Systematic Financial Management LP Has $19.15 Million Stock Position in Gulfport Energy Corporation $GPOR

Systematic Financial Management LP grew its position in Gulfport Energy Corporation (NYSE:GPOR) by 6.1% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 92,048 shares of the company’s stock after buying an additional 5,309 shares during the period. Systematic Financial Management LP owned approximately 0.48% of Gulfport Energy worth $19,145,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in GPOR. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its holdings in shares of Gulfport Energy by 2.5% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 7,552 shares of the company’s stock valued at $1,391,000 after buying an additional 181 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its holdings in shares of Gulfport Energy by 14.8% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 95,749 shares of the company’s stock valued at $17,631,000 after buying an additional 12,327 shares during the period. Intech Investment Management LLC boosted its stake in Gulfport Energy by 11.6% in the 1st quarter. Intech Investment Management LLC now owns 6,400 shares of the company’s stock worth $1,178,000 after purchasing an additional 665 shares during the period. Cetera Investment Advisers boosted its stake in Gulfport Energy by 16.7% in the 2nd quarter. Cetera Investment Advisers now owns 1,532 shares of the company’s stock worth $308,000 after purchasing an additional 219 shares during the period. Finally, Prudential Financial Inc. acquired a new position in Gulfport Energy in the 2nd quarter worth $400,000.

Gulfport Energy Price Performance

Shares of NYSE GPOR opened at $178.26 on Friday. The firm has a market cap of $3.20 billion, a PE ratio of 6.09 and a beta of 0.46. The company has a current ratio of 0.56, a quick ratio of 0.56 and a debt-to-equity ratio of 0.46. Gulfport Energy Corporation has a 1-year low of $160.95 and a 1-year high of $225.78. The company has a fifty day moving average price of $195.06 and a 200 day moving average price of $199.63.

Gulfport Energy (NYSE:GPOR) last issued its quarterly earnings results on Tuesday, February 24th. The company reported $5.60 EPS for the quarter, missing the consensus estimate of $5.61 by ($0.01). Gulfport Energy had a return on equity of 23.51% and a net margin of 35.72%.The business had revenue of $398.19 million for the quarter, compared to the consensus estimate of $373.24 million. Research analysts predict that Gulfport Energy Corporation will post 24.82 earnings per share for the current fiscal year.

Insider Activity

In other Gulfport Energy news, Director Timothy J. Cutt sold 5,000 shares of the business’s stock in a transaction dated Monday, March 2nd. The shares were sold at an average price of $208.73, for a total transaction of $1,043,650.00. Following the sale, the director directly owned 26,255 shares of the company’s stock, valued at $5,480,206.15. The trade was a 16.00% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this link. Also, Director Silver Point Capital L.P. sold 84,416 shares of the business’s stock in a transaction dated Tuesday, March 3rd. The stock was sold at an average price of $204.22, for a total transaction of $17,239,435.52. Following the sale, the director directly owned 2,605,729 shares in the company, valued at $532,141,976.38. This trade represents a 3.14% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last ninety days, insiders sold 876,258 shares of company stock worth $179,141,707. 0.70% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

A number of brokerages recently weighed in on GPOR. TD Cowen raised shares of Gulfport Energy to a “strong-buy” rating in a research note on Monday, February 9th. UBS Group reduced their target price on shares of Gulfport Energy from $260.00 to $245.00 and set a “buy” rating for the company in a research note on Thursday, April 16th. Bank of America upped their target price on shares of Gulfport Energy from $215.00 to $237.00 and gave the stock a “buy” rating in a research note on Thursday, March 19th. Mizuho upped their target price on shares of Gulfport Energy from $248.00 to $251.00 and gave the stock a “neutral” rating in a research note on Wednesday, May 6th. Finally, Truist Financial reduced their target price on shares of Gulfport Energy from $230.00 to $219.00 and set a “hold” rating for the company in a research note on Friday, May 8th. One investment analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating and seven have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $230.11.

About Gulfport Energy

Gulfport Energy Corporation is an independent oil and gas exploration and production company based in Oklahoma City, Oklahoma. The company focuses on the development of onshore natural gas, natural gas liquids (NGLs) and crude oil properties in the United States. Gulfport utilizes horizontal drilling and multi-stage hydraulic fracturing techniques to maximize production and enhance recovery from its resource plays.

The company’s primary operations are concentrated in two major U.S. resource basins.