Annex Advisory Services LLC Boosts Holdings in GeoPark Limited (NYSE:GPRK)

Annex Advisory Services LLC lifted its stake in GeoPark Limited (NYSE:GPRKFree Report) by 25.5% in the 4th quarter, HoldingsChannel reports. The firm owned 161,620 shares of the oil and gas company’s stock after buying an additional 32,870 shares during the quarter. Annex Advisory Services LLC’s holdings in GeoPark were worth $1,498,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of GPRK. Commonwealth Equity Services LLC purchased a new position in GeoPark during the 2nd quarter valued at about $244,000. Employees Retirement System of Texas purchased a new position in GeoPark during the 2nd quarter valued at about $34,000. Mackenzie Financial Corp purchased a new position in GeoPark during the 2nd quarter valued at about $2,929,000. Aristides Capital LLC purchased a new position in GeoPark in the second quarter worth about $286,000. Finally, Exchange Traded Concepts LLC purchased a new position in GeoPark in the third quarter worth about $320,000. 68.21% of the stock is owned by hedge funds and other institutional investors.

GeoPark Stock Performance

Shares of GPRK stock opened at $10.48 on Tuesday. The company has a 50 day moving average price of $9.84 and a 200-day moving average price of $9.15. GeoPark Limited has a 52 week low of $7.24 and a 52 week high of $11.72. The firm has a market capitalization of $535.93 million, a PE ratio of 5.32 and a beta of 1.35. The company has a quick ratio of 1.23, a current ratio of 1.28 and a debt-to-equity ratio of 2.53.

GeoPark (NYSE:GPRKGet Free Report) last announced its quarterly earnings results on Wednesday, November 6th. The oil and gas company reported $0.48 EPS for the quarter, missing analysts’ consensus estimates of $0.59 by ($0.11). GeoPark had a return on equity of 57.93% and a net margin of 14.97%. The company had revenue of $159.50 million during the quarter, compared to the consensus estimate of $156.99 million. As a group, equities research analysts expect that GeoPark Limited will post 2.3 earnings per share for the current year.

GeoPark Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, December 6th. Investors of record on Thursday, November 21st were given a dividend of $0.147 per share. The ex-dividend date was Thursday, November 21st. This represents a $0.59 annualized dividend and a yield of 5.61%. GeoPark’s dividend payout ratio (DPR) is 29.44%.

Analyst Upgrades and Downgrades

Several research analysts have issued reports on GPRK shares. StockNews.com cut shares of GeoPark from a “strong-buy” rating to a “buy” rating in a report on Friday. JPMorgan Chase & Co. decreased their target price on shares of GeoPark from $12.00 to $11.00 and set an “overweight” rating for the company in a report on Wednesday, October 30th.

Read Our Latest Analysis on GPRK

About GeoPark

(Free Report)

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.

See Also

Want to see what other hedge funds are holding GPRK? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for GeoPark Limited (NYSE:GPRKFree Report).

Institutional Ownership by Quarter for GeoPark (NYSE:GPRK)

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