Boston Partners increased its stake in shares of Geopark Ltd (NYSE:GPRK) by 10.3% in the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 209,834 shares of the oil and gas company’s stock after purchasing an additional 19,527 shares during the period. Boston Partners’ holdings in Geopark were worth $2,079,000 at the end of the most recent reporting period.
Several other large investors also recently bought and sold shares of GPRK. Acadian Asset Management LLC lifted its holdings in Geopark by 12.4% during the 4th quarter. Acadian Asset Management LLC now owns 342,955 shares of the oil and gas company’s stock worth $3,398,000 after buying an additional 37,933 shares in the last quarter. Victory Capital Management Inc. lifted its holdings in Geopark by 1,202.0% during the 3rd quarter. Victory Capital Management Inc. now owns 291,683 shares of the oil and gas company’s stock worth $2,555,000 after buying an additional 269,281 shares in the last quarter. California Public Employees Retirement System lifted its holdings in Geopark by 7.9% during the 3rd quarter. California Public Employees Retirement System now owns 283,924 shares of the oil and gas company’s stock worth $2,487,000 after buying an additional 20,824 shares in the last quarter. Macquarie Group Ltd. acquired a new stake in Geopark during the 3rd quarter worth approximately $1,108,000. Finally, Goldman Sachs Group Inc. lifted its holdings in Geopark by 19.4% during the 2nd quarter. Goldman Sachs Group Inc. now owns 89,329 shares of the oil and gas company’s stock worth $674,000 after buying an additional 14,517 shares in the last quarter. 19.13% of the stock is owned by hedge funds and other institutional investors.
GPRK has been the topic of a number of research reports. GMP Securities reiterated a “buy” rating and set a $15.50 target price on shares of Geopark in a report on Thursday, December 21st. Canaccord Genuity reiterated a “buy” rating and set a $13.00 target price on shares of Geopark in a report on Tuesday, January 9th. TheStreet lowered shares of Geopark from a “c-” rating to a “d+” rating in a report on Wednesday, November 29th. Scotiabank increased their target price on shares of Geopark from $10.00 to $10.50 and gave the stock an “outperform” rating in a report on Thursday, November 16th. Finally, ValuEngine lowered shares of Geopark from a “hold” rating to a “sell” rating in a report on Friday, December 1st. One equities research analyst has rated the stock with a hold rating and nine have given a buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and an average price target of $12.93.
Geopark (NYSE:GPRK) last announced its quarterly earnings data on Thursday, November 16th. The oil and gas company reported ($0.33) earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.15 by ($0.48). Geopark had a negative net margin of 14.14% and a negative return on equity of 24.43%. The firm had revenue of $81.91 million during the quarter, compared to analyst estimates of $77.35 million. sell-side analysts anticipate that Geopark Ltd will post 0.11 earnings per share for the current fiscal year.
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GeoPark Limited engages in the exploration, development, and production of oil and gas reserves in Chile, Colombia, Brazil, Peru, and Argentina. As of December 31, 2016, the company had working and/or economic interests in 26 hydrocarbons blocks, as well as shallow-offshore concession in Brazil that includes the Manati Field.
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