Gastar Exploration Inc (GST) : Integrated Investment Consultants scooped up 137,450 additional shares in Gastar Exploration Inc during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Oct 14, 2016. The investment management firm now holds a total of 934,650 shares of Gastar Exploration Inc which is valued at $1,093,541.Gastar Exploration Inc makes up approximately 0.56% of Integrated Investment Consultants’s portfolio.
Other Hedge Funds, Including , Dalton Greiner Hartman Maher Co reduced its stake in GST by selling 324,387 shares or 18.84% in the most recent quarter. The Hedge Fund company now holds 1,397,245 shares of GST which is valued at $1,606,832. Gastar Exploration Inc makes up approx 0.11% of Dalton Greiner Hartman Maher Co’s portfolio.
Gastar Exploration Inc opened for trading at $1.16 and hit $1.2 on the upside on Friday, eventually ending the session at $1.17, with a gain of 1.74% or 0.02 points. The heightened volatility saw the trading volume jump to 17,15,693 shares. Company has a market cap of $154 M.
On the company’s financial health, Gastar Exploration Inc reported $-0.12 EPS for the quarter, missing the analyst consensus estimate by $ -0.01 based on the information available during the earnings call on Aug 4, 2016. Analyst had a consensus of $-0.11. The company had revenue of $12.20 million for the quarter, compared to analysts expectations of $14.99 million. The company’s revenue was down -44.3 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $-0.13 EPS.
Many Wall Street Analysts have commented on Gastar Exploration Inc. Williams Capital Group Initiated Gastar Exploration Inc on Aug 29, 2016 to “Hold”, Price Target of the shares are set at $1.Gastar Exploration Inc was Initiated by Iberia to “Sector Perform” on Aug 10, 2016.