Gran Tierra Energy Inc. (NYSE:GTE) Shares Purchased by Perpetual Ltd

Perpetual Ltd raised its holdings in Gran Tierra Energy Inc. (NYSE:GTE) by 38.3% in the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 218,788 shares of the company’s stock after acquiring an additional 60,536 shares during the period. Perpetual Ltd owned 0.71% of Gran Tierra Energy worth $1,582,000 at the end of the most recent reporting period.

Other large investors also recently made changes to their positions in the company. Barclays PLC increased its stake in Gran Tierra Energy by 25.6% in the third quarter. Barclays PLC now owns 33,755 shares of the company’s stock valued at $211,000 after purchasing an additional 6,875 shares during the last quarter. PDT Partners LLC increased its stake in shares of Gran Tierra Energy by 13.1% during the 3rd quarter. PDT Partners LLC now owns 60,653 shares of the company’s stock valued at $380,000 after acquiring an additional 7,030 shares during the last quarter. Quarry LP purchased a new position in shares of Gran Tierra Energy during the 3rd quarter worth about $52,000. Dimensional Fund Advisors LP boosted its position in shares of Gran Tierra Energy by 5.1% in the second quarter. Dimensional Fund Advisors LP now owns 206,579 shares of the company’s stock worth $1,998,000 after acquiring an additional 10,000 shares during the last quarter. Finally, Centiva Capital LP purchased a new stake in Gran Tierra Energy in the third quarter valued at approximately $73,000. Hedge funds and other institutional investors own 31.70% of the company’s stock.

Analyst Ratings Changes

Separately, StockNews.com lowered shares of Gran Tierra Energy from a “buy” rating to a “hold” rating in a report on Monday.

Gran Tierra Energy Stock Performance

NYSE GTE opened at $6.73 on Wednesday. The company has a debt-to-equity ratio of 1.71, a current ratio of 1.31 and a quick ratio of 1.19. Gran Tierra Energy Inc. has a 1-year low of $4.75 and a 1-year high of $10.40. The firm has a market capitalization of $206.27 million, a P/E ratio of 4.71 and a beta of 1.53. The business’s 50-day simple moving average is $6.89 and its 200-day simple moving average is $7.21.

Insider Buying and Selling at Gran Tierra Energy

In other Gran Tierra Energy news, Director Ronald Royal sold 19,967 shares of the business’s stock in a transaction dated Monday, December 2nd. The stock was sold at an average price of $6.88, for a total transaction of $137,372.96. The sale was disclosed in a legal filing with the SEC, which is available at this link. 7.06% of the stock is currently owned by corporate insiders.

About Gran Tierra Energy

Gran Tierra Energy Inc, together with its subsidiaries, engages in the exploration and production of oil and gas properties in Colombia and Ecuador. The company was founded in 2003 and is headquartered in Calgary, Canada.