USD Partners (NYSE:USDP) was upgraded by equities research analysts at ValuEngine from a “buy” rating to a “strong-buy” rating in a note issued to investors on Monday.

Several other research firms also recently weighed in on USDP. BidaskClub upgraded shares of USD Partners from a “sell” rating to a “hold” rating in a report on Thursday, September 14th. TheStreet upgraded shares of USD Partners from a “c” rating to a “b-” rating in a report on Monday, October 9th. Finally, Zacks Investment Research downgraded shares of USD Partners from a “strong-buy” rating to a “hold” rating in a report on Tuesday, October 3rd. One equities research analyst has rated the stock with a sell rating, two have given a hold rating, one has given a buy rating and one has given a strong buy rating to the stock. USD Partners has an average rating of “Hold” and an average price target of $15.50.

USD Partners (NYSE:USDP) traded up $0.05 on Monday, reaching $10.05. 14,634 shares of the company’s stock traded hands, compared to its average volume of 60,314. The company has a debt-to-equity ratio of 2.50, a quick ratio of 0.83 and a current ratio of 0.83. USD Partners has a 1 year low of $9.00 and a 1 year high of $17.50. The firm has a market capitalization of $266.23, a P/E ratio of 10.20 and a beta of 0.95.

In other news, insider G Stacy Smith bought 9,850 shares of USD Partners stock in a transaction dated Wednesday, September 6th. The stock was purchased at an average price of $10.54 per share, for a total transaction of $103,819.00. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, insider Dan Borgen bought 5,000 shares of USD Partners stock in a transaction dated Friday, September 8th. The stock was purchased at an average price of $9.19 per share, with a total value of $45,950.00. The disclosure for this purchase can be found here. In the last 90 days, insiders have acquired 19,850 shares of company stock worth $198,919. Corporate insiders own 2.60% of the company’s stock.

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Goldman Sachs Group Inc. bought a new stake in shares of USD Partners in the 2nd quarter worth $20,960,000. Evergreen Capital Management LLC grew its stake in shares of USD Partners by 39.1% in the 3rd quarter. Evergreen Capital Management LLC now owns 862,570 shares of the transportation company’s stock worth $9,488,000 after acquiring an additional 242,350 shares in the last quarter. HITE Hedge Asset Management LLC bought a new stake in shares of USD Partners in the 2nd quarter worth $2,382,000. Renaissance Technologies LLC grew its stake in shares of USD Partners by 10.3% in the 1st quarter. Renaissance Technologies LLC now owns 65,691 shares of the transportation company’s stock worth $808,000 after acquiring an additional 6,125 shares in the last quarter. Finally, Institutional & Family Asset Management LLC bought a new stake in shares of USD Partners in the 3rd quarter worth $271,000. Hedge funds and other institutional investors own 27.01% of the company’s stock.

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USD Partners Company Profile

USD Partners LP acquires, develops and operates energy-related logistics assets, including rail terminals and other midstream infrastructure. The Company’s segments include Terminalling services and Fleet services. The Terminalling services segment consists of various operations, including Hardisty terminal, Casper terminal and Ethanol terminals.

To view ValuEngine’s full report, visit ValuEngine’s official website.

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