Gulfport Energy Corporation $GPOR Shares Sold by Whitebox Advisors LLC

Whitebox Advisors LLC trimmed its holdings in shares of Gulfport Energy Corporation (NYSE:GPOR) by 2.2% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 219,627 shares of the company’s stock after selling 5,000 shares during the quarter. Gulfport Energy accounts for about 0.6% of Whitebox Advisors LLC’s portfolio, making the stock its 24th largest position. Whitebox Advisors LLC owned approximately 1.22% of Gulfport Energy worth $46,466,000 as of its most recent SEC filing.

Several other hedge funds also recently added to or reduced their stakes in GPOR. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in Gulfport Energy by 2.5% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 7,552 shares of the company’s stock worth $1,391,000 after acquiring an additional 181 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its holdings in shares of Gulfport Energy by 14.8% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 95,749 shares of the company’s stock valued at $17,631,000 after acquiring an additional 12,327 shares in the last quarter. Intech Investment Management LLC increased its holdings in shares of Gulfport Energy by 11.6% during the first quarter. Intech Investment Management LLC now owns 6,400 shares of the company’s stock valued at $1,178,000 after acquiring an additional 665 shares in the last quarter. Cetera Investment Advisers raised its position in shares of Gulfport Energy by 16.7% in the 2nd quarter. Cetera Investment Advisers now owns 1,532 shares of the company’s stock valued at $308,000 after purchasing an additional 219 shares during the last quarter. Finally, Prudential Financial Inc. acquired a new stake in Gulfport Energy in the 2nd quarter worth approximately $400,000.

Gulfport Energy Stock Down 0.1%

GPOR stock opened at $157.07 on Monday. The firm has a market cap of $2.82 billion, a PE ratio of 5.37 and a beta of 0.41. The company has a debt-to-equity ratio of 0.46, a quick ratio of 0.56 and a current ratio of 0.56. The firm’s fifty day moving average is $165.15 and its 200 day moving average is $185.40. Gulfport Energy Corporation has a one year low of $149.18 and a one year high of $225.78.

Analysts Set New Price Targets

Several equities research analysts have recently commented on the stock. Truist Financial lowered their price objective on shares of Gulfport Energy from $219.00 to $190.00 and set a “hold” rating for the company in a research note on Friday, July 10th. Zacks Research lowered Gulfport Energy from a “hold” rating to a “strong sell” rating in a research note on Monday, July 13th. Mizuho raised Gulfport Energy from a “neutral” rating to an “outperform” rating and lifted their price target for the stock from $251.00 to $252.00 in a research report on Wednesday, May 27th. UBS Group dropped their price target on Gulfport Energy from $260.00 to $245.00 and set a “buy” rating on the stock in a research note on Thursday, April 16th. Finally, Weiss Ratings lowered Gulfport Energy from a “buy (b-)” rating to a “hold (c+)” rating in a report on Thursday, July 16th. One analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $227.00.

Gulfport Energy Company Profile

Gulfport Energy Corporation is an independent oil and gas exploration and production company based in Oklahoma City, Oklahoma. The company focuses on the development of onshore natural gas, natural gas liquids (NGLs) and crude oil properties in the United States. Gulfport utilizes horizontal drilling and multi-stage hydraulic fracturing techniques to maximize production and enhance recovery from its resource plays.

The company’s primary operations are concentrated in two major U.S. resource basins.