USA Compression Partners (NYSE:USAC) Stock Price Passes Below 200 Day Moving Average of $24.13

Shares of USA Compression Partners LP (NYSE:USAC) crossed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $24.13 and traded as low as $22.72. USA Compression Partners shares last traded at $23.12, with a volume of 113,077 shares changing hands.

Analysts Set New Price Targets

Several analysts have commented on the stock. StockNews.com lowered shares of USA Compression Partners from a “buy” rating to a “hold” rating in a research report on Thursday, July 11th. Royal Bank of Canada reissued a “sector perform” rating and set a $26.00 price target on shares of USA Compression Partners in a research report on Thursday, September 12th. Finally, Mizuho raised shares of USA Compression Partners from an “underperform” rating to a “neutral” rating and increased their price target for the company from $23.00 to $26.00 in a research report on Thursday, May 30th. Four investment analysts have rated the stock with a hold rating and one has issued a buy rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $26.50.

USA Compression Partners Trading Up 1.4 %

The stock has a market capitalization of $2.38 billion, a PE ratio of 56.39 and a beta of 1.32. The company’s 50-day moving average is $22.50 and its 200 day moving average is $24.13.

USA Compression Partners (NYSE:USAC) last announced its quarterly earnings data on Tuesday, August 6th. The oil and gas company reported $0.21 EPS for the quarter, beating the consensus estimate of $0.17 by $0.04. The firm had revenue of $235.31 million during the quarter, compared to analyst estimates of $232.86 million. USA Compression Partners had a net margin of 9.77% and a negative return on equity of 40.62%. Sell-side analysts forecast that USA Compression Partners LP will post 0.82 EPS for the current fiscal year.

USA Compression Partners Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, August 2nd. Stockholders of record on Monday, July 22nd were paid a dividend of $0.525 per share. The ex-dividend date of this dividend was Monday, July 22nd. This represents a $2.10 dividend on an annualized basis and a dividend yield of 9.08%. USA Compression Partners’s payout ratio is 512.20%.

Insider Transactions at USA Compression Partners

In other USA Compression Partners news, insider Eric D. Long sold 1,786 shares of the firm’s stock in a transaction on Monday, August 26th. The stock was sold at an average price of $22.81, for a total value of $40,738.66. Following the transaction, the insider now owns 307,026 shares in the company, valued at approximately $7,003,263.06. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. In related news, insider Eric D. Long sold 21,396 shares of the business’s stock in a transaction dated Friday, August 23rd. The shares were sold at an average price of $22.27, for a total value of $476,488.92. Following the sale, the insider now directly owns 1,786 shares in the company, valued at approximately $39,774.22. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, insider Eric D. Long sold 1,786 shares of the business’s stock in a transaction dated Monday, August 26th. The shares were sold at an average price of $22.81, for a total transaction of $40,738.66. Following the completion of the sale, the insider now owns 307,026 shares in the company, valued at $7,003,263.06. The disclosure for this sale can be found here.

Hedge Funds Weigh In On USA Compression Partners

Several institutional investors have recently bought and sold shares of the company. Susquehanna Fundamental Investments LLC purchased a new stake in USA Compression Partners during the first quarter worth approximately $1,107,000. Lincoln National Corp purchased a new stake in USA Compression Partners in the first quarter valued at approximately $2,814,000. Jennison Associates LLC purchased a new stake in USA Compression Partners in the first quarter valued at approximately $4,775,000. UBS Group AG lifted its stake in USA Compression Partners by 107.1% in the fourth quarter. UBS Group AG now owns 542,425 shares of the oil and gas company’s stock valued at $12,384,000 after buying an additional 280,491 shares during the last quarter. Finally, Raymond James Financial Services Advisors Inc. lifted its stake in USA Compression Partners by 12.7% in the second quarter. Raymond James Financial Services Advisors Inc. now owns 533,424 shares of the oil and gas company’s stock valued at $12,658,000 after buying an additional 60,010 shares during the last quarter. 47.77% of the stock is owned by institutional investors and hedge funds.

USA Compression Partners Company Profile

USA Compression Partners, LP provides compression services under term contracts with customers in the natural gas and crude oil industries in the United States. The company engineers, designs, operates, services, and repairs its compression units; and maintains related support inventory and equipment.