USD Partners LP (NYSE:USDP) has received a consensus recommendation of “Hold” from the eight analysts that are currently covering the firm, Marketbeat Ratings reports. One analyst has rated the stock with a sell recommendation, three have assigned a hold recommendation and three have given a buy recommendation to the company. The average 12 month price target among brokers that have covered the stock in the last year is $15.00.

A number of analysts recently issued reports on USDP shares. Zacks Investment Research lowered shares of USD Partners from a “strong-buy” rating to a “hold” rating in a research note on Tuesday. BidaskClub upgraded shares of USD Partners from a “sell” rating to a “hold” rating in a research note on Thursday, September 14th. Finally, ValuEngine lowered shares of USD Partners from a “strong-buy” rating to a “buy” rating in a research note on Friday, June 9th.

In other USD Partners news, insider Dan Borgen bought 5,000 shares of the stock in a transaction on Friday, September 8th. The stock was purchased at an average price of $9.19 per share, for a total transaction of $45,950.00. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider G Stacy Smith bought 3,000 shares of the stock in a transaction on Friday, August 25th. The shares were acquired at an average price of $10.78 per share, with a total value of $32,340.00. The disclosure for this purchase can be found here. In the last 90 days, insiders purchased 36,350 shares of company stock valued at $377,464.

A number of hedge funds have recently added to or reduced their stakes in the business. Goldman Sachs Group Inc. bought a new stake in USD Partners during the second quarter valued at $20,960,000. Evergreen Capital Management LLC increased its stake in USD Partners by 26.8% during the second quarter. Evergreen Capital Management LLC now owns 620,220 shares of the transportation company’s stock valued at $6,946,000 after purchasing an additional 131,193 shares during the last quarter. Bank of America Corp DE increased its stake in USD Partners by 31.1% during the first quarter. Bank of America Corp DE now owns 554,948 shares of the transportation company’s stock valued at $6,826,000 after purchasing an additional 131,521 shares during the last quarter. HITE Hedge Asset Management LLC bought a new stake in USD Partners during the second quarter valued at $2,382,000. Finally, Renaissance Technologies LLC increased its stake in USD Partners by 10.3% during the first quarter. Renaissance Technologies LLC now owns 65,691 shares of the transportation company’s stock valued at $808,000 after purchasing an additional 6,125 shares during the last quarter. Hedge funds and other institutional investors own 30.29% of the company’s stock.

Shares of USD Partners (USDP) traded up 1.42% during midday trading on Friday, hitting $10.75. 55,221 shares of the company’s stock were exchanged. The stock’s 50 day moving average is $10.67 and its 200-day moving average is $11.98. The stock has a market cap of $283.36 million, a PE ratio of 9.54 and a beta of 1.01. USD Partners has a 1-year low of $9.00 and a 1-year high of $17.50.

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About USD Partners

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.

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