Jafra Capital Management LP bought a new stake in shares of Gulfport Energy Co. (NASDAQ:GPOR) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm bought 183,752 shares of the oil and gas producer’s stock, valued at approximately $2,310,000.

Other large investors have also bought and sold shares of the company. Acadian Asset Management LLC acquired a new stake in shares of Gulfport Energy during the 2nd quarter valued at about $101,000. Element Capital Management LLC acquired a new stake in shares of Gulfport Energy during the 1st quarter valued at about $140,000. Sigma Planning Corp acquired a new stake in shares of Gulfport Energy during the 2nd quarter valued at about $154,000. Campbell & CO Investment Adviser LLC acquired a new stake in shares of Gulfport Energy during the 2nd quarter valued at about $170,000. Finally, KBC Group NV acquired a new stake in shares of Gulfport Energy during the 1st quarter valued at about $205,000. Hedge funds and other institutional investors own 97.38% of the company’s stock.

GPOR opened at $10.71 on Friday. The company has a debt-to-equity ratio of 0.67, a quick ratio of 0.53 and a current ratio of 0.53. Gulfport Energy Co. has a 1-year low of $8.11 and a 1-year high of $15.08. The company has a market capitalization of $1.83 billion, a price-to-earnings ratio of 6.36, a price-to-earnings-growth ratio of 0.34 and a beta of 0.35.

Gulfport Energy (NASDAQ:GPOR) last released its earnings results on Wednesday, August 1st. The oil and gas producer reported $0.33 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.28 by $0.05. Gulfport Energy had a net margin of 30.30% and a return on equity of 9.69%. The business had revenue of $252.74 million for the quarter, compared to analyst estimates of $329.40 million. During the same period last year, the company posted $0.33 EPS. The business’s revenue was down 22.0% on a year-over-year basis. sell-side analysts forecast that Gulfport Energy Co. will post 1.54 EPS for the current fiscal year.

In other Gulfport Energy news, VP Steve Baldwin sold 10,000 shares of the firm’s stock in a transaction that occurred on Tuesday, June 19th. The shares were sold at an average price of $11.00, for a total value of $110,000.00. Following the transaction, the vice president now directly owns 40,918 shares of the company’s stock, valued at approximately $450,098. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Company insiders own 0.32% of the company’s stock.

GPOR has been the topic of a number of analyst reports. BidaskClub upgraded Gulfport Energy from a “sell” rating to a “hold” rating in a research report on Thursday, May 17th. Williams Capital reaffirmed a “buy” rating and issued a $16.00 price target on shares of Gulfport Energy in a research note on Wednesday, May 23rd. Stifel Nicolaus started coverage on shares of Gulfport Energy in a research note on Wednesday, May 23rd. They issued a “buy” rating and a $13.40 price target on the stock. KeyCorp decreased their price target on shares of Gulfport Energy from $15.00 to $13.00 and set a “buy” rating on the stock in a research note on Thursday, May 24th. Finally, Morgan Stanley raised their price target on shares of Gulfport Energy from $7.00 to $9.00 and gave the company an “underweight” rating in a research note on Thursday, May 24th. Four analysts have rated the stock with a sell rating, five have given a hold rating and fourteen have given a buy rating to the company’s stock. The stock has an average rating of “Hold” and an average target price of $15.40.

Gulfport Energy Profile

Gulfport Energy Corporation engages in the acquisition, exploration, exploitation, and production of natural gas, crude oil, and natural gas liquids (NGLs) in the United States. Its principal properties are located in the Utica Shale primarily in Eastern Ohio; and the SCOOP Woodford and SCOOP Springer plays in Oklahoma.

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

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