GeoPark Limited (NYSE:GPRK) Stock Holdings Decreased by Marshall Wace LLP

Marshall Wace LLP decreased its stake in shares of GeoPark Limited (NYSE:GPRK) by 40.3% during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 231,220 shares of the oil and gas company’s stock after selling 156,223 shares during the period. Marshall Wace LLP owned about 0.42% of GeoPark worth $2,532,000 as of its most recent filing with the SEC.

Other hedge funds have also bought and sold shares of the company. EverSource Wealth Advisors LLC bought a new position in GeoPark during the 1st quarter worth approximately $28,000. nVerses Capital LLC bought a new position in GeoPark during the second quarter worth $35,000. Virtu Financial LLC acquired a new position in GeoPark in the first quarter worth $192,000. Commonwealth Equity Services LLC bought a new stake in GeoPark during the second quarter valued at $244,000. Finally, Stokes Family Office LLC acquired a new stake in shares of GeoPark during the first quarter worth $302,000. 68.21% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of equities research analysts recently weighed in on the stock. JPMorgan Chase & Co. boosted their price objective on shares of GeoPark from $11.50 to $12.00 and gave the company an “overweight” rating in a research report on Wednesday, September 25th. StockNews.com raised GeoPark from a “buy” rating to a “strong-buy” rating in a report on Friday.

GeoPark Stock Performance

Shares of GPRK opened at $8.41 on Friday. The company has a debt-to-equity ratio of 2.83, a quick ratio of 1.10 and a current ratio of 1.16. GeoPark Limited has a 1 year low of $7.24 and a 1 year high of $11.25. The firm has a fifty day moving average of $8.62 and a 200-day moving average of $9.56. The company has a market cap of $465.31 million, a price-to-earnings ratio of 4.12 and a beta of 1.32.

GeoPark (NYSE:GPRK) last posted its earnings results on Wednesday, August 14th. The oil and gas company reported $0.48 EPS for the quarter, missing the consensus estimate of $0.78 by ($0.30). The firm had revenue of $190.20 million during the quarter, compared to the consensus estimate of $182.74 million. GeoPark had a return on equity of 60.77% and a net margin of 14.28%. As a group, equities analysts anticipate that GeoPark Limited will post 3.18 earnings per share for the current year.

GeoPark Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, September 12th. Shareholders of record on Thursday, August 29th were paid a dividend of $0.147 per share. This represents a $0.59 annualized dividend and a yield of 6.99%. The ex-dividend date was Thursday, August 29th. GeoPark’s payout ratio is currently 28.43%.

About GeoPark

GeoPark Limited engages in the exploration, development, and production of oil and gas reserves in Chile, Colombia, Brazil, Argentina, and Ecuador. GeoPark Limited has a strategic partnership with ONGC Videsh to jointly acquire, invest in, and create value from upstream oil and gas projects across Latin America.