Wafra Investment Advisory Group Inc. NY Grows Position in Gulfport Energy Corporation (GPOR)

Wafra Investment Advisory Group Inc. NY lifted its stake in shares of Gulfport Energy Corporation (NASDAQ:GPOR) by 1.9% during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 904,076 shares of the oil and gas producer’s stock after acquiring an additional 17,082 shares during the period. Wafra Investment Advisory Group Inc. NY owned 0.49% of Gulfport Energy Corporation worth $13,335,000 at the end of the most recent reporting period.

Other institutional investors also recently added to or reduced their stakes in the company. TIAA CREF Investment Management LLC lifted its position in shares of Gulfport Energy Corporation by 7.6% during the 1st quarter. TIAA CREF Investment Management LLC now owns 436,077 shares of the oil and gas producer’s stock valued at $7,496,000 after acquiring an additional 30,726 shares during the period. Arizona State Retirement System lifted its position in shares of Gulfport Energy Corporation by 1.5% during the 2nd quarter. Arizona State Retirement System now owns 67,100 shares of the oil and gas producer’s stock valued at $990,000 after acquiring an additional 1,000 shares during the period. Tocqueville Asset Management L.P. lifted its position in shares of Gulfport Energy Corporation by 65.6% during the 2nd quarter. Tocqueville Asset Management L.P. now owns 25,750 shares of the oil and gas producer’s stock valued at $380,000 after acquiring an additional 10,200 shares during the period. Geode Capital Management LLC lifted its position in shares of Gulfport Energy Corporation by 18.8% during the 1st quarter. Geode Capital Management LLC now owns 1,340,493 shares of the oil and gas producer’s stock valued at $23,043,000 after acquiring an additional 211,708 shares during the period. Finally, FMR LLC lifted its position in shares of Gulfport Energy Corporation by 30.1% during the 1st quarter. FMR LLC now owns 342,506 shares of the oil and gas producer’s stock valued at $5,888,000 after acquiring an additional 79,224 shares during the period. Institutional investors own 86.65% of the company’s stock.

A number of research analysts recently issued reports on the stock. Zacks Investment Research downgraded shares of Gulfport Energy Corporation from a “buy” rating to a “hold” rating in a research report on Monday. Mizuho restated a “buy” rating and set a $23.00 price target on shares of Gulfport Energy Corporation in a research note on Wednesday, October 4th. KeyCorp restated a “buy” rating and set a $18.00 price target on shares of Gulfport Energy Corporation in a research note on Tuesday, September 19th. Imperial Capital began coverage on shares of Gulfport Energy Corporation in a research note on Tuesday, September 19th. They set an “outperform” rating and a $19.00 price target for the company. Finally, Piper Jaffray Companies decreased their price target on shares of Gulfport Energy Corporation from $21.00 to $18.00 and set an “overweight” rating for the company in a research note on Monday, September 18th. One research analyst has rated the stock with a sell rating, seven have issued a hold rating and twenty have assigned a buy rating to the company. Gulfport Energy Corporation presently has a consensus rating of “Buy” and an average price target of $23.82.

Gulfport Energy Corporation (GPOR) traded up 2.07% during trading on Tuesday, reaching $14.79. 820,383 shares of the company traded hands. The firm’s market capitalization is $2.70 billion. Gulfport Energy Corporation has a 52 week low of $10.90 and a 52 week high of $30.47. The company’s 50-day moving average price is $13.33 and its 200 day moving average price is $14.28.

Gulfport Energy Corporation (NASDAQ:GPOR) last released its quarterly earnings data on Tuesday, August 8th. The oil and gas producer reported $0.33 EPS for the quarter, topping the consensus estimate of $0.25 by $0.08. Gulfport Energy Corporation had a positive return on equity of 7.42% and a negative net margin of 15.02%. The company had revenue of $323.90 million during the quarter, compared to the consensus estimate of $279.59 million. During the same period last year, the company earned $0.24 EPS. Gulfport Energy Corporation’s revenue for the quarter was up 1052.7% on a year-over-year basis. On average, equities research analysts expect that Gulfport Energy Corporation will post $1.39 EPS for the current year.

TRADEMARK VIOLATION NOTICE: “Wafra Investment Advisory Group Inc. NY Grows Position in Gulfport Energy Corporation (GPOR)” was first reported by Community Financial News and is the sole property of of Community Financial News. If you are reading this report on another website, it was copied illegally and reposted in violation of US & international trademark & copyright laws. The correct version of this report can be read at https://www.com-unik.info/2017/10/10/wafra-investment-advisory-group-inc-ny-grows-position-in-gulfport-energy-corporation-gpor.html.

About Gulfport Energy Corporation

Gulfport Energy Corporation is an oil and natural gas exploration and production company. The Company focuses on the exploitation and acquisition of natural gas, natural gas liquids and crude oil in the United States. The Company’s properties are located in the Utica Shale in Eastern Ohio and along the Louisiana Gulf Coast in the West Cote Blanche Bay (WCBB) and Hackberry fields.

Want to see what other hedge funds are holding GPOR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Gulfport Energy Corporation (NASDAQ:GPOR).

Institutional Ownership by Quarter for Gulfport Energy Corporation (NASDAQ:GPOR)

What are top analysts saying about Gulfport Energy Corporation? - Enter your email address in the form below to receive our free daily email newsletter that contains the latest headlines and analysts' recommendations for for Gulfport Energy Corporation and related companies.

Comments

Leave a Reply


share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on Google Plus
share on reddit