R Squared Ltd Invests $68,000 in Gran Tierra Energy Inc. (NYSE:GTE)

R Squared Ltd bought a new stake in Gran Tierra Energy Inc. (NYSE:GTE) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 9,380 shares of the company’s stock, valued at approximately $68,000.

Other large investors also recently added to or reduced their stakes in the company. Barclays PLC raised its holdings in shares of Gran Tierra Energy by 25.6% in the 3rd quarter. Barclays PLC now owns 33,755 shares of the company’s stock valued at $211,000 after buying an additional 6,875 shares during the period. PDT Partners LLC grew its position in Gran Tierra Energy by 13.1% in the 3rd quarter. PDT Partners LLC now owns 60,653 shares of the company’s stock valued at $380,000 after acquiring an additional 7,030 shares in the last quarter. Quarry LP purchased a new stake in Gran Tierra Energy during the third quarter worth about $52,000. Dimensional Fund Advisors LP lifted its position in shares of Gran Tierra Energy by 5.1% during the second quarter. Dimensional Fund Advisors LP now owns 206,579 shares of the company’s stock worth $1,998,000 after purchasing an additional 10,000 shares in the last quarter. Finally, Centiva Capital LP acquired a new position in shares of Gran Tierra Energy in the third quarter valued at approximately $73,000. 31.70% of the stock is currently owned by institutional investors and hedge funds.

Gran Tierra Energy Price Performance

GTE stock opened at $5.71 on Friday. Gran Tierra Energy Inc. has a 1 year low of $4.85 and a 1 year high of $10.40. The firm has a market capitalization of $175.02 million, a P/E ratio of 3.99 and a beta of 1.53. The company has a debt-to-equity ratio of 1.71, a current ratio of 1.31 and a quick ratio of 1.19. The business’s 50-day moving average is $6.86 and its two-hundred day moving average is $7.03.

Insider Buying and Selling

In other Gran Tierra Energy news, Director Ronald Royal sold 19,967 shares of Gran Tierra Energy stock in a transaction dated Monday, December 2nd. The stock was sold at an average price of $6.88, for a total transaction of $137,372.96. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 6.45% of the stock is owned by insiders.

Wall Street Analyst Weigh In

Separately, StockNews.com lowered shares of Gran Tierra Energy from a “buy” rating to a “hold” rating in a report on Monday, January 20th.

Gran Tierra Energy Company Profile

Gran Tierra Energy Inc, together with its subsidiaries, engages in the exploration and production of oil and gas properties in Colombia and Ecuador. The company was founded in 2003 and is headquartered in Calgary, Canada.