USA Compression Partners LP (NYSE:USAC) Receives Consensus Rating of “Hold” from Analysts

Shares of USA Compression Partners LP (NYSE:USAC) have earned an average rating of “Hold” from the four analysts that are covering the stock, MarketBeat reports. Three equities research analysts have rated the stock with a hold recommendation and one has assigned a buy recommendation to the company. The average 12 month price objective among analysts that have covered the stock in the last year is $26.50.

USAC has been the subject of several recent analyst reports. Raymond James raised their price objective on shares of USA Compression Partners from $28.00 to $30.00 and gave the stock an “outperform” rating in a report on Tuesday, April 16th. Royal Bank of Canada reaffirmed a “sector perform” rating and set a $26.00 price target on shares of USA Compression Partners in a report on Tuesday, June 11th. Mizuho raised USA Compression Partners from an “underperform” rating to a “neutral” rating and boosted their price objective for the stock from $23.00 to $26.00 in a research note on Thursday, May 30th. Finally, StockNews.com cut USA Compression Partners from a “buy” rating to a “hold” rating in a report on Thursday, July 11th.

USA Compression Partners Price Performance

USA Compression Partners stock opened at $21.80 on Friday. USA Compression Partners has a 52-week low of $19.75 and a 52-week high of $28.47. The stock has a fifty day moving average price of $23.68 and a two-hundred day moving average price of $24.81. The firm has a market capitalization of $2.25 billion, a P/E ratio of 52.61 and a beta of 1.33.

USA Compression Partners (NYSE:USAC) last announced its quarterly earnings results on Tuesday, May 7th. The oil and gas company reported $0.16 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.12 by $0.04. The firm had revenue of $229.28 million during the quarter, compared to the consensus estimate of $226.43 million. USA Compression Partners had a net margin of 9.21% and a negative return on equity of 31.50%. On average, equities research analysts predict that USA Compression Partners will post 0.77 EPS for the current fiscal year.

USA Compression Partners Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, August 2nd. Investors of record on Monday, July 22nd were issued a $0.525 dividend. This represents a $2.10 dividend on an annualized basis and a dividend yield of 9.63%. The ex-dividend date of this dividend was Monday, July 22nd. USA Compression Partners’s dividend payout ratio is currently 512.20%.

Insiders Place Their Bets

In other news, major shareholder Veteran Equity Aggregator Eig sold 9,713 shares of USA Compression Partners stock in a transaction on Thursday, May 9th. The stock was sold at an average price of $25.14, for a total value of $244,184.82. Following the completion of the sale, the insider now directly owns 5,827,680 shares of the company’s stock, valued at approximately $146,507,875.20. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. In related news, Director Bradford D. Whitehurst bought 10,000 shares of the business’s stock in a transaction on Friday, May 10th. The shares were purchased at an average price of $24.66 per share, with a total value of $246,600.00. Following the completion of the purchase, the director now owns 13,616 shares of the company’s stock, valued at approximately $335,770.56. The acquisition was disclosed in a filing with the SEC, which is available at this hyperlink. Also, major shareholder Veteran Equity Aggregator Eig sold 9,713 shares of the firm’s stock in a transaction dated Thursday, May 9th. The stock was sold at an average price of $25.14, for a total value of $244,184.82. Following the transaction, the insider now owns 5,827,680 shares in the company, valued at approximately $146,507,875.20. The disclosure for this sale can be found here. In the last quarter, insiders have sold 2,990,252 shares of company stock valued at $69,071,640.

Institutional Trading of USA Compression Partners

A number of hedge funds have recently modified their holdings of USAC. Creekmur Asset Management LLC acquired a new position in USA Compression Partners during the fourth quarter valued at approximately $46,000. JNBA Financial Advisors bought a new position in shares of USA Compression Partners during the fourth quarter worth $46,000. Tower Research Capital LLC TRC grew its holdings in shares of USA Compression Partners by 914.6% in the 4th quarter. Tower Research Capital LLC TRC now owns 3,196 shares of the oil and gas company’s stock valued at $73,000 after buying an additional 2,881 shares during the period. Objectivity Squared LLC increased its position in shares of USA Compression Partners by 2.1% in the 2nd quarter. Objectivity Squared LLC now owns 202,199 shares of the oil and gas company’s stock valued at $4,986,000 after buying an additional 4,228 shares in the last quarter. Finally, F&V Capital Management LLC acquired a new stake in USA Compression Partners during the 1st quarter worth $209,000. 47.77% of the stock is currently owned by institutional investors and hedge funds.

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.