Gran Tierra Energy Inc. (NYSE:GTE) Stock Holdings Lifted by Equinox Partners Investment Management LLC

Equinox Partners Investment Management LLC increased its holdings in shares of Gran Tierra Energy Inc. (NYSE:GTE) by 63.6% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,390,114 shares of the company’s stock after buying an additional 1,318,488 shares during the period. Gran Tierra Energy comprises approximately 16.7% of Equinox Partners Investment Management LLC’s investment portfolio, making the stock its 3rd largest holding. Equinox Partners Investment Management LLC owned approximately 11.06% of Gran Tierra Energy worth $24,511,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in GTE. Sanctuary Advisors LLC purchased a new position in Gran Tierra Energy in the 4th quarter valued at $481,000. Empowered Funds LLC lifted its holdings in Gran Tierra Energy by 5.1% in the 4th quarter. Empowered Funds LLC now owns 217,552 shares of the company’s stock valued at $1,573,000 after purchasing an additional 10,485 shares in the last quarter. R Squared Ltd purchased a new position in Gran Tierra Energy in the 4th quarter valued at $68,000. Perpetual Ltd lifted its holdings in Gran Tierra Energy by 38.3% in the 4th quarter. Perpetual Ltd now owns 218,788 shares of the company’s stock valued at $1,582,000 after purchasing an additional 60,536 shares in the last quarter. Finally, Barclays PLC lifted its holdings in 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 purchasing an additional 6,875 shares in the last quarter. Hedge funds and other institutional investors own 31.70% of the company’s stock.

Analyst Ratings Changes

Separately, StockNews.com upgraded Gran Tierra Energy from a “hold” rating to a “buy” rating in a report on Tuesday, February 11th.

Gran Tierra Energy Stock Down 12.5 %

Shares of GTE opened at $4.96 on Tuesday. Gran Tierra Energy Inc. has a 52-week low of $4.71 and a 52-week high of $10.40. The company has a market capitalization of $152.02 million, a PE ratio of 3.47 and a beta of 1.49. The stock has a fifty day simple moving average of $6.55 and a two-hundred day simple moving average of $6.64. The company has a quick ratio of 1.19, a current ratio of 1.31 and a debt-to-equity ratio of 1.71.

Insiders Place Their Bets

In related news, Director Ronald Royal sold 19,967 shares of the firm’s 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 this hyperlink. Corporate insiders own 6.45% of the company’s stock.

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.