125,000 Shares in Geopark Ltd $GPRK Acquired by Marex Group plc

Marex Group plc acquired a new stake in shares of Geopark Ltd (NYSE:GPRK) in the second quarter, HoldingsChannel.com reports. The institutional investor acquired 125,000 shares of the oil and gas company’s stock, valued at approximately $815,000.

Other large investors have also recently bought and sold shares of the company. SVB Wealth LLC bought a new position in shares of Geopark during the first quarter worth $27,000. Hsbc Holdings PLC acquired a new stake in Geopark during the 1st quarter worth $100,000. Entropy Technologies LP acquired a new stake in Geopark during the 2nd quarter worth $99,000. R Squared Ltd bought a new position in Geopark during the second quarter worth about $113,000. Finally, Virtu Financial LLC acquired a new position in Geopark in the first quarter valued at about $166,000. Institutional investors own 68.21% of the company’s stock.

Geopark Stock Down 0.5%

NYSE:GPRK opened at $7.17 on Monday. The stock has a 50-day simple moving average of $7.41 and a 200 day simple moving average of $6.96. Geopark Ltd has a 52-week low of $5.66 and a 52-week high of $11.67. The company has a market cap of $367.67 million, a PE ratio of 11.04 and a beta of 0.56. The company has a debt-to-equity ratio of 2.70, a quick ratio of 2.57 and a current ratio of 2.63.

Geopark (NYSE:GPRK) last released its earnings results on Wednesday, November 5th. The oil and gas company reported $0.42 EPS for the quarter, beating the consensus estimate of $0.31 by $0.11. Geopark had a return on equity of 33.42% and a net margin of 6.45%.The firm had revenue of $125.10 million for the quarter, compared to analysts’ expectations of $114.00 million. On average, sell-side analysts expect that Geopark Ltd will post 1.97 EPS for the current fiscal year.

Geopark Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, December 4th. Investors of record on Wednesday, November 19th were issued a dividend of $0.03 per share. The ex-dividend date was Wednesday, November 19th. This represents a $0.12 annualized dividend and a yield of 1.7%. Geopark’s dividend payout ratio is presently 18.46%.

Analyst Ratings Changes

A number of equities research analysts have recently commented on GPRK shares. Wall Street Zen raised Geopark from a “sell” rating to a “hold” rating in a research report on Friday, September 5th. Santander initiated coverage on shares of Geopark in a report on Friday, August 29th. They set an “outperform” rating on the stock. Finally, Weiss Ratings raised shares of Geopark from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Monday, December 8th. One research analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy”.

Geopark Profile

GeoPark Limited operates as an oil and natural gas exploration and production company primarily in Chile, Colombia, Brazil, Argentina, Ecuador, and other Latin American countries. It engages in the exploration, development, and production of oil and gas reserves. The company was formerly known as GeoPark Holdings Limited and changed its name to GeoPark Limited in July 2013.