GeoPark (NYSE:GPRK - Get Free Report) was downgraded by research analysts at StockNews.com from a "buy" rating to a "hold" rating in a research note issued to investors on Sunday.
GeoPark Price Performance
GPRK stock traded down $0.22 on Friday, hitting $6.77. 532,367 shares of the company's stock traded hands, compared to its average volume of 560,365. The company has a current ratio of 1.28, a quick ratio of 1.23 and a debt-to-equity ratio of 2.53. The stock has a market cap of $346.94 million, a price-to-earnings ratio of 3.44 and a beta of 0.93. GeoPark has a 1-year low of $5.66 and a 1-year high of $11.72. The stock has a fifty day moving average of $7.41 and a 200-day moving average of $8.63.
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 (EPS) for the quarter, missing analysts' consensus estimates of $0.73 by ($0.43). The company had revenue of $143.70 million for the quarter, compared to analyst estimates of $141.00 million. GeoPark had a return on equity of 57.93% and a net margin of 14.97%. On average, analysts forecast that GeoPark will post 1.97 EPS for the current fiscal year.
Institutional Investors Weigh In On GeoPark
Several hedge funds have recently bought and sold shares of GPRK. Arrowstreet Capital Limited Partnership grew its stake in shares of GeoPark by 43.2% in the 4th quarter. Arrowstreet Capital Limited Partnership now owns 223,867 shares of the oil and gas company's stock valued at $2,075,000 after buying an additional 67,573 shares in the last quarter. Principal Financial Group Inc. boosted its position in GeoPark by 77.4% during the third quarter. Principal Financial Group Inc. now owns 366,380 shares of the oil and gas company's stock worth $2,883,000 after purchasing an additional 159,861 shares during the period. Barclays PLC raised its holdings in GeoPark by 392.3% in the 3rd quarter. Barclays PLC now owns 8,974 shares of the oil and gas company's stock worth $71,000 after acquiring an additional 7,151 shares during the period. JPMorgan Chase & Co. lifted its position in shares of GeoPark by 55.1% during the 4th quarter. JPMorgan Chase & Co. now owns 339,337 shares of the oil and gas company's stock worth $3,146,000 after purchasing an additional 120,518 shares during the last quarter. Finally, Savant Capital LLC boosted its position 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 acquiring an additional 10,800 shares during the period. 68.21% of the stock is owned by hedge funds and other institutional investors.
About GeoPark
(
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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.
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