GSA Capital Partners LLP Acquires 82,459 Shares of GeoPark Limited (NYSE:GPRK)

GSA Capital Partners LLP grew its holdings in GeoPark Limited (NYSE:GPRK) by 61.7% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 216,084 shares of the oil and gas company’s stock after acquiring an additional 82,459 shares during the period. GSA Capital Partners LLP owned 0.39% of GeoPark worth $1,701,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in GPRK. Quadrature Capital Ltd grew its position in GeoPark by 40.6% in the first quarter. Quadrature Capital Ltd now owns 85,080 shares of the oil and gas company’s stock worth $817,000 after acquiring an additional 24,555 shares in the last quarter. Virtu Financial LLC bought a new stake in GeoPark in the first quarter worth approximately $192,000. EverSource Wealth Advisors LLC bought a new stake in GeoPark in the first quarter worth approximately $28,000. Annex Advisory Services LLC bought a new stake in GeoPark in the second quarter worth approximately $594,000. Finally, Liontrust Investment Partners LLP acquired a new stake in shares of GeoPark in the second quarter worth $460,000. 68.21% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of brokerages have recently weighed in on GPRK. StockNews.com cut shares of GeoPark from a “strong-buy” rating to a “buy” rating in a research note on Monday, October 28th. JPMorgan Chase & Co. reduced their price objective on shares of GeoPark from $12.00 to $11.00 and set an “overweight” rating for the company in a research note on Wednesday, October 30th.

GeoPark Price Performance

NYSE:GPRK opened at $8.20 on Wednesday. The stock has a market cap of $419.51 million, a P/E ratio of 4.15 and a beta of 1.31. GeoPark Limited has a one year low of $7.24 and a one year high of $11.25. The company has a fifty day moving average price of $8.03 and a 200 day moving average price of $9.27. The company has a debt-to-equity ratio of 2.53, a current ratio of 1.28 and a quick ratio of 1.10.

GeoPark (NYSE:GPRK) last released its earnings results on Wednesday, November 6th. The oil and gas company reported $0.48 EPS for the quarter, missing the consensus estimate of $0.59 by ($0.11). The company had revenue of $159.50 million for the quarter, compared to analyst estimates of $156.99 million. GeoPark had a net margin of 14.97% and a return on equity of 57.93%. Analysts anticipate that GeoPark Limited will post 2.95 earnings per share for the current year.

GeoPark Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, December 6th. Stockholders of record on Thursday, November 21st will be paid a $0.147 dividend. This represents a $0.59 dividend on an annualized basis and a dividend yield of 7.17%. The ex-dividend date is Thursday, November 21st. GeoPark’s dividend payout ratio is 29.95%.

GeoPark Company 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.