Wells Fargo & Co set a $18.00 price target on USA Compression Partners (NYSE:USAC) in a research note issued to investors on Friday morning. The firm currently has a hold rating on the oil and gas company’s stock.

Other analysts have also recently issued research reports about the stock. B. Riley set a $21.00 target price on shares of USA Compression Partners and gave the stock a buy rating in a research note on Tuesday. ValuEngine upgraded shares of USA Compression Partners from a hold rating to a buy rating in a research note on Wednesday, August 8th. Zacks Investment Research upgraded shares of USA Compression Partners from a hold rating to a buy rating and set a $18.00 target price for the company in a research note on Wednesday, October 17th. Royal Bank of Canada upgraded shares of USA Compression Partners from a sector perform rating to an outperform rating and set a $21.00 target price for the company in a research note on Wednesday. Finally, Mitsubishi UFJ Financial Group started coverage on shares of USA Compression Partners in a research note on Wednesday, September 5th. They issued an overweight rating and a $22.00 target price for the company. Two research analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. USA Compression Partners presently has an average rating of Buy and an average target price of $20.57.

Shares of USAC stock traded down $0.14 during mid-day trading on Friday, hitting $14.53. The stock had a trading volume of 239,425 shares, compared to its average volume of 309,842. USA Compression Partners has a fifty-two week low of $14.01 and a fifty-two week high of $19.33. The company has a debt-to-equity ratio of 1.21, a quick ratio of 0.86 and a current ratio of 1.32.

USA Compression Partners (NYSE:USAC) last released its earnings results on Tuesday, November 6th. The oil and gas company reported ($0.10) EPS for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.04) by ($0.06). USA Compression Partners had a positive return on equity of 1.31% and a negative net margin of 1.67%. The firm had revenue of $168.90 million during the quarter, compared to analyst estimates of $170.93 million. During the same quarter last year, the business posted $0.07 EPS. The firm’s revenue was up 132.0% on a year-over-year basis. As a group, equities analysts anticipate that USA Compression Partners will post -0.34 earnings per share for the current fiscal year.

The business also recently disclosed a quarterly dividend, which was paid on Friday, November 9th. Investors of record on Monday, October 29th were paid a $0.525 dividend. This is a boost from USA Compression Partners’s previous quarterly dividend of $0.51. The ex-dividend date of this dividend was Friday, October 26th. This represents a $2.10 annualized dividend and a dividend yield of 14.45%. USA Compression Partners’s dividend payout ratio (DPR) is 1,312.50%.

Several hedge funds and other institutional investors have recently made changes to their positions in the stock. OppenheimerFunds Inc. lifted its stake in shares of USA Compression Partners by 21.9% in the second quarter. OppenheimerFunds Inc. now owns 9,020,191 shares of the oil and gas company’s stock valued at $151,810,000 after purchasing an additional 1,618,796 shares during the period. Perella Weinberg Partners Capital Management LP lifted its stake in shares of USA Compression Partners by 134.8% in the second quarter. Perella Weinberg Partners Capital Management LP now owns 1,051,564 shares of the oil and gas company’s stock valued at $17,698,000 after purchasing an additional 603,657 shares during the period. First Trust Advisors LP lifted its stake in shares of USA Compression Partners by 30.4% in the third quarter. First Trust Advisors LP now owns 530,605 shares of the oil and gas company’s stock valued at $8,760,000 after purchasing an additional 123,621 shares during the period. Bank of America Corp DE lifted its stake in shares of USA Compression Partners by 122.7% in the second quarter. Bank of America Corp DE now owns 463,227 shares of the oil and gas company’s stock valued at $7,796,000 after purchasing an additional 255,201 shares during the period. Finally, Jennison Associates LLC lifted its stake in shares of USA Compression Partners by 4.2% in the third quarter. Jennison Associates LLC now owns 384,594 shares of the oil and gas company’s stock valued at $6,350,000 after purchasing an additional 15,656 shares during the period. Hedge funds and other institutional investors own 42.53% of the company’s stock.

USA Compression Partners Company Profile

USA Compression Partners, LP provides compression services under term contracts with customers in the natural gas and crude oil industries in the United States. The company engineers, designs, operates, services, and repairs its compression units; and maintains related support inventory and equipment.

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Analyst Recommendations for USA Compression Partners (NYSE:USAC)

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