US Bancorp DE boosted its stake in Gulfport Energy Corporation (NASDAQ:GPOR) by 2.8% during the second quarter, Holdings Channel reports. The institutional investor owned 58,718 shares of the oil and gas producer’s stock after buying an additional 1,580 shares during the period. US Bancorp DE’s holdings in Gulfport Energy Corporation were worth $867,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. Zurcher Kantonalbank Zurich Cantonalbank raised its stake in shares of Gulfport Energy Corporation by 54.9% in the first quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 6,044 shares of the oil and gas producer’s stock valued at $104,000 after buying an additional 2,143 shares in the last quarter. Elkfork Partners LLC raised its stake in shares of Gulfport Energy Corporation by 38.4% in the first quarter. Elkfork Partners LLC now owns 6,666 shares of the oil and gas producer’s stock valued at $115,000 after buying an additional 1,848 shares in the last quarter. Meadow Creek Investment Management LLC raised its stake in shares of Gulfport Energy Corporation by 38.4% in the first quarter. Meadow Creek Investment Management LLC now owns 8,484 shares of the oil and gas producer’s stock valued at $146,000 after buying an additional 2,352 shares in the last quarter. Glen Harbor Capital Management LLC raised its stake in shares of Gulfport Energy Corporation by 38.4% in the first quarter. Glen Harbor Capital Management LLC now owns 10,302 shares of the oil and gas producer’s stock valued at $177,000 after buying an additional 2,856 shares in the last quarter. Finally, LS Investment Advisors LLC raised its stake in shares of Gulfport Energy Corporation by 20.5% in the first quarter. LS Investment Advisors LLC now owns 10,285 shares of the oil and gas producer’s stock valued at $177,000 after buying an additional 1,747 shares in the last quarter. Institutional investors own 88.47% of the company’s stock.

Gulfport Energy Corporation (NASDAQ GPOR) traded up 0.43% on Friday, reaching $11.74. The company’s stock had a trading volume of 3,107,129 shares. The firm’s market capitalization is $2.15 billion. The stock’s 50 day moving average is $13.39 and its 200-day moving average is $16.04. Gulfport Energy Corporation has a 52 week low of $10.90 and a 52 week high of $30.47.

Gulfport Energy Corporation (NASDAQ:GPOR) last announced its earnings results on Tuesday, August 8th. The oil and gas producer reported $0.33 EPS for the quarter, topping the consensus estimate of $0.25 by $0.08. The business had revenue of $323.90 million for the quarter, compared to the consensus estimate of $279.59 million. Gulfport Energy Corporation had a positive return on equity of 7.42% and a negative net margin of 15.02%. Gulfport Energy Corporation’s revenue was up 1052.7% compared to the same quarter last year. During the same period in the previous year, the business earned $0.24 EPS. Analysts predict that Gulfport Energy Corporation will post $1.34 EPS for the current year.

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Several equities research analysts have commented on the company. Royal Bank Of Canada restated a “buy” rating and set a $29.00 price target on shares of Gulfport Energy Corporation in a research note on Friday, April 21st. Piper Jaffray Companies restated an “overweight” rating on shares of Gulfport Energy Corporation in a research note on Wednesday, June 21st. Zacks Investment Research lowered Gulfport Energy Corporation from a “buy” rating to a “hold” rating in a research note on Wednesday, July 26th. Scotiabank restated a “buy” rating and set a $23.00 price target on shares of Gulfport Energy Corporation in a research note on Friday, June 30th. Finally, BidaskClub upgraded Gulfport Energy Corporation from a “strong sell” rating to a “sell” rating in a research note on Wednesday, June 14th. Two research analysts have rated the stock with a sell rating, seven have issued a hold rating and twenty have issued a buy rating to the company’s stock. The company has an average rating of “Buy” and an average price target of $25.91.

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

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