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

Shares of USA Compression Partners LP (NYSE:USAC) have been given an average rating of “Hold” by the four brokerages that are currently covering the firm, MarketBeat Ratings reports. One research analyst has rated the stock with a sell rating, two have given a hold rating and one has issued a buy rating on the company. The average 1-year target price among brokerages that have covered the stock in the last year is $24.75.

Several equities analysts have commented on the company. StockNews.com downgraded USA Compression Partners from a “buy” rating to a “hold” rating in a report on Thursday, January 11th. Raymond James increased their price target on USA Compression Partners from $28.00 to $30.00 and gave the company an “outperform” rating in a report on Tuesday, April 16th. Finally, Mizuho increased their price target on USA Compression Partners from $22.00 to $23.00 and gave the company an “underperform” rating in a report on Wednesday, February 14th.

USA Compression Partners Stock Performance

NYSE:USAC opened at $24.94 on Wednesday. The stock’s 50 day moving average price is $26.01 and its 200 day moving average price is $25.22. USA Compression Partners has a 52 week low of $18.48 and a 52 week high of $28.47. The company has a market capitalization of $2.57 billion, a P/E ratio of 118.77 and a beta of 1.30.

USA Compression Partners (NYSE:USAC) last released its quarterly earnings data on Tuesday, February 13th. The oil and gas company reported $0.10 EPS for the quarter, missing analysts’ consensus estimates of $0.12 by ($0.02). USA Compression Partners had a negative return on equity of 31.81% and a net margin of 8.07%. The firm had revenue of $225.05 million during the quarter, compared to analyst estimates of $221.50 million. During the same quarter in the prior year, the company posted ($0.04) EPS. As a group, sell-side analysts forecast that USA Compression Partners will post 0.59 earnings per share for the current fiscal year.

USA Compression Partners Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, May 3rd. Investors of record on Monday, April 22nd will be given a $0.525 dividend. The ex-dividend date is Friday, April 19th. This represents a $2.10 annualized dividend and a yield of 8.42%. USA Compression Partners’s dividend payout ratio (DPR) is currently 1,000.05%.

Insider Buying and Selling

In other USA Compression Partners news, insider Eric D. Long sold 9,329 shares of USA Compression Partners stock in a transaction on Friday, February 23rd. The stock was sold at an average price of $24.50, for a total transaction of $228,560.50. Following the completion of the transaction, the insider now directly owns 356,071 shares of the company’s stock, valued at $8,723,739.50. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. In other news, insider Eric D. Long sold 34,866 shares of the firm’s stock in a transaction on Friday, February 16th. The stock was sold at an average price of $24.54, for a total value of $855,611.64. Following the completion of the sale, the insider now directly owns 469,019 shares in the company, valued at $11,509,726.26. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, insider Eric D. Long sold 9,329 shares of the firm’s stock in a transaction on Friday, February 23rd. The shares were sold at an average price of $24.50, for a total value of $228,560.50. Following the completion of the sale, the insider now owns 356,071 shares of the company’s stock, valued at $8,723,739.50. The disclosure for this sale can be found here. Insiders sold a total of 6,073,877 shares of company stock valued at $152,474,943 over the last ninety days.

Institutional Trading of USA Compression Partners

A number of hedge funds and other institutional investors have recently made changes to their positions in USAC. AE Wealth Management LLC increased its position in USA Compression Partners by 23.6% in the third quarter. AE Wealth Management LLC now owns 42,132 shares of the oil and gas company’s stock worth $1,005,000 after purchasing an additional 8,047 shares during the period. Exchange Traded Concepts LLC lifted its stake in USA Compression Partners by 43.6% in the 3rd quarter. Exchange Traded Concepts LLC now owns 69,073 shares of the oil and gas company’s stock valued at $1,648,000 after acquiring an additional 20,978 shares in the last quarter. Spirit of America Management Corp NY lifted its stake in USA Compression Partners by 0.6% in the 3rd quarter. Spirit of America Management Corp NY now owns 158,784 shares of the oil and gas company’s stock valued at $3,789,000 after acquiring an additional 1,000 shares in the last quarter. Commonwealth Equity Services LLC bought a new stake in USA Compression Partners in the 3rd quarter valued at approximately $219,000. Finally, SVB Wealth LLC lifted its stake in USA Compression Partners by 8.1% in the 3rd quarter. SVB Wealth LLC now owns 14,529 shares of the oil and gas company’s stock valued at $347,000 after acquiring an additional 1,091 shares in the last quarter. 47.77% of the stock is currently owned by institutional investors and hedge funds.

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.