Gran Tierra Energy Inc. (NYSE:GTE) Shares Acquired by Jump Financial LLC

Jump Financial LLC raised its position in Gran Tierra Energy Inc. (NYSE:GTE) by 18.7% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 50,200 shares of the company’s stock after purchasing an additional 7,900 shares during the period. Jump Financial LLC’s holdings in Gran Tierra Energy were worth $283,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of the business. Ingalls & Snyder LLC acquired a new position in shares of Gran Tierra Energy in the fourth quarter worth about $75,000. GSA Capital Partners LLP increased its stake in shares of Gran Tierra Energy by 80.6% in the third quarter. GSA Capital Partners LLP now owns 203,197 shares of the company’s stock worth $1,410,000 after buying an additional 90,686 shares during the last quarter. Aristeia Capital LLC acquired a new stake in shares of Gran Tierra Energy in the 3rd quarter valued at about $108,000. Toronto Dominion Bank acquired a new stake in shares of Gran Tierra Energy in the 3rd quarter valued at about $91,000. Finally, Algert Global LLC bought a new position in shares of Gran Tierra Energy during the third quarter worth about $279,000. 31.70% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several brokerages have recently commented on GTE. StockNews.com upgraded Gran Tierra Energy from a “buy” rating to a “strong-buy” rating in a research report on Tuesday, May 7th. Royal Bank of Canada boosted their price target on shares of Gran Tierra Energy from $9.00 to $10.00 and gave the company a “sector perform” rating in a report on Wednesday, March 13th. Finally, TheStreet lowered shares of Gran Tierra Energy from a “c-” rating to a “d” rating in a research note on Wednesday, March 6th.

Gran Tierra Energy Stock Performance

GTE opened at $8.49 on Monday. The company has a debt-to-equity ratio of 1.49, a quick ratio of 0.55 and a current ratio of 0.65. The company has a market capitalization of $266.01 million, a P/E ratio of 84.90 and a beta of 1.53. Gran Tierra Energy Inc. has a 12 month low of $4.62 and a 12 month high of $9.50.

Gran Tierra Energy Company Profile

Gran Tierra Energy Inc is an international oil and gas exploration and production company, headquartered in Calgary, Canada, incorporated and traded in the United States and operating in South America. Gran Tierra Energy holds interests in producing and prospective properties in Argentina, Colombia and Peru.