Two Sigma Advisers LP Sells 72,100 Shares of GeoPark Limited (NYSE:GPRK)

Two Sigma Advisers LP trimmed its holdings in shares of GeoPark Limited (NYSE:GPRK - Free Report) by 11.9% in the fourth quarter, according to its most recent filing with the SEC. The firm owned 535,400 shares of the oil and gas company's stock after selling 72,100 shares during the period. Two Sigma Advisers LP owned approximately 1.05% of GeoPark worth $4,963,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also modified their holdings of the stock. Blue Trust Inc. increased its position in GeoPark by 25.6% in the 4th quarter. Blue Trust Inc. now owns 6,142 shares of the oil and gas company's stock valued at $57,000 after acquiring an additional 1,252 shares in the last quarter. R Squared Ltd bought a new stake in shares of GeoPark during the fourth quarter valued at approximately $50,000. Savant Capital LLC increased its holdings in shares of GeoPark by 95.4% in the fourth quarter. Savant Capital LLC now owns 22,119 shares of the oil and gas company's stock valued at $205,000 after purchasing an additional 10,800 shares in the last quarter. Puff Wealth Management LLC bought a new position in GeoPark in the 4th quarter worth approximately $121,000. Finally, Armstrong Fleming & Moore Inc raised its position in GeoPark by 3.3% in the 4th quarter. Armstrong Fleming & Moore Inc now owns 193,875 shares of the oil and gas company's stock worth $1,797,000 after purchasing an additional 6,149 shares during the last quarter. Institutional investors own 68.21% of the company's stock.

GeoPark Trading Down 1.1%

NYSE GPRK traded down $0.07 during trading on Friday, reaching $6.36. 197,002 shares of the stock traded hands, compared to its average volume of 637,091. The firm has a market cap of $325.93 million, a price-to-earnings ratio of 3.25 and a beta of 0.76. GeoPark Limited has a fifty-two week low of $5.66 and a fifty-two week high of $11.72. The company has a quick ratio of 1.23, a current ratio of 1.28 and a debt-to-equity ratio of 2.53. The stock's 50-day moving average price is $6.83 and its 200 day moving average price is $8.42.

GeoPark (NYSE:GPRK - Get Free Report) last released its quarterly earnings data on Wednesday, May 7th. The oil and gas company reported $0.34 earnings per share for the quarter, missing the consensus estimate of $0.46 by ($0.12). GeoPark had a net margin of 14.97% and a return on equity of 57.93%. The business had revenue of $137.30 million for the quarter, compared to the consensus estimate of $126.00 million. Analysts predict that GeoPark Limited will post 1.97 EPS for the current year.

GeoPark Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, June 5th. Investors of record on Thursday, May 22nd will be given a $0.147 dividend. This represents a $0.59 dividend on an annualized basis and a yield of 9.25%. The ex-dividend date is Thursday, May 22nd. GeoPark's dividend payout ratio is presently 38.41%.

Wall Street Analyst Weigh In

Separately, Wall Street Zen cut GeoPark from a "buy" rating to a "hold" rating in a report on Sunday, April 27th.

About GeoPark

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.