GeoPark Limited (NYSE:GPRK) Shares Sold by Deltec Asset Management LLC

Deltec Asset Management LLC reduced its stake in shares of GeoPark Limited (NYSE:GPRK) by 35.1% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 85,500 shares of the oil and gas company’s stock after selling 46,178 shares during the period. Deltec Asset Management LLC’s holdings in GeoPark were worth $793,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also modified their holdings of the company. Blue Trust Inc. bought a new position in GeoPark during the 3rd quarter valued at $38,000. R Squared Ltd purchased a new position in shares of GeoPark during the 4th quarter valued at $50,000. Public Employees Retirement System of Ohio acquired a new stake in shares of GeoPark during the 3rd quarter valued at about $44,000. Barclays PLC increased its stake in shares of GeoPark by 392.3% during the 3rd quarter. Barclays PLC now owns 8,974 shares of the oil and gas company’s stock worth $71,000 after purchasing an additional 7,151 shares during the last quarter. Finally, DGS Capital Management LLC bought a new position in GeoPark during the third quarter valued at about $148,000. Institutional investors and hedge funds own 68.21% of the company’s stock.

Wall Street Analysts Forecast Growth

GPRK has been the subject of a number of recent analyst reports. JPMorgan Chase & Co. decreased their price target on shares of GeoPark from $12.00 to $11.00 and set an “overweight” rating for the company in a report on Wednesday, October 30th. StockNews.com downgraded GeoPark from a “strong-buy” rating to a “buy” rating in a research report on Tuesday, January 28th.

GeoPark Stock Down 1.7 %

GPRK stock opened at $9.00 on Wednesday. The company has a market cap of $460.18 million, a PE ratio of 4.57 and a beta of 1.34. The company has a quick ratio of 1.23, a current ratio of 1.28 and a debt-to-equity ratio of 2.53. The business’s 50-day simple moving average is $10.03 and its 200 day simple moving average is $9.06. GeoPark Limited has a twelve month low of $7.24 and a twelve month high of $11.72.

GeoPark (NYSE:GPRK) last posted its quarterly earnings data on Wednesday, November 6th. The oil and gas company reported $0.48 earnings per share for the quarter, missing the consensus estimate of $0.59 by ($0.11). GeoPark had a return on equity of 57.93% and a net margin of 14.97%. The firm had revenue of $159.50 million for the quarter, compared to analyst estimates of $156.99 million. On average, research analysts anticipate that GeoPark Limited will post 2.12 earnings per share for the current year.

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.