Two Sigma Investments LP Has $2.41 Million Holdings in Gran Tierra Energy Inc. (NYSE:GTE)

Two Sigma Investments LP trimmed its holdings in shares of Gran Tierra Energy Inc. (NYSE:GTE - Free Report) by 29.6% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 332,980 shares of the company's stock after selling 139,845 shares during the period. Two Sigma Investments LP owned approximately 1.09% of Gran Tierra Energy worth $2,407,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently bought and sold shares of the business. Equinox Partners Investment Management LLC boosted its position in Gran Tierra Energy by 63.6% during the fourth quarter. Equinox Partners Investment Management LLC now owns 3,390,114 shares of the company's stock valued at $24,511,000 after purchasing an additional 1,318,488 shares during the last quarter. Sanctuary Advisors LLC purchased a new stake in shares of Gran Tierra Energy during the 4th quarter worth about $481,000. Renaissance Technologies LLC lifted its holdings in shares of Gran Tierra Energy by 22.7% during the 4th quarter. Renaissance Technologies LLC now owns 865,280 shares of the company's stock valued at $6,256,000 after buying an additional 159,900 shares during the last quarter. Dimensional Fund Advisors LP lifted its holdings in shares of Gran Tierra Energy by 29.0% during the 4th quarter. Dimensional Fund Advisors LP now owns 271,690 shares of the company's stock valued at $1,964,000 after buying an additional 61,121 shares during the last quarter. Finally, D. E. Shaw & Co. Inc. bought a new stake in shares of Gran Tierra Energy in the 4th quarter valued at approximately $829,000. 31.70% of the stock is owned by institutional investors and hedge funds.

Gran Tierra Energy Stock Performance

Shares of GTE stock traded down $0.05 during mid-day trading on Wednesday, reaching $4.91. The stock had a trading volume of 121,669 shares, compared to its average volume of 286,399. Gran Tierra Energy Inc. has a one year low of $3.34 and a one year high of $10.40. The firm has a market cap of $173.47 million, a PE ratio of 3.43 and a beta of 0.71. The firm's 50 day simple moving average is $4.53 and its 200 day simple moving average is $5.56. The company has a quick ratio of 1.19, a current ratio of 1.31 and a debt-to-equity ratio of 1.71.

Analyst Upgrades and Downgrades

GTE has been the subject of a number of analyst reports. Stifel Nicolaus started coverage on shares of Gran Tierra Energy in a research note on Tuesday, May 13th. They issued a "buy" rating for the company. Wall Street Zen lowered shares of 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 Gran Tierra Energy news, major shareholder Equinox Partners Investment Ma purchased 5,000 shares of Gran Tierra Energy stock in a transaction that occurred on Wednesday, April 2nd. The stock was acquired at an average price of $5.16 per share, for a total transaction of $25,800.00. Following the completion of the acquisition, the insider now owns 1,737,936 shares of the company's stock, valued at approximately $8,967,749.76. This trade represents a 0.29% increase in their position. The purchase was disclosed in a filing with the SEC, which is accessible through this link. Over the last 90 days, insiders acquired 475,027 shares of company stock valued at $1,997,080. Corporate 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.