28,108 Shares in Gulfport Energy Corporation $GPOR Bought by Y Intercept Hong Kong Ltd

Y Intercept Hong Kong Ltd acquired a new stake in Gulfport Energy Corporation (NYSE:GPOR) during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 28,108 shares of the company’s stock, valued at approximately $5,947,000. Y Intercept Hong Kong Ltd owned 0.16% of Gulfport Energy at the end of the most recent reporting period.

Other hedge funds also recently added to or reduced their stakes in the company. Keybank National Association OH boosted its position in shares of Gulfport Energy by 1.2% in the first quarter. Keybank National Association OH now owns 5,881 shares of the company’s stock worth $1,244,000 after buying an additional 67 shares during the period. Janney Montgomery Scott LLC purchased a new stake in shares of Gulfport Energy during the 1st quarter valued at about $205,000. Fort Washington Investment Advisors Inc. OH lifted its position in Gulfport Energy by 18.5% during the 1st quarter. Fort Washington Investment Advisors Inc. OH now owns 129,048 shares of the company’s stock worth $27,303,000 after acquiring an additional 20,159 shares in the last quarter. Kestra Private Wealth Services LLC acquired a new position in Gulfport Energy during the 1st quarter worth approximately $399,000. Finally, Assenagon Asset Management S.A. boosted its holdings in Gulfport Energy by 4,946.1% in the 1st quarter. Assenagon Asset Management S.A. now owns 467,419 shares of the company’s stock worth $98,892,000 after acquiring an additional 458,156 shares during the period.

Analysts Set New Price Targets

A number of research firms have recently commented on GPOR. Truist Financial reduced their target price on shares of Gulfport Energy from $230.00 to $219.00 and set a “hold” rating on the stock in a research report on Friday, May 8th. UBS Group dropped their price target on shares of Gulfport Energy from $260.00 to $245.00 and set a “buy” rating on the stock in a research note on Thursday, April 16th. JPMorgan Chase & Co. boosted their price objective on shares of Gulfport Energy from $228.00 to $229.00 and gave the stock an “overweight” rating in a report on Monday, March 16th. Mizuho raised shares of Gulfport Energy from a “neutral” rating to an “outperform” rating and upped their price objective for the company from $251.00 to $252.00 in a research report on Wednesday, May 27th. Finally, Bank of America raised their target price on Gulfport Energy from $215.00 to $237.00 and gave the company a “buy” rating in a research note on Thursday, March 19th. One analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and six have assigned a Hold rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $230.22.

Gulfport Energy Price Performance

Shares of GPOR stock opened at $168.75 on Friday. The firm has a fifty day moving average of $173.68 and a two-hundred day moving average of $190.58. The firm has a market cap of $3.03 billion, a P/E ratio of 5.77 and a beta of 0.41. Gulfport Energy Corporation has a 1-year low of $158.91 and a 1-year high of $225.78. The company has a debt-to-equity ratio of 0.46, a current ratio of 0.56 and a quick ratio of 0.56.

Gulfport Energy Profile

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.