Squarepoint Ops LLC Makes New $188,000 Investment in GeoPark Limited (NYSE:GPRK)

Squarepoint Ops LLC acquired a new position in GeoPark Limited (NYSE:GPRK) in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 20,241 shares of the oil and gas company’s stock, valued at approximately $188,000.

Several other large investors also recently added to or reduced their stakes in GPRK. Arrowstreet Capital Limited Partnership raised its holdings in shares of GeoPark by 43.2% during the fourth quarter. Arrowstreet Capital Limited Partnership now owns 223,867 shares of the oil and gas company’s stock worth $2,075,000 after acquiring an additional 67,573 shares in the last quarter. JPMorgan Chase & Co. increased its stake in shares of GeoPark by 55.1% during the 4th quarter. JPMorgan Chase & Co. now owns 339,337 shares of the oil and gas company’s stock worth $3,146,000 after purchasing an additional 120,518 shares during the last quarter. Invesco Ltd. raised its holdings in shares of GeoPark by 7.9% during the 4th quarter. Invesco Ltd. now owns 126,197 shares of the oil and gas company’s stock valued at $1,170,000 after purchasing an additional 9,199 shares in the last quarter. Savant Capital LLC increased its position in GeoPark by 95.4% during the fourth quarter. Savant Capital LLC now owns 22,119 shares of the oil and gas company’s stock worth $205,000 after buying an additional 10,800 shares during the last quarter. Finally, Cubist Systematic Strategies LLC bought a new stake in shares of GeoPark during the 4th quarter worth about $475,000. 68.21% of the stock is owned by institutional investors and hedge funds.

GeoPark Stock Up 3.6%

GeoPark stock opened at $6.99 on Monday. The company has a debt-to-equity ratio of 2.53, a current ratio of 1.28 and a quick ratio of 1.23. GeoPark Limited has a fifty-two week low of $5.66 and a fifty-two week high of $11.72. The firm has a fifty day moving average price of $6.67 and a two-hundred day moving average price of $8.36. The firm has a market cap of $358.22 million, a price-to-earnings ratio of 3.55 and a beta of 0.76.

GeoPark (NYSE:GPRK) last posted its quarterly earnings data on Wednesday, May 7th. The oil and gas company reported $0.34 EPS for the quarter, missing analysts’ consensus estimates of $0.46 by ($0.12). GeoPark had a return on equity of 57.93% and a net margin of 14.97%. The business had revenue of $137.30 million during the quarter, compared to the consensus estimate of $126.00 million. As a group, analysts forecast that GeoPark Limited will post 1.97 earnings per share for the current year.

GeoPark Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, June 5th. Investors of record on Thursday, May 22nd were given a dividend of $0.147 per share. This represents a $0.59 dividend on an annualized basis and a yield of 8.41%. The ex-dividend date was Thursday, May 22nd. GeoPark’s dividend payout ratio (DPR) is currently 38.41%.

Analysts Set New Price Targets

Separately, Wall Street Zen downgraded GeoPark from a “buy” rating to a “hold” rating in a report on Sunday, April 27th.

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.