Trexquant Investment LP Sells 77,445 Shares of GeoPark Limited (NYSE:GPRK)

Trexquant Investment LP trimmed its holdings in shares of GeoPark Limited (NYSE:GPRK) by 27.1% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 208,092 shares of the oil and gas company’s stock after selling 77,445 shares during the quarter. Trexquant Investment LP owned about 0.41% of GeoPark worth $1,929,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of the stock. Principal Financial Group Inc. raised its stake in shares of GeoPark by 77.4% in the 3rd quarter. Principal Financial Group Inc. now owns 366,380 shares of the oil and gas company’s stock valued at $2,883,000 after acquiring an additional 159,861 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC bought a new position in shares of GeoPark in the third quarter valued at approximately $2,834,000. JPMorgan Chase & Co. lifted its stake in shares of GeoPark by 55.1% in the fourth quarter. JPMorgan Chase & Co. now owns 339,337 shares of the oil and gas company’s stock worth $3,146,000 after buying an additional 120,518 shares during the last quarter. Arrowstreet Capital Limited Partnership boosted its holdings in shares of GeoPark by 43.2% during the 4th quarter. Arrowstreet Capital Limited Partnership now owns 223,867 shares of the oil and gas company’s stock worth $2,075,000 after buying an additional 67,573 shares during the period. Finally, Armstrong Fleming & Moore Inc grew its stake in GeoPark by 3.3% in the 4th quarter. Armstrong Fleming & Moore Inc now owns 193,875 shares of the oil and gas company’s stock valued at $1,797,000 after buying an additional 6,149 shares during the last quarter. 68.21% of the stock is currently owned by institutional investors.

GeoPark Stock Down 7.8 %

GPRK opened at $5.83 on Wednesday. The business has a 50 day moving average of $8.21 and a 200-day moving average of $8.82. The stock has a market capitalization of $298.77 million, a price-to-earnings ratio of 2.96 and a beta of 0.93. 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 Limited has a 1-year low of $5.79 and a 1-year high of $11.72.

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

GeoPark Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, March 31st. Shareholders of record on Wednesday, March 19th were given a $0.147 dividend. The ex-dividend date of this dividend was Wednesday, March 19th. This represents a $0.59 dividend on an annualized basis and a dividend yield of 10.09%. GeoPark’s dividend payout ratio is currently 32.22%.

Wall Street Analysts Forecast Growth

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

GeoPark 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.