Sycale Advisors NY LLC Purchases New Holdings in Geopark Ltd $GPRK

Sycale Advisors NY LLC acquired a new position in shares of Geopark Ltd (NYSE:GPRK) during the 1st quarter, Holdings Channel.com reports. The fund acquired 339,158 shares of the oil and gas company’s stock, valued at approximately $3,222,000. Geopark comprises approximately 1.6% of Sycale Advisors NY LLC’s holdings, making the stock its 14th largest holding.

A number of other hedge funds and other institutional investors have also bought and sold shares of GPRK. Aventail Capital Group LP purchased a new position in shares of Geopark during the fourth quarter valued at approximately $3,164,000. Banco BTG Pactual S.A. grew its stake in shares of Geopark by 132.4% in the 4th quarter. Banco BTG Pactual S.A. now owns 185,884 shares of the oil and gas company’s stock worth $1,377,000 after buying an additional 105,884 shares during the last quarter. Nations Financial Group Inc. IA ADV purchased a new stake in shares of Geopark in the 1st quarter worth approximately $686,000. UBS Group AG increased its position in Geopark by 0.8% during the 4th quarter. UBS Group AG now owns 988,754 shares of the oil and gas company’s stock valued at $7,327,000 after buying an additional 7,623 shares in the last quarter. Finally, Armstrong Fleming & Moore Inc increased its position in Geopark by 3.9% during the 4th quarter. Armstrong Fleming & Moore Inc now owns 223,817 shares of the oil and gas company’s stock valued at $1,658,000 after buying an additional 8,456 shares in the last quarter. Hedge funds and other institutional investors own 68.21% of the company’s stock.

Geopark Trading Up 1.5%

Shares of NYSE GPRK opened at $10.30 on Thursday. The firm’s 50 day moving average price is $10.03 and its 200-day moving average price is $9.14. The company has a market cap of $532.87 million, a PE ratio of 9.81 and a beta of 0.39. Geopark Ltd has a 52-week low of $5.75 and a 52-week high of $11.87. The company has a debt-to-equity ratio of 1.51, a quick ratio of 0.96 and a current ratio of 1.00.

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

Geopark Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, June 4th. Shareholders of record on Wednesday, May 20th were paid a dividend of $0.023 per share. 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 (DPR) is currently 8.57%.

Wall Street Analysts Forecast Growth

A number of research analysts have issued reports on the company. Weiss Ratings reiterated a “hold (c)” rating on shares of Geopark in a research note on Friday, July 17th. Wall Street Zen upgraded Geopark to a “strong-buy” rating in a report on Saturday, July 4th. Two analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to MarketBeat.com, Geopark has a consensus rating of “Moderate Buy” and an average target price of $11.50.

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.