USA Compression Partners (NYSE:USAC) Downgraded by StockNews.com to “Hold”

USA Compression Partners (NYSE:USAC – Get Rating) was downgraded by research analysts at StockNews.com from a “buy” rating to a “hold” rating in a report released on Thursday.

Several other equities research analysts also recently issued reports on USAC. Mizuho raised their target price on shares of USA Compression Partners from $19.00 to $22.00 and gave the company a “neutral” rating in a research note on Wednesday, February 15th. Royal Bank of Canada raised their price objective on shares of USA Compression Partners from $19.00 to $23.00 and gave the stock a “sector perform” rating in a research report on Wednesday, February 15th. JPMorgan Chase & Co. raised their price objective on shares of USA Compression Partners from $17.00 to $20.00 and gave the stock an “underweight” rating in a research report on Tuesday, March 7th. 51job restated a “maintains” rating on shares of USA Compression Partners in a research report on Wednesday, May 3rd. Finally, Stifel Nicolaus raised their price objective on shares of USA Compression Partners from $18.00 to $21.00 in a research report on Wednesday, February 15th. One investment analyst has rated the stock with a sell rating and three have issued a hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $21.50.

USA Compression Partners Price Performance

USA Compression Partners stock opened at $19.45 on Thursday. The firm has a 50-day moving average of $20.73 and a 200-day moving average of $19.91. USA Compression Partners has a one year low of $14.90 and a one year high of $21.95. The company has a market cap of $1.91 billion, a price-to-earnings ratio of -176.82 and a beta of 1.53.

USA Compression Partners (NYSE:USAC – Get Rating) last posted its quarterly earnings data on Tuesday, February 14th. The oil and gas company reported ($0.04) EPS for the quarter, missing analysts’ consensus estimates of $0.06 by ($0.10). USA Compression Partners had a negative return on equity of 42.01% and a net margin of 5.15%. The business had revenue of $190.11 million for the quarter, compared to analyst estimates of $180.14 million. As a group, sell-side analysts expect that USA Compression Partners will post 0.24 earnings per share for the current year.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in the business. HighTower Advisors LLC increased its stake in USA Compression Partners by 38.8% in the first quarter. HighTower Advisors LLC now owns 18,250 shares of the oil and gas company’s stock valued at $321,000 after acquiring an additional 5,102 shares during the last quarter. Oxford Financial Group Ltd. bought a new position in USA Compression Partners in the first quarter valued at approximately $264,000. SVB Wealth LLC bought a new position in USA Compression Partners in the first quarter valued at approximately $225,000. Invesco Ltd. increased its stake in USA Compression Partners by 0.3% in the first quarter. Invesco Ltd. now owns 17,488,613 shares of the oil and gas company’s stock valued at $307,975,000 after acquiring an additional 50,981 shares during the last quarter. Finally, Atria Wealth Solutions Inc. acquired a new stake in USA Compression Partners in the first quarter valued at approximately $228,000. 23.02% of the stock is owned by institutional investors.

USA Compression Partners Company Profile

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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.