Glenorchy Capital Ltd Takes $1.67 Million Position in GeoPark Limited (NYSE:GPRK)

Glenorchy Capital Ltd acquired a new position in shares of GeoPark Limited (NYSE:GPRK) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 180,030 shares of the oil and gas company’s stock, valued at approximately $1,669,000. Glenorchy Capital Ltd owned 0.35% of GeoPark at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. Blue Trust Inc. boosted its stake in shares of GeoPark by 25.6% during the 4th 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. Fox Run Management L.L.C. boosted its position in GeoPark by 17.0% during the fourth quarter. Fox Run Management L.L.C. now owns 13,855 shares of the oil and gas company’s stock valued at $128,000 after purchasing an additional 2,009 shares during the last quarter. Banco BTG Pactual S.A. grew its stake in GeoPark by 16.7% in the fourth quarter. Banco BTG Pactual S.A. now owns 15,000 shares of the oil and gas company’s stock valued at $152,000 after purchasing an additional 2,143 shares in the last quarter. Investment Counsel Co. of Nevada bought a new position in GeoPark in the fourth quarter valued at approximately $48,000. Finally, Sei Investments Co. increased its position in shares of GeoPark by 50.7% during the 4th quarter. Sei Investments Co. now owns 15,370 shares of the oil and gas company’s stock worth $142,000 after purchasing an additional 5,171 shares during the last quarter. 68.21% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Separately, StockNews.com cut shares of GeoPark from a “buy” rating to a “hold” rating in a research note on Sunday, April 27th.

GeoPark Stock Down 1.2 %

Shares of GPRK stock opened at $6.58 on Friday. GeoPark Limited has a 52-week low of $5.66 and a 52-week high of $11.72. The company has a debt-to-equity ratio of 2.53, a quick ratio of 1.23 and a current ratio of 1.28. The stock has a market cap of $337.21 million, a price-to-earnings ratio of 3.34 and a beta of 0.76. The firm’s 50-day moving average is $7.15 and its 200-day moving average is $8.55.

GeoPark (NYSE:GPRK) last released its quarterly earnings data on Wednesday, May 7th. The oil and gas company reported $0.34 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.46 by ($0.12). The business had revenue of $137.30 million during the quarter, compared to the consensus estimate of $126.00 million. GeoPark had a net margin of 14.97% and a return on equity of 57.93%. Sell-side analysts predict that GeoPark Limited will post 1.97 EPS for the current year.

GeoPark Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, June 5th. Shareholders of record on Thursday, May 22nd will be given a dividend of $0.147 per share. The ex-dividend date is Thursday, May 22nd. This represents a $0.59 dividend on an annualized basis and a yield of 8.94%. GeoPark’s dividend payout ratio (DPR) is 32.22%.

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.