Caxton Associates LLP Has $2.89 Million Stock Holdings in Gulfport Energy Corporation $GPOR

Caxton Associates LLP reduced its stake in Gulfport Energy Corporation (NYSE:GPOR) by 26.2% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 14,358 shares of the company’s stock after selling 5,100 shares during the period. Caxton Associates LLP owned 0.08% of Gulfport Energy worth $2,888,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. Strs Ohio acquired a new stake in shares of Gulfport Energy during the 1st quarter worth about $239,000. Rhumbline Advisers raised its holdings in Gulfport Energy by 1.2% in the 1st quarter. Rhumbline Advisers now owns 20,623 shares of the company’s stock valued at $3,798,000 after acquiring an additional 248 shares during the period. Livforsakringsbolaget Skandia Omsesidigt lifted its position in Gulfport Energy by 337.6% during the second quarter. Livforsakringsbolaget Skandia Omsesidigt now owns 61,700 shares of the company’s stock worth $12,412,000 after acquiring an additional 47,600 shares during the last quarter. Pallas Capital Advisors LLC acquired a new stake in Gulfport Energy during the second quarter worth approximately $263,000. Finally, Wealth Enhancement Advisory Services LLC bought a new stake in shares of Gulfport Energy during the second quarter worth approximately $557,000.

Gulfport Energy Price Performance

Gulfport Energy stock opened at $207.95 on Monday. The firm has a market cap of $4.02 billion, a PE ratio of -109.45 and a beta of 0.60. The company has a debt-to-equity ratio of 0.39, a current ratio of 0.54 and a quick ratio of 0.54. The stock’s fifty day moving average price is $198.98 and its two-hundred day moving average price is $186.94. Gulfport Energy Corporation has a one year low of $153.27 and a one year high of $225.78.

Gulfport Energy (NYSE:GPOR) last released its earnings results on Tuesday, November 4th. The company reported $3.13 earnings per share (EPS) for the quarter, missing the consensus estimate of $4.64 by ($1.51). The company had revenue of $379.75 million for the quarter, compared to analyst estimates of $343.18 million. Gulfport Energy had a return on equity of 20.95% and a net margin of 1.68%.

Insiders Place Their Bets

In other Gulfport Energy news, Director Timothy J. Cutt sold 2,635 shares of the firm’s stock in a transaction dated Tuesday, November 11th. The shares were sold at an average price of $210.45, for a total value of $554,535.75. Following the transaction, the director directly owned 35,473 shares of the company’s stock, valued at $7,465,292.85. This trade represents a 6.91% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Silver Point Capital L.P. sold 45,546 shares of the business’s stock in a transaction that occurred on Tuesday, December 2nd. The shares were sold at an average price of $219.56, for a total transaction of $10,000,079.76. Following the completion of the transaction, the director owned 3,449,885 shares of the company’s stock, valued at $757,456,750.60. The trade was a 1.30% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 294,195 shares of company stock worth $64,555,282 over the last ninety days. Corporate insiders own 0.33% of the company’s stock.

Analysts Set New Price Targets

GPOR has been the topic of several research reports. William Blair assumed coverage on Gulfport Energy in a research report on Monday, August 25th. They issued an “outperform” rating on the stock. KeyCorp boosted their price target on Gulfport Energy from $205.00 to $230.00 and gave the company an “overweight” rating in a research note on Monday, November 10th. Mizuho increased their price objective on Gulfport Energy from $219.00 to $239.00 and gave the stock a “neutral” rating in a research report on Friday. UBS Group lifted their target price on Gulfport Energy from $227.00 to $264.00 and gave the stock a “buy” rating in a report on Friday. Finally, Roth Capital initiated coverage on shares of Gulfport Energy in a research report on Monday, October 13th. They issued a “neutral” rating and a $200.00 target price for the company. One research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating, five have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $230.88.

About Gulfport Energy

Gulfport Energy Corporation engages in the exploration, development, acquisition, production of natural gas, crude oil, and natural gas liquids (NGL) in the United States. Its principal properties include Utica Shale covering an area approximately 187,000 net reservoir acres primarily located in Eastern Ohio; and SCOOP covering an area approximately 74,000 net reservoir acres primarily located in Garvin, Grady, and Stephens.