Quantbot Technologies LP Invests $35,000 in Gran Tierra Energy Inc. (NYSE:GTE)

Quantbot Technologies LP purchased a new position in shares of Gran Tierra Energy Inc. (NYSE:GTE) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 4,868 shares of the company’s stock, valued at approximately $35,000.

Other institutional investors also recently added to or reduced their stakes in the company. Barclays PLC grew its position in shares of Gran Tierra Energy by 25.6% during the third quarter. Barclays PLC now owns 33,755 shares of the company’s stock worth $211,000 after acquiring an additional 6,875 shares during the last quarter. Private Trust Co. NA acquired a new stake in Gran Tierra Energy during the 4th quarter worth $51,000. PDT Partners LLC grew its position in 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 during the last quarter. Quarry LP acquired a new position in Gran Tierra Energy in the third quarter valued at $52,000. Finally, R Squared Ltd purchased a new stake in shares of Gran Tierra Energy in the fourth quarter valued at about $68,000. Institutional investors and hedge funds own 31.70% of the company’s stock.

Wall Street Analysts Forecast Growth

Separately, StockNews.com downgraded Gran Tierra Energy from a “buy” rating to a “hold” rating in a report on Tuesday, February 25th.

Gran Tierra Energy Trading Up 1.0 %

Shares of GTE stock opened at $4.98 on Wednesday. The business’s fifty day moving average price is $5.28 and its 200 day moving average price is $6.17. The firm has a market capitalization of $178.73 million, a PE ratio of 3.48 and a beta of 1.45. The company has a debt-to-equity ratio of 1.71, a current ratio of 1.31 and a quick ratio of 1.19. Gran Tierra Energy Inc. has a 1-year low of $4.13 and a 1-year high of $10.40.

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.