Vanguard Group Inc. Has $195.80 Million Holdings in Gulfport Energy Corporation (GPOR)

Vanguard Group Inc. boosted its holdings in Gulfport Energy Corporation (NASDAQ:GPOR) by 6.3% in the second quarter, according to its most recent filing with the SEC. The institutional investor owned 13,274,246 shares of the oil and gas producer’s stock after buying an additional 786,991 shares during the period. Vanguard Group Inc. owned 7.26% of Gulfport Energy Corporation worth $195,796,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. Zurcher Kantonalbank Zurich Cantonalbank increased its stake in Gulfport Energy Corporation by 11.8% in the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 6,756 shares of the oil and gas producer’s stock worth $100,000 after buying an additional 712 shares in the last quarter. Riverhead Capital Management LLC increased its stake in Gulfport Energy Corporation by 76.9% in the 2nd quarter. Riverhead Capital Management LLC now owns 9,553 shares of the oil and gas producer’s stock worth $141,000 after buying an additional 4,153 shares in the last quarter. World Asset Management Inc purchased a new stake in Gulfport Energy Corporation in the 2nd quarter worth $150,000. LS Investment Advisors LLC increased its stake in Gulfport Energy Corporation by 25.1% in the 2nd quarter. LS Investment Advisors LLC now owns 12,869 shares of the oil and gas producer’s stock worth $190,000 after buying an additional 2,584 shares in the last quarter. Finally, Teacher Retirement System of Texas increased its stake in Gulfport Energy Corporation by 4.2% in the 2nd quarter. Teacher Retirement System of Texas now owns 12,869 shares of the oil and gas producer’s stock worth $190,000 after buying an additional 520 shares in the last quarter. Institutional investors and hedge funds own 86.65% of the company’s stock.

Gulfport Energy Corporation (NASDAQ:GPOR) opened at 14.18 on Tuesday. The stock’s market cap is $2.59 billion. The company has a 50-day moving average price of $13.68 and a 200 day moving average price of $14.22. Gulfport Energy Corporation has a 52-week low of $10.90 and a 52-week high of $30.37.

Gulfport Energy Corporation (NASDAQ:GPOR) last posted its quarterly earnings results on Tuesday, August 8th. The oil and gas producer reported $0.33 earnings per share for the quarter, beating the consensus estimate of $0.25 by $0.08. Gulfport Energy Corporation had a negative net margin of 15.02% and a positive return on equity of 7.42%. The business had revenue of $323.90 million during the quarter, compared to analysts’ expectations of $279.59 million. During the same quarter in the prior year, the company posted $0.24 EPS. The business’s revenue for the quarter was up 1052.7% on a year-over-year basis. On average, analysts expect that Gulfport Energy Corporation will post $1.40 earnings per share for the current year.

A number of brokerages have issued reports on GPOR. Stifel Nicolaus cut their price target on Gulfport Energy Corporation from $21.00 to $18.00 and set a “buy” rating for the company in a research note on Monday, August 14th. BidaskClub lowered Gulfport Energy Corporation from a “hold” rating to a “sell” rating in a research note on Wednesday, July 19th. Scotiabank reiterated a “buy” rating and issued a $23.00 price target on shares of Gulfport Energy Corporation in a research note on Friday, June 30th. Zacks Investment Research upgraded Gulfport Energy Corporation from a “hold” rating to a “buy” rating and set a $16.00 price target for the company in a research note on Wednesday, July 12th. Finally, Williams Capital set a $21.00 price target on Gulfport Energy Corporation and gave the stock a “buy” rating in a research note on Wednesday, August 9th. One equities research analyst has rated the stock with a sell rating, six have assigned a hold rating and twenty-one have assigned a buy rating to the company’s stock. Gulfport Energy Corporation presently has an average rating of “Buy” and a consensus price target of $23.73.

