Banco BTG Pactual S.A. Purchases 2,143 Shares of GeoPark Limited (NYSE:GPRK)

Banco BTG Pactual S.A. lifted its holdings in GeoPark Limited (NYSE:GPRK) by 16.7% in the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 15,000 shares of the oil and gas company’s stock after acquiring an additional 2,143 shares during the quarter. Banco BTG Pactual S.A.’s holdings in GeoPark were worth $152,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in the business. Public Employees Retirement System of Ohio bought a new position in GeoPark during the 3rd quarter valued at approximately $44,000. R Squared Ltd purchased a new position in GeoPark in the fourth quarter worth about $50,000. Blue Trust Inc. lifted its position in GeoPark by 25.6% in the 4th quarter. Blue Trust Inc. now owns 6,142 shares of the oil and gas company’s stock valued at $57,000 after acquiring an additional 1,252 shares in the last quarter. Barclays PLC boosted its position in shares of GeoPark by 392.3% during the third quarter. Barclays PLC now owns 8,974 shares of the oil and gas company’s stock valued at $71,000 after buying an additional 7,151 shares during the last quarter. Finally, Puff Wealth Management LLC purchased a new stake in shares of GeoPark during the 4th quarter valued at about $121,000. 68.21% of the stock is currently owned by hedge funds and other institutional investors.

GeoPark Trading Down 1.3 %

Shares of GeoPark stock opened at $8.13 on Thursday. The company has a quick ratio of 1.23, a current ratio of 1.28 and a debt-to-equity ratio of 2.53. GeoPark Limited has a twelve month low of $7.24 and a twelve month high of $11.72. The business has a 50-day moving average price of $8.72 and a 200-day moving average price of $8.85. The firm has a market cap of $415.70 million, a price-to-earnings ratio of 4.12 and a beta of 1.37.

GeoPark (NYSE:GPRK) last released its quarterly earnings results on Wednesday, March 5th. The oil and gas company reported $0.30 EPS for the quarter, missing the consensus estimate of $0.73 by ($0.43). GeoPark had a return on equity of 57.93% and a net margin of 14.97%. The company had revenue of $143.70 million during the quarter, compared to analysts’ expectations of $141.00 million. Equities research analysts anticipate that GeoPark Limited will post 1.97 EPS for the current fiscal year.

GeoPark Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, March 31st. Investors of record on Wednesday, March 19th will be paid a $0.147 dividend. The ex-dividend date is Wednesday, March 19th. This represents a $0.59 annualized dividend and a yield of 7.24%. GeoPark’s dividend payout ratio (DPR) is currently 32.22%.

Analyst Upgrades and Downgrades

Separately, StockNews.com raised shares of GeoPark from a “hold” rating to a “buy” rating in a research report on Friday, March 14th.

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.