Tokio Marine Asset Management Co. Ltd. acquired a new stake in Gulfport Energy Corporation (NASDAQ:GPOR) during the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor acquired 72,100 shares of the oil and gas producer’s stock, valued at approximately $1,034,000.

Other institutional investors also recently added to or reduced their stakes in the company. TIAA CREF Investment Management LLC increased its stake in Gulfport Energy Corporation by 7.6% in the 1st quarter. TIAA CREF Investment Management LLC now owns 436,077 shares of the oil and gas producer’s stock valued at $7,496,000 after buying an additional 30,726 shares during the period. Arizona State Retirement System grew its position in Gulfport Energy Corporation by 1.5% in the second quarter. Arizona State Retirement System now owns 67,100 shares of the oil and gas producer’s stock worth $990,000 after acquiring an additional 1,000 shares in the last quarter. Tocqueville Asset Management L.P. grew its position in Gulfport Energy Corporation by 65.6% in the second quarter. Tocqueville Asset Management L.P. now owns 25,750 shares of the oil and gas producer’s stock worth $380,000 after acquiring an additional 10,200 shares in the last quarter. Geode Capital Management LLC grew its position in Gulfport Energy Corporation by 18.8% in the first quarter. Geode Capital Management LLC now owns 1,340,493 shares of the oil and gas producer’s stock worth $23,043,000 after acquiring an additional 211,708 shares in the last quarter. Finally, FMR LLC grew its position in Gulfport Energy Corporation by 30.1% in the first quarter. FMR LLC now owns 342,506 shares of the oil and gas producer’s stock worth $5,888,000 after acquiring an additional 79,224 shares in the last quarter. Hedge funds and other institutional investors own 86.94% of the company’s stock.

Gulfport Energy Corporation (NASDAQ:GPOR) last posted its quarterly earnings results on Wednesday, November 1st. The oil and gas producer reported $0.32 EPS for the quarter, missing the Zacks’ consensus estimate of $0.35 by ($0.03). The company had revenue of $265.50 million during the quarter, compared to analyst estimates of $302.33 million. Gulfport Energy Corporation had a net margin of 3.88% and a return on equity of 8.22%. The firm’s revenue for the quarter was up 37.1% compared to the same quarter last year. During the same period last year, the firm earned $0.16 EPS.

Several analysts have commented on the stock. Zacks Investment Research downgraded shares of Gulfport Energy Corporation from a “buy” rating to a “hold” rating in a research report on Wednesday, July 26th. BidaskClub downgraded shares of Gulfport Energy Corporation from a “hold” rating to a “sell” rating in a research report on Wednesday, July 19th. Piper Jaffray Companies decreased their target price on shares of Gulfport Energy Corporation from $21.00 to $18.00 and set an “overweight” rating for the company in a research report on Monday, September 18th. Scotiabank reissued a “buy” rating and issued a $23.00 target price on shares of Gulfport Energy Corporation in a research report on Monday, October 9th. Finally, KeyCorp reissued a “buy” rating and issued a $18.00 target price on shares of Gulfport Energy Corporation in a research report on Tuesday, September 19th. One equities research analyst has rated the stock with a sell rating, six have given a hold rating and twenty have assigned a buy rating to the stock. The company currently has an average rating of “Buy” and an average target price of $22.83.

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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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