DGS Capital Management LLC Acquires New Stake in GeoPark Limited (NYSE:GPRK)

DGS Capital Management LLC acquired a new stake in GeoPark Limited (NYSE:GPRK) during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 18,863 shares of the oil and gas company’s stock, valued at approximately $148,000.

Other large investors also recently bought and sold shares of the company. Liontrust Investment Partners LLP purchased a new position in shares of GeoPark during the 2nd quarter worth approximately $460,000. Principal Financial Group Inc. acquired a new position in GeoPark during the second quarter worth $2,261,000. Commonwealth Equity Services LLC purchased a new position in GeoPark in the second quarter worth $244,000. nVerses Capital LLC acquired a new stake in GeoPark in the second quarter valued at $35,000. Finally, Acadian Asset Management LLC boosted its position in shares of GeoPark by 3,251.7% during the 2nd quarter. Acadian Asset Management LLC now owns 379,483 shares of the oil and gas company’s stock worth $4,139,000 after purchasing an additional 368,161 shares in the last quarter. Hedge funds and other institutional investors own 68.21% of the company’s stock.

Wall Street Analysts Forecast Growth

GPRK has been the subject of a number of research analyst reports. StockNews.com downgraded shares of GeoPark from a “strong-buy” rating to a “buy” rating in a report on Tuesday, December 10th. JPMorgan Chase & Co. dropped their target price on shares of GeoPark from $12.00 to $11.00 and set an “overweight” rating for the company in a report on Wednesday, October 30th.

GeoPark Stock Down 1.6 %

GeoPark stock opened at $10.74 on Friday. The firm has a market capitalization of $549.46 million, a price-to-earnings ratio of 5.45 and a beta of 1.37. The company has a debt-to-equity ratio of 2.53, a quick ratio of 1.23 and a current ratio of 1.28. GeoPark Limited has a fifty-two week low of $7.24 and a fifty-two week high of $11.72. The stock’s fifty day moving average is $8.84 and its two-hundred day moving average is $9.25.

GeoPark (NYSE:GPRK) last issued its quarterly earnings data on Wednesday, November 6th. The oil and gas company reported $0.48 EPS for the quarter, missing analysts’ consensus estimates of $0.59 by ($0.11). The business had revenue of $159.50 million during the quarter, compared to analyst estimates of $156.99 million. GeoPark had a net margin of 14.97% and a return on equity of 57.93%. Analysts predict that GeoPark Limited will post 2.56 EPS for the current fiscal year.

GeoPark Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, December 6th. Investors of record on Thursday, November 21st were given a dividend of $0.147 per share. The ex-dividend date of this dividend was Thursday, November 21st. This represents a $0.59 annualized dividend and a dividend yield of 5.47%. GeoPark’s dividend payout ratio is currently 29.95%.

About GeoPark

GeoPark Limited operates as an oil and natural gas exploration and production company primarily in Chile, Colombia, Brazil, Argentina, Ecuador, and other Latin American countries. It engages in the exploration, development, and production of oil and gas reserves. The company was formerly known as GeoPark Holdings Limited and changed its name to GeoPark Limited in July 2013.