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

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

Several other institutional investors have also recently added to or reduced their stakes in GPRK. Northern Trust Corp purchased a new position in shares of GeoPark during the fourth quarter worth $145,000. Susquehanna Fundamental Investments LLC acquired a new position in GeoPark in the 4th quarter valued at about $370,000. Virtus ETF Advisers LLC increased its stake in GeoPark by 53.9% during the fourth quarter. Virtus ETF Advisers LLC now owns 23,393 shares of the oil and gas company's stock worth $217,000 after purchasing an additional 8,188 shares during the period. JBF Capital Inc. acquired a new stake in shares of GeoPark during the fourth quarter worth about $185,000. Finally, Dodge & Cox boosted its stake in shares of GeoPark by 28.7% in the fourth quarter. Dodge & Cox now owns 98,845 shares of the oil and gas company's stock valued at $916,000 after purchasing an additional 22,031 shares during the period. Institutional investors and hedge funds own 68.21% of the company's stock.

GeoPark Stock Down 1.3 %

NYSE GPRK traded down $0.09 during trading hours on Friday, hitting $6.67. 401,005 shares of the company were exchanged, compared to its average volume of 559,439. The company has a quick ratio of 1.23, a current ratio of 1.28 and a debt-to-equity ratio of 2.53. The firm has a market cap of $341.82 million, a price-to-earnings ratio of 3.39 and a beta of 0.76. The company has a 50 day moving average of $7.29 and a two-hundred day moving average of $8.60. GeoPark Limited has a 52-week low of $5.66 and a 52-week high of $11.72.

GeoPark (NYSE:GPRK - Get Free Report) last issued its earnings results on Wednesday, March 5th. The oil and gas company reported $0.30 earnings per share for the quarter, missing the consensus estimate of $0.73 by ($0.43). GeoPark had a net margin of 14.97% and a return on equity of 57.93%. The firm had revenue of $143.70 million during the quarter, compared to analyst estimates of $141.00 million. Equities research analysts anticipate that GeoPark Limited will post 1.97 earnings per share for the current year.

GeoPark Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, March 31st. Stockholders of record on Wednesday, March 19th were given a dividend of $0.147 per share. The ex-dividend date was Wednesday, March 19th. This represents a $0.59 annualized dividend and a dividend yield of 8.82%. GeoPark's dividend payout ratio (DPR) is currently 32.22%.

Analyst Upgrades and Downgrades

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

GeoPark 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.