Dynamic Technology Lab Private Ltd Purchases 26,654 Shares of GeoPark Limited (NYSE:GPRK)

Dynamic Technology Lab Private Ltd boosted its position in GeoPark Limited (NYSE:GPRK) by 71.3% during the fourth quarter, Holdings Channel.com reports. The fund owned 64,044 shares of the oil and gas company’s stock after acquiring an additional 26,654 shares during the period. Dynamic Technology Lab Private Ltd’s holdings in GeoPark were worth $594,000 at the end of the most recent quarter.

Other hedge funds have also recently modified their holdings of the company. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC bought a new stake in shares of GeoPark in the third quarter worth about $2,834,000. Y Intercept Hong Kong Ltd grew its position in shares of GeoPark by 67.6% in the 3rd quarter. Y Intercept Hong Kong Ltd now owns 79,674 shares of the oil and gas company’s stock worth $627,000 after buying an additional 32,131 shares during the last quarter. Public Employees Retirement System of Ohio purchased a new position in shares of GeoPark during the third quarter valued at approximately $44,000. Barclays PLC raised its holdings in shares of GeoPark by 392.3% during the third quarter. Barclays PLC now owns 8,974 shares of the oil and gas company’s stock valued at $71,000 after acquiring an additional 7,151 shares in the last quarter. Finally, DGS Capital Management LLC purchased a new stake in GeoPark in the third quarter worth $148,000. Hedge funds and other institutional investors own 68.21% of the company’s stock.

GeoPark Stock Performance

GeoPark stock opened at $6.34 on Tuesday. GeoPark Limited has a fifty-two week low of $5.96 and a fifty-two week high of $11.72. The stock’s 50 day simple moving average is $8.34 and its two-hundred day simple moving average is $8.85. The company has a debt-to-equity ratio of 2.53, a quick ratio of 1.23 and a current ratio of 1.28. The stock has a market cap of $324.65 million, a price-to-earnings ratio of 3.22 and a beta of 0.93.

GeoPark (NYSE:GPRK) last released its quarterly earnings results on Wednesday, March 5th. The oil and gas company reported $0.30 earnings per share for the quarter, missing the consensus estimate of $0.73 by ($0.43). The firm had revenue of $143.70 million for the quarter, compared to the consensus estimate of $141.00 million. GeoPark had a net margin of 14.97% and a return on equity of 57.93%. As a group, analysts expect that GeoPark Limited will post 1.97 earnings per share for the current fiscal year.

GeoPark Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, March 31st. Investors of record on Wednesday, March 19th were paid a $0.147 dividend. The ex-dividend date of this dividend was Wednesday, March 19th. This represents a $0.59 annualized dividend and a dividend yield of 9.28%. GeoPark’s payout ratio is 32.22%.

Analyst Upgrades and Downgrades

Separately, StockNews.com upgraded shares of GeoPark from a “hold” rating to a “buy” rating in a report on Friday, March 14th.

About GeoPark

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.