Geopark Ltd $GPRK Shares Bought by Jump Financial LLC

Key Points

• Jump Financial LLC increased its stake in Geopark Ltd by 124.0% in Q1, acquiring an additional 63,567 shares for a total of 114,839 shares, valued at approximately $928,000.
• Geopark announced a quarterly dividend of $0.147 per share, resulting in an annual yield of 8.9%, with a payout ratio of 71.08%.
• After recent earnings, Geopark's consensus rating is "Buy" with an average price target of $11.00, despite a downgrade to "sell" by Wall Street Zen.

Jump Financial LLC boosted its position in shares of Geopark Ltd (NYSE:GPRK - Free Report) by 124.0% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 114,839 shares of the oil and gas company's stock after buying an additional 63,567 shares during the period. Jump Financial LLC owned 0.22% of Geopark worth $928,000 as of its most recent SEC filing.

Several other institutional investors also recently added to or reduced their stakes in GPRK. Invesco Ltd. increased its position in Geopark by 7.9% during the fourth quarter. Invesco Ltd. now owns 126,197 shares of the oil and gas company's stock worth $1,170,000 after buying an additional 9,199 shares during the period. Susquehanna Fundamental Investments LLC acquired a new position in Geopark during the fourth quarter worth approximately $370,000. Northern Trust Corp acquired a new position in Geopark during the fourth quarter worth approximately $145,000. Cubist Systematic Strategies LLC acquired a new position in Geopark during the fourth quarter worth approximately $475,000. Finally, Graham Capital Management L.P. increased its position in Geopark by 120.2% during the fourth quarter. Graham Capital Management L.P. now owns 45,120 shares of the oil and gas company's stock worth $418,000 after buying an additional 24,631 shares during the period. Institutional investors and hedge funds own 68.21% of the company's stock.

Geopark Price Performance

Shares of Geopark stock traded up $0.25 during trading on Thursday, reaching $6.49. The company's stock had a trading volume of 206,665 shares, compared to its average volume of 831,543. The business has a 50 day moving average price of $6.69 and a 200-day moving average price of $7.07. The company has a quick ratio of 2.42, a current ratio of 2.47 and a debt-to-equity ratio of 2.92. The company has a market capitalization of $332.36 million, a P/E ratio of 7.81 and a beta of 0.83. Geopark Ltd has a 12-month low of $5.66 and a 12-month high of $11.72.

Geopark (NYSE:GPRK - Get Free Report) last posted its earnings results on Tuesday, August 5th. The oil and gas company reported $0.27 EPS for the quarter, topping analysts' consensus estimates of $0.15 by $0.12. The company had revenue of $119.80 million for the quarter, compared to the consensus estimate of $123.00 million. Geopark had a return on equity of 35.65% and a net margin of 7.70%. As a group, sell-side analysts anticipate that Geopark Ltd will post 1.97 EPS for the current year.

Geopark Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, September 4th. Shareholders of record on Tuesday, August 19th will be given a dividend of $0.147 per share. This represents a $0.59 dividend on an annualized basis and a yield of 9.1%. The ex-dividend date is Tuesday, August 19th. Geopark's payout ratio is presently 71.08%.

Analyst Upgrades and Downgrades

GPRK has been the topic of several research analyst reports. Santander initiated coverage on Geopark in a research report on Friday, August 29th. They set an "outperform" rating on the stock. Wall Street Zen lowered Geopark from a "hold" rating to a "sell" rating in a report on Saturday, August 9th. Two research analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, Geopark currently has a consensus rating of "Buy" and an average price target of $11.00.

Geopark Company Profile

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.