Zurcher Kantonalbank Zurich Cantonalbank lifted its stake in Gulfport Energy Corporation (NASDAQ:GPOR) by 11.8% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 6,756 shares of the oil and gas producer’s stock after buying an additional 712 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank’s holdings in Gulfport Energy Corporation were worth $100,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently modified their holdings of the company. TIAA CREF Investment Management LLC boosted its stake in shares of Gulfport Energy Corporation by 7.6% in the first quarter. TIAA CREF Investment Management LLC now owns 436,077 shares of the oil and gas producer’s stock valued at $7,496,000 after buying an additional 30,726 shares during the period. Geode Capital Management LLC boosted its stake in shares of Gulfport Energy Corporation by 18.8% in the first quarter. Geode Capital Management LLC now owns 1,340,493 shares of the oil and gas producer’s stock valued at $23,043,000 after buying an additional 211,708 shares during the period. Arizona State Retirement System boosted its stake in shares of Gulfport Energy Corporation by 1.5% in the second quarter. Arizona State Retirement System now owns 67,100 shares of the oil and gas producer’s stock valued at $990,000 after buying an additional 1,000 shares during the period. Tocqueville Asset Management L.P. boosted its stake in shares of Gulfport Energy Corporation by 65.6% in the second quarter. Tocqueville Asset Management L.P. now owns 25,750 shares of the oil and gas producer’s stock valued at $380,000 after buying an additional 10,200 shares during the period. Finally, Northwestern Mutual Investment Management Company LLC boosted its stake in shares of Gulfport Energy Corporation by 2.8% in the first quarter. Northwestern Mutual Investment Management Company LLC now owns 27,372 shares of the oil and gas producer’s stock valued at $471,000 after buying an additional 756 shares during the period. Institutional investors and hedge funds own 86.65% of the company’s stock.

Gulfport Energy Corporation (NASDAQ GPOR) opened at 14.31 on Tuesday. The firm’s market capitalization is $2.62 billion. Gulfport Energy Corporation has a one year low of $10.90 and a one year high of $30.47. The stock’s 50 day moving average is $12.27 and its 200 day moving average is $14.51.

Gulfport Energy Corporation (NASDAQ:GPOR) last posted its quarterly earnings data on Tuesday, August 8th. The oil and gas producer reported $0.33 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.25 by $0.08. The firm had revenue of $323.90 million for the quarter, compared to analysts’ expectations of $279.59 million. Gulfport Energy Corporation had a negative net margin of 15.02% and a positive return on equity of 7.42%. The business’s quarterly revenue was up 1052.7% on a year-over-year basis. During the same quarter last year, the company posted $0.24 EPS. On average, equities research analysts predict that Gulfport Energy Corporation will post $1.40 earnings per share for the current fiscal year.

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Several equities research analysts recently issued reports on GPOR shares. Piper Jaffray Companies reiterated an “overweight” rating and issued a $21.00 price target (down from $22.00) on shares of Gulfport Energy Corporation in a research note on Tuesday, August 22nd. ValuEngine cut Gulfport Energy Corporation from a “buy” rating to a “hold” rating in a research note on Friday, June 2nd. BidaskClub upgraded 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 target on Gulfport Energy Corporation and gave the company a “buy” rating in a research note on Monday, July 31st. Finally, Imperial Capital started coverage on Gulfport Energy Corporation in a research note on Tuesday, September 19th. They issued an “outperform” rating and a $19.00 price target for the company. One analyst has rated the stock with a sell rating, eight have assigned a hold rating and twenty-one have issued a buy rating to the company’s stock. The company currently has an average rating of “Buy” and an average price target of $24.46.

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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