Freestone Capital Holdings LLC Invests $1.04 Million in Geopark Ltd $GPRK

Freestone Capital Holdings LLC purchased a new position in shares of Geopark Ltd (NYSE:GPRK) during the second quarter, Holdings Channel reports. The firm purchased 159,789 shares of the oil and gas company’s stock, valued at approximately $1,042,000.

Other large investors also recently bought and sold shares of the company. Millennium Management LLC raised its holdings in Geopark by 139.9% in the 1st quarter. Millennium Management LLC now owns 594,154 shares of the oil and gas company’s stock valued at $4,801,000 after acquiring an additional 346,521 shares during the last quarter. Armstrong Fleming & Moore Inc acquired a new position in shares of Geopark during the 2nd quarter worth approximately $1,351,000. Goldman Sachs Group Inc. boosted its holdings in shares of Geopark by 94.2% during the 1st quarter. Goldman Sachs Group Inc. now owns 365,825 shares of the oil and gas company’s stock worth $2,956,000 after purchasing an additional 177,496 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its position in shares of Geopark by 115.2% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 284,962 shares of the oil and gas company’s stock valued at $2,302,000 after purchasing an additional 152,520 shares in the last quarter. Finally, Empirical Finance LLC acquired a new stake in shares of Geopark in the first quarter valued at approximately $977,000. Hedge funds and other institutional investors own 68.21% of the company’s stock.

Analysts Set New Price Targets

GPRK has been the topic of a number of recent research reports. Santander assumed coverage on Geopark in a research note on Friday, August 29th. They set an “outperform” rating on the stock. Wall Street Zen upgraded Geopark from a “sell” rating to a “hold” rating in a report on Friday, September 5th. Finally, Weiss Ratings reissued a “hold (c-)” rating on shares of Geopark in a research report on Wednesday, October 8th. One analyst has rated the stock with a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy”.

Geopark Trading Down 1.5%

Shares of Geopark stock opened at $7.97 on Tuesday. The stock has a 50 day moving average of $6.53 and a 200 day moving average of $6.71. The company has a debt-to-equity ratio of 2.92, a quick ratio of 2.42 and a current ratio of 2.47. The firm has a market capitalization of $408.18 million, a price-to-earnings ratio of 9.60 and a beta of 0.76. Geopark Ltd has a fifty-two week low of $5.66 and a fifty-two week high of $11.72.

Geopark (NYSE:GPRK) last posted its earnings results on Tuesday, August 5th. The oil and gas company reported $0.27 EPS for the quarter, beating analysts’ consensus estimates of $0.15 by $0.12. The company had revenue of $119.80 million for the quarter, compared to the consensus estimate of $123.00 million. Geopark had a return on equity of 35.65% and a net margin of 7.70%. As a group, research analysts predict that Geopark Ltd will post 1.97 earnings per share for the current year.

Geopark Company Profile

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.