Archrock Inc (AROC) : Robertson Opportunity Capital reduced its stake in Archrock Inc by 33.11% during the most recent quarter end. The investment management company now holds a total of 333,755 shares of Archrock Inc which is valued at $4,171,938 after selling 165,212 shares in Archrock Inc , the firm said in a disclosure report filed with the SEC on Nov 14, 2016.Archrock Inc makes up approximately 2.98% of Robertson Opportunity Capital’s portfolio.
Other Hedge Funds, Including , Group One Trading added AROC to its portfolio by purchasing 373 company shares during the most recent quarter which is valued at $4,663.Commonwealth Of Pennsylvania Public School Empls Retrmt Sys reduced its stake in AROC by selling 8,529 shares or 9.0% in the most recent quarter. The Hedge Fund company now holds 86,238 shares of AROC which is valued at $1,034,856. Archrock Inc makes up approx 0.02% of Commonwealth Of Pennsylvania Public School Empls Retrmt Sys’s portfolio.Canada Pension Plan Investment Board boosted its stake in AROC in the latest quarter, The investment management firm added 17,005 additional shares and now holds a total of 556,952 shares of Archrock Inc which is valued at $6,182,167. Archrock Inc makes up approx 0.02% of Canada Pension Plan Investment Board’s portfolio.Blackrock Investment Management reduced its stake in AROC by selling 1,136 shares or 0.36% in the most recent quarter. The Hedge Fund company now holds 315,639 shares of AROC which is valued at $3,503,593.
On the company’s financial health, Archrock Inc reported $0.08 EPS for the quarter, beating the analyst consensus estimate by $ 0.26 according to the earnings call on Feb 25, 2016. Analyst had a consensus of $-0.18. The company had revenue of $241.30 million for the quarter, compared to analysts expectations of $240.00 million. The company’s revenue was down -8.2 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.31 EPS.
Many Wall Street Analysts have commented on Archrock Inc. Archrock Inc was Initiated by Piper Jaffray to “Neutral” on Aug 22, 2016.
Archrock Inc. formerly Exterran Holdings Inc. is engaged in providing natural gas contract compression services to customers in the oil and natural gas industry throughout the United States. The Company also provides aftermarket services to customers that own compression equipment in the United States. It focuses on Natural Gas Contract Compression Service and Aftermarket Parts and Service. Its Compression Services offers inventory of compressor packages ready for deployment and comprehensive fleet with the technology from an aggressive and continuous new build program among others. Its services include Compression Services Aftermarket Services and Used Equipment. Its Aftermarket Services maintains ready inventories of critical engine compression and gas compressor package parts located throughout the United States. Its used equipment include AJAX Arrow/Ariel Caterpillar/Ariel Caterpillar/GE Gemini Rotary Screw and Waukesha.