Archrock Partners LP (NASDAQ:APLP)’s share price was up 1.6% during trading on Friday . The company traded as high as $14.84 and last traded at $14.48, with a volume of 83,418 shares changing hands. The stock had previously closed at $14.25.

A number of equities analysts recently commented on APLP shares. Royal Bank Of Canada lowered their target price on Archrock Partners from $14.00 to $8.00 and set a “sector perform” rating for the company in a report on Friday, August 5th. Zacks Investment Research cut Archrock Partners from a “hold” rating to a “sell” rating in a report on Tuesday, June 14th. RBC Capital Markets restated a “sector perform” rating and set a $14.00 target price (up from $8.00) on shares of Archrock Partners in a report on Friday, August 5th. JPMorgan Chase & Co. restated a “buy” rating and set a $17.00 target price on shares of Archrock Partners in a report on Thursday, May 5th. Finally, Capital One Financial Corp. upgraded Archrock Partners from an “equal weight” rating to an “overweight” rating and set a $15.00 target price for the company in a report on Tuesday, June 21st. Four investment analysts have rated the stock with a hold rating and five have given a buy rating to the company. The stock currently has an average rating of “Buy” and a consensus price target of $14.89.

The company’s market capitalization is $868.11 million. The stock’s 50-day moving average is $14.22 and its 200 day moving average is $12.05.

Archrock Partners (NASDAQ:APLP) last released its earnings results on Thursday, August 4th. The company reported $0.21 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.13 by $0.08. The business earned $140.05 million during the quarter, compared to analyst estimates of $146.04 million. During the same quarter in the previous year, the company posted $0.33 earnings per share. The business’s revenue for the quarter was down 16.5% compared to the same quarter last year. On average, equities analysts expect that Archrock Partners LP will post $0.55 earnings per share for the current fiscal year.

The firm also recently announced a quarterly dividend, which was paid on Monday, August 15th. Investors of record on Tuesday, August 9th were paid a $0.285 dividend. The ex-dividend date of this dividend was Friday, August 5th. This represents a $1.14 annualized dividend and a yield of 7.88%.

An institutional investor recently bought a new position in Archrock Partners stock. Morgan Stanley bought a new stake in shares of Archrock Partners LP (NASDAQ:APLP) during the fourth quarter, according to its most recent disclosure with the SEC. The firm bought 1,187,887 shares of the company’s stock, valued at approximately $14,622,000. Morgan Stanley owned approximately 1.99% of Archrock Partners at the end of the most recent quarter.

Archrock Partners, L.P., formerly Exterran Partners, L.P., is engaged in the United States natural gas compression business. The Company provides contract operations services, including the personnel, equipment, tools, materials and supplies to meet its customers’ natural gas compression needs. The Company’s contract operations services primarily include designing, sourcing, owning, installing, operating, servicing, repairing and maintaining equipment to provide natural gas compression services to its customers.

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