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Eagle Rock Energy Partners, L.P. (NASDAQ:EROC) SVP Robert D. Hallett sold 55,000 shares of the company’s stock on the open market in a transaction dated Friday, August 15th. The shares were sold at an average price of $4.26, for a total transaction of $234,300.00. Following the transaction, the senior vice president now directly owns 127,022 shares of the company’s stock, valued at approximately $541,114. The sale was disclosed in a document filed with the SEC, which can be accessed through this link.

Eagle Rock Energy Partners, L.P. (NASDAQ:EROC) traded down 0.93% on Wednesday, hitting $4.25. The stock had a trading volume of 231,026 shares. Eagle Rock Energy Partners, L.P. has a 52 week low of $3.97 and a 52 week high of $7.88. The stock’s 50-day moving average is $4.63 and its 200-day moving average is $4.76. The company’s market cap is $668.8 million.

Eagle Rock Energy Partners, L.P. (NASDAQ:EROC) last announced its earnings results on Wednesday, July 30th. The company reported ($0.11) EPS for the quarter, missing the Thomson Reuters consensus estimate of ($0.01) by $0.10. On average, analysts predict that Eagle Rock Energy Partners, L.P. will post $0.03 earnings per share for the current fiscal year.

Separately, analysts at Zacks downgraded shares of Eagle Rock Energy Partners, L.P. from an “outperform” rating to a “neutral” rating in a research note on Wednesday, August 13th. They now have a $5.20 price target on the stock. Five investment analysts have rated the stock with a hold rating, Eagle Rock Energy Partners, L.P. currently has a consensus rating of “Hold” and a consensus target price of $5.51.

Eagle Rock Energy Partners, L.P. (NASDAQ:EROC) is a limited partnership engaged in the business of gathering, compressing, treating, processing and transporting natural gas; fractionating and transporting natural gas liquids (NGLs); crude oil logistics and marketing; natural gas marketing and trading, known as Midstream Business, and developing and producing interests in oil and natural gas properties, known as Upstream Business.

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