PNC Financial Services Group Inc. boosted its position in shares of Gulfport Energy Corporation (NASDAQ:GPOR) by 13.6% during the first quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 21,196 shares of the oil and gas producer’s stock after buying an additional 2,532 shares during the period. PNC Financial Services Group Inc.’s holdings in Gulfport Energy Corporation were worth $365,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. FMR LLC boosted its position in Gulfport Energy Corporation by 180.7% in the fourth quarter. FMR LLC now owns 263,282 shares of the oil and gas producer’s stock worth $5,697,000 after buying an additional 169,500 shares during the period. Credit Agricole S A boosted its position in Gulfport Energy Corporation by 90.1% in the fourth quarter. Credit Agricole S A now owns 46,398 shares of the oil and gas producer’s stock worth $1,004,000 after buying an additional 21,993 shares during the period. Guggenheim Capital LLC boosted its position in Gulfport Energy Corporation by 3.8% in the fourth quarter. Guggenheim Capital LLC now owns 209,032 shares of the oil and gas producer’s stock worth $4,523,000 after buying an additional 7,567 shares during the period. AQR Capital Management LLC boosted its position in Gulfport Energy Corporation by 30.0% in the fourth quarter. AQR Capital Management LLC now owns 28,800 shares of the oil and gas producer’s stock worth $623,000 after buying an additional 6,643 shares during the period. Finally, Thrivent Financial for Lutherans boosted its position in Gulfport Energy Corporation by 17.6% in the fourth quarter. Thrivent Financial for Lutherans now owns 45,840 shares of the oil and gas producer’s stock worth $992,000 after buying an additional 6,850 shares during the period. Institutional investors own 88.47% of the company’s stock.

Shares of Gulfport Energy Corporation (NASDAQ:GPOR) traded down 2.05% during trading on Tuesday, hitting $11.00. 4,774,885 shares of the stock traded hands. The firm’s market capitalization is $2.01 billion. The firm has a 50-day moving average of $13.57 and a 200-day moving average of $16.32. Gulfport Energy Corporation has a 1-year low of $10.90 and a 1-year high of $30.47.

Gulfport Energy Corporation (NASDAQ:GPOR) last posted its quarterly earnings results on Tuesday, August 8th. The oil and gas producer reported $0.33 EPS for the quarter, topping analysts’ consensus estimates of $0.26 by $0.07. The company had revenue of $323.90 million during the quarter, compared to analyst estimates of $279.59 million. The company’s revenue for the quarter was up 1052.7% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.24 earnings per share. On average, equities analysts forecast that Gulfport Energy Corporation will post $1.29 earnings per share for the current year.

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A number of research analysts have recently issued reports on GPOR shares. Williams Capital reiterated a “buy” rating and issued a $28.00 target price on shares of Gulfport Energy Corporation in a research note on Wednesday, April 19th. Royal Bank Of Canada reissued a “buy” rating and issued a $29.00 price target on shares of Gulfport Energy Corporation in a report on Friday, April 21st. Barclays PLC reissued an “overweight” rating and issued a $28.00 price target (down previously from $30.00) on shares of Gulfport Energy Corporation in a report on Saturday, April 22nd. Scotiabank set a $29.00 price target on shares of Gulfport Energy Corporation and gave the company a “buy” rating in a report on Monday, May 8th. Finally, Jefferies Group LLC reissued a “buy” rating and issued a $20.00 price target on shares of Gulfport Energy Corporation in a report on Wednesday, May 17th. Two equities research analysts have rated the stock with a sell rating, seven have given a hold rating and twenty have assigned a buy rating to the company. The company has an average rating of “Buy” and an average target price of $25.91.

Gulfport Energy Corporation Company Profile

Gulfport Energy Corporation is an oil and natural gas exploration and production company. The Company focuses on the exploitation and acquisition of natural gas, natural gas liquids and crude oil in the United States. The Company’s properties are located in the Utica Shale in Eastern Ohio and along the Louisiana Gulf Coast in the West Cote Blanche Bay (WCBB) and Hackberry fields.

Institutional Ownership by Quarter for Gulfport Energy Corporation (NASDAQ:GPOR)

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