TRADEMARK VIOLATION NOTICE: “Vanguard Group Inc. Has $195.80 Million Holdings in Gulfport Energy Corporation (GPOR)” was originally posted by The Ledger Gazette and

Other hedge funds have also modified their holdings of the company. Zurcher Kantonalbank Zurich Cantonalbank increased its stake in Gulfport Energy Corporation by 11.8% in the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 6,756 shares of the oil and gas producer’s stock worth $100,000 after buying an additional 712 shares in the last quarter. Riverhead Capital Management LLC increased its stake in Gulfport Energy Corporation by 76.9% in the 2nd quarter. Riverhead Capital Management LLC now owns 9,553 shares of the oil and gas producer’s stock worth $141,000 after buying an additional 4,153 shares in the last quarter. World Asset Management Inc purchased a new stake in Gulfport Energy Corporation in the 2nd quarter worth $150,000. LS Investment Advisors LLC increased its stake in Gulfport Energy Corporation by 25.1% in the 2nd quarter. LS Investment Advisors LLC now owns 12,869 shares of the oil and gas producer’s stock worth $190,000 after buying an additional 2,584 shares in the last quarter. Finally, Teacher Retirement System of Texas increased its stake in Gulfport Energy Corporation by 4.2% in the 2nd quarter. Teacher Retirement System of Texas now owns 12,869 shares of the oil and gas producer’s stock worth $190,000 after buying an additional 520 shares in the last quarter. Institutional investors and hedge funds own 86.65% of the company’s stock.

Gulfport Energy Corporation (NASDAQ:GPOR) opened at 14.18 on Tuesday. The stock’s market cap is $2.59 billion. The company has a 50-day moving average price of $13.68 and a 200 day moving average price of $14.22. Gulfport Energy Corporation has a 52-week low of $10.90 and a 52-week high of $30.37.

Gulfport Energy Corporation (NASDAQ:GPOR) last posted its quarterly earnings results on Tuesday, August 8th. The oil and gas producer reported $0.33 earnings per share for the quarter, beating the consensus estimate of $0.25 by $0.08. Gulfport Energy Corporation had a negative net margin of 15.02% and a positive return on equity of 7.42%. The business had revenue of $323.90 million during the quarter, compared to analysts’ expectations of $279.59 million. During the same quarter in the prior year, the company posted $0.24 EPS. The business’s revenue for the quarter was up 1052.7% on a year-over-year basis. On average, analysts expect that Gulfport Energy Corporation will post $1.40 earnings per share for the current year.

A number of brokerages have issued reports on GPOR. Stifel Nicolaus cut their price target on Gulfport Energy Corporation from $21.00 to $18.00 and set a “buy” rating for the company in a research note on Monday, August 14th. BidaskClub lowered Gulfport Energy Corporation from a “hold” rating to a “sell” rating in a research note on Wednesday, July 19th. Scotiabank reiterated a “buy” rating and issued a $23.00 price target on shares of Gulfport Energy Corporation in a research note on Friday, June 30th. Zacks Investment Research upgraded Gulfport Energy Corporation from a “hold” rating to a “buy” rating and set a $16.00 price target for the company in a research note on Wednesday, July 12th. Finally, Williams Capital set a $21.00 price target on Gulfport Energy Corporation and gave the stock a “buy” rating in a research note on Wednesday, August 9th. One equities research analyst has rated the stock with a sell rating, six have assigned a hold rating and twenty-one have assigned a buy rating to the company’s stock. Gulfport Energy Corporation presently has an average rating of “Buy” and a consensus price target of $23.73.

TRADEMARK VIOLATION NOTICE: “Vanguard Group Inc. Has $195.80 Million Holdings in Gulfport Energy Corporation (GPOR)” was originally posted by The Ledger Gazette and is owned by of The Ledger Gazette. If you are viewing this article on another publication, it was illegally stolen and republished in violation of United States and international copyright and trademark legislation. The correct version of this article can be read at https://ledgergazette.com/2017/10/17/vanguard-group-inc-has-195-80-million-holdings-in-gulfport-energy-corporation-gpor.html.

Gulfport Energy Corporation Company Profile

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.

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

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