Gran Tierra Energy Inc. (NYSE:GTE) Shares Acquired by Dimensional Fund Advisors LP

Dimensional Fund Advisors LP raised its position in shares of Gran Tierra Energy Inc. (NYSE:GTE - Free Report) by 29.0% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 271,690 shares of the company's stock after acquiring an additional 61,121 shares during the quarter. Dimensional Fund Advisors LP owned approximately 0.89% of Gran Tierra Energy worth $1,964,000 at the end of the most recent quarter.

Other large investors have also bought and sold shares of the company. Marshall Wace LLP raised its holdings in Gran Tierra Energy by 17.3% in 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 last quarter. Jump Financial LLC raised its holdings in Gran Tierra Energy by 33.8% in the 4th quarter. Jump Financial LLC now owns 58,876 shares of the company's stock worth $426,000 after acquiring an additional 14,869 shares during the last quarter. Barclays PLC raised its holdings in Gran Tierra Energy by 75.5% in the 4th quarter. Barclays PLC now owns 59,248 shares of the company's stock worth $429,000 after acquiring an additional 25,493 shares during the last quarter. Renaissance Technologies LLC raised its holdings in Gran Tierra Energy by 22.7% in the 4th quarter. Renaissance Technologies LLC now owns 865,280 shares of the company's stock worth $6,256,000 after acquiring an additional 159,900 shares during the last quarter. Finally, Invesco Ltd. raised its holdings in Gran Tierra Energy by 1.0% in the 4th quarter. Invesco Ltd. now owns 286,960 shares of the company's stock worth $2,075,000 after acquiring an additional 2,846 shares during the last quarter. 31.70% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Several research firms have recently commented on GTE. Stifel Nicolaus started coverage on Gran Tierra Energy in a research note on Tuesday, May 13th. They issued a "buy" rating for the company. StockNews.com lowered Gran Tierra Energy from a "buy" rating to a "hold" rating in a research note on Tuesday, February 25th.

Insider Activity at Gran Tierra Energy

In other news, major shareholder Equinox Partners Investment Ma acquired 5,000 shares of the firm's stock in a transaction on Wednesday, April 2nd. The stock was acquired at an average price of $5.16 per share, with a total value of $25,800.00. Following the completion of the purchase, the insider now directly owns 1,737,936 shares in the company, valued at approximately $8,967,749.76. This trade represents a 0.29% increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. In the last quarter, insiders acquired 476,527 shares of company stock valued at $2,003,350. Insiders own 6.45% of the company's stock.

Gran Tierra Energy Trading Down 1.4%

Shares of NYSE:GTE traded down $0.07 during trading on Tuesday, reaching $4.77. The company's stock had a trading volume of 9,323 shares, compared to its average volume of 292,853. The company has a current ratio of 1.31, a quick ratio of 1.19 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 firm's 50 day simple moving average is $4.58 and its two-hundred day simple moving average is $5.68. The stock has a market capitalization of $168.66 million, a PE ratio of 3.33 and a beta of 0.71.

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.