Dimensional Fund Advisors LP Purchases 61,121 Shares of Gran Tierra Energy Inc. (NYSE:GTE)

Dimensional Fund Advisors LP lifted its stake in shares of Gran Tierra Energy Inc. (NYSE:GTE - Free Report) by 29.0% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 271,690 shares of the company's stock after purchasing an additional 61,121 shares during the period. Dimensional Fund Advisors LP owned approximately 0.89% of Gran Tierra Energy worth $1,964,000 at the end of the most recent reporting period.

Other hedge funds have also added to or reduced their stakes in the company. Marshall Wace LLP grew its holdings in Gran Tierra Energy by 17.3% during the 4th quarter. Marshall Wace LLP now owns 218,787 shares of the company's stock worth $1,582,000 after acquiring an additional 32,209 shares during the period. Jump Financial LLC raised its position in Gran Tierra Energy by 33.8% in the 4th quarter. Jump Financial LLC now owns 58,876 shares of the company's stock valued at $426,000 after buying an additional 14,869 shares during the last quarter. Barclays PLC lifted its position in shares of Gran Tierra Energy by 75.5% in the fourth quarter. Barclays PLC now owns 59,248 shares of the company's stock worth $429,000 after purchasing an additional 25,493 shares in the last quarter. Renaissance Technologies LLC lifted its position in Gran Tierra Energy by 22.7% during the 4th quarter. Renaissance Technologies LLC now owns 865,280 shares of the company's stock worth $6,256,000 after buying an additional 159,900 shares in the last quarter. Finally, Invesco Ltd. boosted its position in Gran Tierra Energy by 1.0% during the fourth quarter. Invesco Ltd. now owns 286,960 shares of the company's stock valued at $2,075,000 after purchasing an additional 2,846 shares during the last quarter. Institutional investors own 31.70% of the company's stock.

Analyst Upgrades and Downgrades

GTE has been the subject of a number of analyst reports. Stifel Nicolaus assumed coverage on shares of Gran Tierra Energy in a research report on Tuesday. They issued a "buy" rating for the company. StockNews.com cut shares of Gran Tierra Energy from a "buy" rating to a "hold" rating in a research report on Tuesday, February 25th.

Gran Tierra Energy Trading Down 5.2%

Shares of Gran Tierra Energy stock opened at $5.06 on Thursday. The company has a quick ratio of 1.19, a current ratio of 1.31 and a debt-to-equity ratio of 1.71. Gran Tierra Energy Inc. has a 12-month low of $3.34 and a 12-month high of $10.40. The company has a market capitalization of $178.76 million, a price-to-earnings ratio of 3.54 and a beta of 0.71. The firm's 50-day moving average price is $4.57 and its two-hundred day moving average price is $5.72.

Insider Transactions at Gran Tierra Energy

In related news, major shareholder Equinox Partners Investment Ma acquired 123,000 shares of the stock in a transaction that occurred on Friday, April 4th. The stock was acquired at an average cost of $4.11 per share, for a total transaction of $505,530.00. Following the transaction, the insider now directly owns 1,855,436 shares in the company, valued at $7,625,841.96. This trade represents a 7.10% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. In the last 90 days, insiders bought 476,527 shares of company stock valued at $2,003,350. Company insiders own 6.45% of the company's stock.

Gran Tierra Energy Company Profile

Gran Tierra Energy Inc, together with its subsidiaries, engages in the exploration and production of oil and gas properties in Colombia and Ecuador. The company was founded in 2003 and is headquartered in Calgary, Canada.

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