Barclays PLC Acquires 6,875 Shares of Gran Tierra Energy Inc. (NYSE:GTE)

Barclays PLC boosted its holdings in Gran Tierra Energy Inc. (NYSE:GTE) by 25.6% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 33,755 shares of the company’s stock after acquiring an additional 6,875 shares during the period. Barclays PLC owned 0.11% of Gran Tierra Energy worth $211,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also added to or reduced their stakes in the business. PDT Partners LLC grew its holdings in shares of Gran Tierra Energy by 13.1% during the 3rd quarter. PDT Partners LLC now owns 60,653 shares of the company’s stock worth $380,000 after purchasing an additional 7,030 shares in the last quarter. Quarry LP acquired a new stake in Gran Tierra Energy in the third quarter valued at about $52,000. Dimensional Fund Advisors LP boosted its stake in Gran Tierra Energy by 5.1% in the second quarter. Dimensional Fund Advisors LP now owns 206,579 shares of the company’s stock valued at $1,998,000 after buying an additional 10,000 shares in the last quarter. Centiva Capital LP acquired a new stake in Gran Tierra Energy in the third quarter valued at about $73,000. Finally, Exchange Traded Concepts LLC boosted its stake in Gran Tierra Energy by 40.2% in the third quarter. Exchange Traded Concepts LLC now owns 48,412 shares of the company’s stock valued at $304,000 after buying an additional 13,874 shares in the last quarter. Institutional investors own 31.70% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, StockNews.com raised Gran Tierra Energy from a “hold” rating to a “buy” rating in a research note on Wednesday, November 27th.

Gran Tierra Energy Trading Down 3.2 %

NYSE GTE opened at $7.48 on Tuesday. The company has a market cap of $229.27 million, a price-to-earnings ratio of 5.23 and a beta of 1.53. Gran Tierra Energy Inc. has a 52 week low of $4.72 and a 52 week high of $10.40. The business has a 50 day moving average price of $6.63 and a 200-day moving average price of $7.40. The company has a quick ratio of 1.19, a current ratio of 1.31 and a debt-to-equity ratio of 1.71.

Insiders Place Their Bets

In other Gran Tierra Energy news, Director Ronald Royal sold 19,967 shares of the business’s stock in a transaction on Monday, December 2nd. The stock was sold at an average price of $6.88, for a total value of $137,372.96. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Insiders own 6.45% of the company’s stock.

Gran Tierra Energy Company Profile

Gran Tierra Energy Inc, together with its subsidiaries, engages in the exploration and production of oil and gas properties in Colombia and Ecuador. The company was founded in 2003 and is headquartered in Calgary, Canada.