Glenorchy Capital Ltd Makes New $1.67 Million Investment in GeoPark Limited (NYSE:GPRK)

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

Other institutional investors have also added to or reduced their stakes in the company. Investment Counsel Co. of Nevada acquired a new stake in GeoPark during the 4th quarter worth approximately $48,000. R Squared Ltd acquired a new stake in GeoPark during the fourth quarter worth approximately $50,000. Blue Trust Inc. grew its holdings in 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 lifted its holdings in shares of 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 purchasing an additional 7,151 shares in the last quarter. Finally, Puff Wealth Management LLC purchased a new stake in shares of GeoPark in the fourth quarter worth approximately $121,000. 68.21% of the stock is currently owned by institutional investors and hedge funds.

GeoPark Stock Performance

GeoPark stock traded up $0.14 during mid-day trading on Tuesday, reaching $6.95. 95,937 shares of the company's stock were exchanged, compared to its average volume of 568,852. The firm has a market capitalization of $355.91 million, a PE ratio of 3.50 and a beta of 0.76. 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. The business's fifty day simple moving average is $7.13 and its 200 day simple moving average is $8.55.

GeoPark (NYSE:GPRK - Get Free Report) last posted its quarterly earnings data 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). GeoPark had a return on equity of 57.93% and a net margin of 14.97%. The company had revenue of $137.30 million for the quarter, compared to analysts' expectations of $126.00 million. On average, sell-side analysts expect that GeoPark Limited will post 1.97 earnings per share for the current year.

GeoPark Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, June 5th. Shareholders of record on Thursday, May 22nd will be issued a dividend of $0.147 per share. This represents a $0.59 annualized dividend and a yield of 8.47%. The ex-dividend date of this dividend is Thursday, May 22nd. GeoPark's dividend payout ratio (DPR) is 38.41%.

Wall Street Analysts Forecast Growth

Separately, StockNews.com cut shares of GeoPark from a "buy" rating to a "hold" rating in a report on Sunday, April 27th.

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.