Geopark (NYSE:GPRK) Director James Franklin Park Sells 100,000 Shares

Geopark Ltd (NYSE:GPRK) Director James Franklin Park sold 100,000 shares of the firm’s stock in a transaction that occurred on Monday, April 20th. The stock was sold at an average price of $8.83, for a total transaction of $883,000.00. Following the sale, the director directly owned 912,118 shares of the company’s stock, valued at $8,054,001.94. The trade was a 9.88% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link.

Geopark Stock Up 1.5%

GPRK stock opened at $9.25 on Thursday. Geopark Ltd has a twelve month low of $5.75 and a twelve month high of $10.34. The company has a current ratio of 1.60, a quick ratio of 1.51 and a debt-to-equity ratio of 2.18. The company has a market capitalization of $478.03 million, a P/E ratio of 9.84 and a beta of 0.35. The firm has a 50 day simple moving average of $8.92 and a 200-day simple moving average of $8.01.

Geopark (NYSE:GPRK) last released its quarterly earnings results on Tuesday, March 31st. The oil and gas company reported $0.59 earnings per share for the quarter, topping analysts’ consensus estimates of ($0.01) by $0.60. Geopark had a net margin of 10.09% and a return on equity of 39.05%. The business had revenue of $110.29 million during the quarter, compared to the consensus estimate of $103.92 million.

Geopark Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, March 31st. Stockholders of record on Wednesday, March 11th were given a dividend of $0.03 per share. The ex-dividend date of this dividend was Wednesday, March 11th. This represents a $0.12 dividend on an annualized basis and a dividend yield of 1.3%. Geopark’s dividend payout ratio (DPR) is presently 12.77%.

Analyst Upgrades and Downgrades

GPRK has been the subject of a number of recent analyst reports. Jefferies Financial Group reissued a “buy” rating and set a $11.50 price target on shares of Geopark in a research report on Thursday, March 5th. Zacks Research raised shares of Geopark to a “hold” rating in a research report on Thursday, January 1st. Finally, Weiss Ratings raised shares of Geopark from a “hold (c-)” rating to a “hold (c)” rating in a report on Tuesday. Two research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat, Geopark presently has a consensus rating of “Moderate Buy” and a consensus target price of $11.50.

Hedge Funds Weigh In On Geopark

A number of hedge funds have recently added to or reduced their stakes in the business. Nations Financial Group Inc. IA ADV acquired a new position in Geopark in the first quarter worth $686,000. Hsbc Holdings PLC boosted its holdings in Geopark by 216.2% in the fourth quarter. Hsbc Holdings PLC now owns 49,337 shares of the oil and gas company’s stock worth $364,000 after purchasing an additional 33,734 shares during the period. Stokes Family Office LLC acquired a new position in Geopark in the fourth quarter worth $474,000. VR Advisory Services Ltd boosted its holdings in Geopark by 370.9% in the fourth quarter. VR Advisory Services Ltd now owns 1,105,201 shares of the oil and gas company’s stock worth $8,190,000 after purchasing an additional 870,516 shares during the period. Finally, Vennlight Capital Management LP acquired a new position in Geopark in the fourth quarter worth $5,854,000. Institutional investors and hedge funds own 68.21% of the company’s stock.

Geopark Company Profile

Geopark Ltd. (NYSE:GPRK) is an independent oil and gas exploration and production company focused on Latin America. Founded in 2002 and with corporate offices in Canada and regional headquarters in Bogotá, Colombia, Geopark pursues the discovery and development of unconventional and conventional hydrocarbon resources. The company’s strategy emphasizes asset consolidation in established basins alongside disciplined capital allocation to maximize production efficiency.

The company’s core operations are centered in Colombia’s Llanos Basin, where it holds interests in several producing blocks that deliver light crude oil to local and export markets.