Tudor Investment Reduces $10M in Archrock, Inc. ($AROC)
Key Points
- Tudor Investment changed its Archrock, Inc. ($AROC) stake by 28.2% last quarter, cutting to 730,069 shares worth $26.33 million.
- Wall Street's consensus rating on $AROC is Strong Buy and an average price target of $41.89.
- $AROC last traded around $36.07.
Tudor Investment reduced its position in Archrock, Inc. ($AROC) by 28.2% during the most recent quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 730,069 shares of Archrock, Inc. after selling 286,670 shares during the quarter. Tudor Investment's holdings in Archrock, Inc. were worth $26.33 million as of its most recent filing.
Archrock, Inc. ($AROC) Stock
Archrock, Inc. Earnings
Archrock, Inc. Dividend
Analysts Set New Price Targets
About Archrock, Inc.
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. The company also sells over-the-counter parts and components, as well as provides operations, major and routine maintenance, overhaul, and reconfiguration services to customers who own compression equipment. It serves integrated and independent oil and natural gas processors, gatherers, and transporters. Archrock, Inc. was formerly known as Exterran Holdings, Inc. and changed its name to Archrock, Inc. in November 2015. The company was founded in 1990 and is headquartered in Houston, Texas.
See Also
This instant news alert was generated by automated narrative technology and financial data from Opentrades and public regulatory filings. It is for informational purposes only and is not financial advice.