Glenorchy Capital Ltd Buys Shares of 180,030 GeoPark Limited (NYSE:GPRK)

Glenorchy Capital Ltd bought a new position in shares of GeoPark Limited (NYSE:GPRK - Free Report) during the 4th quarter, according to its most recent 13F filing with the SEC. The fund bought 180,030 shares of the oil and gas company's stock, valued at approximately $1,669,000. Glenorchy Capital Ltd owned about 0.35% of GeoPark at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. Investment Counsel Co. of Nevada purchased a new stake in GeoPark during the 4th quarter valued at about $48,000. R Squared Ltd purchased a new stake in GeoPark during the 4th quarter valued at about $50,000. Blue Trust Inc. boosted its stake 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 buying an additional 1,252 shares during the last quarter. Barclays PLC boosted its stake 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 buying an additional 7,151 shares during the last quarter. Finally, Puff Wealth Management LLC purchased a new stake in shares of GeoPark in the fourth quarter worth about $121,000. Hedge funds and other institutional investors own 68.21% of the company's stock.

Wall Street Analyst Weigh In

Separately, StockNews.com downgraded GeoPark from a "buy" rating to a "hold" rating in a research note on Sunday, April 27th.

GeoPark Stock Performance

Shares of GPRK traded down $0.39 during mid-day trading on Thursday, reaching $6.59. The company had a trading volume of 657,594 shares, compared to its average volume of 575,780. GeoPark Limited has a 52-week low of $5.66 and a 52-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 has a market capitalization of $337.87 million, a P/E ratio of 3.34 and a beta of 0.76. The stock has a 50 day moving average of $7.09 and a two-hundred day moving average of $8.53.

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

GeoPark Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, June 5th. Investors of record on Thursday, May 22nd will be issued a $0.147 dividend. The ex-dividend date is Thursday, May 22nd. This represents a $0.59 dividend on an annualized basis and a yield of 8.92%. GeoPark's payout ratio is 38.41%.

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.