Sanctuary Advisors LLC Has $215,000 Holdings in USA Compression Partners LP (NYSE:USAC)

Sanctuary Advisors LLC grew its holdings in shares of USA Compression Partners LP (NYSE:USAC) by 9.2% during the third quarter, Holdings Channel.com reports. The institutional investor owned 9,052 shares of the oil and gas company’s stock after purchasing an additional 766 shares during the quarter. Sanctuary Advisors LLC’s holdings in USA Compression Partners were worth $215,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Allworth Financial LP lifted its position in USA Compression Partners by 3,054.8% in the 3rd quarter. Allworth Financial LP now owns 1,325 shares of the oil and gas company’s stock valued at $30,000 after acquiring an additional 1,283 shares in the last quarter. Sunbelt Securities Inc. lifted its position in shares of USA Compression Partners by 12.2% during the 2nd quarter. Sunbelt Securities Inc. now owns 4,445 shares of the oil and gas company’s stock worth $105,000 after buying an additional 485 shares in the last quarter. Stifel Financial Corp bought a new position in shares of USA Compression Partners in the third quarter valued at approximately $210,000. Seelaus Asset Management LLC boosted its stake in USA Compression Partners by 4.6% in the third quarter. Seelaus Asset Management LLC now owns 11,278 shares of the oil and gas company’s stock valued at $258,000 after acquiring an additional 500 shares during the last quarter. Finally, D.A. Davidson & CO. purchased a new stake in USA Compression Partners in the third quarter worth $279,000. 47.77% of the stock is owned by institutional investors.

USA Compression Partners Price Performance

Shares of USAC stock opened at $22.67 on Monday. The business has a 50-day moving average of $22.85 and a 200 day moving average of $22.89. The stock has a market capitalization of $2.65 billion, a PE ratio of 39.77 and a beta of 1.34. USA Compression Partners LP has a 1-year low of $21.06 and a 1-year high of $28.47.

USA Compression Partners (NYSE:USAC) last posted its earnings results on Tuesday, November 5th. The oil and gas company reported $0.13 earnings per share for the quarter, missing analysts’ consensus estimates of $0.20 by ($0.07). The firm had revenue of $239.97 million for the quarter, compared to analysts’ expectations of $238.37 million. USA Compression Partners had a negative return on equity of 47.53% and a net margin of 9.36%. During the same quarter in the prior year, the company posted $0.09 earnings per share. Analysts anticipate that USA Compression Partners LP will post 0.8 EPS for the current year.

USA Compression Partners Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, November 1st. Stockholders of record on Monday, October 21st were paid a dividend of $0.525 per share. This represents a $2.10 dividend on an annualized basis and a dividend yield of 9.26%. The ex-dividend date was Monday, October 21st. USA Compression Partners’s payout ratio is 368.42%.

Analyst Ratings Changes

A number of analysts recently issued reports on USAC shares. Mizuho decreased their price objective on USA Compression Partners from $25.00 to $24.00 and set a “neutral” rating on the stock in a research note on Wednesday, October 2nd. Royal Bank of Canada reaffirmed a “sector perform” rating and issued a $27.00 price target on shares of USA Compression Partners in a report on Friday, November 22nd. Finally, Citigroup initiated coverage on shares of USA Compression Partners in a report on Friday, September 27th. They issued a “neutral” rating and a $23.00 price target on the stock. Four analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $26.00.

About USA Compression Partners

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.