Yousif Capital Management LLC Has $1.08 Million Stake in Archrock, Inc. (NYSE:AROC)

Yousif Capital Management LLC lifted its position in shares of Archrock, Inc. (NYSE:AROC) by 2.3% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 69,907 shares of the energy company’s stock after purchasing an additional 1,582 shares during the quarter. Yousif Capital Management LLC’s holdings in Archrock were worth $1,077,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of AROC. GAMMA Investing LLC purchased a new stake in Archrock in the 4th quarter valued at $51,000. Raymond James Financial Services Advisors Inc. purchased a new stake in Archrock in the 3rd quarter valued at $135,000. Aigen Investment Management LP purchased a new stake in Archrock in the 3rd quarter valued at $153,000. Corton Capital Inc. purchased a new stake in Archrock in the 3rd quarter valued at $155,000. Finally, Envestnet Portfolio Solutions Inc. purchased a new stake in Archrock in the 3rd quarter valued at $159,000. 95.45% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of research firms recently commented on AROC. Stifel Nicolaus increased their price target on Archrock from $20.00 to $23.00 and gave the company a “buy” rating in a research report on Thursday. Royal Bank of Canada raised their target price on Archrock from $20.00 to $21.00 and gave the company an “outperform” rating in a research report on Thursday, March 28th. One research analyst has rated the stock with a hold rating and three have assigned a buy rating to the stock. Based on data from MarketBeat, Archrock presently has a consensus rating of “Moderate Buy” and an average price target of $19.67.

Archrock Trading Up 0.9 %

Shares of Archrock stock opened at $20.21 on Friday. Archrock, Inc. has a 1 year low of $8.92 and a 1 year high of $21.40. The firm has a market cap of $3.16 billion, a PE ratio of 24.35, a P/E/G ratio of 2.79 and a beta of 1.58. The stock has a fifty day moving average price of $19.38 and a 200-day moving average price of $16.54. The company has a debt-to-equity ratio of 1.78, a current ratio of 1.26 and a quick ratio of 0.86.

Archrock (NYSE:AROC) last announced its earnings results on Wednesday, May 1st. The energy company reported $0.26 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.22 by $0.04. Archrock had a return on equity of 15.30% and a net margin of 12.54%. The firm had revenue of $268.49 million during the quarter, compared to analyst estimates of $260.51 million. During the same period last year, the firm posted $0.10 EPS. The business’s revenue was up 3.4% compared to the same quarter last year. Equities research analysts anticipate that Archrock, Inc. will post 1.02 EPS for the current year.

Archrock Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, May 14th. Investors of record on Tuesday, May 7th will be issued a $0.165 dividend. This represents a $0.66 annualized dividend and a yield of 3.27%. The ex-dividend date of this dividend is Monday, May 6th. Archrock’s dividend payout ratio (DPR) is currently 79.52%.

Archrock Company Profile

Archrock, Inc, together with its subsidiaries, operates as an energy infrastructure company in the United States. The company operates in two segments, Contract Operations and Aftermarket Services. It engages in the designing, sourcing, owning, installing, operating, servicing, repairing, and maintaining of its owned fleet of natural gas compression equipment to provide natural gas compression services.