37,390 Shares in GeoPark Limited (NYSE:GPRK) Acquired by Dynamic Technology Lab Private Ltd

Dynamic Technology Lab Private Ltd acquired a new position in shares of GeoPark Limited (NYSE:GPRK) during the 3rd quarter, Holdings Channel.com reports. The firm acquired 37,390 shares of the oil and gas company’s stock, valued at approximately $294,000.

A number of other institutional investors and hedge funds have also bought and sold shares of the company. Acadian Asset Management LLC boosted its stake in shares of GeoPark by 3,251.7% during the second quarter. Acadian Asset Management LLC now owns 379,483 shares of the oil and gas company’s stock valued at $4,139,000 after purchasing an additional 368,161 shares in the last quarter. Mackenzie Financial Corp bought a new stake in GeoPark during the 2nd quarter valued at $2,929,000. Principal Financial Group Inc. purchased a new position in shares of GeoPark in the 2nd quarter valued at $2,261,000. Deltec Asset Management LLC raised its position in shares of GeoPark by 997.3% in the 3rd quarter. Deltec Asset Management LLC now owns 131,678 shares of the oil and gas company’s stock worth $1,036,000 after acquiring an additional 119,678 shares in the last quarter. Finally, GSA Capital Partners LLP lifted its stake in shares of GeoPark by 61.7% during the 3rd quarter. GSA Capital Partners LLP now owns 216,084 shares of the oil and gas company’s stock worth $1,701,000 after purchasing an additional 82,459 shares during the last quarter. 68.21% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of equities analysts have commented on the stock. StockNews.com downgraded shares of GeoPark from a “strong-buy” rating to a “buy” rating in a report 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 Trading Up 6.8 %

Shares of NYSE:GPRK opened at $9.70 on Monday. The company has a debt-to-equity ratio of 2.53, a current ratio of 1.28 and a quick ratio of 1.23. The firm has a market capitalization of $496.25 million, a P/E ratio of 4.92 and a beta of 1.31. The business’s 50-day moving average is $8.28 and its 200 day moving average is $9.18. GeoPark Limited has a 1 year low of $7.24 and a 1 year high of $11.25.

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 analysts’ consensus estimates of $0.59 by ($0.11). The company had revenue of $159.50 million during the quarter, compared to analyst estimates of $156.99 million. GeoPark had a return on equity of 57.93% and a net margin of 14.97%. On average, research analysts predict that GeoPark Limited will post 2.95 earnings per share for the current fiscal year.

GeoPark Announces Dividend

The company 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 annualized dividend and a dividend yield of 6.06%. The ex-dividend date is Thursday, November 21st. GeoPark’s 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.