Fourth Sail Capital LP Reduces Position in Geopark Ltd $GPRK

Fourth Sail Capital LP lessened its stake in shares of Geopark Ltd (NYSE:GPRK) by 11.5% in the fourth quarter, HoldingsChannel.com reports. The firm owned 2,396,408 shares of the oil and gas company’s stock after selling 312,131 shares during the quarter. Geopark comprises approximately 2.8% of Fourth Sail Capital LP’s holdings, making the stock its 15th largest holding. Fourth Sail Capital LP’s holdings in Geopark were worth $17,757,000 as of its most recent filing with the SEC.

Other institutional investors have also recently made changes to their positions in the company. Caitong International Asset Management Co. Ltd boosted its stake in shares of Geopark by 86.1% during the fourth quarter. Caitong International Asset Management Co. Ltd now owns 6,775 shares of the oil and gas company’s stock valued at $50,000 after purchasing an additional 3,134 shares during the period. State of Wyoming boosted its stake in shares of Geopark by 39.2% during the third quarter. State of Wyoming now owns 9,727 shares of the oil and gas company’s stock valued at $62,000 after purchasing an additional 2,740 shares during the period. StoneX Group Inc. purchased a new stake in shares of Geopark during the fourth quarter valued at approximately $101,000. PharVision Advisers LLC purchased a new stake in shares of Geopark during the third quarter valued at approximately $117,000. Finally, Quinn Opportunity Partners LLC purchased a new stake in shares of Geopark during the fourth quarter valued at approximately $173,000. Hedge funds and other institutional investors own 68.21% of the company’s stock.

Insider Buying and Selling

In related news, Director James Franklin Park sold 100,000 shares of the firm’s stock in a transaction on Monday, April 20th. The stock was sold at an average price of $8.83, for a total value of $883,000.00. Following the completion of the sale, the director owned 912,118 shares of the company’s stock, valued at $8,054,001.94. This trade represents a 9.88% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. 1.50% of the stock is owned by insiders.

Analyst Ratings Changes

A number of analysts have recently weighed in on GPRK shares. Jefferies Financial Group reissued a “buy” rating and set a $11.50 price objective on shares of Geopark in a research note on Thursday, March 5th. Weiss Ratings raised Geopark from a “hold (c-)” rating to a “hold (c)” rating in a research note on Tuesday, April 21st. Two analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $11.50.

Geopark Stock Performance

Shares of GPRK stock opened at $11.19 on Friday. The stock has a fifty day moving average of $9.76 and a 200 day moving average of $8.72. Geopark Ltd has a 52 week low of $5.75 and a 52 week high of $11.87. The firm has a market capitalization of $578.55 million, a price-to-earnings ratio of 10.66 and a beta of 0.36. The company has a quick ratio of 0.96, a current ratio of 1.00 and a debt-to-equity ratio of 1.51.

Geopark (NYSE:GPRK) last announced its quarterly earnings results on Wednesday, May 6th. The oil and gas company reported $0.36 EPS for the quarter, topping analysts’ consensus estimates of $0.23 by $0.13. Geopark had a return on equity of 36.71% and a net margin of 11.74%.The company had revenue of $128.40 million during the quarter, compared to analyst estimates of $140.00 million.

Geopark Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, June 4th. Investors of record on Wednesday, May 20th were paid a $0.023 dividend. The ex-dividend date of this dividend was Wednesday, May 20th. This represents a $0.09 dividend on an annualized basis and a yield of 0.8%. Geopark’s dividend payout ratio (DPR) is presently 8.57%.

Geopark Company Profile

Geopark Ltd. (NYSE:GPRK) is an independent oil and gas exploration and production company focused on Latin America. Founded in 2002 and with corporate offices in Canada and regional headquarters in Bogotá, Colombia, Geopark pursues the discovery and development of unconventional and conventional hydrocarbon resources. The company’s strategy emphasizes asset consolidation in established basins alongside disciplined capital allocation to maximize production efficiency.

The company’s core operations are centered in Colombia’s Llanos Basin, where it holds interests in several producing blocks that deliver light crude oil to local and export markets.