US Bancorp DE held its position in Geopark Ltd (NYSE:GPRK) during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 237,748 shares of the oil and gas company’s stock at the end of the second quarter. US Bancorp DE owned 0.40% of Geopark worth $1,795,000 at the end of the most recent reporting period.
Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Sit Investment Associates Inc. raised its position in Geopark by 147.5% in the second quarter. Sit Investment Associates Inc. now owns 14,600 shares of the oil and gas company’s stock valued at $110,000 after buying an additional 8,700 shares in the last quarter. Goldman Sachs Group Inc. raised its position in Geopark by 151.0% in the first quarter. Goldman Sachs Group Inc. now owns 74,812 shares of the oil and gas company’s stock valued at $537,000 after buying an additional 45,011 shares in the last quarter. Driehaus Capital Management LLC raised its position in Geopark by 81.6% in the first quarter. Driehaus Capital Management LLC now owns 19,880 shares of the oil and gas company’s stock valued at $143,000 after buying an additional 8,930 shares in the last quarter. Renaissance Technologies LLC raised its position in Geopark by 83.7% in the first quarter. Renaissance Technologies LLC now owns 637,500 shares of the oil and gas company’s stock valued at $4,577,000 after buying an additional 290,411 shares in the last quarter. Finally, Lazard Asset Management LLC bought a new position in Geopark during the first quarter valued at $225,000. Hedge funds and other institutional investors own 13.62% of the company’s stock.
Shares of Geopark Ltd (NYSE:GPRK) traded up 2.57% on Friday, hitting $8.79. 18,492 shares of the stock traded hands. The firm’s 50 day moving average is $8.24 and its 200 day moving average is $7.07. The firm’s market capitalization is $527.80 million. Geopark Ltd has a 52 week low of $3.05 and a 52 week high of $9.69.
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Several brokerages have recently commented on GPRK. Zacks Investment Research lowered shares of Geopark from a “hold” rating to a “sell” rating in a research note on Wednesday, July 19th. Echelon Wealth Partners began coverage on shares of Geopark in a research note on Thursday, May 25th. They set a “buy” rating and a $12.00 price target on the stock. Eurobank EFG began coverage on shares of Geopark in a research note on Thursday, May 25th. They set a “buy” rating and a $12.00 price target on the stock. EuroPacific Canada began coverage on shares of Geopark in a research note on Thursday, May 25th. They set a “buy” rating and a $12.00 price target on the stock. Finally, ValuEngine upgraded shares of Geopark from a “sell” rating to a “hold” rating in a research note on Friday, June 2nd. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating and five have given a buy rating to the company’s stock. Geopark has an average rating of “Buy” and an average target price of $11.13.
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