Gulfport Energy Corporation $GPOR Stock Position Raised by Janus Henderson Group PLC

Janus Henderson Group PLC boosted its stake in shares of Gulfport Energy Corporation (NYSE:GPOR) by 4.2% during the 1st quarter, Holdings Channel.com reports. The institutional investor owned 223,669 shares of the company’s stock after purchasing an additional 9,095 shares during the quarter. Janus Henderson Group PLC’s holdings in Gulfport Energy were worth $47,323,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also modified their holdings of the business. California State Teachers Retirement System boosted its holdings in shares of Gulfport Energy by 25.3% during the first quarter. California State Teachers Retirement System now owns 18,797 shares of the company’s stock worth $3,977,000 after purchasing an additional 3,798 shares during the period. Royal Bank of Canada increased its stake in shares of Gulfport Energy by 19.0% in the first quarter. Royal Bank of Canada now owns 6,839 shares of the company’s stock worth $1,448,000 after acquiring an additional 1,090 shares during the last quarter. Energy Income Partners LLC raised its holdings in shares of Gulfport Energy by 1.2% during the first quarter. Energy Income Partners LLC now owns 50,395 shares of the company’s stock worth $10,662,000 after acquiring an additional 601 shares in the last quarter. Quantinno Capital Management LP grew its stake in Gulfport Energy by 698.0% in the first quarter. Quantinno Capital Management LP now owns 16,312 shares of the company’s stock valued at $3,451,000 after purchasing an additional 14,268 shares in the last quarter. Finally, Renaissance Technologies LLC grew its stake in shares of Gulfport Energy by 582.6% in the 1st quarter. Renaissance Technologies LLC now owns 137,200 shares of the company’s stock valued at $29,027,000 after buying an additional 117,100 shares in the last quarter.

Gulfport Energy Stock Performance

NYSE:GPOR opened at $161.40 on Friday. The company has a current ratio of 0.56, a quick ratio of 0.56 and a debt-to-equity ratio of 0.46. Gulfport Energy Corporation has a 1-year low of $149.18 and a 1-year high of $225.78. The stock has a 50 day simple moving average of $162.54 and a 200 day simple moving average of $184.51. The stock has a market cap of $2.90 billion, a P/E ratio of 5.51 and a beta of 0.41.

Analysts Set New Price Targets

Several research analysts recently commented on the stock. Truist Financial dropped their target price on shares of Gulfport Energy from $219.00 to $190.00 and set a “hold” rating on the stock in a report on Friday, July 10th. UBS Group lowered their price target on Gulfport Energy from $260.00 to $245.00 and set a “buy” rating on the stock in a research report on Thursday, April 16th. Weiss Ratings downgraded Gulfport Energy from a “buy (b-)” rating to a “hold (c+)” rating in a report on Thursday, July 16th. Zacks Research cut shares of Gulfport Energy from a “hold” rating to a “strong sell” rating in a research note on Monday, July 13th. Finally, Mizuho upgraded shares of Gulfport Energy from a “neutral” rating to an “outperform” rating and increased their price objective for the company from $251.00 to $252.00 in a report on Wednesday, May 27th. One investment analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating, six have issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $227.00.

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.