Cubist Systematic Strategies LLC Takes Position in GeoPark Limited (NYSE:GPRK)

Cubist Systematic Strategies LLC acquired a new position in shares of GeoPark Limited (NYSE:GPRK - Free Report) during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 51,205 shares of the oil and gas company's stock, valued at approximately $475,000. Cubist Systematic Strategies LLC owned 0.10% of GeoPark as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently bought and sold shares of GPRK. Parvin Asset Management LLC acquired a new position in shares of GeoPark during the fourth quarter valued at approximately $714,000. Northern Trust Corp acquired a new position in shares of GeoPark during the fourth quarter valued at approximately $145,000. Susquehanna Fundamental Investments LLC acquired a new position in shares of GeoPark during the fourth quarter valued at approximately $370,000. Virtus ETF Advisers LLC increased its stake in shares of 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 valued at $217,000 after acquiring an additional 8,188 shares during the period. Finally, JBF Capital Inc. acquired a new position in shares of GeoPark during the fourth quarter valued at approximately $185,000. Institutional investors and hedge funds own 68.21% of the company's stock.

Analyst Upgrades and Downgrades

Separately, Wall Street Zen cut shares of GeoPark from a "buy" rating to a "hold" rating in a report on Sunday, April 27th.

GeoPark Trading Up 0.4%

GeoPark stock traded up $0.03 during midday trading on Thursday, reaching $6.64. The stock had a trading volume of 132,092 shares, compared to its average volume of 609,484. The firm's fifty day simple moving average is $6.98 and its two-hundred day simple moving average is $8.48. GeoPark Limited has a twelve month low of $5.66 and a twelve month high of $11.72. The company has a debt-to-equity ratio of 2.53, a current ratio of 1.28 and a quick ratio of 1.23. The firm has a market cap of $340.02 million, a price-to-earnings ratio of 3.37 and a beta of 0.76.

GeoPark (NYSE:GPRK - Get Free Report) last issued its earnings results on Wednesday, May 7th. The oil and gas company reported $0.34 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.46 by ($0.12). The company had revenue of $137.30 million for the quarter, compared to analyst estimates of $126.00 million. GeoPark had a net margin of 14.97% and a return on equity of 57.93%. Equities analysts anticipate that GeoPark Limited will post 1.97 EPS for the current fiscal year.

GeoPark Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, June 5th. Shareholders of record on Thursday, May 22nd will be paid a dividend of $0.147 per share. This represents a $0.59 dividend on an annualized basis and a dividend yield of 8.86%. The ex-dividend date is Thursday, May 22nd. GeoPark's dividend payout ratio (DPR) is currently 38.41%.

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.