GeoPark Limited (NYSE:GPRK) Shares Bought by Arrowstreet Capital Limited Partnership

Arrowstreet Capital Limited Partnership increased its holdings in shares of GeoPark Limited (NYSE:GPRK) by 43.2% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 223,867 shares of the oil and gas company’s stock after purchasing an additional 67,573 shares during the quarter. Arrowstreet Capital Limited Partnership owned approximately 0.44% of GeoPark worth $2,075,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of GPRK. JPMorgan Chase & Co. grew its position in GeoPark by 55.1% during the fourth quarter. JPMorgan Chase & Co. now owns 339,337 shares of the oil and gas company’s stock worth $3,146,000 after buying an additional 120,518 shares during the period. Banco BTG Pactual S.A. grew its holdings in shares of GeoPark by 16.7% during the 4th quarter. Banco BTG Pactual S.A. now owns 15,000 shares of the oil and gas company’s stock worth $152,000 after purchasing an additional 2,143 shares during the period. Fox Run Management L.L.C. boosted its position in GeoPark by 17.0% during the 4th quarter. Fox Run Management L.L.C. now owns 13,855 shares of the oil and gas company’s stock worth $128,000 after purchasing an additional 2,009 shares during the period. Sei Investments Co. grew its position in GeoPark by 50.7% in the fourth quarter. Sei Investments Co. now owns 15,370 shares of the oil and gas company’s stock valued at $142,000 after acquiring an additional 5,171 shares in the last quarter. Finally, Quantbot Technologies LP grew its stake in shares of GeoPark by 1,274.7% during the fourth quarter. Quantbot Technologies LP now owns 56,210 shares of the oil and gas company’s stock valued at $521,000 after acquiring an additional 52,121 shares in the last quarter. 68.21% of the stock is owned by hedge funds and other institutional investors.

GeoPark Stock Down 8.1 %

GPRK opened at $6.05 on Friday. 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 Limited has a fifty-two week low of $5.66 and a fifty-two week high of $11.72. The business has a 50-day moving average of $8.04 and a 200-day moving average of $8.78. The company has a market capitalization of $309.79 million, a PE ratio of 3.07 and a beta of 0.93.

GeoPark (NYSE:GPRK) last released its earnings results on Wednesday, March 5th. The oil and gas company reported $0.30 earnings per share for the quarter, missing the consensus estimate of $0.73 by ($0.43). The company had revenue of $143.70 million during the quarter, compared to the consensus estimate of $141.00 million. GeoPark had a net margin of 14.97% and a return on equity of 57.93%. Equities research analysts forecast that GeoPark Limited will post 1.97 EPS for the current fiscal year.

GeoPark Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, March 31st. Stockholders of record on Wednesday, March 19th were given a $0.147 dividend. The ex-dividend date of this dividend was Wednesday, March 19th. This represents a $0.59 annualized dividend and a dividend yield of 9.73%. GeoPark’s dividend payout ratio is currently 32.22%.

Analysts Set New Price Targets

Separately, StockNews.com raised shares of GeoPark from a “hold” rating to a “buy” rating in a research report on Friday, March 14th.

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.