Geopark (NYSE:GPRK) Director Sells $1,192,000.00 in Stock

Geopark Ltd (NYSE:GPRK) Director James Park sold 100,000 shares of the stock in a transaction on Tuesday, September 8th. The shares were sold at an average price of $11.92, for a total value of $1,192,000.00. Following the completion of the transaction, the director owned 692,118 shares of the company’s stock, valued at $8,250,046.56. This trade represents a 12.62% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website.

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 value of $1,158,000.00.

Geopark Price Performance

NYSE GPRK opened at $11.45 on Friday. The stock’s 50-day moving average price is $10.07 and its two-hundred day moving average price is $9.70. The company has a current ratio of 1.17, a quick ratio of 1.15 and a debt-to-equity ratio of 1.21. The company has a market cap of $591.87 million, a PE ratio of 7.79 and a beta of 0.41. Geopark Ltd has a 1 year low of $5.75 and a 1 year high of $13.13.

Geopark (NYSE:GPRK) last announced its earnings results on Monday, August 3rd. The oil and gas company reported $0.22 EPS for the quarter, topping the consensus estimate of $0.12 by $0.10. The company had revenue of $143.30 million during the quarter, compared to analysts’ expectations of $185.50 million. Geopark had a net margin of 16.00% and a return on equity of 31.33%.

Geopark Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, September 2nd. Investors of record on Wednesday, August 19th were paid a $0.023 dividend. The ex-dividend date of this dividend was Wednesday, August 19th. This represents a $0.09 dividend on an annualized basis and a yield of 0.8%. Geopark’s dividend payout ratio (DPR) is currently 6.12%.

Wall Street Analyst Weigh In

A number of research firms have recently issued reports on GPRK. Weiss Ratings restated a “hold (c)” rating on shares of Geopark in a report on Friday, July 17th. Jefferies Financial Group reiterated a “buy” rating and set a $12.00 price target on shares of Geopark in a report on Wednesday. Finally, Wall Street Zen lowered Geopark from a “strong-buy” rating to a “buy” rating in a research report on Saturday, August 8th. One research analyst has rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat, Geopark has an average rating of “Hold” and a consensus target price of $12.00.

Hedge Funds Weigh In On Geopark

A number of hedge funds have recently added to or reduced their stakes in GPRK. Public Employees Retirement System of Ohio bought a new position in Geopark during the second quarter valued at approximately $29,000. Caitong International Asset Management Co. Ltd grew its position in Geopark by 86.1% in the fourth quarter. Caitong International Asset Management Co. Ltd now owns 6,775 shares of the oil and gas company’s stock worth $50,000 after acquiring an additional 3,134 shares in the last quarter. StoneX Group Inc. acquired a new position in shares of Geopark during the 4th quarter worth $101,000. PharVision Advisers LLC acquired a new position in shares of Geopark during the 3rd quarter worth $117,000. Finally, Graham Capital Management L.P. bought a new position in shares of Geopark during the 4th quarter valued at $139,000. Institutional investors and hedge funds own 68.21% of the company’s stock.

About Geopark

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.