GeoPark Limited (NYSE:GPRK) Shares Bought by Renaissance Technologies LLC

Renaissance Technologies LLC lifted its holdings in GeoPark Limited (NYSE:GPRK - Free Report) by 5.2% during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 3,176,376 shares of the oil and gas company's stock after purchasing an additional 156,067 shares during the period. Renaissance Technologies LLC owned about 6.21% of GeoPark worth $29,445,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in GPRK. Public Employees Retirement System of Ohio bought a new position in shares of GeoPark during the 3rd quarter valued at approximately $44,000. R Squared Ltd purchased a new position in GeoPark during the fourth quarter valued at approximately $50,000. Blue Trust Inc. boosted its position in shares of GeoPark by 25.6% in the fourth quarter. Blue Trust Inc. now owns 6,142 shares of the oil and gas company's stock worth $57,000 after purchasing an additional 1,252 shares during the period. Barclays PLC boosted its position in shares of GeoPark by 392.3% in the third quarter. Barclays PLC now owns 8,974 shares of the oil and gas company's stock worth $71,000 after purchasing an additional 7,151 shares during the period. Finally, Puff Wealth Management LLC purchased a new stake in shares of GeoPark in the fourth quarter worth $121,000. Hedge funds and other institutional investors own 68.21% of the company's stock.

GeoPark Price Performance

Shares of NYSE GPRK traded up $0.18 during mid-day trading on Thursday, hitting $6.67. 335,872 shares of the company's stock traded hands, compared to its average volume of 543,539. The company has a market capitalization of $341.56 million, a P/E ratio of 3.38 and a beta of 0.93. GeoPark Limited has a 1 year low of $5.66 and a 1 year high of $11.72. The company has a debt-to-equity ratio of 2.53, a current ratio of 1.28 and a quick ratio of 1.23. The company's 50-day moving average is $7.84 and its two-hundred day moving average is $8.73.

GeoPark (NYSE:GPRK - Get Free Report) last announced its earnings results on Wednesday, March 5th. The oil and gas company reported $0.30 earnings per share for the quarter, missing the consensus estimate of $0.73 by ($0.43). The firm had revenue of $143.70 million during the quarter, compared to analysts' expectations of $141.00 million. GeoPark had a net margin of 14.97% and a return on equity of 57.93%. On average, equities analysts anticipate that GeoPark Limited will post 1.97 EPS for the current fiscal year.

GeoPark Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, March 31st. Shareholders of record on Wednesday, March 19th were given a dividend of $0.147 per share. This represents a $0.59 dividend on an annualized basis and a yield of 8.82%. The ex-dividend date was Wednesday, March 19th. GeoPark's dividend payout ratio (DPR) is presently 32.22%.

Analyst Ratings Changes

Separately, StockNews.com lowered GeoPark from a "buy" rating to a "hold" rating in a research note on Friday, April 11th.

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.