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

USA Compression Partners LP (NYSE:USAC) has been given an average rating of “Hold” by the four analysts that are currently covering the stock, MarketBeat reports. Three investment analysts have rated the stock with a hold rating and one has issued a buy rating on the company. The average 12 month target price among brokerages that have issued ratings on the stock in the last year is $26.50.

Several analysts recently commented on the stock. StockNews.com lowered shares of USA Compression Partners from a “buy” rating to a “hold” rating in a research note on Thursday, July 11th. Royal Bank of Canada restated a “sector perform” rating and set a $26.00 price target on shares of USA Compression Partners in a report on Tuesday, June 11th. Raymond James boosted their price target on shares of USA Compression Partners from $28.00 to $30.00 and gave the company an “outperform” rating in a report on Tuesday, April 16th. Finally, Mizuho upgraded shares of USA Compression Partners from an “underperform” rating to a “neutral” rating and boosted their price target for the company from $23.00 to $26.00 in a report on Thursday, May 30th.

Insider Buying and Selling at USA Compression Partners

In other USA Compression Partners news, major shareholder Veteran Equity Aggregator Eig sold 19,388 shares of the company’s stock in a transaction that occurred on Wednesday, May 15th. The shares were sold at an average price of $24.12, for a total value of $467,638.56. Following the transaction, the insider now owns 5,773,511 shares in the company, valued at approximately $139,257,085.32. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. In the last quarter, insiders have sold 2,980,539 shares of company stock worth $68,827,455.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in USAC. Susquehanna Fundamental Investments LLC acquired a new position in shares of USA Compression Partners during the 1st quarter worth $1,107,000. Lincoln National Corp acquired a new position in shares of USA Compression Partners during the 1st quarter worth $2,814,000. Jennison Associates LLC acquired a new position in shares of USA Compression Partners during the 1st quarter worth $4,775,000. UBS Group AG increased its stake in shares of USA Compression Partners by 107.1% during the 4th quarter. UBS Group AG now owns 542,425 shares of the oil and gas company’s stock worth $12,384,000 after purchasing an additional 280,491 shares during the last quarter. Finally, Global Retirement Partners LLC acquired a new position in shares of USA Compression Partners during the 4th quarter worth $258,000. Institutional investors and hedge funds own 47.77% of the company’s stock.

USA Compression Partners Price Performance

USAC stock opened at $22.21 on Friday. USA Compression Partners has a 12 month low of $19.75 and a 12 month high of $28.47. The firm has a market cap of $2.29 billion, a PE ratio of 54.66 and a beta of 1.33. The firm has a 50 day simple moving average of $23.60 and a 200 day simple moving average of $24.77.

USA Compression Partners (NYSE:USAC) last released its earnings results on Tuesday, May 7th. The oil and gas company reported $0.16 EPS for the quarter, beating the consensus estimate of $0.12 by $0.04. USA Compression Partners had a net margin of 9.77% and a negative return on equity of 32.70%. The business had revenue of $229.28 million during the quarter, compared to analyst estimates of $226.43 million. As a group, sell-side analysts expect that USA Compression Partners will post 0.77 earnings per share for the current year.

USA Compression Partners Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, August 2nd. Shareholders of record on Monday, July 22nd were paid a $0.525 dividend. The ex-dividend date of this dividend was Monday, July 22nd. This represents a $2.10 annualized dividend and a yield of 9.46%. USA Compression Partners’s dividend payout ratio is presently 512.20%.

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.