Banco BTG Pactual S.A. Increases Position in GeoPark Limited (NYSE:GPRK)

Banco BTG Pactual S.A. increased its position in shares of GeoPark Limited (NYSE:GPRK) by 16.7% in the 4th quarter, HoldingsChannel reports. The fund owned 15,000 shares of the oil and gas company’s stock after acquiring an additional 2,143 shares during the period. Banco BTG Pactual S.A.’s holdings in GeoPark were worth $152,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in the business. Public Employees Retirement System of Ohio purchased a new position in shares of GeoPark in the third quarter worth $44,000. R Squared Ltd purchased a new stake in GeoPark in the fourth quarter valued at $50,000. Blue Trust Inc. boosted its stake in GeoPark by 25.6% during the fourth quarter. Blue Trust Inc. now owns 6,142 shares of the oil and gas company’s stock worth $57,000 after buying an additional 1,252 shares during the period. Barclays PLC boosted its position in shares of GeoPark by 392.3% during the 3rd quarter. Barclays PLC now owns 8,974 shares of the oil and gas company’s stock worth $71,000 after purchasing an additional 7,151 shares during the period. Finally, Puff Wealth Management LLC acquired a new stake in shares of GeoPark in the fourth quarter valued at $121,000. 68.21% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

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

GeoPark Stock Down 1.3 %

GPRK stock opened at $8.13 on Thursday. The company has a debt-to-equity ratio of 2.53, a current ratio of 1.28 and a quick ratio of 1.23. The company has a market cap of $415.70 million, a price-to-earnings ratio of 4.12 and a beta of 1.37. GeoPark Limited has a 12 month low of $7.24 and a 12 month high of $11.72. The company has a fifty day moving average price of $8.72 and a 200 day moving average price of $8.85.

GeoPark (NYSE:GPRK) last issued its quarterly earnings results on Wednesday, March 5th. The oil and gas company reported $0.30 EPS for the quarter, missing analysts’ consensus estimates of $0.73 by ($0.43). The firm had revenue of $143.70 million for the quarter, compared to analysts’ expectations of $141.00 million. GeoPark had a return on equity of 57.93% and a net margin of 14.97%. Sell-side analysts expect that GeoPark Limited will post 1.97 earnings per share for the current year.

GeoPark Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, March 31st. Shareholders of record on Wednesday, March 19th will be paid a dividend of $0.147 per share. This represents a $0.59 dividend on an annualized basis and a dividend yield of 7.24%. The ex-dividend date of this dividend is Wednesday, March 19th. GeoPark’s dividend payout ratio is presently 32.22%.

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.