Two Sigma Investments LP Decreases Stock Holdings in GeoPark Limited (NYSE:GPRK)

Two Sigma Investments LP cut its stake in shares of GeoPark Limited (NYSE:GPRK - Free Report) by 10.1% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 448,388 shares of the oil and gas company's stock after selling 50,288 shares during the quarter. Two Sigma Investments LP owned 0.88% of GeoPark worth $4,157,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also recently added to or reduced their stakes in the company. Blue Trust Inc. lifted its stake in shares of 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 purchasing an additional 1,252 shares during the period. Fox Run Management L.L.C. increased its holdings in GeoPark by 17.0% in the 4th quarter. Fox Run Management L.L.C. now owns 13,855 shares of the oil and gas company's stock worth $128,000 after buying an additional 2,009 shares in the last quarter. Banco BTG Pactual S.A. raised its position in GeoPark by 16.7% in the 4th quarter. Banco BTG Pactual S.A. now owns 15,000 shares of the oil and gas company's stock worth $152,000 after buying an additional 2,143 shares during the last quarter. Investment Counsel Co. of Nevada bought a new position in GeoPark during the fourth quarter valued at approximately $48,000. Finally, Sei Investments Co. increased its position in GeoPark by 50.7% during the fourth quarter. Sei Investments Co. now owns 15,370 shares of the oil and gas company's stock valued at $142,000 after acquiring an additional 5,171 shares during the last quarter. Institutional investors own 68.21% of the company's stock.

Wall Street Analyst Weigh In

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

GeoPark Trading Down 2.0%

GPRK traded down $0.13 on Friday, reaching $6.30. 1,500,926 shares of the company traded hands, compared to its average volume of 643,542. The company has a market cap of $322.86 million, a P/E ratio of 3.20 and a beta of 0.76. The firm has a fifty day simple moving average of $6.83 and a two-hundred day simple moving average of $8.42. GeoPark Limited has a one year low of $5.66 and a one year 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.

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

GeoPark Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, June 5th. Stockholders of record on Thursday, May 22nd will be given a dividend of $0.147 per share. This represents a $0.59 dividend on an annualized basis and a dividend yield of 9.33%. The ex-dividend date of this dividend is Thursday, May 22nd. GeoPark's dividend payout ratio (DPR) is presently 38.41%.

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.