4,890 Shares in GeoPark Limited (NYSE:GPRK) Acquired by Blue Trust Inc.

Blue Trust Inc. purchased a new position in shares of GeoPark Limited (NYSE:GPRK) in the 3rd quarter, HoldingsChannel reports. The firm purchased 4,890 shares of the oil and gas company’s stock, valued at approximately $38,000.

Several other hedge funds have also recently added to or reduced their stakes in GPRK. Liontrust Investment Partners LLP bought a new stake in shares of GeoPark in the 2nd quarter valued at $460,000. Principal Financial Group Inc. bought a new stake in shares of GeoPark in the 2nd quarter valued at $2,261,000. Quadrature Capital Ltd increased its stake in shares of GeoPark by 40.6% in the 1st quarter. Quadrature Capital Ltd now owns 85,080 shares of the oil and gas company’s stock valued at $817,000 after acquiring an additional 24,555 shares in the last quarter. Mackenzie Financial Corp bought a new stake in shares of GeoPark in the 2nd quarter valued at $2,929,000. Finally, Aristides Capital LLC bought a new stake in shares of GeoPark in the 2nd quarter valued at $286,000. Institutional investors own 68.21% of the company’s stock.

GeoPark Stock Performance

Shares of GPRK stock opened at $7.78 on Friday. The firm has a market capitalization of $431.32 million, a PE ratio of 4.03 and a beta of 1.32. The firm has a fifty day simple moving average of $8.16 and a two-hundred day simple moving average of $9.35. The company has a current ratio of 1.16, a quick ratio of 1.10 and a debt-to-equity ratio of 2.83. GeoPark Limited has a 12 month low of $7.24 and a 12 month high of $11.25.

GeoPark (NYSE:GPRK) last announced its quarterly earnings results on Wednesday, August 14th. The oil and gas company reported $0.48 EPS for the quarter, missing analysts’ consensus estimates of $0.78 by ($0.30). The business had revenue of $190.20 million for the quarter, compared to the consensus estimate of $182.74 million. GeoPark had a net margin of 14.28% and a return on equity of 60.77%. Analysts forecast that GeoPark Limited will post 3.09 EPS for the current fiscal year.

GeoPark Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, September 12th. Shareholders of record on Thursday, August 29th were issued a dividend of $0.147 per share. This represents a $0.59 dividend on an annualized basis and a yield of 7.56%. The ex-dividend date was Thursday, August 29th. GeoPark’s dividend payout ratio is 30.05%.

Wall Street Analysts Forecast Growth

GPRK has been the subject of several research analyst reports. StockNews.com lowered shares of GeoPark from a “strong-buy” rating to a “buy” rating in a research note on Monday, October 28th. JPMorgan Chase & Co. decreased their price target on shares of GeoPark from $12.00 to $11.00 and set an “overweight” rating for the company in a research note on Wednesday.

About GeoPark

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.