Geopark Ltd $GPRK Shares Purchased by Banco BTG Pactual S.A.

Banco BTG Pactual S.A. increased its position in shares of Geopark Ltd (NYSE:GPRK) by 132.4% during the 4th quarter, HoldingsChannel reports. The fund owned 185,884 shares of the oil and gas company’s stock after acquiring an additional 105,884 shares during the quarter. Banco BTG Pactual S.A.’s holdings in Geopark were worth $1,377,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of GPRK. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its position in Geopark by 115.2% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 284,962 shares of the oil and gas company’s stock valued at $2,302,000 after buying an additional 152,520 shares during the last quarter. Millennium Management LLC lifted its position in Geopark by 139.9% in the first quarter. Millennium Management LLC now owns 594,154 shares of the oil and gas company’s stock valued at $4,801,000 after buying an additional 346,521 shares during the last quarter. Goldman Sachs Group Inc. lifted its position in Geopark by 94.2% in the first quarter. Goldman Sachs Group Inc. now owns 365,825 shares of the oil and gas company’s stock valued at $2,956,000 after buying an additional 177,496 shares during the last quarter. Quantbot Technologies LP acquired a new position in Geopark in the second quarter valued at about $401,000. Finally, Nebula Research & Development LLC lifted its position in Geopark by 11.5% in the second quarter. Nebula Research & Development LLC now owns 27,028 shares of the oil and gas company’s stock valued at $176,000 after buying an additional 2,793 shares during the last quarter. Institutional investors and hedge funds own 68.21% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts have commented on the stock. Jefferies Financial Group reaffirmed a “buy” rating and issued a $11.50 target price on shares of Geopark in a research report on Thursday, March 5th. Weiss Ratings raised shares of Geopark from a “hold (c-)” rating to a “hold (c)” rating in a research report on Tuesday, April 21st. Two investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, Geopark has a consensus rating of “Moderate Buy” and a consensus price target of $11.50.

Insider Activity

In other news, Director James Franklin Park sold 100,000 shares of the stock in a transaction dated Monday, April 20th. The shares were sold at an average price of $8.83, for a total transaction of $883,000.00. Following the sale, the director owned 912,118 shares of the company’s stock, valued at approximately $8,054,001.94. This represents a 9.88% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 1.50% of the company’s stock.

Geopark Stock Up 0.9%

Shares of GPRK opened at $11.05 on Friday. The stock has a market capitalization of $571.14 million, a PE ratio of 10.52 and a beta of 0.36. Geopark Ltd has a 1 year low of $5.75 and a 1 year high of $11.87. The company has a debt-to-equity ratio of 1.51, a quick ratio of 0.96 and a current ratio of 1.00. The company’s 50-day simple moving average is $9.71 and its 200-day simple moving average is $8.70.

Geopark (NYSE:GPRK) last issued its quarterly earnings results on Wednesday, May 6th. The oil and gas company reported $0.36 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.23 by $0.13. The business had revenue of $128.40 million for the quarter, compared to analysts’ expectations of $140.00 million. Geopark had a net margin of 11.74% and a return on equity of 36.71%.

Geopark Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, June 4th. Stockholders of record on Wednesday, May 20th were given a dividend of $0.023 per share. This represents a $0.09 annualized dividend and a dividend yield of 0.8%. The ex-dividend date of this dividend was Wednesday, May 20th. Geopark’s dividend payout ratio is currently 8.57%.

Geopark Profile

Geopark Ltd. (NYSE:GPRK) is an independent oil and gas exploration and production company focused on Latin America. Founded in 2002 and with corporate offices in Canada and regional headquarters in Bogotá, Colombia, Geopark pursues the discovery and development of unconventional and conventional hydrocarbon resources. The company’s strategy emphasizes asset consolidation in established basins alongside disciplined capital allocation to maximize production efficiency.

The company’s core operations are centered in Colombia’s Llanos Basin, where it holds interests in several producing blocks that deliver light crude oil to local and export markets.