GSA Capital Partners LLP lessened its stake in Gran Tierra Energy Inc (NYSEAMERICAN:GTE) by 65.2% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 188,146 shares of the company’s stock after selling 352,388 shares during the period. GSA Capital Partners LLP’s holdings in Gran Tierra Energy were worth $408,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. Northern Trust Corp boosted its holdings in Gran Tierra Energy by 95.0% in the 2nd quarter. Northern Trust Corp now owns 821,782 shares of the company’s stock valued at $2,835,000 after purchasing an additional 400,260 shares in the last quarter. Russell Investments Group Ltd. boosted its holdings in Gran Tierra Energy by 19.0% in the 3rd quarter. Russell Investments Group Ltd. now owns 2,446,557 shares of the company’s stock valued at $9,183,000 after purchasing an additional 389,982 shares in the last quarter. JPMorgan Chase & Co. boosted its holdings in Gran Tierra Energy by 88.7% in the 3rd quarter. JPMorgan Chase & Co. now owns 1,524,256 shares of the company’s stock valued at $5,823,000 after purchasing an additional 716,377 shares in the last quarter. Toronto Dominion Bank boosted its holdings in Gran Tierra Energy by 2.0% in the 3rd quarter. Toronto Dominion Bank now owns 1,460,251 shares of the company’s stock valued at $5,562,000 after purchasing an additional 28,286 shares in the last quarter. Finally, AXA boosted its holdings in Gran Tierra Energy by 2.6% in the 3rd quarter. AXA now owns 1,476,146 shares of the company’s stock valued at $5,639,000 after purchasing an additional 37,900 shares in the last quarter.

In related news, VP Rodger Derrick Trimble bought 16,800 shares of Gran Tierra Energy stock in a transaction that occurred on Friday, March 1st. The shares were purchased at an average price of $2.34 per share, with a total value of $39,312.00. Following the purchase, the vice president now owns 84,650 shares in the company, valued at $198,081. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, VP Lawrence West bought 12,000 shares of Gran Tierra Energy stock in a transaction that occurred on Thursday, March 7th. The stock was bought at an average cost of $2.31 per share, for a total transaction of $27,720.00. The disclosure for this purchase can be found here.

Shares of NYSEAMERICAN:GTE opened at $2.33 on Friday. Gran Tierra Energy Inc has a 12 month low of $2.03 and a 12 month high of $3.96.

Gran Tierra Energy (NYSEAMERICAN:GTE) last announced its quarterly earnings results on Wednesday, February 27th. The company reported ($0.03) EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.06 by ($0.09). The firm had revenue of $136.60 million during the quarter, compared to analyst estimates of $154.40 million. During the same quarter last year, the business earned ($0.10) earnings per share. Gran Tierra Energy’s quarterly revenue was up 7.4% on a year-over-year basis.

Several brokerages have recently commented on GTE. Citigroup reissued a “buy” rating on shares of Gran Tierra Energy in a research note on Monday, December 17th. GMP Securities lowered Gran Tierra Energy from a “buy” rating to a “hold” rating in a research note on Monday, February 4th. Finally, Zacks Investment Research lowered Gran Tierra Energy from a “buy” rating to a “hold” rating in a research note on Friday, March 8th. Two equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and an average target price of $4.38.

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Gran Tierra Energy Company Profile

Gran Tierra Energy Inc, together with its subsidiaries, engages in the exploration and production of oil and gas properties in Colombia. As of December 31, 2017, the company had total proved undeveloped reserves of 19.6 million barrels of oil equivalent. Gran Tierra Energy Inc was incorporated in 2003 and is headquartered in Calgary, Canada.

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Institutional Ownership by Quarter for Gran Tierra Energy (NYSEAMERICAN:GTE)

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