GeoPark (NYSE:GPRK) Upgraded to Hold at ValuEngine

ValuEngine upgraded shares of GeoPark (NYSE:GPRK) from a sell rating to a hold rating in a research note published on Tuesday, ValuEngine reports.

Separately, Zacks Investment Research lowered GeoPark from a hold rating to a strong sell rating in a research note on Wednesday, November 13th.

NYSE:GPRK opened at $18.66 on Tuesday. GeoPark has a 52-week low of $10.89 and a 52-week high of $20.30. The stock has a fifty day moving average of $18.53 and a 200 day moving average of $17.83. The company has a debt-to-equity ratio of 3.27, a quick ratio of 1.00 and a current ratio of 1.06. The firm has a market capitalization of $1.11 billion, a price-to-earnings ratio of 12.69 and a beta of 0.69.

The business also recently disclosed an annual dividend, which will be paid on Tuesday, December 10th. Investors of record on Friday, November 22nd will be given a $0.0413 dividend. The ex-dividend date is Thursday, November 21st. GeoPark’s dividend payout ratio (DPR) is 11.56%.

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Tower Research Capital LLC TRC bought a new stake in GeoPark during the second quarter valued at approximately $78,000. Ellington Management Group LLC bought a new stake in shares of GeoPark during the 2nd quarter worth $254,000. Atria Investments LLC bought a new stake in shares of GeoPark during the 2nd quarter worth $255,000. Mackenzie Financial Corp purchased a new position in GeoPark in the second quarter worth $356,000. Finally, A.R.T. Advisors LLC purchased a new position in GeoPark in the second quarter worth $445,000. 31.46% of the stock is currently owned by institutional investors and hedge funds.

About GeoPark

GeoPark Limited engages in the exploration, development, and production of oil and gas reserves in Chile, Colombia, Brazil, Peru, Argentina, and Ecuador. As of December 31, 2017, the company had working and/or economic interests in 24 hydrocarbons blocks, as well as shallow-offshore concession in Brazil that includes the Manati Field.

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