Gran Tierra Energy Inc. (NYSE:GTE) Shares Sold by Janney Montgomery Scott LLC

Janney Montgomery Scott LLC decreased its holdings in shares of Gran Tierra Energy Inc. (NYSE:GTE) by 3.1% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 66,499 shares of the company’s stock after selling 2,144 shares during the period. Janney Montgomery Scott LLC owned approximately 0.22% of Gran Tierra Energy worth $481,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. Perpetual Ltd lifted its stake in Gran Tierra Energy by 38.3% in the 4th quarter. Perpetual Ltd now owns 218,788 shares of the company’s stock valued at $1,582,000 after buying an additional 60,536 shares in the last quarter. Barclays PLC boosted its position in Gran Tierra Energy by 25.6% in the 3rd quarter. Barclays PLC now owns 33,755 shares of the company’s stock valued at $211,000 after buying an additional 6,875 shares during the last quarter. Victory Capital Management Inc. bought a new position in shares of Gran Tierra Energy during the third quarter worth about $121,000. Equinox Partners Investment Management LLC lifted its position in shares of Gran Tierra Energy by 159.0% during the third quarter. Equinox Partners Investment Management LLC now owns 2,071,626 shares of the company’s stock worth $12,989,000 after purchasing an additional 1,271,680 shares during the last quarter. Finally, Centiva Capital LP bought a new position in Gran Tierra Energy in the third quarter worth about $73,000. Hedge funds and other institutional investors own 31.70% of the company’s stock.

Gran Tierra Energy Price Performance

NYSE GTE opened at $5.69 on Monday. Gran Tierra Energy Inc. has a 12 month low of $4.97 and a 12 month high of $10.40. The company has a debt-to-equity ratio of 1.71, a current ratio of 1.31 and a quick ratio of 1.19. The firm has a market capitalization of $174.40 million, a PE ratio of 3.98 and a beta of 1.49. The company’s 50 day simple moving average is $6.78 and its 200 day simple moving average is $6.85.

Wall Street Analyst Weigh In

Separately, StockNews.com cut shares of Gran Tierra Energy from a “buy” rating to a “hold” rating in a report on Monday, January 20th.

Insider Activity at Gran Tierra Energy

In other Gran Tierra Energy news, Director Ronald Royal sold 19,967 shares of Gran Tierra Energy stock in a transaction that occurred on Monday, December 2nd. The shares were sold at an average price of $6.88, for a total value of $137,372.96. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Company insiders own 6.45% of the company’s stock.

Gran Tierra Energy Company Profile

Gran Tierra Energy Inc, together with its subsidiaries, engages in the exploration and production of oil and gas properties in Colombia and Ecuador. The company was founded in 2003 and is headquartered in Calgary, Canada.