Geopark (NYSE:GPRK) Rating Lowered to Hold at Wall Street Zen

Geopark (NYSE:GPRK) was downgraded by stock analysts at Wall Street Zen from a “buy” rating to a “hold” rating in a note issued to investors on Saturday, Wall Street Zen reports.

Other equities analysts have also issued research reports about the stock. Weiss Ratings reiterated a “hold (c)” rating on shares of Geopark in a research report on Thursday, October 15th. Jefferies Financial Group boosted their price target on shares of Geopark from $12.00 to $13.50 and gave the stock a “buy” rating in a research report on Thursday, October 22nd. One equities research analyst has rated the stock with a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $13.50.

Geopark Trading Up 0.0%

NYSE:GPRK opened at $9.44 on Friday. Geopark has a 1 year low of $6.84 and a 1 year high of $13.13. The stock has a market cap of $488.35 million, a price-to-earnings ratio of 7.44 and a beta of 0.37. The business has a fifty day moving average of $11.13 and a 200-day moving average of $9.81. The company has a debt-to-equity ratio of 1.41, a quick ratio of 0.80 and a current ratio of 0.82.

Geopark (NYSE:GPRK) last issued its quarterly earnings results on Tuesday, November 3rd. The oil and gas company reported $0.10 EPS for the quarter. Geopark had a return on equity of 23.64% and a net margin of 14.43%. The company had revenue of $116.17 million for the quarter.

Insider Transactions at Geopark

In other news, Director James Park sold 100,000 shares of Geopark stock in a transaction on Tuesday, September 8th. The stock was sold at an average price of $11.92, for a total transaction of $1,192,000.00. Following the transaction, the director directly owned 692,118 shares in the company, valued at approximately $8,250,046.56. This trade represents a 12.62% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.

Institutional Trading of Geopark

A number of hedge funds and other institutional investors have recently modified their holdings of the company. Renaissance Technologies LLC grew its holdings in Geopark by 21.2% during the first quarter. Renaissance Technologies LLC now owns 3,309,031 shares of the oil and gas company’s stock worth $31,436,000 after acquiring an additional 578,178 shares during the period. Flax Pond Capital LLC bought a new stake in Geopark in the first quarter worth about $3,352,000. Sycale Advisors NY LLC bought a new stake in Geopark in the first quarter worth about $3,222,000. Armstrong Fleming & Moore Inc raised its position in Geopark by 1.8% in the third quarter. Armstrong Fleming & Moore Inc now owns 241,517 shares of the oil and gas company’s stock worth $2,524,000 after acquiring an additional 4,357 shares in the last quarter. Finally, Apollon Wealth Management LLC lifted its holdings in Geopark by 4.5% in the 3rd quarter. Apollon Wealth Management LLC now owns 232,808 shares of the oil and gas company’s stock valued at $2,433,000 after acquiring an additional 10,008 shares during the last quarter. Institutional investors own 68.21% of the company’s stock.

Geopark Company Profile

GeoPark Limited is an independent Latin American oil and natural gas exploration and production company. Its activities include identifying prospective hydrocarbon resources, acquiring and developing oil and gas assets, drilling wells, and producing and selling crude oil and natural gas.

Founded in 2002, the company has built a portfolio of upstream assets in South America. Its operations have included the Llanos and Putumayo basins in Colombia, as well as assets in Brazil, Chile, Peru and Argentina at various points in its history.