Grt Capital Partners L.l.c. Lowers stake in Gulfport Energy Corporation (GPOR)

Gulfport Energy Corporation (GPOR) : Grt Capital Partners L.l.c. reduced its stake in Gulfport Energy Corporation by 2.16% during the most recent quarter end. The investment management company now holds a total of 528,800 shares of Gulfport Energy Corporation which is valued at $14,251,160 after selling 11,660 shares in Gulfport Energy Corporation , the firm said in a disclosure report filed with the SEC on Aug 15, 2016.Gulfport Energy Corporation makes up approximately 3.28% of Grt Capital Partners L.l.c.’s portfolio.

Other Hedge Funds, Including , Arizona State Retirement System boosted its stake in GPOR in the latest quarter, The investment management firm added 7,100 additional shares and now holds a total of 58,433 shares of Gulfport Energy Corporation which is valued at $1,574,769. Gulfport Energy Corporation makes up approx 0.02% of Arizona State Retirement System’s portfolio.Broadview Advisors boosted its stake in GPOR in the latest quarter, The investment management firm added 28,450 additional shares and now holds a total of 330,500 shares of Gulfport Energy Corporation which is valued at $8,906,975. Gulfport Energy Corporation makes up approx 1.25% of Broadview Advisors’s portfolio.Teachers Advisors Inc boosted its stake in GPOR in the latest quarter, The investment management firm added 74,742 additional shares and now holds a total of 186,841 shares of Gulfport Energy Corporation which is valued at $5,035,365. Gulfport Energy Corporation makes up approx 0.01% of Teachers Advisors Inc’s portfolio.State Board Of Administration Of Florida Retirement System boosted its stake in GPOR in the latest quarter, The investment management firm added 35,098 additional shares and now holds a total of 163,133 shares of Gulfport Energy Corporation which is valued at $4,275,716. Gulfport Energy Corporation makes up approx 0.01% of State Board Of Administration Of Florida Retirement System’s portfolio.Gemmer Asset Management boosted its stake in GPOR in the latest quarter, The investment management firm added 89 additional shares and now holds a total of 212 shares of Gulfport Energy Corporation which is valued at $6,273.

Gulfport Energy Corporation opened for trading at $28.32 and hit $28.88 on the upside on Thursday, eventually ending the session at $28.68, with a gain of 0.28% or 0.08 points. The heightened volatility saw the trading volume jump to 21,52,061 shares. Company has a market cap of $3,596 M.

On the company’s financial health, Gulfport Energy Corporation reported $0.24 EPS for the quarter, beating the analyst consensus estimate by $ 0.11 according to the earnings call on Aug 3, 2016. Analyst had a consensus of $0.13.Analysts expectations of $ 169.22.

Many Wall Street Analysts have commented on Gulfport Energy Corporation. Williams Capital Group Initiated Gulfport Energy Corporation on Aug 29, 2016 to “Buy”, Price Target of the shares are set at $36.Gulfport Energy Corporation was Upgraded by KLR Group to ” Buy” on Aug 5, 2016. Piper Jaffray Resumed Gulfport Energy Corporation on Jul 8, 2016 to “Overweight”, Price Target of the shares are set at $40.

Gulfport Energy Corporation (Gulfport) is an independent oil and natural gas exploration and production company focused on the exploration exploitation acquisition and production of crude oil natural gas liquids and natural gas in the United States. It has developed an oil and natural gas portfolio of proved reserves as well as development and exploratory drilling opportunities on conventional and unconventional oil and natural gas prospects. The Company’s principal properties are located in the Utica Shale primarily in Eastern Ohio and along the Louisiana Gulf Coast in the West Cote Blanche Bay (WCBB) and Hackberry fields. In addition the Company has producing properties in the Niobrara Formation of Northwestern Colorado and the Bakken Formation. It also holds an acreage position in the Alberta oil sands in Canada through its interest in Grizzly Oil Sands ULC (Grizzly) and interests in entities that operate in Southeast Asia including the Phu Horm gas field in Thailand.

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