Gulfport Energy Corporation (GPOR) Holdings Lifted by OxFORD Asset Management LLP
OxFORD Asset Management LLP grew its position in Gulfport Energy Corporation (NASDAQ:GPOR) by 70.6% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 156,560 shares of the oil and gas producer’s stock after buying an additional 64,808 shares during the quarter. OxFORD Asset Management LLP owned approximately 0.09% of Gulfport Energy worth $2,251,000 at the end of the most recent quarter.
Several other institutional investors and hedge funds have also recently made changes to their positions in the business. Vanguard Group Inc. boosted its holdings in shares of Gulfport Energy by 6.3% in the second quarter. Vanguard Group Inc. now owns 13,274,246 shares of the oil and gas producer’s stock worth $195,796,000 after buying an additional 786,991 shares during the period. State Street Corp boosted its holdings in shares of Gulfport Energy by 15.1% in the second quarter. State Street Corp now owns 7,443,039 shares of the oil and gas producer’s stock worth $109,780,000 after buying an additional 979,127 shares during the period. Janus Henderson Group PLC acquired a new position in shares of Gulfport Energy in the second quarter worth about $77,784,000. Dimensional Fund Advisors LP boosted its holdings in shares of Gulfport Energy by 57.7% in the third quarter. Dimensional Fund Advisors LP now owns 5,141,604 shares of the oil and gas producer’s stock worth $73,731,000 after buying an additional 1,881,196 shares during the period. Finally, UBS Oconnor LLC boosted its holdings in shares of Gulfport Energy by 7.4% in the second quarter. UBS Oconnor LLC now owns 4,397,850 shares of the oil and gas producer’s stock worth $64,868,000 after buying an additional 302,171 shares during the period. Institutional investors own 86.93% of the company’s stock.
In other Gulfport Energy news, Director Paul D. Westerman acquired 10,000 shares of the business’s stock in a transaction that occurred on Thursday, November 30th. The shares were purchased at an average price of $12.75 per share, with a total value of $127,500.00. Following the completion of the transaction, the director now owns 15,488 shares in the company, valued at $197,472. The acquisition was disclosed in a document filed with the SEC, which is available at this link. 0.31% of the stock is currently owned by company insiders.
A number of analysts have recently issued reports on GPOR shares. Jefferies Group set a $20.00 price target on shares of Gulfport Energy and gave the stock a “buy” rating in a research report on Tuesday, August 29th. Williams Capital set a $18.00 price target on shares of Gulfport Energy and gave the stock a “buy” rating in a research report on Monday, October 23rd. KeyCorp set a $18.00 price target on shares of Gulfport Energy and gave the stock a “buy” rating in a research report on Thursday, October 19th. Piper Jaffray Companies reduced their price target on shares of Gulfport Energy from $21.00 to $18.00 and set an “overweight” rating for the company in a research report on Monday, September 18th. Finally, SunTrust Banks reissued a “buy” rating and issued a $25.00 price target on shares of Gulfport Energy in a research report on Tuesday, October 24th. One investment analyst has rated the stock with a sell rating, eight have assigned a hold rating and eighteen have given a buy rating to the stock. The stock has an average rating of “Buy” and a consensus target price of $21.52.
Gulfport Energy Corporation (NASDAQ:GPOR) opened at $12.71 on Thursday. The firm has a market cap of $2,326.97, a P/E ratio of 9.70, a P/E/G ratio of 0.31 and a beta of 0.69. The company has a current ratio of 0.57, a quick ratio of 0.57 and a debt-to-equity ratio of 0.67. Gulfport Energy Corporation has a 52-week low of $10.90 and a 52-week high of $27.97.
Gulfport Energy (NASDAQ:GPOR) last issued its quarterly earnings data on Wednesday, November 1st. The oil and gas producer reported $0.32 earnings per share for the quarter, missing the consensus estimate of $0.35 by ($0.03). The business had revenue of $265.50 million for the quarter, compared to the consensus estimate of $302.33 million. Gulfport Energy had a net margin of 3.88% and a return on equity of 7.99%. Gulfport Energy’s revenue was up 37.1% compared to the same quarter last year. During the same period in the previous year, the business posted $0.16 EPS. equities analysts expect that Gulfport Energy Corporation will post 1.35 EPS for the current year.
Gulfport Energy Company Profile
Gulfport Energy Corporation is an oil and natural gas exploration and production company. The Company focuses on the exploitation and acquisition of natural gas, natural gas liquids and crude oil in the United States. The Company’s properties are located in the Utica Shale in Eastern Ohio and along the Louisiana Gulf Coast in the West Cote Blanche Bay (WCBB) and Hackberry fields.
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