USA Compression Partners (NYSE:USAC) Rating Increased to Buy at Wall Street Zen

Wall Street Zen upgraded shares of USA Compression Partners (NYSE:USAC) from a hold rating to a buy rating in a research report released on Saturday morning.

USAC has been the topic of several other research reports. Mizuho raised their price target on shares of USA Compression Partners from $28.00 to $29.00 and gave the company a “neutral” rating in a research note on Friday, June 12th. Citigroup increased 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. Zacks Research downgraded USA Compression Partners from a “hold” rating to a “strong sell” rating in a research note on Monday, July 6th. Finally, Royal Bank Of Canada boosted their price target on USA Compression Partners from $29.00 to $30.00 and gave the stock a “sector perform” rating in a research report on Friday, June 5th. One analyst has rated the stock with a Strong Buy rating, four have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $29.25.

USA Compression Partners Price Performance

Shares of NYSE USAC opened at $26.89 on Friday. The company has a debt-to-equity ratio of 10.25, a current ratio of 1.35 and a quick ratio of 0.68. The firm has a market capitalization of $3.90 billion, a PE ratio of 25.37 and a beta of 0.22. USA Compression Partners has a 1-year low of $21.85 and a 1-year high of $30.55. The business’s fifty day moving average price is $26.35 and its two-hundred day moving average price is $27.16.

USA Compression Partners (NYSE:USAC) last announced its quarterly earnings results on Tuesday, August 4th. The oil and gas company reported $0.31 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.28 by $0.03. The company had revenue of $342.15 million during the quarter, compared to the consensus estimate of $340.49 million. USA Compression Partners had a net margin of 12.43% and a return on equity of 179.77%. On average, research analysts expect that USA Compression Partners will post 0.98 EPS for the current year.

USA Compression Partners Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, August 7th. Investors of record on Monday, July 27th were issued a dividend of $0.525 per share. The ex-dividend date of this dividend was Monday, July 27th. This represents a $2.10 annualized dividend and a yield of 7.8%. USA Compression Partners’s payout ratio is presently 198.11%.

Insider Buying and Selling

In other news, Director Bradford D. Whitehurst bought 6,000 shares of the business’s stock in a transaction on Friday, August 21st. The stock was purchased at an average cost of $26.10 per share, for a total transaction of $156,600.00. Following the completion of the transaction, the director directly owned 43,616 shares of the company’s stock, valued at approximately $1,138,377.60. This trade represents a 15.95% increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink.

Institutional Trading of USA Compression Partners

A number of hedge funds and other institutional investors have recently modified their holdings of USAC. Alps Advisors Inc. boosted its position in shares of USA Compression Partners by 3.8% during the 4th quarter. Alps Advisors Inc. now owns 17,748,200 shares of the oil and gas company’s stock valued at $408,209,000 after purchasing an additional 642,462 shares in the last quarter. Royal Bank of Canada raised its holdings in shares of USA Compression Partners by 38.5% in the 1st quarter. Royal Bank of Canada now owns 176,124 shares of the oil and gas company’s stock worth $4,776,000 after purchasing an additional 48,978 shares in the last quarter. ING Groep NV lifted its stake in USA Compression Partners by 45.5% during the fourth quarter. ING Groep NV now owns 312,600 shares of the oil and gas company’s stock valued at $7,190,000 after purchasing an additional 97,700 shares during the last quarter. TSA Wealth Managment LLC acquired a new stake in USA Compression Partners during the first quarter valued at approximately $236,000. Finally, Kestra Private Wealth Services LLC boosted its holdings in USA Compression Partners by 5.2% during the first quarter. Kestra Private Wealth Services LLC now owns 30,388 shares of the oil and gas company’s stock worth $824,000 after buying an additional 1,503 shares in the last quarter. Institutional investors own 47.77% of the company’s stock.

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.