Systematic Financial Management LP Acquires 5,309 Shares of Gulfport Energy Corporation $GPOR

Systematic Financial Management LP grew its holdings in shares of Gulfport Energy Corporation (NYSE:GPOR) by 6.1% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 92,048 shares of the company’s stock after buying an additional 5,309 shares during the quarter. Systematic Financial Management LP’s holdings in Gulfport Energy were worth $19,145,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in shares of Gulfport Energy by 2.5% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 7,552 shares of the company’s stock valued at $1,391,000 after purchasing an additional 181 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its holdings in shares of Gulfport Energy by 14.8% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 95,749 shares of the company’s stock valued at $17,631,000 after purchasing an additional 12,327 shares during the period. Intech Investment Management LLC raised its holdings in shares of Gulfport Energy by 11.6% in the 1st quarter. Intech Investment Management LLC now owns 6,400 shares of the company’s stock valued at $1,178,000 after purchasing an additional 665 shares during the period. Cetera Investment Advisers raised its holdings in shares of Gulfport Energy by 16.7% in the 2nd quarter. Cetera Investment Advisers now owns 1,532 shares of the company’s stock valued at $308,000 after purchasing an additional 219 shares during the period. Finally, Prudential Financial Inc. bought a new stake in shares of Gulfport Energy in the 2nd quarter valued at about $400,000.

Wall Street Analysts Forecast Growth

GPOR has been the topic of a number of research analyst reports. Mizuho upped their target price on shares of Gulfport Energy from $248.00 to $251.00 and gave the company a “neutral” rating in a report on Wednesday, May 6th. UBS Group dropped their target price on shares of Gulfport Energy from $260.00 to $245.00 and set a “buy” rating on the stock in a report on Thursday, April 16th. JPMorgan Chase & Co. upped their target price on shares of Gulfport Energy from $228.00 to $229.00 and gave the company an “overweight” rating in a report on Monday, March 16th. Wall Street Zen cut shares of Gulfport Energy from a “buy” rating to a “hold” rating in a report on Saturday, February 28th. Finally, TD Cowen raised shares of Gulfport Energy to a “strong-buy” rating in a report on Monday, February 9th. One research analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and seven have issued a Hold rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $230.11.

Gulfport Energy Stock Down 0.4%

Gulfport Energy stock opened at $178.26 on Friday. The stock has a market cap of $3.20 billion, a P/E ratio of 6.09 and a beta of 0.46. The company has a quick ratio of 0.56, a current ratio of 0.56 and a debt-to-equity ratio of 0.46. Gulfport Energy Corporation has a twelve month low of $160.95 and a twelve month high of $225.78. The company’s 50-day moving average price is $195.06 and its two-hundred day moving average price is $199.63.

Gulfport Energy (NYSE:GPOR) last released its quarterly earnings results on Tuesday, February 24th. The company reported $5.60 earnings per share for the quarter, missing the consensus estimate of $5.61 by ($0.01). The company had revenue of $398.19 million during the quarter, compared to the consensus estimate of $373.24 million. Gulfport Energy had a net margin of 35.72% and a return on equity of 23.51%. As a group, analysts expect that Gulfport Energy Corporation will post 24.82 EPS for the current year.

Insider Transactions at Gulfport Energy

In other Gulfport Energy news, Director Timothy J. Cutt sold 5,000 shares of the stock in a transaction dated Monday, March 2nd. The shares were sold at an average price of $208.73, for a total value of $1,043,650.00. Following the transaction, the director directly owned 26,255 shares of the company’s stock, valued at $5,480,206.15. This represents a 16.00% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Jason Joseph Martinez sold 400 shares of the stock in a transaction dated Thursday, April 2nd. The shares were sold at an average price of $213.40, for a total transaction of $85,360.00. Following the completion of the transaction, the director directly owned 3,888 shares in the company, valued at approximately $829,699.20. This represents a 9.33% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last 90 days, insiders sold 876,258 shares of company stock worth $179,141,707. 0.70% of the stock is currently owned by insiders.

Gulfport Energy Company 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.