Wall Street Zen upgraded shares of USA Compression Partners (NYSE:USAC – Free Report) from a hold rating to a buy rating in a research report report published on Saturday.
Other equities analysts have also recently issued research reports about the stock. Citigroup reissued a “neutral” rating on shares of USA Compression Partners in a research note on Tuesday, December 2nd. Zacks Research lowered shares of USA Compression Partners from a “strong-buy” rating to a “hold” rating in a research note on Thursday, January 1st. Finally, Mizuho boosted their target price on USA Compression Partners from $23.00 to $25.00 and gave the stock a “neutral” rating in a report on Monday, January 12th. Three analysts have rated the stock with a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Reduce” and a consensus price target of $25.67.
Check Out Our Latest Analysis on USAC
USA Compression Partners Trading Up 0.8%
USA Compression Partners (NYSE:USAC – Get Free Report) last issued its quarterly earnings data on Wednesday, November 5th. The oil and gas company reported $0.26 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.22 by $0.04. USA Compression Partners had a negative return on equity of 76.84% and a net margin of 10.99%.The business had revenue of $250.26 million during the quarter, compared to analyst estimates of $250.23 million. As a group, analysts forecast that USA Compression Partners will post 1.05 EPS for the current year.
USA Compression Partners Dividend Announcement
The firm also recently announced a quarterly dividend, which was paid on Friday, February 6th. Investors of record on Monday, January 26th were paid a dividend of $0.525 per share. The ex-dividend date of this dividend was Monday, January 26th. This represents a $2.10 annualized dividend and a yield of 8.0%. USA Compression Partners’s dividend payout ratio is currently 262.50%.
Institutional Inflows and Outflows
Several hedge funds have recently added to or reduced their stakes in USAC. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its position in shares of USA Compression Partners by 14.1% in the 2nd quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 5,305,265 shares of the oil and gas company’s stock valued at $128,971,000 after purchasing an additional 654,001 shares during the period. Corient Private Wealth LLC raised its holdings in USA Compression Partners by 15.9% during the 2nd quarter. Corient Private Wealth LLC now owns 206,450 shares of the oil and gas company’s stock worth $5,019,000 after buying an additional 28,280 shares during the period. JPMorgan Chase & Co. lifted its stake in USA Compression Partners by 274.5% during the second quarter. JPMorgan Chase & Co. now owns 5,351,079 shares of the oil and gas company’s stock valued at $130,085,000 after buying an additional 3,922,383 shares in the last quarter. Alps Advisors Inc. lifted its stake in USA Compression Partners by 9.6% during the third quarter. Alps Advisors Inc. now owns 17,105,738 shares of the oil and gas company’s stock valued at $410,538,000 after buying an additional 1,500,640 shares in the last quarter. Finally, Global Retirement Partners LLC acquired a new position in shares of USA Compression Partners in the second quarter worth about $255,000. Institutional investors and hedge funds own 47.77% of the company’s stock.
About USA Compression Partners
USA Compression Partners (NYSE: USAC) is a Houston-based master limited partnership specializing in natural gas compression services for oil and gas producers. The company offers a full suite of midstream compression solutions designed to enhance production flow and optimize field operations. Its core activities include the design, engineering, fabrication, installation, operation and maintenance of natural gas compression equipment onshore across key U.S. basins.
USA Compression’s product and service offerings encompass new equipment deployment, aftermarket parts and component sales, field service support, and instrumentation and control systems.
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