California State Teachers Retirement System Has $3.98 Million Holdings in Gulfport Energy Corporation $GPOR

California State Teachers Retirement System lifted its position in Gulfport Energy Corporation (NYSE:GPOR) by 25.3% in the 1st quarter, HoldingsChannel reports. The institutional investor owned 18,797 shares of the company’s stock after buying an additional 3,798 shares during the quarter. California State Teachers Retirement System’s holdings in Gulfport Energy were worth $3,977,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in GPOR. Keybank National Association OH lifted its position in shares of Gulfport Energy by 1.2% during the 1st quarter. Keybank National Association OH now owns 5,881 shares of the company’s stock valued at $1,244,000 after buying an additional 67 shares during the last quarter. Polymer Capital Management US LLC raised its stake in Gulfport Energy by 3.8% in the 3rd quarter. Polymer Capital Management US LLC now owns 2,193 shares of the company’s stock valued at $397,000 after acquiring an additional 81 shares during the period. Allworth Financial LP raised its stake in Gulfport Energy by 113.3% in the 4th quarter. Allworth Financial LP now owns 160 shares of the company’s stock valued at $33,000 after acquiring an additional 85 shares during the period. Sequoia Financial Advisors LLC lifted its holdings in Gulfport Energy by 3.3% during the fourth quarter. Sequoia Financial Advisors LLC now owns 2,959 shares of the company’s stock valued at $615,000 after purchasing an additional 94 shares during the last quarter. Finally, King Luther Capital Management Corp lifted its holdings in Gulfport Energy by 0.4% during the fourth quarter. King Luther Capital Management Corp now owns 23,535 shares of the company’s stock valued at $4,895,000 after purchasing an additional 102 shares during the last quarter.

Wall Street Analyst Weigh In

Several analysts have recently issued reports on GPOR shares. Mizuho raised shares of Gulfport Energy from a “neutral” rating to an “outperform” rating and boosted their price target for the company from $251.00 to $252.00 in a research report on Wednesday, May 27th. Truist Financial dropped their price objective on Gulfport Energy from $190.00 to $186.00 and set a “hold” rating on the stock in a report on Wednesday. Weiss Ratings cut Gulfport Energy from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Thursday, July 16th. Zacks Research lowered shares of Gulfport Energy from a “hold” rating to a “strong sell” rating in a research report on Monday, July 13th. Finally, UBS Group decreased their target price on shares of Gulfport Energy from $223.00 to $214.00 and set a “buy” rating on the stock in a report on Wednesday. One investment analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating, six have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, Gulfport Energy presently has an average rating of “Moderate Buy” and a consensus target price of $223.11.

Gulfport Energy Trading Up 2.5%

Shares of GPOR opened at $162.39 on Friday. Gulfport Energy Corporation has a 1-year low of $149.18 and a 1-year high of $225.78. The company has a market capitalization of $2.87 billion, a P/E ratio of 6.50 and a beta of 0.41. The company has a debt-to-equity ratio of 0.51, a current ratio of 0.58 and a quick ratio of 0.56. The firm’s 50 day simple moving average is $161.20 and its 200 day simple moving average is $183.85.

Gulfport Energy Profile

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.