Mayo Investment Advisers LLC reduced its position in shares of Gulfport Energy Corporation (NASDAQ:GPOR) by 22.1% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 122,875 shares of the oil and gas producer’s stock after selling 34,850 shares during the period. Mayo Investment Advisers LLC owned 0.07% of Gulfport Energy Corporation worth $1,762,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. Zurcher Kantonalbank Zurich Cantonalbank boosted its holdings in shares of Gulfport Energy Corporation by 11.8% during the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 6,756 shares of the oil and gas producer’s stock worth $100,000 after purchasing an additional 712 shares during the period. Riverhead Capital Management LLC boosted its holdings in shares of Gulfport Energy Corporation by 76.9% during the second quarter. Riverhead Capital Management LLC now owns 9,553 shares of the oil and gas producer’s stock worth $141,000 after purchasing an additional 4,153 shares during the period. World Asset Management Inc purchased a new stake in shares of Gulfport Energy Corporation during the second quarter worth about $150,000. LS Investment Advisors LLC boosted its holdings in shares of Gulfport Energy Corporation by 25.1% during the second quarter. LS Investment Advisors LLC now owns 12,869 shares of the oil and gas producer’s stock worth $190,000 after purchasing an additional 2,584 shares during the period. Finally, Teacher Retirement System of Texas boosted its holdings in shares of Gulfport Energy Corporation by 4.2% during the second quarter. Teacher Retirement System of Texas now owns 12,869 shares of the oil and gas producer’s stock worth $190,000 after purchasing an additional 520 shares during the period. Institutional investors own 88.70% of the company’s stock.

GPOR has been the subject of a number of research reports. Morgan Stanley increased their price target on shares of Gulfport Energy Corporation from $12.00 to $13.00 and gave the stock an “underweight” rating in a research note on Wednesday, October 18th. Jefferies Group LLC set a $20.00 price target on shares of Gulfport Energy Corporation and gave the stock a “buy” rating in a research note on Tuesday, August 29th. Mizuho reissued a “buy” rating and issued a $23.00 price target on shares of Gulfport Energy Corporation in a research note on Wednesday, October 4th. Scotiabank reissued a “buy” rating and issued a $23.00 price target on shares of Gulfport Energy Corporation in a research note on Monday, October 9th. Finally, Williams Capital set a $21.00 price target on shares of Gulfport Energy Corporation and gave the stock a “buy” rating in a research note on Monday, July 31st. One equities research analyst has rated the stock with a sell rating, six have issued a hold rating and twenty have given a buy rating to the stock. Gulfport Energy Corporation presently has a consensus rating of “Buy” and an average price target of $22.83.

Shares of Gulfport Energy Corporation (NASDAQ:GPOR) traded up $1.02 during trading on Tuesday, hitting $14.35. 5,296,175 shares of the stock traded hands, compared to its average volume of 2,930,000. Gulfport Energy Corporation has a 1-year low of $10.90 and a 1-year high of $29.92. The company has a quick ratio of 0.57, a current ratio of 0.57 and a debt-to-equity ratio of 0.67. The stock has a market cap of $2,620.00, a PE ratio of 10.18, a PEG ratio of 0.31 and a beta of 0.69.

Gulfport Energy Corporation (NASDAQ:GPOR) last posted its earnings results on Wednesday, November 1st. The oil and gas producer reported $0.32 earnings per share for the quarter, missing analysts’ consensus estimates of $0.35 by ($0.03). Gulfport Energy Corporation had a return on equity of 7.99% and a net margin of 3.88%. The business had revenue of $265.50 million during the quarter, compared to the consensus estimate of $302.33 million. During the same quarter last year, the firm earned $0.16 earnings per share. The business’s quarterly revenue was up 37.1% on a year-over-year basis. equities research analysts expect that Gulfport Energy Corporation will post 1.41 EPS for the current fiscal year.

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About Gulfport Energy Corporation

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.

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

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