Flax Pond Capital LLC Takes $3.35 Million Position in Geopark Ltd $GPRK

Flax Pond Capital LLC purchased a new position in Geopark Ltd (NYSE:GPRK) during the 1st quarter, HoldingsChannel reports. The fund purchased 352,833 shares of the oil and gas company’s stock, valued at approximately $3,352,000. Geopark makes up approximately 2.7% of Flax Pond Capital LLC’s investment portfolio, making the stock its 13th largest position.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. Caitong International Asset Management Co. Ltd grew its stake in Geopark by 86.1% during the 4th quarter. Caitong International Asset Management Co. Ltd now owns 6,775 shares of the oil and gas company’s stock valued at $50,000 after acquiring an additional 3,134 shares in the last quarter. StoneX Group Inc. purchased a new position in Geopark in the 4th quarter worth approximately $101,000. PharVision Advisers LLC purchased a new position in Geopark in the 3rd quarter worth approximately $117,000. Graham Capital Management L.P. purchased a new position in Geopark in the 4th quarter worth approximately $139,000. Finally, Osaic Holdings Inc. boosted its holdings in shares of Geopark by 2,588.2% during the 4th quarter. Osaic Holdings Inc. now owns 19,113 shares of the oil and gas company’s stock worth $142,000 after purchasing an additional 18,402 shares during the last quarter. 68.21% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on GPRK shares. Wall Street Zen upgraded Geopark to a “strong-buy” rating in a research report on Saturday, July 4th. Weiss Ratings reiterated a “hold (c)” rating on shares of Geopark in a research report on Friday, July 17th. Two 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 has an average rating of “Moderate Buy” and a consensus target price of $11.50.

Geopark Trading Up 2.0%

Shares of GPRK opened at $9.58 on Friday. The company has a current ratio of 1.00, a quick ratio of 0.96 and a debt-to-equity ratio of 1.51. Geopark Ltd has a 12-month low of $5.75 and a 12-month high of $11.87. The firm has a 50-day moving average price of $10.00 and a 200 day moving average price of $9.25. The firm has a market capitalization of $495.38 million, a P/E ratio of 9.12 and a beta of 0.39.

Geopark (NYSE:GPRK) last released its quarterly earnings data on Wednesday, May 6th. The oil and gas company reported $0.36 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.23 by $0.13. Geopark had a net margin of 11.74% and a return on equity of 36.71%. The firm had revenue of $128.40 million during the quarter, compared to analysts’ expectations of $140.00 million.

Geopark Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, June 4th. Stockholders of record on Wednesday, May 20th were issued a dividend of $0.023 per share. The ex-dividend date was Wednesday, May 20th. This represents a $0.09 dividend on an annualized basis and a dividend yield of 1.0%. Geopark’s dividend payout ratio (DPR) is currently 8.57%.

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.