Geopark Ltd (NYSE:GPRK – Get Free Report) Director James Park sold 100,000 shares of Geopark stock in a transaction that occurred on Tuesday, September 8th. The shares were sold at an average price of $11.92, for a total transaction of $1,192,000.00. Following the completion of the transaction, the director directly owned 692,118 shares in the company, valued at approximately $8,250,046.56. The trade was a 12.62% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink.
James Franklin Park also recently made the following trade(s):
- On Monday, August 10th, James Park sold 120,000 shares of Geopark stock. The stock was sold at an average price of $9.65, for a total transaction of $1,158,000.00.
Geopark Trading Up 0.6%
Shares of NYSE:GPRK opened at $11.98 on Friday. The firm has a market cap of $619.38 million, a price-to-earnings ratio of 8.15 and a beta of 0.41. Geopark Ltd has a 12 month low of $5.75 and a 12 month high of $13.13. The company’s fifty day simple moving average is $10.02 and its 200 day simple moving average is $9.69. The company has a quick ratio of 1.15, a current ratio of 1.17 and a debt-to-equity ratio of 1.21.
Geopark Announces Dividend
The firm also recently declared a quarterly dividend, which was paid on Wednesday, September 2nd. Shareholders of record on Wednesday, August 19th were paid a $0.023 dividend. This represents a $0.09 annualized dividend and a yield of 0.8%. The ex-dividend date was Wednesday, August 19th. Geopark’s payout ratio is presently 6.12%.
Wall Street Analysts Forecast Growth
Several equities analysts have recently weighed in on the company. Jefferies Financial Group restated a “buy” rating and issued a $12.00 price objective on shares of Geopark in a report on Wednesday. Wall Street Zen downgraded Geopark from a “strong-buy” rating to a “buy” rating in a research note on Saturday, August 8th. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Geopark in a research note on Friday, July 17th. One investment analyst has rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat.com, Geopark has a consensus rating of “Hold” and a consensus target price of $12.00.
Check Out Our Latest Research Report on Geopark
Hedge Funds Weigh In On Geopark
A number of institutional investors have recently bought and sold shares of GPRK. State Street Corp lifted its stake in Geopark by 4.7% during the fourth quarter. State Street Corp now owns 26,987 shares of the oil and gas company’s stock worth $200,000 after purchasing an additional 1,216 shares during the last quarter. Fox Run Management L.L.C. increased its position in shares of Geopark by 4.6% during the 4th quarter. Fox Run Management L.L.C. now owns 52,100 shares of the oil and gas company’s stock valued at $386,000 after purchasing an additional 2,279 shares during the last quarter. Lazard Asset Management LLC raised its holdings in shares of Geopark by 4.6% during the 1st quarter. Lazard Asset Management LLC now owns 53,885 shares of the oil and gas company’s stock valued at $512,000 after buying an additional 2,383 shares in the last quarter. Glenorchy Capital Ltd raised its holdings in shares of Geopark by 1.4% during the 2nd quarter. Glenorchy Capital Ltd now owns 181,274 shares of the oil and gas company’s stock valued at $1,182,000 after buying an additional 2,562 shares in the last quarter. Finally, Nebula Research & Development LLC lifted its position in Geopark by 11.5% in the 2nd quarter. Nebula Research & Development LLC now owns 27,028 shares of the oil and gas company’s stock worth $176,000 after buying an additional 2,793 shares during the last quarter. Institutional investors and hedge funds own 68.21% of the company’s stock.
Geopark Company Profile
Geopark Ltd. (NYSE:GPRK) is an independent oil and gas exploration and production company focused on Latin America. Founded in 2002 and with corporate offices in Canada and regional headquarters in Bogotá, Colombia, Geopark pursues the discovery and development of unconventional and conventional hydrocarbon resources. The company’s strategy emphasizes asset consolidation in established basins alongside disciplined capital allocation to maximize production efficiency.
The company’s core operations are centered in Colombia’s Llanos Basin, where it holds interests in several producing blocks that deliver light crude oil to local and export markets.
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