Geopark Ltd (NYSE:GPRK - Get Free Report) Director James Franklin Park sold 100,000 shares of the business's stock in a transaction on Monday, April 20th. The shares were sold at an average price of $8.83, for a total transaction of $883,000.00. Following the transaction, the director directly owned 912,118 shares of the company's stock, valued at approximately $8,054,001.94. This trade represents a 9.88% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at the SEC website.
Geopark Stock Performance
Shares of GPRK opened at $9.25 on Thursday. Geopark Ltd has a 1 year low of $5.75 and a 1 year high of $10.34. The company has a market cap of $478.03 million, a price-to-earnings ratio of 9.84 and a beta of 0.35. The company has a debt-to-equity ratio of 2.18, a quick ratio of 1.51 and a current ratio of 1.60. The firm has a fifty day moving average of $8.92 and a 200-day moving average of $8.01.
Geopark (NYSE:GPRK - Get Free Report) last announced its quarterly earnings results on Tuesday, March 31st. The oil and gas company reported $0.59 earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.01) by $0.60. Geopark had a net margin of 10.09% and a return on equity of 39.05%. The company had revenue of $110.29 million during the quarter, compared to the consensus estimate of $103.92 million.
Geopark Announces Dividend
The company also recently declared a quarterly dividend, which was paid on Tuesday, March 31st. Stockholders of record on Wednesday, March 11th were issued a dividend of $0.03 per share. The ex-dividend date of this dividend was Wednesday, March 11th. This represents a $0.12 annualized dividend and a dividend yield of 1.3%. Geopark's payout ratio is 12.77%.
Analyst Upgrades and Downgrades
Several brokerages have recently issued reports on GPRK. Weiss Ratings raised shares of Geopark from a "hold (c-)" rating to a "hold (c)" rating in a report on Tuesday. Jefferies Financial Group reissued a "buy" rating and set a $11.50 price target on shares of Geopark in a report on Thursday, March 5th. Finally, Zacks Research raised shares of Geopark to a "hold" rating in a report on Thursday, January 1st. Two equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus target price of $11.50.
View Our Latest Stock Report on Geopark
Institutional Investors Weigh In On Geopark
Several institutional investors have recently bought and sold shares of GPRK. VR Advisory Services Ltd lifted its holdings in Geopark by 370.9% in the fourth quarter. VR Advisory Services Ltd now owns 1,105,201 shares of the oil and gas company's stock worth $8,190,000 after purchasing an additional 870,516 shares during the period. Vennlight Capital Management LP acquired a new stake in Geopark in the fourth quarter worth about $5,854,000. UBS Group AG lifted its holdings in Geopark by 81.5% in the third quarter. UBS Group AG now owns 981,131 shares of the oil and gas company's stock worth $6,250,000 after purchasing an additional 440,706 shares during the period. Aventail Capital Group LP acquired a new stake in Geopark in the fourth quarter worth about $3,164,000. Finally, Millennium Management LLC lifted its holdings in Geopark by 139.9% in the first quarter. Millennium Management LLC now owns 594,154 shares of the oil and gas company's stock worth $4,801,000 after purchasing an additional 346,521 shares during the period. Institutional investors and hedge funds own 68.21% of the company's stock.
About Geopark
(
Get Free Report)
Geopark Ltd. (NYSE:GPRK) is an independent oil and gas exploration and production company focused on Latin America. Founded in 2002 and with corporate offices in Canada and regional headquarters in Bogotá, Colombia, Geopark pursues the discovery and development of unconventional and conventional hydrocarbon resources. The company's strategy emphasizes asset consolidation in established basins alongside disciplined capital allocation to maximize production efficiency.
The company's core operations are centered in Colombia's Llanos Basin, where it holds interests in several producing blocks that deliver light crude oil to local and export markets.
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