William Blair Investment Management LLC increased its position in shares of Gulfport Energy Corporation (NASDAQ:GPOR) by 15.2% during the second quarter, according to its most recent Form 13F filing with the SEC. The fund owned 210,610 shares of the oil and gas producer’s stock after buying an additional 27,860 shares during the period. William Blair Investment Management LLC owned about 0.12% of Gulfport Energy Corporation worth $3,106,000 as of its most recent SEC filing.

A number of other large investors also recently made changes to their positions in GPOR. Zurcher Kantonalbank Zurich Cantonalbank raised its position in Gulfport Energy Corporation by 54.9% in the first quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 6,044 shares of the oil and gas producer’s stock worth $104,000 after buying an additional 2,143 shares in the last quarter. Elkfork Partners LLC raised its position in Gulfport Energy Corporation by 38.4% in the first quarter. Elkfork Partners LLC now owns 6,666 shares of the oil and gas producer’s stock worth $115,000 after buying an additional 1,848 shares in the last quarter. Meadow Creek Investment Management LLC raised its position in Gulfport Energy Corporation by 38.4% in the first quarter. Meadow Creek Investment Management LLC now owns 8,484 shares of the oil and gas producer’s stock worth $146,000 after buying an additional 2,352 shares in the last quarter. World Asset Management Inc acquired a new position in Gulfport Energy Corporation during the second quarter worth approximately $150,000. Finally, Glen Harbor Capital Management LLC raised its position in Gulfport Energy Corporation by 38.4% in the first quarter. Glen Harbor Capital Management LLC now owns 10,302 shares of the oil and gas producer’s stock worth $177,000 after buying an additional 2,856 shares in the last quarter. 86.78% of the stock is owned by hedge funds and other institutional investors.

Gulfport Energy Corporation (NASDAQ:GPOR) opened at 12.00 on Monday. The firm’s market capitalization is $2.19 billion. Gulfport Energy Corporation has a 12 month low of $10.90 and a 12 month high of $30.47. The firm’s 50-day moving average is $12.66 and its 200 day moving average is $15.30.

Gulfport Energy Corporation (NASDAQ:GPOR) last released its earnings results on Tuesday, August 8th. The oil and gas producer reported $0.33 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.25 by $0.08. Gulfport Energy Corporation had a negative net margin of 15.02% and a positive return on equity of 7.42%. The company had revenue of $323.90 million for the quarter, compared to the consensus estimate of $279.59 million. During the same period in the prior year, the company posted $0.24 EPS. The company’s revenue was up 1052.7% compared to the same quarter last year. Equities analysts predict that Gulfport Energy Corporation will post $1.43 earnings per share for the current year.

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A number of research firms have commented on GPOR. Piper Jaffray Companies restated an “overweight” rating and issued a $21.00 price objective (down from $22.00) on shares of Gulfport Energy Corporation in a research note on Tuesday, August 22nd. Stifel Nicolaus dropped their price objective on shares of Gulfport Energy Corporation from $21.00 to $18.00 and set a “buy” rating on the stock in a research note on Monday, August 14th. BidaskClub upgraded shares of Gulfport Energy Corporation from a “sell” rating to a “hold” rating in a research note on Saturday, August 12th. Williams Capital set a $21.00 price objective on shares of Gulfport Energy Corporation and gave the company a “buy” rating in a research note on Wednesday, August 9th. Finally, Zacks Investment Research lowered shares of Gulfport Energy Corporation from a “buy” rating to a “hold” rating in a research note on Wednesday, July 26th. One analyst has rated the stock with a sell rating, eight have issued a hold rating and nineteen have issued a buy rating to the stock. Gulfport Energy Corporation has an average rating of “Buy” and a consensus price target of $25.14.

About Gulfport Energy Corporation

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.

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

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