GSA Capital Partners LLP Decreases Stock Holdings in USA Compression Partners, LP $USAC

GSA Capital Partners LLP cut its stake in USA Compression Partners, LP (NYSE:USAC) by 70.3% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 10,980 shares of the oil and gas company’s stock after selling 26,026 shares during the quarter. GSA Capital Partners LLP’s holdings in USA Compression Partners were worth $264,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. JPMorgan Chase & Co. grew its position in USA Compression Partners by 274.5% in the 2nd quarter. JPMorgan Chase & Co. now owns 5,351,079 shares of the oil and gas company’s stock worth $130,085,000 after purchasing an additional 3,922,383 shares during the period. Alps Advisors Inc. grew its holdings in shares of USA Compression Partners by 9.6% in the third quarter. Alps Advisors Inc. now owns 17,105,738 shares of the oil and gas company’s stock worth $410,538,000 after acquiring an additional 1,500,640 shares during the period. Goldman Sachs Group Inc. grew its holdings in shares of 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 acquiring an additional 1,296,339 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in USA Compression Partners by 14.1% during the second 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 acquiring an additional 654,001 shares during the last quarter. Finally, Corient Private Wealth LLC lifted its holdings in USA Compression Partners by 131.7% in the second quarter. Corient Private Wealth LLC now owns 412,900 shares of the oil and gas company’s stock valued at $10,038,000 after acquiring an additional 234,730 shares during the period. Institutional investors own 47.77% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms have issued reports on USAC. Citigroup restated a “neutral” rating on shares of USA Compression Partners in a research note on Tuesday, December 2nd. Stifel Nicolaus boosted their target price on shares of USA Compression Partners from $27.00 to $30.00 and gave the company a “hold” rating in a research report on Wednesday, February 18th. Zacks Research raised shares of USA Compression Partners from a “hold” rating to a “strong-buy” rating in a report on Friday, February 20th. Mizuho lifted their price target on shares of USA Compression Partners from $23.00 to $25.00 and gave the stock a “neutral” rating in a research note on Monday, January 12th. Finally, Wall Street Zen downgraded shares of USA Compression Partners from a “buy” rating to a “hold” rating in a research report on Saturday, February 21st. One investment analyst has rated the stock with a Strong Buy rating, three have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, USA Compression Partners currently has a consensus rating of “Hold” and an average price target of $26.67.

USA Compression Partners Trading Down 1.3%

NYSE USAC opened at $27.25 on Friday. USA Compression Partners, LP has a 12 month low of $21.59 and a 12 month high of $28.09. The stock has a market cap of $3.95 billion, a price-to-earnings ratio of 32.43 and a beta of 0.23. The company’s 50 day moving average is $25.27 and its two-hundred day moving average is $24.25.

USA Compression Partners (NYSE:USAC) last announced its quarterly earnings data on Tuesday, February 17th. The oil and gas company reported $0.28 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.28. USA Compression Partners had a net margin of 11.15% and a negative return on equity of 87.34%. The firm had revenue of $252.48 million during the quarter, compared to analysts’ expectations of $253.43 million. Sell-side analysts forecast that USA Compression Partners, LP will post 1.05 EPS for the current year.

USA Compression Partners Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, February 6th. Shareholders of record on Monday, January 26th were issued a dividend of $0.525 per share. The ex-dividend date of this dividend was Monday, January 26th. This represents a $2.10 dividend on an annualized basis and a yield of 7.7%. USA Compression Partners’s dividend payout ratio (DPR) is currently 250.00%.

USA Compression Partners Company Profile

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.