gulfport Energy Corporation by 20.5% in the first quarter. LS Investment Advisors LLC now owns 10,285 shares of the oil and gas producer’s stock worth $177,000 after purchasing an additional 1,747 shares in the last quarter. Institutional investors and hedge funds own 86.65% of the company’s stock.

A number of research firms recently commented on GPOR. Piper Jaffray Companies decreased their price target on Gulfport Energy Corporation from $21.00 to $18.00 and set an “overweight” rating for the company in a research note on Monday. Jefferies Group LLC set a $20.00 price target on Gulfport Energy Corporation and gave the stock a “buy” rating in a research note on Tuesday, August 29th. Stifel Nicolaus decreased their price target on Gulfport Energy Corporation from $21.00 to $18.00 and set a “buy” rating for the company in a research note on Monday, August 14th. BidaskClub upgraded Gulfport Energy Corporation from a “sell” rating to a “hold” rating in a research note on Saturday, August 12th. Finally, Williams Capital set a $21.00 target price on Gulfport Energy Corporation and gave the company a “buy” rating in a research note on Wednesday, August 9th. One equities research analyst has rated the stock with a sell rating, eight have issued a hold rating and nineteen have assigned a buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and an average target price of $25.00.

Shares of Gulfport Energy Corporation (NASDAQ GPOR) opened at 13.47 on Tuesday. Gulfport Energy Corporation has a one year low of $10.90 and a one year high of $30.47. The company’s 50-day moving average price is $12.25 and its 200 day moving average price is $14.54. The company’s market cap is $2.46 billion.

Gulfport Energy Corporation (NASDAQ:GPOR) last announced its earnings results on Tuesday, August 8th. The oil and gas producer reported $0.33 earnings per share (EPS) for the quarter, topping the Zacks’ 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 period in the prior year, the business earned $0.24 earnings per share. Gulfport Energy Corporation’s quarterly revenue was up 1052.7% on a year-over-year basis. Equities analysts forecast that Gulfport Energy Corporation will post $1.41 EPS for the current fiscal year.

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Gulfport Energy Corporation 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.

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

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