Militia Capital Partners LP Grows Position in Geopark Ltd $GPRK

Militia Capital Partners LP raised its holdings in shares of Geopark Ltd (NYSE:GPRK) by 37.2% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 290,447 shares of the oil and gas company’s stock after purchasing an additional 78,724 shares during the quarter. Geopark makes up approximately 1.9% of Militia Capital Partners LP’s portfolio, making the stock its 14th largest holding. Militia Capital Partners LP owned 0.57% of Geopark worth $2,347,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in GPRK. Goldman Sachs Group Inc. increased its position in shares of Geopark by 94.2% during the first quarter. Goldman Sachs Group Inc. now owns 365,825 shares of the oil and gas company’s stock valued at $2,956,000 after buying an additional 177,496 shares during the period. Millennium Management LLC increased its position in shares of Geopark by 139.9% during the first quarter. Millennium Management LLC now owns 594,154 shares of the oil and gas company’s stock valued at $4,801,000 after buying an additional 346,521 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in shares of Geopark by 115.2% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 284,962 shares of the oil and gas company’s stock valued at $2,302,000 after buying an additional 152,520 shares during the period. Cubist Systematic Strategies LLC increased its position in shares of Geopark by 153.4% during the first quarter. Cubist Systematic Strategies LLC now owns 129,771 shares of the oil and gas company’s stock valued at $1,049,000 after buying an additional 78,566 shares during the period. Finally, Apis Capital Advisors LLC bought a new stake in shares of Geopark during the first quarter valued at about $517,000. 68.21% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several research firms recently weighed in on GPRK. Wall Street Zen upgraded shares of Geopark from a “sell” rating to a “hold” rating in a research report on Friday, September 5th. Santander assumed coverage on shares of Geopark in a research report on Friday, August 29th. They issued an “outperform” rating on the stock. Two investment analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the company currently has an average rating of “Buy” and a consensus target price of $11.00.

Geopark Stock Down 1.0%

Shares of NYSE GPRK opened at $6.41 on Friday. Geopark Ltd has a one year low of $5.66 and a one year high of $11.72. The company has a debt-to-equity ratio of 2.92, a current ratio of 2.47 and a quick ratio of 2.42. The firm’s 50 day simple moving average is $6.63 and its two-hundred day simple moving average is $6.96. The stock has a market capitalization of $328.26 million, a P/E ratio of 7.72 and a beta of 0.83.

Geopark (NYSE:GPRK) last issued its quarterly earnings results on Tuesday, August 5th. The oil and gas company reported $0.27 EPS for the quarter, beating analysts’ consensus estimates of $0.15 by $0.12. Geopark had a net margin of 7.70% and a return on equity of 35.65%. The business had revenue of $119.80 million for the quarter, compared to analysts’ expectations of $123.00 million. As a group, analysts expect that Geopark Ltd will post 1.97 EPS for the current fiscal year.

Geopark Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, September 4th. Stockholders of record on Tuesday, August 19th were paid a dividend of $0.147 per share. This represents a $0.59 dividend on an annualized basis and a dividend yield of 9.2%. The ex-dividend date of this dividend was Tuesday, August 19th. Geopark’s dividend payout ratio is 71.08%.

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.