Blue Trust Inc. Buys Shares of 4,890 GeoPark Limited (NYSE:GPRK)

Blue Trust Inc. bought a new stake in GeoPark Limited (NYSE:GPRK) in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 4,890 shares of the oil and gas company’s stock, valued at approximately $38,000.

Several other institutional investors and hedge funds also recently made changes to their positions in the stock. EverSource Wealth Advisors LLC acquired a new position in GeoPark during the first quarter worth $28,000. Employees Retirement System of Texas bought a new position in shares of GeoPark in the second quarter valued at about $34,000. nVerses Capital LLC bought a new position in shares of GeoPark in the second quarter valued at about $35,000. Virtu Financial LLC bought a new position in shares of GeoPark in the first quarter valued at about $192,000. Finally, Commonwealth Equity Services LLC bought a new position in shares of GeoPark in the second quarter valued at about $244,000. Institutional investors and hedge funds own 68.21% of the company’s stock.

GeoPark Price Performance

NYSE:GPRK opened at $7.78 on Friday. GeoPark Limited has a 52 week low of $7.24 and a 52 week high of $11.25. The firm has a market cap of $431.32 million, a price-to-earnings ratio of 4.03 and a beta of 1.32. The firm’s 50-day simple moving average is $8.16 and its 200 day simple moving average is $9.35. 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 (NYSE:GPRK) last released its quarterly earnings results on Wednesday, August 14th. The oil and gas company reported $0.48 EPS for the quarter, missing analysts’ consensus estimates of $0.78 by ($0.30). GeoPark had a return on equity of 60.77% and a net margin of 14.28%. The business had revenue of $190.20 million for the quarter, compared to the consensus estimate of $182.74 million. As a group, sell-side analysts predict that GeoPark Limited will post 3.09 earnings per share for the current year.

GeoPark Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, September 12th. Shareholders of record on Thursday, August 29th were issued a $0.147 dividend. This represents a $0.59 annualized dividend and a yield of 7.56%. The ex-dividend date of this dividend was Thursday, August 29th. GeoPark’s dividend payout ratio is currently 30.05%.

Wall Street Analyst Weigh In

Several brokerages have recently weighed in on GPRK. StockNews.com lowered shares of GeoPark from a “strong-buy” rating to a “buy” rating in a research report on Monday, October 28th. JPMorgan Chase & Co. dropped their price objective on shares of GeoPark from $12.00 to $11.00 and set an “overweight” rating on the stock in a research report on Wednesday.

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.