Quantbot Technologies LP boosted its stake in shares of GeoPark Limited (NYSE:GPRK – Free Report) by 1,274.7% during the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 56,210 shares of the oil and gas company’s stock after buying an additional 52,121 shares during the period. Quantbot Technologies LP owned approximately 0.11% of GeoPark worth $521,000 at the end of the most recent quarter.
A number of other institutional investors also recently bought and sold shares of GPRK. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC purchased a new stake in shares of GeoPark in the third quarter valued at $2,834,000. Principal Financial Group Inc. boosted its position in shares of GeoPark by 77.4% during the third quarter. Principal Financial Group Inc. now owns 366,380 shares of the oil and gas company’s stock valued at $2,883,000 after buying an additional 159,861 shares during the period. Dynamic Technology Lab Private Ltd purchased a new position in shares of GeoPark during the third quarter valued at approximately $294,000. Annex Advisory Services LLC grew its stake in shares of GeoPark by 25.5% during the fourth quarter. Annex Advisory Services LLC now owns 161,620 shares of the oil and gas company’s stock valued at $1,498,000 after buying an additional 32,870 shares during the last quarter. Finally, Y Intercept Hong Kong Ltd raised its holdings in shares of GeoPark by 67.6% in the third quarter. Y Intercept Hong Kong Ltd now owns 79,674 shares of the oil and gas company’s stock worth $627,000 after buying an additional 32,131 shares during the period. 68.21% of the stock is currently owned by institutional investors.
GeoPark Trading Down 1.7 %
Shares of GPRK opened at $8.00 on Friday. The firm has a market capitalization of $409.05 million, a price-to-earnings ratio of 4.06 and a beta of 1.37. The company has a debt-to-equity ratio of 2.53, a current ratio of 1.28 and a quick ratio of 1.23. GeoPark Limited has a 1-year low of $7.24 and a 1-year high of $11.72. The company has a 50-day moving average of $8.67 and a 200 day moving average of $8.84.
GeoPark Announces Dividend
The company also recently declared a quarterly dividend, which will be paid on Monday, March 31st. Stockholders of record on Wednesday, March 19th will be given a dividend of $0.147 per share. This represents a $0.59 dividend on an annualized basis and a dividend yield of 7.35%. The ex-dividend date is Wednesday, March 19th. GeoPark’s payout ratio is 32.22%.
Analysts Set New Price Targets
Separately, StockNews.com upgraded GeoPark from a “hold” rating to a “buy” rating in a report on Friday, March 14th.
View Our Latest Report on GeoPark
About GeoPark
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.
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