Sei Investments Co. Buys 8,898 Shares of Gulfport Energy Corporation $GPOR

Sei Investments Co. increased its stake in Gulfport Energy Corporation (NYSE:GPOR) by 14.9% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 68,711 shares of the company’s stock after purchasing an additional 8,898 shares during the period. Sei Investments Co.’s holdings in Gulfport Energy were worth $14,537,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently added to or reduced their stakes in the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in shares of Gulfport Energy by 2.5% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 7,552 shares of the company’s stock valued at $1,391,000 after purchasing an additional 181 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its stake in shares of Gulfport Energy by 14.8% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 95,749 shares of the company’s stock worth $17,631,000 after acquiring an additional 12,327 shares in the last quarter. Intech Investment Management LLC grew its stake in shares of Gulfport Energy by 11.6% during the 1st quarter. Intech Investment Management LLC now owns 6,400 shares of the company’s stock worth $1,178,000 after acquiring an additional 665 shares in the last quarter. Cetera Investment Advisers raised its holdings in shares of Gulfport Energy by 16.7% in the second quarter. Cetera Investment Advisers now owns 1,532 shares of the company’s stock valued at $308,000 after purchasing an additional 219 shares during the last quarter. Finally, Prudential Financial Inc. acquired a new stake in shares of Gulfport Energy in the second quarter valued at approximately $400,000.

Gulfport Energy Stock Up 0.1%

Shares of NYSE:GPOR opened at $156.99 on Friday. Gulfport Energy Corporation has a 52-week low of $149.18 and a 52-week high of $225.78. The company has a market capitalization of $2.82 billion, a PE ratio of 5.36 and a beta of 0.41. The company has a debt-to-equity ratio of 0.46, a quick ratio of 0.56 and a current ratio of 0.56. The company has a fifty day moving average of $162.87 and a 200-day moving average of $184.67.

Analyst Ratings Changes

A number of equities analysts recently weighed in on the stock. Weiss Ratings downgraded shares of Gulfport Energy from a “buy (b-)” rating to a “hold (c+)” rating in a report on Thursday, July 16th. Truist Financial lowered their price objective on Gulfport Energy from $219.00 to $190.00 and set a “hold” rating on the stock in a research report on Friday, July 10th. Zacks Research downgraded shares of Gulfport Energy from a “hold” rating to a “strong sell” rating in a research report on Monday, July 13th. Mizuho raised Gulfport Energy from a “neutral” rating to an “outperform” rating and increased their price target for the stock from $251.00 to $252.00 in a research report on Wednesday, May 27th. Finally, UBS Group lowered their price objective on Gulfport Energy from $260.00 to $245.00 and set a “buy” rating on the stock in a research note on Thursday, April 16th. One investment analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating, six have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $227.00.

About Gulfport Energy

Gulfport Energy Corporation is an independent oil and gas exploration and production company based in Oklahoma City, Oklahoma. The company focuses on the development of onshore natural gas, natural gas liquids (NGLs) and crude oil properties in the United States. Gulfport utilizes horizontal drilling and multi-stage hydraulic fracturing techniques to maximize production and enhance recovery from its resource plays.

The company’s primary operations are concentrated in two major U.S. resource basins.