GeoPark (NYSE:GPRK) Downgraded by StockNews.com

GeoPark (NYSE:GPRK) was downgraded by analysts at StockNews.com from a “strong-buy” rating to a “buy” rating in a research note issued on Monday.

Separately, JPMorgan Chase & Co. upped their price objective on shares of GeoPark from $11.50 to $12.00 and gave the stock an “overweight” rating in a research note on Wednesday, September 25th.

GeoPark Stock Performance

Shares of NYSE:GPRK opened at $8.05 on Monday. The company has a debt-to-equity ratio of 2.83, a current ratio of 1.16 and a quick ratio of 1.10. The business’s fifty day moving average price is $8.28 and its two-hundred day moving average price is $9.40. GeoPark has a fifty-two week low of $7.24 and a fifty-two week high of $11.25. The stock has a market capitalization of $446.53 million, a price-to-earnings ratio of 4.17 and a beta of 1.32.

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

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. SpiderRock Advisors LLC acquired a new stake in GeoPark in the 1st quarter valued at about $474,000. GSA Capital Partners LLP lifted its holdings in GeoPark by 67.8% during the 1st quarter. GSA Capital Partners LLP now owns 148,060 shares of the oil and gas company’s stock worth $1,421,000 after buying an additional 59,834 shares in the last quarter. Stokes Family Office LLC acquired a new position in GeoPark during the 1st quarter worth $302,000. Quadrature Capital Ltd boosted its position in 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 buying an additional 24,555 shares during the last quarter. Finally, Virtu Financial LLC acquired a new stake in shares of GeoPark in the 1st quarter valued at $192,000. Institutional investors and hedge funds own 68.21% of the company’s stock.

GeoPark Company 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.