Y Intercept Hong Kong Ltd Buys 32,131 Shares of GeoPark Limited (NYSE:GPRK)

Y Intercept Hong Kong Ltd lifted its stake in shares of GeoPark Limited (NYSE:GPRK) by 67.6% in the third quarter, according to its most recent filing with the SEC. The fund owned 79,674 shares of the oil and gas company’s stock after acquiring an additional 32,131 shares during the period. Y Intercept Hong Kong Ltd owned approximately 0.16% of GeoPark worth $627,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in GPRK. Employees Retirement System of Texas purchased a new stake in GeoPark during the second quarter valued at about $34,000. nVerses Capital LLC bought a new position in GeoPark during the 2nd quarter worth approximately $35,000. Blue Trust Inc. purchased a new position in GeoPark in the 3rd quarter worth approximately $38,000. Commonwealth Equity Services LLC purchased a new stake in shares of GeoPark during the second quarter valued at approximately $244,000. Finally, Aristides Capital LLC purchased a new position in shares of GeoPark in the second quarter worth $286,000. 68.21% of the stock is currently owned by hedge funds and other institutional investors.

GeoPark Stock Down 1.6 %

NYSE:GPRK opened at $10.74 on Friday. GeoPark Limited has a 1-year low of $7.24 and a 1-year high of $11.72. The company has a market capitalization of $549.46 million, a PE ratio of 5.45 and a beta of 1.37. The firm’s 50-day moving average price is $8.84 and its 200-day moving average price is $9.25. The company has a debt-to-equity ratio of 2.53, a current ratio of 1.28 and a quick ratio of 1.23.

GeoPark (NYSE:GPRK) last announced its quarterly earnings data on Wednesday, November 6th. The oil and gas company reported $0.48 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.59 by ($0.11). The company had revenue of $159.50 million for the quarter, compared to analysts’ expectations of $156.99 million. GeoPark had a net margin of 14.97% and a return on equity of 57.93%. On average, equities analysts predict that GeoPark Limited will post 2.56 EPS for the current fiscal year.

GeoPark Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, December 6th. Shareholders of record on Thursday, November 21st were issued a $0.147 dividend. The ex-dividend date of this dividend was Thursday, November 21st. This represents a $0.59 annualized dividend and a yield of 5.47%. GeoPark’s dividend payout ratio (DPR) is presently 29.95%.

Analysts Set New Price Targets

A number of equities research analysts have issued reports on the stock. StockNews.com lowered shares of GeoPark from a “strong-buy” rating to a “buy” rating in a report on Tuesday, December 10th. JPMorgan Chase & Co. cut their target price on GeoPark from $12.00 to $11.00 and set an “overweight” rating on the stock in a research note on Wednesday, October 30th.

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.