Geopark (NYSE:GPRK) Director James Franklin Park Sells 120,000 Shares of Stock

Geopark Ltd (NYSE:GPRK) Director James Franklin Park sold 120,000 shares of the business’s stock in a transaction dated Monday, August 10th. The stock was sold at an average price of $9.65, for a total transaction of $1,158,000.00. Following the sale, the director directly owned 792,118 shares in the company, valued at $7,643,938.70. This trade represents a 13.16% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website.

Geopark Stock Down 0.4%

Shares of NYSE GPRK traded down $0.04 during mid-day trading on Wednesday, hitting $9.27. The company had a trading volume of 254,925 shares, compared to its average volume of 760,984. The company has a current ratio of 1.17, a quick ratio of 1.15 and a debt-to-equity ratio of 1.21. The firm has a 50-day simple moving average of $9.87 and a two-hundred day simple moving average of $9.36. The company has a market capitalization of $479.35 million, a PE ratio of 6.31 and a beta of 0.39. Geopark Ltd has a one year low of $5.75 and a one year high of $11.87.

Geopark (NYSE:GPRK) last released its earnings results on Tuesday, August 4th. The oil and gas company reported $0.22 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.12 by $0.10. Geopark had a return on equity of 31.33% and a net margin of 16.00%.The business had revenue of $143.30 million for the quarter, compared to analyst estimates of $185.50 million.

Geopark Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 2nd. Stockholders of record on Wednesday, August 19th will be paid a dividend of $0.023 per share. The ex-dividend date is Wednesday, August 19th. This represents a $0.09 dividend on an annualized basis and a dividend yield of 1.0%. Geopark’s dividend payout ratio is currently 6.12%.

Analyst Ratings Changes

Several research firms have recently commented on GPRK. Weiss Ratings reissued a “hold (c)” rating on shares of Geopark in a research note on Friday, July 17th. Wall Street Zen lowered shares of Geopark from a “strong-buy” rating to a “buy” rating in a research report on Saturday. Two research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat, Geopark presently has an average rating of “Moderate Buy” and an average price target of $11.50.

Hedge Funds Weigh In On Geopark

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. VR Advisory Services Ltd increased its stake in shares of Geopark by 370.9% during 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. Vennlight Capital Management LP bought a new stake in Geopark in the 4th quarter valued at $5,854,000. Renaissance Technologies LLC grew its holdings in Geopark by 21.2% in the 1st quarter. Renaissance Technologies LLC now owns 3,309,031 shares of the oil and gas company’s stock valued at $31,436,000 after buying an additional 578,178 shares in the last quarter. UBS Group AG grew its holdings in Geopark by 81.5% in the 3rd quarter. UBS Group AG now owns 981,131 shares of the oil and gas company’s stock valued at $6,250,000 after buying an additional 440,706 shares in the last quarter. Finally, Aventail Capital Group LP bought a new position in Geopark during the 4th quarter worth $3,164,000. 68.21% of the stock is owned by institutional investors.

About Geopark

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.