Geopark (NYSE:GPRK) Director James Franklin Park Sells 120,000 Shares

Geopark Ltd (NYSE:GPRK) Director James Franklin Park sold 120,000 shares of the stock in a transaction dated Monday, August 10th. The shares were sold at an average price of $9.65, for a total value of $1,158,000.00. Following the completion of the transaction, the director directly owned 792,118 shares in the company, valued at $7,643,938.70. This represents a 13.16% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink.

Geopark Trading Down 0.4%

Geopark stock opened at $9.27 on Thursday. The stock has a 50-day moving average price of $9.83 and a 200 day moving average price of $9.37. The company has a market capitalization of $479.35 million, a price-to-earnings ratio of 6.31 and a beta of 0.39. Geopark Ltd has a 52 week low of $5.75 and a 52 week high of $11.87. 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 (NYSE:GPRK) last posted its quarterly earnings results on Tuesday, August 4th. The oil and gas company reported $0.22 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.12 by $0.10. Geopark had a net margin of 16.00% and a return on equity of 31.33%. The company had revenue of $143.30 million during the quarter, compared to analyst estimates of $185.50 million.

Geopark Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, September 2nd. Investors of record on Wednesday, August 19th will be given a dividend of $0.023 per share. The ex-dividend date is Wednesday, August 19th. This represents a $0.09 dividend on an annualized basis and a yield of 1.0%. Geopark’s payout ratio is currently 6.12%.

Analyst Upgrades and Downgrades

GPRK has been the topic of several analyst reports. Wall Street Zen downgraded Geopark from a “strong-buy” rating to a “buy” rating in a research report on Saturday, August 8th. Weiss Ratings reissued a “hold (c)” rating on shares of Geopark in a report on Friday, July 17th. Two equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $11.50.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position in shares of Geopark by 115.2% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 284,962 shares of the oil and gas company’s stock worth $2,302,000 after acquiring an additional 152,520 shares during the period. Millennium Management LLC grew its position in shares of Geopark by 139.9% during the 1st quarter. Millennium Management LLC now owns 594,154 shares of the oil and gas company’s stock valued at $4,801,000 after acquiring an additional 346,521 shares during the period. Goldman Sachs Group Inc. increased its stake in shares of Geopark by 94.2% in the 1st quarter. Goldman Sachs Group Inc. now owns 365,825 shares of the oil and gas company’s stock valued at $2,956,000 after purchasing an additional 177,496 shares in the last quarter. Quantbot Technologies LP purchased a new position in shares of Geopark in the 2nd quarter valued at about $401,000. Finally, Nebula Research & Development LLC raised its holdings 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 purchasing an additional 2,793 shares during the period. Hedge funds and other institutional investors 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.