10,050 Shares in USD Partners LP (NYSE:USDP) Bought by Janney Montgomery Scott LLC

Janney Montgomery Scott LLC acquired a new position in USD Partners LP (NYSE:USDPGet Rating) in the fourth quarter, Holdings Channel.com reports. The institutional investor acquired 10,050 shares of the transportation company’s stock, valued at approximately $32,000.

A number of other institutional investors have also recently bought and sold shares of USDP. Virtu Financial LLC acquired a new stake in shares of USD Partners during the 3rd quarter worth about $49,000. Wedbush Securities Inc. acquired a new position in USD Partners during the 4th quarter valued at about $72,000. UBS Group AG grew its holdings in USD Partners by 12.0% during the 1st quarter. UBS Group AG now owns 21,671 shares of the transportation company’s stock worth $130,000 after acquiring an additional 2,316 shares during the period. BNP Paribas Arbitrage SA acquired a new position in shares of USD Partners in the 1st quarter valued at $147,000. Finally, U.S. Capital Wealth Advisors LLC grew its stake in shares of USD Partners by 201.3% during the first quarter. U.S. Capital Wealth Advisors LLC now owns 30,227 shares of the transportation company’s stock worth $182,000 after purchasing an additional 20,194 shares during the period. Institutional investors and hedge funds own 8.43% of the company’s stock.

Analysts Set New Price Targets

Separately, StockNews.com assumed coverage on shares of USD Partners in a research report on Thursday, March 16th. They issued a “hold” rating on the stock.

USD Partners Stock Down 3.6 %

USD Partners stock opened at $1.62 on Friday. USD Partners LP has a twelve month low of $1.60 and a twelve month high of $6.38. The company has a 50 day moving average of $2.95 and a 200-day moving average of $3.40. The stock has a market capitalization of $54.69 million, a PE ratio of -0.82, a price-to-earnings-growth ratio of 3.52 and a beta of 1.22.

USD Partners (NYSE:USDPGet Rating) last issued its quarterly earnings results on Thursday, March 2nd. The transportation company reported ($0.08) earnings per share for the quarter, missing the consensus estimate of $0.11 by ($0.19). USD Partners had a negative return on equity of 5.33% and a negative net margin of 68.85%. The business had revenue of $20.65 million for the quarter, compared to the consensus estimate of $21.74 million. Equities analysts anticipate that USD Partners LP will post 0.12 EPS for the current fiscal year.

USD Partners Company Profile

(Get Rating)

USD Partners LP engages in the acquisition, development, and operation of midstream infrastructure and logistics solutions for crude oil, biofuels, and other energy-related products. It operates through the Terminalling Services and Fleet Services segments. The Terminalling Services segment includes minimum monthly commitment fees under multi-year take-or-pay contracts to load and unload various grades of crude oil into and from railcars, as well as fixed fees per gallon to trans load ethanol from railcars.

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Institutional Ownership by Quarter for USD Partners (NYSE:USDP)

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