Bokf Na raised its holdings in shares of Gulfport Energy Corporation (NYSE:GPOR - Free Report) by 66.7% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 25,000 shares of the company's stock after purchasing an additional 10,000 shares during the quarter. Bokf Na owned approximately 0.13% of Gulfport Energy worth $5,200,000 as of its most recent filing with the Securities & Exchange Commission.
Several other institutional investors have also added to or reduced their stakes in GPOR. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings in Gulfport Energy by 2.5% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 7,552 shares of the company's stock valued at $1,391,000 after purchasing an additional 181 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its holdings in Gulfport Energy by 14.8% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 95,749 shares of the company's stock valued at $17,631,000 after purchasing an additional 12,327 shares during the last quarter. Intech Investment Management LLC lifted its holdings in Gulfport Energy by 11.6% during the first quarter. Intech Investment Management LLC now owns 6,400 shares of the company's stock valued at $1,178,000 after purchasing an additional 665 shares during the last quarter. Cetera Investment Advisers lifted its holdings in Gulfport Energy by 16.7% during the second quarter. Cetera Investment Advisers now owns 1,532 shares of the company's stock valued at $308,000 after purchasing an additional 219 shares during the last quarter. Finally, Prudential Financial Inc. purchased a new stake in Gulfport Energy during the second quarter valued at about $400,000.
Insiders Place Their Bets
In other Gulfport Energy news, CFO Michael L. Hodges sold 16,769 shares of the stock in a transaction that occurred on Monday, March 2nd. The shares were sold at an average price of $210.70, for a total transaction of $3,533,228.30. Following the transaction, the chief financial officer directly owned 18,473 shares in the company, valued at $3,892,261.10. This trade represents a 47.58% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Timothy J. Cutt sold 5,000 shares of the stock in a transaction that occurred on Monday, March 2nd. The shares were sold at an average price of $208.73, for a total transaction of $1,043,650.00. Following the transaction, the director owned 26,255 shares in the company, valued at $5,480,206.15. The trade was a 16.00% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 876,258 shares of company stock valued at $179,141,707 over the last three months. Corporate insiders own 0.70% of the company's stock.
Gulfport Energy Trading Down 7.4%
Shares of GPOR opened at $180.74 on Thursday. The firm's 50 day simple moving average is $200.41 and its 200 day simple moving average is $199.93. The company has a market capitalization of $3.26 billion, a P/E ratio of 6.18, a P/E/G ratio of 0.96 and a beta of 0.46. The company has a debt-to-equity ratio of 0.43, a current ratio of 0.68 and a quick ratio of 0.68. Gulfport Energy Corporation has a 1-year low of $160.95 and a 1-year high of $225.78.
Gulfport Energy (NYSE:GPOR - Get Free Report) last announced its earnings results on Tuesday, February 24th. The company reported $5.60 earnings per share for the quarter, missing analysts' consensus estimates of $5.61 by ($0.01). The company had revenue of $398.19 million during the quarter, compared to analysts' expectations of $373.24 million. Gulfport Energy had a net margin of 35.72% and a return on equity of 23.50%. Sell-side analysts forecast that Gulfport Energy Corporation will post 24.31 earnings per share for the current fiscal year.
Gulfport Energy News Roundup
Here are the key news stories impacting Gulfport Energy this week:
Analyst Upgrades and Downgrades
A number of equities research analysts have recently issued reports on GPOR shares. Wall Street Zen downgraded shares of Gulfport Energy from a "buy" rating to a "hold" rating in a report on Saturday, February 28th. Truist Financial started coverage on shares of Gulfport Energy in a report on Tuesday, March 24th. They issued a "hold" rating and a $230.00 price target on the stock. Mizuho increased their price target on shares of Gulfport Energy from $248.00 to $251.00 and gave the stock a "neutral" rating in a report on Wednesday. JPMorgan Chase & Co. increased their price target on shares of Gulfport Energy from $228.00 to $229.00 and gave the stock an "overweight" rating in a report on Monday, March 16th. Finally, Zacks Research raised shares of Gulfport Energy from a "strong sell" rating to a "hold" rating in a report on Wednesday, January 7th. One analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating and seven have assigned a Hold rating to the company's stock. According to MarketBeat, Gulfport Energy has an average rating of "Moderate Buy" and a consensus price target of $231.33.
View Our Latest Report on Gulfport Energy
Gulfport Energy Company Profile
(
Free Report)
Gulfport Energy Corporation is an independent oil and gas exploration and production company based in Oklahoma City, Oklahoma. The company focuses on the development of onshore natural gas, natural gas liquids (NGLs) and crude oil properties in the United States. Gulfport utilizes horizontal drilling and multi-stage hydraulic fracturing techniques to maximize production and enhance recovery from its resource plays.
The company's primary operations are concentrated in two major U.S. resource basins.
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