GeoPark (NYSE:GPRK) Upgraded at StockNews.com

StockNews.com upgraded shares of GeoPark (NYSE:GPRK) from a buy rating to a strong-buy rating in a research report report published on Sunday morning.

Separately, JPMorgan Chase & Co. lowered their target price on GeoPark from $12.00 to $11.00 and set an “overweight” rating for the company in a report on Wednesday, October 30th.

GeoPark Price Performance

Shares of GPRK stock opened at $10.54 on Friday. GeoPark has a twelve month low of $7.24 and a twelve month high of $11.72. The stock has a market capitalization of $539.26 million, a price-to-earnings ratio of 5.35 and a beta of 1.35. The stock has a fifty day simple moving average of $9.21 and a two-hundred day simple moving average of $9.16. The company has a current ratio of 1.28, a quick ratio of 1.23 and a debt-to-equity ratio of 2.53.

GeoPark (NYSE:GPRK) last issued its earnings results on Wednesday, November 6th. The oil and gas company reported $0.48 earnings per share for the quarter, missing the consensus estimate of $0.59 by ($0.11). GeoPark had a return on equity of 57.93% and a net margin of 14.97%. The firm had revenue of $159.50 million during the quarter, compared to analysts’ expectations of $156.99 million. On average, analysts predict that GeoPark will post 2.56 EPS for the current fiscal year.

GeoPark Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, December 6th. Stockholders of record on Thursday, November 21st were given a $0.147 dividend. This represents a $0.59 annualized dividend and a dividend yield of 5.58%. The ex-dividend date of this dividend was Thursday, November 21st. GeoPark’s payout ratio is 29.44%.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the stock. Employees Retirement System of Texas bought a new position in shares of GeoPark in the 2nd quarter worth $34,000. Blue Trust Inc. acquired a new position in GeoPark during the 3rd quarter valued at about $38,000. Public Employees Retirement System of Ohio acquired a new position in GeoPark during the 3rd quarter valued at about $44,000. Barclays PLC increased its position in GeoPark by 392.3% during the 3rd quarter. Barclays PLC now owns 8,974 shares of the oil and gas company’s stock valued at $71,000 after buying an additional 7,151 shares in the last quarter. Finally, DGS Capital Management LLC acquired a new position in GeoPark during the 3rd quarter valued at about $148,000. 68.21% of the stock is owned by institutional investors.

GeoPark Company Profile

GeoPark Limited operates as an oil and natural gas exploration and production company primarily in Chile, Colombia, Brazil, Argentina, Ecuador, and other Latin American countries. It engages in the exploration, development, and production of oil and gas reserves. The company was formerly known as GeoPark Holdings Limited and changed its name to GeoPark Limited in July 2013.