XTX Topco Ltd Has $429,000 Stake in Gulfport Energy Corporation $GPOR

XTX Topco Ltd reduced its stake in Gulfport Energy Corporation (NYSE:GPOR) by 73.6% in the 2nd quarter, according to the company in its most recent filing with the SEC. The fund owned 2,135 shares of the company’s stock after selling 5,938 shares during the quarter. XTX Topco Ltd’s holdings in Gulfport Energy were worth $429,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Toth Financial Advisory Corp acquired a new stake in shares of Gulfport Energy in the second quarter worth $85,000. Assetmark Inc. raised its holdings in Gulfport Energy by 50.5% in the 2nd quarter. Assetmark Inc. now owns 501 shares of the company’s stock worth $101,000 after acquiring an additional 168 shares during the period. PNC Financial Services Group Inc. lifted its position in Gulfport Energy by 1,360.5% during the 2nd quarter. PNC Financial Services Group Inc. now owns 628 shares of the company’s stock worth $126,000 after acquiring an additional 585 shares during the last quarter. Strs Ohio acquired a new position in Gulfport Energy during the 1st quarter worth $239,000. Finally, Pallas Capital Advisors LLC bought a new stake in Gulfport Energy during the second quarter valued at about $263,000.

Gulfport Energy Trading Up 0.2%

GPOR stock opened at $217.06 on Friday. The firm has a 50 day moving average of $196.72. Gulfport Energy Corporation has a 1-year low of $153.27 and a 1-year high of $225.78. The company has a market cap of $4.19 billion, a price-to-earnings ratio of -114.24 and a beta of 0.60. The company has a debt-to-equity ratio of 0.39, a quick ratio of 0.54 and a current ratio of 0.54.

Gulfport Energy (NYSE:GPOR) last released its quarterly earnings data on Tuesday, November 4th. The company reported $3.13 earnings per share (EPS) for the quarter, missing the consensus estimate of $4.64 by ($1.51). The company had revenue of $379.75 million for the quarter, compared to analyst estimates of $343.18 million. Gulfport Energy had a return on equity of 20.95% and a net margin of 1.68%.

Wall Street Analyst Weigh In

GPOR has been the subject of a number of research analyst reports. William Blair assumed coverage on Gulfport Energy in a report on Monday, August 25th. They set an “outperform” rating for the company. Roth Capital started coverage on shares of Gulfport Energy in a research note on Monday, October 13th. They set a “neutral” rating and a $200.00 target price for the company. UBS Group decreased their price target on shares of Gulfport Energy from $240.00 to $227.00 and set a “buy” rating on the stock in a research report on Wednesday, August 20th. Tudor Pickering downgraded shares of Gulfport Energy from a “strong-buy” rating to a “hold” rating in a report on Monday, December 1st. Finally, Weiss Ratings reissued a “hold (c-)” rating on shares of Gulfport Energy in a research report on Wednesday, October 8th. One investment analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and six have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $221.25.

Insider Activity

In other Gulfport Energy news, Director Jason Joseph Martinez sold 600 shares of the company’s stock in a transaction dated Tuesday, September 9th. The shares were sold at an average price of $171.57, for a total transaction of $102,942.00. Following the sale, the director directly owned 4,288 shares of the company’s stock, valued at approximately $735,692.16. This represents a 12.27% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Timothy J. Cutt sold 2,635 shares of the firm’s stock in a transaction that occurred on Tuesday, November 11th. The stock was sold at an average price of $210.45, for a total transaction of $554,535.75. Following the sale, the director directly owned 35,473 shares of the company’s stock, valued at approximately $7,465,292.85. The trade was a 6.91% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders have sold 294,795 shares of company stock worth $64,658,224. Company insiders own 0.62% of the company’s stock.

Gulfport Energy Company Profile

Gulfport Energy Corporation engages in the exploration, development, acquisition, production of natural gas, crude oil, and natural gas liquids (NGL) in the United States. Its principal properties include Utica Shale covering an area approximately 187,000 net reservoir acres primarily located in Eastern Ohio; and SCOOP covering an area approximately 74,000 net reservoir acres primarily located in Garvin, Grady, and Stephens.