Militia Capital Partners LP Purchases 78,724 Shares of Geopark Ltd $GPRK

Key Points

• Militia Capital Partners LP boosted its position in Geopark Ltd by 37.2%, now holding approximately 290,447 shares valued at $2,347,000.
• Other institutional investors like Goldman Sachs and Millennium Management also significantly increased their stakes in Geopark during the first quarter, indicating growing interest in the company.
• Geopark recently announced a quarterly dividend of $0.147 per share, providing a dividend yield of 9.2% for its shareholders.

Militia Capital Partners LP boosted its stake in Geopark Ltd (NYSE:GPRK - Free Report) by 37.2% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 290,447 shares of the oil and gas company's stock after buying an additional 78,724 shares during the period. Geopark accounts for approximately 1.9% of Militia Capital Partners LP's investment portfolio, making the stock its 14th largest holding. Militia Capital Partners LP owned 0.57% of Geopark worth $2,347,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of GPRK. Jump Financial LLC raised its holdings in Geopark by 124.0% during the first quarter. Jump Financial LLC now owns 114,839 shares of the oil and gas company's stock worth $928,000 after purchasing an additional 63,567 shares in the last quarter. Banco BTG Pactual S.A. lifted its position in Geopark by 326.7% in the first quarter. Banco BTG Pactual S.A. now owns 64,000 shares of the oil and gas company's stock worth $517,000 after purchasing an additional 49,000 shares during the period. Cambridge Investment Research Advisors Inc. acquired a new stake in Geopark in the first quarter worth approximately $99,000. Graham Capital Management L.P. lifted its stake in Geopark by 143.4% during the first quarter. Graham Capital Management L.P. now owns 109,830 shares of the oil and gas company's stock valued at $887,000 after purchasing an additional 64,710 shares during the last quarter. Finally, Empirical Finance LLC acquired a new stake in Geopark during the first quarter valued at approximately $977,000. Institutional investors own 68.21% of the company's stock.

Geopark Stock Performance

GPRK traded up $0.02 on Wednesday, hitting $6.59. 1,299,943 shares of the stock traded hands, compared to its average volume of 847,698. The business has a fifty day moving average price of $6.58 and a two-hundred day moving average price of $6.90. The company has a current ratio of 2.47, a quick ratio of 2.42 and a debt-to-equity ratio of 2.92. The firm has a market capitalization of $337.48 million, a PE ratio of 7.95 and a beta of 0.83. Geopark Ltd has a 52 week low of $5.66 and a 52 week 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 earnings per share for the quarter, beating analysts' consensus estimates of $0.15 by $0.12. The business had revenue of $119.80 million for the quarter, compared to analysts' expectations of $123.00 million. Geopark had a net margin of 7.70% and a return on equity of 35.65%. On average, research analysts predict that Geopark Ltd will post 1.97 EPS for the current fiscal year.

Geopark Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, September 4th. Shareholders of record on Tuesday, August 19th were paid a dividend of $0.147 per share. This represents a $0.59 annualized dividend and a yield of 8.9%. The ex-dividend date was Tuesday, August 19th. Geopark's dividend payout ratio is currently 71.08%.

Wall Street Analyst Weigh In

GPRK has been the subject of several recent research reports. Wall Street Zen raised shares of Geopark from a "sell" rating to a "hold" rating in a research note on Friday, September 5th. Santander assumed coverage on shares of Geopark in a research note on Friday, August 29th. They issued an "outperform" rating for the company. Two analysts have rated the stock with a Buy rating, According to MarketBeat, Geopark currently has a consensus rating of "Buy" and a consensus price target of $11.00.

Geopark 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.