76,975 Shares in GeoPark Limited (NYSE:GPRK) Acquired by Parvin Asset Management LLC

Parvin Asset Management LLC acquired a new stake in shares of GeoPark Limited (NYSE:GPRK - Free Report) in the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor acquired 76,975 shares of the oil and gas company's stock, valued at approximately $714,000. Parvin Asset Management LLC owned about 0.15% of GeoPark at the end of the most recent quarter.

Several other large investors also recently bought and sold shares of the stock. Investment Counsel Co. of Nevada purchased a new position in shares of GeoPark during the 4th quarter valued at about $48,000. R Squared Ltd purchased a new position in GeoPark during the fourth quarter worth about $50,000. Blue Trust Inc. raised its holdings in GeoPark by 25.6% in the 4th quarter. Blue Trust Inc. now owns 6,142 shares of the oil and gas company's stock valued at $57,000 after buying an additional 1,252 shares during the period. Barclays PLC raised its holdings in shares of GeoPark by 392.3% in the 3rd quarter. Barclays PLC now owns 8,974 shares of the oil and gas company's stock valued at $71,000 after buying an additional 7,151 shares during the period. Finally, Puff Wealth Management LLC purchased a new stake in shares of GeoPark during the fourth quarter worth $121,000. Hedge funds and other institutional investors own 68.21% of the company's stock.

Analyst Ratings Changes

Separately, StockNews.com downgraded GeoPark from a "buy" rating to a "hold" rating in a report on Sunday, April 27th.

GeoPark Stock Performance

NYSE:GPRK traded down $0.08 during mid-day trading on Monday, reaching $6.59. The stock had a trading volume of 298,127 shares, compared to its average volume of 559,737. The business has a 50 day simple moving average of $7.29 and a 200 day simple moving average of $8.61. The company has a debt-to-equity ratio of 2.53, a quick ratio of 1.23 and a current ratio of 1.28. The firm has a market capitalization of $337.72 million, a price-to-earnings ratio of 3.35 and a beta of 0.76. GeoPark Limited has a twelve month low of $5.66 and a twelve month high of $11.72.

GeoPark (NYSE:GPRK - Get Free Report) last issued its quarterly earnings data on Wednesday, March 5th. The oil and gas company reported $0.30 earnings per share for the quarter, missing analysts' consensus estimates of $0.73 by ($0.43). The business had revenue of $143.70 million for the quarter, compared to analysts' expectations of $141.00 million. GeoPark had a return on equity of 57.93% and a net margin of 14.97%. On average, analysts expect that GeoPark Limited will post 1.97 earnings per share for the current fiscal year.

GeoPark Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, March 31st. Shareholders of record on Wednesday, March 19th were paid a dividend of $0.147 per share. This represents a $0.59 dividend on an annualized basis and a yield of 8.92%. The ex-dividend date of this dividend was Wednesday, March 19th. GeoPark's dividend payout ratio is currently 32.22%.

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.