Geopark (NYSE:GPRK) Stock Price Down 5.6% – Should You Sell?

Shares of Geopark Ltd (NYSE:GPRK) fell 5.6% on Monday . The company traded as low as $10.43 and last traded at $10.5740. 94,016 shares changed hands during trading, a decline of 89% from the average session volume of 874,980 shares. The stock had previously closed at $11.20.

Analyst Upgrades and Downgrades

A number of research firms recently weighed in on GPRK. Jefferies Financial Group restated a “buy” rating and set a $11.50 target price on shares of Geopark in a research note on Thursday, March 5th. Weiss Ratings upgraded shares of Geopark from a “hold (c-)” rating to a “hold (c)” rating in a research note on Tuesday, April 21st. Two investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $11.50.

Geopark Price Performance

The company has a market capitalization of $537.27 million, a PE ratio of 9.88 and a beta of 0.36. The company has a debt-to-equity ratio of 1.51, a current ratio of 1.00 and a quick ratio of 0.96. The company’s 50 day simple moving average is $9.76 and its 200 day simple moving average is $8.72.

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, beating the consensus estimate of $0.23 by $0.13. The company had revenue of $128.40 million for the quarter, compared to analyst estimates of $140.00 million. Geopark had a net margin of 11.74% and a return on equity of 36.71%.

Geopark Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, June 4th. Shareholders of record on Wednesday, May 20th were paid a $0.023 dividend. This represents a $0.09 annualized dividend and a yield of 0.9%. The ex-dividend date was Wednesday, May 20th. Geopark’s dividend payout ratio is currently 8.57%.

Insider Buying and Selling

In other Geopark news, Director James Franklin Park sold 100,000 shares of the stock in a transaction that occurred on Monday, April 20th. The shares were sold at an average price of $8.83, for a total value of $883,000.00. Following the transaction, the director directly owned 912,118 shares in the company, valued at $8,054,001.94. This represents a 9.88% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink.

Institutional Investors Weigh In On Geopark

Several institutional investors have recently made changes to their positions in the stock. State Street Corp boosted its position in shares of Geopark by 4.7% during the 4th quarter. State Street Corp now owns 26,987 shares of the oil and gas company’s stock worth $200,000 after purchasing an additional 1,216 shares in the last quarter. Fox Run Management L.L.C. boosted its position in shares of Geopark by 4.6% during the 4th quarter. Fox Run Management L.L.C. now owns 52,100 shares of the oil and gas company’s stock worth $386,000 after purchasing an additional 2,279 shares in the last quarter. Lazard Asset Management LLC grew its position in Geopark by 4.6% during the first quarter. Lazard Asset Management LLC now owns 53,885 shares of the oil and gas company’s stock worth $512,000 after buying an additional 2,383 shares during the period. Glenorchy Capital Ltd grew its position in Geopark by 1.4% during the second quarter. Glenorchy Capital Ltd now owns 181,274 shares of the oil and gas company’s stock worth $1,182,000 after buying an additional 2,562 shares during the period. Finally, Nebula Research & Development LLC grew its position in Geopark by 11.5% during the second quarter. Nebula Research & Development LLC now owns 27,028 shares of the oil and gas company’s stock worth $176,000 after buying an additional 2,793 shares during the period. 68.21% of the stock is currently owned by hedge funds and other institutional investors.

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.