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

Shares of USA Compression Partners, LP (NYSE:USAC) have earned a consensus recommendation of “Hold” from the six research firms that are covering the stock, Marketbeat.com reports. Five analysts have rated the stock with a hold recommendation and one has assigned a strong buy recommendation to the company. The average 12 month price objective among analysts that have issued ratings on the stock in the last year is $29.50.

Several research analysts recently commented on the company. Zacks Research raised USA Compression Partners from a “strong sell” rating to a “hold” rating in a research note on Monday, August 31st. Mizuho lifted their target price on shares of USA Compression Partners from $28.00 to $29.00 and gave the stock a “neutral” rating in a research note on Friday, June 12th. Royal Bank Of Canada upped their target price on shares of USA Compression Partners from $30.00 to $31.00 and gave the stock a “sector perform” rating in a report on Tuesday, September 1st. Finally, Wall Street Zen cut shares of USA Compression Partners from a “buy” rating to a “hold” rating in a research report on Saturday, September 26th.

USA Compression Partners Stock Performance

Shares of NYSE USAC opened at $24.88 on Thursday. The company’s fifty day moving average price is $26.41 and its 200 day moving average price is $27.07. USA Compression Partners has a 1 year low of $21.85 and a 1 year high of $30.55. The company has a market capitalization of $3.61 billion, a PE ratio of 23.47 and a beta of 0.23. The company has a debt-to-equity ratio of 10.25, a quick ratio of 0.68 and a current ratio of 1.35.

USA Compression Partners (NYSE:USAC) last issued its quarterly earnings results on Tuesday, August 4th. The oil and gas company reported $0.31 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.28 by $0.03. USA Compression Partners had a return on equity of 179.77% and a net margin of 12.43%.The company had revenue of $342.15 million for the quarter, compared to the consensus estimate of $340.49 million. On average, research analysts predict that USA Compression Partners will post 1.17 earnings per share for the current year.

USA Compression Partners Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, August 7th. Investors of record on Monday, July 27th were paid a dividend of $0.5250 per share. This represents a $2.10 annualized dividend and a yield of 8.4%. The ex-dividend date of this dividend was Monday, July 27th. USA Compression Partners’s dividend payout ratio is currently 198.11%.

Insider Buying and Selling

In other USA Compression Partners news, Director Bradford Whitehurst bought 6,000 shares of the firm’s stock in a transaction on Friday, August 21st. The shares were acquired at an average cost of $26.10 per share, with a total value of $156,600.00. Following the purchase, the director directly 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 acquisition was disclosed in a filing with the SEC, which is available through this hyperlink.

Institutional Investors Weigh In On USA Compression Partners

A number of large investors have recently made changes to their positions in the stock. Alps Advisors Inc. lifted its position in USA Compression Partners by 3.8% during the fourth quarter. Alps Advisors Inc. now owns 17,748,200 shares of the oil and gas company’s stock worth $408,209,000 after buying an additional 642,462 shares in the last quarter. Infrastructure Capital Advisors LLC grew its holdings in USA Compression Partners by 2.4% in the 1st quarter. Infrastructure Capital Advisors LLC now owns 314,657 shares of the oil and gas company’s stock valued at $8,533,000 after buying an additional 7,226 shares in the last quarter. ING Groep NV increased its stake in shares of USA Compression Partners by 45.5% in the 4th quarter. ING Groep NV now owns 312,600 shares of the oil and gas company’s stock worth $7,190,000 after acquiring an additional 97,700 shares during the last quarter. Corient Private Wealth LP increased its stake in shares of USA Compression Partners by 7.1% in the 2nd quarter. Corient Private Wealth LP now owns 226,316 shares of the oil and gas company’s stock worth $5,972,000 after acquiring an additional 14,931 shares during the last quarter. Finally, Rockefeller Capital Management L.P. raised its holdings in shares of USA Compression Partners by 0.5% during the 4th quarter. Rockefeller Capital Management L.P. now owns 234,728 shares of the oil and gas company’s stock worth $5,399,000 after acquiring an additional 1,073 shares during the period. 47.77% of the stock is currently owned by hedge funds and other institutional investors.

USA Compression Partners Company Profile

USA Compression Partners, LP (NYSE: USAC) is a master limited partnership that provides natural gas compression services to infrastructure operators and producers in the United States. The company owns and operates a fleet of natural gas compression units and supplies compression under long-term and short-term contracts.

Its equipment and services support several stages of the natural gas value chain, including gathering, processing, transmission, storage and production. Compression helps maintain the pressure needed to move natural gas through pipelines and other infrastructure, making the company a service provider to midstream and upstream energy businesses.

USA Compression Partners serves customers across major U.S.