B. Riley Wealth Advisors Inc. decreased its position in shares of USD Partners LP (NYSE:USDP – Free Report) by 32.0% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 205,712 shares of the transportation company’s stock after selling 96,783 shares during the quarter. B. Riley Wealth Advisors Inc. owned 0.61% of USD Partners worth $204,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors have also made changes to their positions in the company. Symphony Financial Ltd. Co. acquired a new stake in USD Partners in the 1st quarter valued at $41,000. UBS Group AG grew its stake in USD Partners by 12.0% in the 1st quarter. UBS Group AG now owns 21,671 shares of the transportation company’s stock valued at $130,000 after acquiring an additional 2,316 shares during the period. BNP Paribas Arbitrage SA acquired a new stake in USD Partners in the 1st quarter valued at $147,000. Susquehanna International Group LLP grew its stake in USD Partners by 145.1% in the 1st quarter. Susquehanna International Group LLP now owns 24,868 shares of the transportation company’s stock valued at $75,000 after acquiring an additional 14,724 shares during the period. Finally, U.S. Capital Wealth Advisors LLC grew its stake in USD Partners by 201.3% in the 1st quarter. U.S. Capital Wealth Advisors LLC now owns 30,227 shares of the transportation company’s stock valued at $182,000 after acquiring an additional 20,194 shares during the period. Institutional investors and hedge funds own 5.36% of the company’s stock.
USD Partners Stock Performance
Shares of USDP stock opened at $0.45 on Wednesday. The stock’s fifty day moving average is $0.58 and its two-hundred day moving average is $1.18. The firm has a market capitalization of $15.14 million, a P/E ratio of -0.23 and a beta of 1.23. USD Partners LP has a fifty-two week low of $0.45 and a fifty-two week high of $5.05.
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USD Partners Profile
USD Partners LP acquires, develops, and operates midstream infrastructure assets and logistics solutions for crude oil, biofuels, and other energy-related products in the United States and Canada. It operates through two segments, Terminalling Services and Fleet Services. The Terminalling Services segment owns and operates Hardisty terminal, an origination terminal for loading various grades of Canadian crude oil onto railcars for transportation to end markets; Stroud terminal, a crude oil destination terminal, which is used to facilitate rail-to-pipeline shipments of crude oil located in Stroud, Oklahoma; Casper terminal, a crude oil storage, blending, and railcar loading terminal located in Casper, Wyoming; and West Colton Terminal, an unit train-capable destination terminals that trans load approximately 13,000 barrels per day ethanol and renewable diesel received by rail from producers onto trucks.
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