CapFinancial Partners LLC recently announced the acquisition of new stake in GeoPark Limited (NYSE:GPRK). This fresh investment now brings its stake to 14.63% valued currently at $135.7 million. In addition, Compass Group LLC raised its holdings by 0.78 million to 6.86 million shares. And AzValor Asset Management SGIIC SA has lifted its position by 32.40% or 0.42 million shares – to 1.72 million shares.
With over 0.33 million GeoPark Limited (GPRK) shares trading Tuesday and a closing price of $15.13 on the day, the dollar volume was approximately $5.04 million. The shares have shown a positive half year performance of 32.37% and its price on 01/17/23 gained nearly 0.20%. Currently, there are 59.18M common shares owned by the public and among those 43.78M shares have been available to trade.
An analysis of what Wall Street brokers have to say about the expected price targets for this stock gives us this picture: 7 analysts who have offered their price forecasts for GPRK have a consensus price objective of $22.88. The analysts have set the share’s price value over the next 12 months at a high of $36.00 and a low of $16.00. The average price target is 31.23% above its recent price level and an upside to the estimated low will see the stock gain 5.44% over that period. But an upside of 57.97% will see the stock hit the forecast high price target while median target price for the stock is $20.00.
Insiders at the company have transacted a total of 0 times over the past 12 months, according to data filed with the U.S. Securities and Exchange Commission (SEC). 0 of these insider trades were purchases, accounting for 0 shares. Insider sales of the common stock occurred on 0 occasions, with total insider shares sold totaling 0 shares.
The top 3 mutual fund holders in GeoPark Limited are NInety One Glb. Strat. Fd. – Lati, AGF Global Select Fund, and azValor Internacional, FI. NInety One Glb. Strat. Fd. – Lati owns 2.76 million shares of the company’s stock, all valued at over $42.69 million. The company bought an additional 0.21 million shares recently to bring their total holdings to about 4.60% of the shares outstanding. AGF Global Select Fund bought 0.65 million shares to see its total holdings expand to 2.55 million shares valued at over $39.4 million and representing 4.25% of the shares outstanding. azValor Internacional, FI bought 0.35 million shares to bring its total holdings to over 1.26 million shares at a value of $19.48 million. azValor Internacional, FI now owns shares totaling to 2.10% of the shares outstanding.
Shares of GeoPark Limited (NYSE: GPRK) opened at $14.93, down -$0.17 from a prior closing price of $15.10. However, the script later moved the day high at 15.33, up 0.20%. The company’s stock has a 5-day price change of 5.95% and 13.08% over the past three months. GPRK shares are trading -2.07% year to date (YTD), with the 12-month market performance up to 17.38% higher. It has a 12-month low price of $10.26 and touched a high of $18.52 over the same period. GPRK has an average intraday trading volume of 189.04K shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by 6.36%, 5.76%, and 7.59% respectively.
Institutional ownership of GeoPark Limited (NYSE: GPRK) shares accounts for 61.70% of the company’s 59.18M shares outstanding. Mutual fund holders own 36.60%, while other institutional holders and individual stakeholders account for 8.03% and 18.92% respectively.
It has a market capitalization of $879.81M and a beta (3y monthly) value of 1.47. The stock’s trailing 12-month PE ratio is 4.38, while the earnings-per-share (ttm) stands at $3.46. Price movements for the stock have been influenced by the stock’s volatility, which stands at 2.76% over the week and 3.98% over the month.
Analysts forecast that GeoPark Limited (GPRK) will achieve an EPS of $1.2 for the current quarter, $1.42 for the next quarter and $4.79 for 2023. The lowest estimate earnings-per-share for the quarter is $1.2 while analysts give the company a high EPS estimate of $1.2. Comparatively, EPS for the current quarter was $0.4 a year ago. Earnings per share for the fiscal year are expected to increase by 125.90%, and -7.87% over the next financial year.
Looking at the support for the GPRK, a number of firms have released research notes about the stock. JP Morgan stated their Overweight rating for the stock in a research note on September 24, 2020, with the firm’s price target at $16. Stifel coverage for the GeoPark Limited (GPRK) stock in a research note released on May 28, 2020 offered a Buy rating with a price target of $15. Scotiabank was of a view on April 07, 2020 that the stock is Sector Perform, while BMO Capital Markets gave the stock Market Perform rating on March 16, 2020, issuing a price target of $25- $15. BMO Capital Markets on their part issued Outperform rating on March 03, 2020.