TIAA CREF Investment Management LLC boosted its stake in shares of Gulfport Energy Corporation (NASDAQ:GPOR) by 48.7% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 648,480 shares of the oil and gas producer’s stock after acquiring an additional 212,403 shares during the quarter. TIAA CREF Investment Management LLC owned approximately 0.35% of Gulfport Energy Corporation worth $9,565,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of the business. Arizona State Retirement System boosted its stake in shares of Gulfport Energy Corporation by 1.5% in the 2nd quarter. Arizona State Retirement System now owns 67,100 shares of the oil and gas producer’s stock valued at $990,000 after purchasing an additional 1,000 shares during the last quarter. Geode Capital Management LLC boosted its stake in shares of Gulfport Energy Corporation by 18.8% in the 1st quarter. Geode Capital Management LLC now owns 1,340,493 shares of the oil and gas producer’s stock valued at $23,043,000 after purchasing an additional 211,708 shares during the last quarter. Tocqueville Asset Management L.P. boosted its stake in shares of Gulfport Energy Corporation by 65.6% in the 2nd quarter. Tocqueville Asset Management L.P. now owns 25,750 shares of the oil and gas producer’s stock valued at $380,000 after purchasing an additional 10,200 shares during the last quarter. FMR LLC boosted its stake in shares of Gulfport Energy Corporation by 30.1% in the 1st quarter. FMR LLC now owns 342,506 shares of the oil and gas producer’s stock valued at $5,888,000 after purchasing an additional 79,224 shares during the last quarter. Finally, Utah Retirement Systems boosted its stake in shares of Gulfport Energy Corporation by 27.2% in the 1st quarter. Utah Retirement Systems now owns 29,000 shares of the oil and gas producer’s stock valued at $498,000 after purchasing an additional 6,200 shares during the last quarter. 86.65% of the stock is currently owned by hedge funds and other institutional investors.

Several brokerages have recently issued reports on GPOR. Zacks Investment Research raised shares of Gulfport Energy Corporation from a “hold” rating to a “buy” rating and set a $16.00 target price on the stock in a research note on Wednesday. Mizuho reaffirmed a “buy” rating and issued a $23.00 target price on shares of Gulfport Energy Corporation in a research note on Wednesday. KeyCorp reaffirmed a “buy” rating and issued a $18.00 target price on shares of Gulfport Energy Corporation in a research note on Tuesday, September 19th. Imperial Capital began coverage on shares of Gulfport Energy Corporation in a research note on Tuesday, September 19th. They issued an “outperform” rating and a $19.00 target price on the stock. Finally, Piper Jaffray Companies reduced their target price on shares of Gulfport Energy Corporation from $21.00 to $18.00 and set an “overweight” rating on the stock in a research note on Monday, September 18th. One analyst has rated the stock with a sell rating, six have given a hold rating and twenty-one have assigned a buy rating to the stock. The company presently has a consensus rating of “Buy” and an average target price of $23.82.

Gulfport Energy Corporation (NASDAQ:GPOR) opened at 14.38 on Friday. The company has a 50-day moving average price of $13.26 and a 200-day moving average price of $14.32. The firm’s market cap is $2.63 billion. Gulfport Energy Corporation has a 1-year low of $10.90 and a 1-year high of $30.47.

Gulfport Energy Corporation (NASDAQ:GPOR) last posted its quarterly earnings results on Tuesday, August 8th. The oil and gas producer reported $0.33 earnings per share for the quarter, topping the consensus estimate of $0.25 by $0.08. Gulfport Energy Corporation had a positive return on equity of 7.42% and a negative net margin of 15.02%. The company had revenue of $323.90 million during the quarter, compared to the consensus estimate of $279.59 million. During the same quarter in the prior year, the company earned $0.24 EPS. The firm’s quarterly revenue was up 1052.7% compared to the same quarter last year. On average, equities research analysts forecast that Gulfport Energy Corporation will post $1.39 EPS for the current fiscal year.

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Gulfport Energy Corporation 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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Institutional Ownership by Quarter for Gulfport Energy Corporation (NASDAQ:GPOR)

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