Quantinno Capital Management LP Has $3.45 Million Holdings in Gulfport Energy Corporation $GPOR

Quantinno Capital Management LP increased its position in shares of Gulfport Energy Corporation (NYSE:GPOR) by 698.0% during the first quarter, Holdings Channel.com reports. The institutional investor owned 16,312 shares of the company’s stock after purchasing an additional 14,268 shares during the period. Quantinno Capital Management LP’s holdings in Gulfport Energy were worth $3,451,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Keybank National Association OH grew its position in shares of Gulfport Energy by 1.2% in the 1st quarter. Keybank National Association OH now owns 5,881 shares of the company’s stock valued at $1,244,000 after acquiring an additional 67 shares during the period. Polymer Capital Management US LLC grew its holdings in Gulfport Energy by 3.8% during the third quarter. Polymer Capital Management US LLC now owns 2,193 shares of the company’s stock worth $397,000 after purchasing an additional 81 shares during the period. Allworth Financial LP increased its position in Gulfport Energy by 113.3% during the fourth quarter. Allworth Financial LP now owns 160 shares of the company’s stock worth $33,000 after buying an additional 85 shares during the last quarter. Sequoia Financial Advisors LLC increased its position in Gulfport Energy by 3.3% during the fourth quarter. Sequoia Financial Advisors LLC now owns 2,959 shares of the company’s stock worth $615,000 after buying an additional 94 shares during the last quarter. Finally, King Luther Capital Management Corp raised its stake in Gulfport Energy by 0.4% in the fourth quarter. King Luther Capital Management Corp now owns 23,535 shares of the company’s stock valued at $4,895,000 after buying an additional 102 shares during the period.

Gulfport Energy Stock Up 2.5%

GPOR opened at $162.39 on Friday. Gulfport Energy Corporation has a fifty-two week low of $149.18 and a fifty-two week high of $225.78. The company has a debt-to-equity ratio of 0.51, a quick ratio of 0.56 and a current ratio of 0.58. The company has a market capitalization of $2.87 billion, a P/E ratio of 6.50 and a beta of 0.41. The stock has a fifty day moving average of $161.20 and a 200-day moving average of $183.85.

Analyst Ratings Changes

A number of research analysts recently weighed in on GPOR shares. Truist Financial decreased their target price on Gulfport Energy from $190.00 to $186.00 and set a “hold” rating on the stock in a report on Wednesday. Weiss Ratings downgraded shares of Gulfport Energy from a “buy (b-)” rating to a “hold (c+)” rating in a report on Thursday, July 16th. Mizuho upgraded shares of Gulfport Energy from a “neutral” rating to an “outperform” rating and raised their target price for the stock from $251.00 to $252.00 in a research note on Wednesday, May 27th. UBS Group reduced their target price on shares of Gulfport Energy from $223.00 to $214.00 and set a “buy” rating for the company in a report on Wednesday. Finally, Zacks Research cut shares of Gulfport Energy from a “hold” rating to a “strong sell” rating in a report on Monday, July 13th. One analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating, six have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, Gulfport Energy currently has an average rating of “Moderate Buy” and an average target price of $223.11.

About Gulfport Energy

Gulfport Energy Corporation is an independent oil and gas exploration and production company based in Oklahoma City, Oklahoma. The company focuses on the development of onshore natural gas, natural gas liquids (NGLs) and crude oil properties in the United States. Gulfport utilizes horizontal drilling and multi-stage hydraulic fracturing techniques to maximize production and enhance recovery from its resource plays.

The company’s primary operations are concentrated in two major U.S. resource basins.