Graham Capital Management Lowers stake in Gulfport Energy Corporation (GPOR)

Gulfport Energy Corporation (GPOR) : Graham Capital Management reduced its stake in Gulfport Energy Corporation by 25.38% during the most recent quarter end. The investment management company now holds a total of 222,333 shares of Gulfport Energy Corporation which is valued at $5,991,874 after selling 75,634 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 1.25% of Graham Capital Management’s portfolio.

Other Hedge Funds, Including , Dynamic Capital Management Ltd boosted its stake in GPOR in the latest quarter, The investment management firm added 2,231 additional shares and now holds a total of 10,202 shares of Gulfport Energy Corporation which is valued at $274,944. Gulfport Energy Corporation makes up approx 0.03% of Dynamic Capital Management Ltd’s portfolio.Victory Capital Management Inc reduced its stake in GPOR by selling 144,139 shares or 10.43% in the most recent quarter. The Hedge Fund company now holds 1,238,347 shares of GPOR which is valued at $33,373,452. Gulfport Energy Corporation makes up approx 0.13% of Victory Capital Management Inc’s portfolio.Scout Investments reduced its stake in GPOR by selling 539,882 shares or 54.19% in the most recent quarter. The Hedge Fund company now holds 456,466 shares of GPOR which is valued at $12,301,759. Gulfport Energy Corporation makes up approx 0.33% of Scout Investments’s portfolio. Thompson Siegel Walmsley added GPOR to its portfolio by purchasing 52 company shares during the most recent quarter which is valued at $1,363.S&co Inc boosted its stake in GPOR in the latest quarter, The investment management firm added 5,775 additional shares and now holds a total of 29,763 shares of Gulfport Energy Corporation which is valued at $880,687. Gulfport Energy Corporation makes up approx 0.13% of S&co Inc’s portfolio.

Gulfport Energy Corporation closed down -0.1 points or -0.34% at $29.4 with 2,947,045 shares getting traded on Wednesday. Post opening the session at $29.6, the shares hit an intraday low of $29.04 and an intraday high of $29.88 and the price fluctuated in this range throughout the day.Shares ended Wednesday session in Red.

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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