Archrock Partners, L.P. (APLP) Holdings Held by Advisory Research Inc.
Advisory Research Inc. maintained its stake in shares of Archrock Partners, L.P. (NASDAQ:APLP) during the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 1,646,333 shares of the energy company’s stock at the close of the 2nd quarter. Advisory Research Inc. owned approximately 2.51% of Archrock Partners, L.P. worth $28,251,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds also recently modified their holdings of APLP. Clinton Group Inc. raised its holdings in Archrock Partners, L.P. by 5.5% in the 1st quarter. Clinton Group Inc. now owns 12,925 shares of the energy company’s stock valued at $222,000 after buying an additional 674 shares during the period. Global X Management Co. LLC raised its holdings in Archrock Partners, L.P. by 3.7% in the 1st quarter. Global X Management Co. LLC now owns 13,454 shares of the energy company’s stock valued at $231,000 after buying an additional 484 shares during the period. Royal Bank of Canada raised its holdings in Archrock Partners, L.P. by 2.7% in the 2nd quarter. Royal Bank of Canada now owns 18,242 shares of the energy company’s stock valued at $272,000 after buying an additional 486 shares during the period. Texas Yale Capital Corp. raised its holdings in Archrock Partners, L.P. by 52.9% in the 2nd quarter. Texas Yale Capital Corp. now owns 18,565 shares of the energy company’s stock valued at $277,000 after buying an additional 6,425 shares during the period. Finally, Marshall Wace North America L.P. purchased a new stake in Archrock Partners, L.P. in the 2nd quarter valued at about $719,000. Hedge funds and other institutional investors own 41.17% of the company’s stock.
Archrock Partners, L.P. (NASDAQ APLP) traded up 1.96% during trading on Friday, reaching $14.60. The company’s stock had a trading volume of 57,502 shares. The company’s 50-day moving average is $13.79 and its 200-day moving average is $14.96. Archrock Partners, L.P. has a 1-year low of $12.56 and a 1-year high of $18.55. The company’s market capitalization is $957.47 million.
Archrock Partners, L.P. (NASDAQ:APLP) last released its quarterly earnings data on Tuesday, August 1st. The energy company reported $0.12 EPS for the quarter, topping analysts’ consensus estimates of $0.08 by $0.04. The company had revenue of $138.30 million for the quarter, compared to the consensus estimate of $137.10 million. Archrock Partners, L.P. had a positive return on equity of 6.02% and a negative net margin of 2.49%. The company’s quarterly revenue was down 1.3% compared to the same quarter last year. During the same period last year, the business posted $0.21 EPS. Equities analysts anticipate that Archrock Partners, L.P. will post $0.47 EPS for the current year.
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Several analysts recently issued reports on the stock. Zacks Investment Research upgraded shares of Archrock Partners, L.P. from a “hold” rating to a “buy” rating and set a $16.00 price objective on the stock in a report on Tuesday, October 3rd. BidaskClub raised Archrock Partners, L.P. from a “sell” rating to a “hold” rating in a research report on Thursday, August 3rd. Royal Bank Of Canada raised Archrock Partners, L.P. from a “sector perform” rating to an “outperform” rating and lifted their target price for the company from $18.00 to $19.00 in a research report on Wednesday, August 23rd. They noted that the move was a valuation call. Finally, Capital One Financial Corporation downgraded Archrock Partners, L.P. from an “overweight” rating to an “equal weight” rating in a research report on Friday, June 23rd. Three equities research analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and a consensus price target of $17.67.
Archrock Partners, L.P. Company Profile
Archrock Partners, L.P. is engaged in natural gas compression industry in the United States. The Company’s contract operations services include designing, sourcing, owning, installing, operating, servicing, repairing and maintaining equipment to provide natural gas compression services to its customers.
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