F&V Capital Management LLC Raises Stake in USA Compression Partners, LP $USAC

F&V Capital Management LLC boosted its position in USA Compression Partners, LP (NYSE:USAC) by 5.4% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 11,750 shares of the oil and gas company’s stock after buying an additional 600 shares during the quarter. F&V Capital Management LLC’s holdings in USA Compression Partners were worth $286,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also bought and sold shares of the company. GraniteShares Advisors LLC boosted its stake in USA Compression Partners by 6.7% in the second quarter. GraniteShares Advisors LLC now owns 118,466 shares of the oil and gas company’s stock worth $2,880,000 after buying an additional 7,403 shares in the last quarter. SeaCrest Wealth Management LLC boosted its stake in USA Compression Partners by 149.0% in the second quarter. SeaCrest Wealth Management LLC now owns 24,400 shares of the oil and gas company’s stock worth $593,000 after buying an additional 14,600 shares in the last quarter. Hodges Capital Management Inc. boosted its stake in USA Compression Partners by 1.9% in the first quarter. Hodges Capital Management Inc. now owns 26,621 shares of the oil and gas company’s stock worth $718,000 after buying an additional 500 shares in the last quarter. Goldman Sachs Group Inc. boosted its stake in USA Compression Partners by 82.7% in the first quarter. Goldman Sachs Group Inc. now owns 2,863,377 shares of the oil and gas company’s stock worth $77,254,000 after buying an additional 1,296,339 shares in the last quarter. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its stake in shares of USA Compression Partners by 32.5% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 4,651,264 shares of the oil and gas company’s stock valued at $125,491,000 after purchasing an additional 1,141,556 shares during the period. Hedge funds and other institutional investors own 47.77% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms have recently weighed in on USAC. Mizuho increased their price objective on USA Compression Partners from $22.00 to $23.00 and gave the company a “neutral” rating in a research note on Friday, August 29th. JPMorgan Chase & Co. reissued an “underweight” rating and set a $25.00 price objective (up previously from $24.00) on shares of USA Compression Partners in a research note on Monday, June 23rd. Three equities research analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Reduce” and a consensus target price of $25.50.

USA Compression Partners Stock Down 1.2%

Shares of USAC stock opened at $23.59 on Friday. The stock has a fifty day moving average of $23.91 and a 200 day moving average of $24.62. USA Compression Partners, LP has a 52 week low of $21.24 and a 52 week high of $30.10. The firm has a market capitalization of $2.89 billion, a price-to-earnings ratio of 35.20 and a beta of 0.35.

USA Compression Partners (NYSE:USAC) last announced its quarterly earnings results on Wednesday, August 6th. The oil and gas company reported $0.22 EPS for the quarter, topping analysts’ consensus estimates of $0.21 by $0.01. USA Compression Partners had a negative return on equity of 71.82% and a net margin of 9.56%.The company had revenue of $250.13 million during the quarter, compared to analyst estimates of $246.99 million. Equities research analysts anticipate that USA Compression Partners, LP will post 1.05 earnings per share for the current year.

USA Compression Partners Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, August 8th. Investors of record on Monday, July 28th were paid a $0.525 dividend. The ex-dividend date of this dividend was Monday, July 28th. This represents a $2.10 dividend on an annualized basis and a yield of 8.9%. USA Compression Partners’s dividend payout ratio (DPR) is presently 313.43%.

USA Compression Partners 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.