Geopark (NYSE:GPRK) Stock Price Down 5.6% – Should You Sell?

Geopark Ltd (NYSE:GPRK) shares traded down 5.6% on Monday . The stock traded as low as $10.43 and last traded at $10.5740. 94,016 shares were traded during trading, a decline of 89% from the average session volume of 874,980 shares. The stock had previously closed at $11.20.

Analyst Upgrades and Downgrades

Several research analysts have weighed in on the stock. Jefferies Financial Group restated a “buy” rating and set a $11.50 target price on shares of Geopark in a research report on Thursday, March 5th. Weiss Ratings upgraded shares of Geopark from a “hold (c-)” rating to a “hold (c)” rating in a research report on Tuesday, April 21st. Two equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat, Geopark has an average rating of “Moderate Buy” and a consensus price target of $11.50.

Geopark Stock Down 7.2%

The company has a debt-to-equity ratio of 1.51, a quick ratio of 0.96 and a current ratio of 1.00. The firm’s 50-day moving average is $9.76 and its 200 day moving average is $8.72. The firm has a market capitalization of $537.27 million, a PE ratio of 9.88 and a beta of 0.36.

Geopark (NYSE:GPRK) last released its quarterly earnings data on Wednesday, May 6th. The oil and gas company reported $0.36 EPS for the quarter, topping the consensus estimate of $0.23 by $0.13. Geopark had a net margin of 11.74% and a return on equity of 36.71%. The business had revenue of $128.40 million for the quarter, compared to analyst estimates of $140.00 million.

Geopark Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, June 4th. Investors of record on Wednesday, May 20th were given a $0.023 dividend. The ex-dividend date was Wednesday, May 20th. This represents a $0.09 annualized dividend and a dividend yield of 0.9%. Geopark’s payout ratio is currently 8.57%.

Insider Activity at Geopark

In related news, Director James Franklin Park sold 100,000 shares of the business’s stock in a transaction dated Monday, April 20th. The shares were sold at an average price of $8.83, for a total value of $883,000.00. Following the sale, the director directly owned 912,118 shares in the company, valued at $8,054,001.94. The trade was a 9.88% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.

Hedge Funds Weigh In On Geopark

Several institutional investors and hedge funds have recently modified their holdings of GPRK. VR Advisory Services Ltd lifted its stake in shares of Geopark by 370.9% during the fourth quarter. VR Advisory Services Ltd now owns 1,105,201 shares of the oil and gas company’s stock valued at $8,190,000 after buying an additional 870,516 shares during the period. Vennlight Capital Management LP purchased a new position in shares of Geopark during the fourth quarter valued at approximately $5,854,000. Renaissance Technologies LLC lifted its stake in shares of Geopark by 21.2% during the first quarter. Renaissance Technologies LLC now owns 3,309,031 shares of the oil and gas company’s stock valued at $31,436,000 after buying an additional 578,178 shares during the period. UBS Group AG lifted its stake in shares of Geopark by 81.5% during the third quarter. UBS Group AG now owns 981,131 shares of the oil and gas company’s stock valued at $6,250,000 after buying an additional 440,706 shares during the period. Finally, Aventail Capital Group LP purchased a new position in shares of Geopark during the fourth quarter valued at approximately $3,164,000. 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.