USA Compression Partners, LP (NYSE:USAC) Stock Now Rated “Hold” by Wall Street Brokerages

USA Compression Partners, LP (NYSE:USAC) has been given a consensus recommendation of “Hold” by the six analysts that are presently covering the firm, Marketbeat 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 brokerages that have covered the stock in the last year is $29.50.

USAC has been the subject of a number of research analyst reports. Royal Bank Of Canada boosted 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 research report on Tuesday, September 1st. Wall Street Zen downgraded USA Compression Partners from a “buy” rating to a “hold” rating in a research report on Saturday, September 26th. Finally, Zacks Research upgraded USA Compression Partners from a “strong sell” rating to a “hold” rating in a research note on Monday, August 31st.

Insider Buying and Selling at USA Compression Partners

In related news, Director Bradford Whitehurst acquired 6,000 shares of the stock in a transaction dated Friday, August 21st. The shares were acquired at an average price of $26.10 per share, for a total transaction of $156,600.00. Following the completion of the purchase, the director owned 43,616 shares in the company, valued at approximately $1,138,377.60. The trade was a 15.95% increase in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in USAC. Infrastructure Capital Advisors LLC lifted its stake in shares of USA Compression Partners by 2.4% in the first 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 during the period. Corient Private Wealth LP increased its stake in USA Compression Partners by 7.1% during the second quarter. Corient Private Wealth LP now owns 226,316 shares of the oil and gas company’s stock valued at $5,972,000 after acquiring an additional 14,931 shares during the period. Royal Bank of Canada increased its stake in USA Compression Partners by 38.5% during the first quarter. Royal Bank of Canada now owns 176,124 shares of the oil and gas company’s stock valued at $4,776,000 after acquiring an additional 48,978 shares during the period. Chickasaw Capital Management LLC increased its stake in USA Compression Partners by 6.2% during the third quarter. Chickasaw Capital Management LLC now owns 172,000 shares of the oil and gas company’s stock valued at $4,278,000 after acquiring an additional 10,000 shares during the period. Finally, Mallini Complete Financial Planning LLC raised its holdings in USA Compression Partners by 1.1% in the 2nd quarter. Mallini Complete Financial Planning LLC now owns 95,530 shares of the oil and gas company’s stock valued at $2,521,000 after acquiring an additional 1,041 shares in the last quarter. Institutional investors own 47.77% of the company’s stock.

USA Compression Partners Price Performance

NYSE USAC opened at $25.49 on Monday. USA Compression Partners has a fifty-two week low of $21.85 and a fifty-two week high of $30.55. The stock’s 50-day moving average is $26.00 and its two-hundred day moving average is $26.74. The firm has a market cap of $3.69 billion, a P/E ratio of 24.05 and a beta of 0.28. The company has a debt-to-equity ratio of 10.25, a current ratio of 1.35 and a quick ratio of 0.68.

USA Compression Partners (NYSE:USAC) last issued its quarterly earnings data on Tuesday, August 4th. The oil and gas company reported $0.31 earnings per share for the quarter, beating 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 business had revenue of $342.15 million for the quarter, compared to the consensus estimate of $340.49 million. On average, analysts anticipate that USA Compression Partners will post 1.16 earnings per share for the current fiscal year.

USA Compression Partners Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, November 6th. Stockholders of record on Monday, October 26th will be issued a dividend of $0.5250 per share. The ex-dividend date is Monday, October 26th. This represents a $2.10 dividend on an annualized basis and a dividend yield of 8.2%. USA Compression Partners’s payout ratio is 198.11%.

USA Compression Partners Company Profile

USA Compression Partners LP (NYSE: USAC) is a master limited partnership that provides natural gas compression services in the United States. The company owns and operates a fleet of natural gas compression equipment and supplies compression to producers, processors, gatherers and pipeline operators under primarily fee-based contracts.

Its services support several stages of the natural gas value chain, including the gathering and processing of natural gas, transportation through interstate and intrastate pipelines, and natural gas storage.