USA Compression Partners LP (NYSE:USAC) Receives Average Recommendation of “Hold” from Analysts

USA Compression Partners LP (NYSE:USAC) has received a consensus rating of “Hold” from the five analysts that are presently covering the stock, Marketbeat reports. One equities research analyst has rated the stock with a sell recommendation, three have assigned a hold recommendation and one has issued a buy recommendation on the company. The average 1 year price objective among brokers that have issued a report on the stock in the last year is $26.80.

A number of brokerages recently issued reports on USAC. Citigroup raised their price objective on USA Compression Partners from $24.00 to $27.00 and gave the stock a “neutral” rating in a research report on Tuesday, February 25th. Royal Bank of Canada reaffirmed a “sector perform” rating and issued a $27.00 target price on shares of USA Compression Partners in a research report on Friday, November 22nd. Mizuho lifted their target price on USA Compression Partners from $24.00 to $26.00 and gave the company a “neutral” rating in a research report on Monday, February 3rd. Finally, JPMorgan Chase & Co. lifted their target price on USA Compression Partners from $23.00 to $24.00 and gave the company an “underweight” rating in a research report on Tuesday, March 11th.

USA Compression Partners Stock Up 3.5 %

NYSE USAC opened at $26.33 on Tuesday. USA Compression Partners has a 52 week low of $21.06 and a 52 week high of $30.10. The business’s fifty day simple moving average is $26.38 and its 200-day simple moving average is $24.05. The firm has a market cap of $3.09 billion, a PE ratio of 36.06 and a beta of 1.31.

USA Compression Partners (NYSE:USAC) last issued its quarterly earnings data on Tuesday, February 11th. The oil and gas company reported $0.18 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.24 by ($0.06). USA Compression Partners had a negative return on equity of 62.46% and a net margin of 10.48%. Research analysts expect that USA Compression Partners will post 1.05 EPS for the current year.

USA Compression Partners Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, February 7th. Investors of record on Monday, January 27th were paid a dividend of $0.525 per share. The ex-dividend date was Monday, January 27th. This represents a $2.10 dividend on an annualized basis and a dividend yield of 7.98%. USA Compression Partners’s payout ratio is 287.67%.

Institutional Trading of USA Compression Partners

A number of large investors have recently made changes to their positions in USAC. Brown Brothers Harriman & Co. acquired a new position in USA Compression Partners in the fourth quarter valued at approximately $95,000. Sunbelt Securities Inc. boosted its holdings in USA Compression Partners by 16.4% in the third quarter. Sunbelt Securities Inc. now owns 5,175 shares of the oil and gas company’s stock valued at $119,000 after purchasing an additional 730 shares in the last quarter. Broadway Wealth Solutions Inc. acquired a new position in USA Compression Partners in the fourth quarter valued at approximately $201,000. TSA Wealth Managment LLC acquired a new position in USA Compression Partners in the fourth quarter valued at approximately $205,000. Finally, SVB Wealth LLC acquired a new position in USA Compression Partners in the fourth quarter valued at approximately $207,000. 47.77% of the stock is currently owned by hedge funds and other institutional investors.

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.