USA Compression Partners (NYSE:USAC) Director Acquires $156,600.00 in Stock

USA Compression Partners, LP (NYSE:USAC) Director Bradford Whitehurst acquired 6,000 shares of the company’s stock in a transaction on Friday, August 21st. The stock was acquired at an average cost of $26.10 per share, for a total transaction of $156,600.00. Following the completion of the acquisition, the director owned 43,616 shares of the company’s stock, valued at $1,138,377.60. This trade represents a 15.95% increase in their position. The purchase was disclosed in a legal filing with the SEC, which is available at this hyperlink.

USA Compression Partners Price Performance

Shares of USA Compression Partners stock traded down $0.12 on Monday, reaching $26.43. The company’s stock had a trading volume of 279,012 shares, compared to its average volume of 231,195. The company has a quick ratio of 0.68, a current ratio of 1.35 and a debt-to-equity ratio of 10.25. The company has a market capitalization of $3.83 billion, a P/E ratio of 24.93 and a beta of 0.22. The stock has a 50-day moving average price of $26.22 and a 200-day moving average price of $27.14. USA Compression Partners, LP has a 52-week low of $21.85 and a 52-week high of $30.55.

USA Compression Partners (NYSE:USAC) last announced its earnings results on Tuesday, August 4th. The oil and gas company reported $0.31 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.28 by $0.03. The firm had revenue of $342.15 million for the quarter, compared to analyst estimates of $340.49 million. USA Compression Partners had a return on equity of 179.77% and a net margin of 12.43%. Analysts expect that USA Compression Partners, LP will post 1 EPS for the current year.

USA Compression Partners Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, August 7th. Stockholders of record on Monday, July 27th were given a $0.525 dividend. The ex-dividend date was Monday, July 27th. This represents a $2.10 annualized dividend and a dividend yield of 7.9%. USA Compression Partners’s dividend payout ratio (DPR) is 198.11%.

Institutional Investors Weigh In On USA Compression Partners

A number of hedge funds have recently modified their holdings of USAC. Goldman Sachs Group Inc. boosted its position in USA Compression Partners by 82.7% during 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 acquiring an additional 1,296,339 shares during the last quarter. Raymond James Financial Inc. lifted its position in USA Compression Partners by 1.5% during the second quarter. Raymond James Financial Inc. now owns 548,743 shares of the oil and gas company’s stock worth $13,340,000 after buying an additional 8,169 shares in the last quarter. HRT Financial LP acquired a new position in USA Compression Partners during the second quarter worth $1,555,000. Corient Private Wealth LLC boosted its stake in USA Compression Partners by 131.7% during the second quarter. Corient Private Wealth LLC now owns 412,900 shares of the oil and gas company’s stock worth $10,038,000 after buying an additional 234,730 shares during the last quarter. Finally, BNP Paribas Financial Markets increased its stake in shares of USA Compression Partners by 233.3% in the 3rd quarter. BNP Paribas Financial Markets now owns 1,443 shares of the oil and gas company’s stock worth $35,000 after acquiring an additional 1,010 shares during the last quarter. 47.77% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several research analysts recently weighed in on USAC shares. Zacks Research downgraded shares of USA Compression Partners from a “hold” rating to a “strong sell” rating in a research report on Monday, July 6th. Citigroup lifted their price objective on USA Compression Partners from $26.00 to $28.00 and gave the stock a “neutral” rating in a report on Wednesday, May 13th. Mizuho boosted their price objective on USA Compression Partners from $28.00 to $29.00 and gave the stock a “neutral” rating in a research note on Friday, June 12th. Finally, Royal Bank Of Canada raised their target price on USA Compression Partners from $29.00 to $30.00 and gave the company a “sector perform” rating in a research report on Friday, June 5th. One investment analyst has rated the stock with a Strong Buy rating, four have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of $29.25.

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.