Zacks Investment Research upgraded shares of USA Compression Partners, LP (NYSE:USAC) from a hold rating to a buy rating in a research report report published on Friday morning. Zacks Investment Research currently has $19.00 price target on the oil and gas company’s stock.

According to Zacks, “USA Compression Partners, LP is engaged in providing compression services primarily in the United States. It designs, engineers, operates and maintains natural gas compressor packages. The Company’s customer base is comprised of producers, processors, gatherers and transporters of natural gas. It generally provides its compression services primarily under long-term, fixed fee contracts. USA Compression Partners, LP is headquartered in Austin, Texas. “

USAC has been the topic of several other reports. ValuEngine downgraded USA Compression Partners, from a hold rating to a sell rating in a research report on Friday, September 1st. BidaskClub downgraded USA Compression Partners, from a sell rating to a strong sell rating in a research report on Tuesday, August 1st. Royal Bank Of Canada raised their price target on USA Compression Partners, from $17.00 to $18.00 and gave the company a sector perform rating in a research report on Wednesday, November 8th. Finally, Janney Montgomery Scott initiated coverage on USA Compression Partners, in a research report on Friday, September 1st. They issued a neutral rating and a $16.00 price target on the stock. Two research analysts have rated the stock with a sell rating, three have given a hold rating and one has assigned a buy rating to the stock. The company currently has an average rating of Hold and a consensus price target of $17.67.

USA Compression Partners, (USAC) opened at $16.40 on Friday. USA Compression Partners, has a 1-year low of $14.30 and a 1-year high of $19.78. The company has a current ratio of 1.35, a quick ratio of 0.74 and a debt-to-equity ratio of 1.14. The firm has a market capitalization of $1,040.02, a PE ratio of 104.81 and a beta of 1.16.

USA Compression Partners, (NYSE:USAC) last issued its quarterly earnings results on Tuesday, November 7th. The oil and gas company reported $0.07 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.08 by ($0.01). The business had revenue of $72.79 million during the quarter, compared to analyst estimates of $68.82 million. USA Compression Partners, had a net margin of 3.63% and a return on equity of 1.62%. The company’s revenue for the quarter was up 19.1% compared to the same quarter last year. During the same period in the prior year, the business posted ($0.04) earnings per share. equities research analysts anticipate that USA Compression Partners, will post 0.26 EPS for the current year.

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The company also recently announced a quarterly dividend, which was paid on Friday, November 10th. Investors of record on Monday, October 30th were given a dividend of $0.525 per share. This represents a $2.10 dividend on an annualized basis and a yield of 12.80%. The ex-dividend date of this dividend was Friday, October 27th. USA Compression Partners,’s dividend payout ratio (DPR) is presently 1,500.00%.

Hedge funds have recently added to or reduced their stakes in the stock. Goldman Sachs Group Inc. grew its position in USA Compression Partners, by 8.6% during the second quarter. Goldman Sachs Group Inc. now owns 1,003,214 shares of the oil and gas company’s stock worth $16,412,000 after buying an additional 79,270 shares in the last quarter. Atlantic Trust Group LLC grew its position in USA Compression Partners, by 395.7% during the second quarter. Atlantic Trust Group LLC now owns 74,600 shares of the oil and gas company’s stock worth $1,220,000 after buying an additional 59,551 shares in the last quarter. Morgan Stanley grew its position in USA Compression Partners, by 17.5% during the first quarter. Morgan Stanley now owns 351,462 shares of the oil and gas company’s stock worth $5,936,000 after buying an additional 52,345 shares in the last quarter. Riverstone Holdings LLC grew its position in USA Compression Partners, by 1.6% during the second quarter. Riverstone Holdings LLC now owns 23,882,976 shares of the oil and gas company’s stock worth $390,725,000 after buying an additional 368,445 shares in the last quarter. Finally, Carlyle Group L.P. grew its position in USA Compression Partners, by 1.6% during the second quarter. Carlyle Group L.P. now owns 24,513,196 shares of the oil and gas company’s stock worth $401,036,000 after buying an additional 378,167 shares in the last quarter.

USA Compression Partners, Company Profile

USA Compression Partners, LP is an independent provider of compression services in the United States. The Company provides compression services to its customers primarily in connection with infrastructure applications, including both allowing for the processing and transportation of natural gas through the domestic pipeline system and managing crude oil production through artificial lift processes.

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