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

Shares of USA Compression Partners LP (NYSE:USAC) have been given an average recommendation of “Hold” by the four research firms that are presently covering the company, Marketbeat reports. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and one has issued a buy rating on the company. The average 12-month target price among analysts that have covered the stock in the last year is $24.75.

A number of brokerages recently issued reports on USAC. Raymond James boosted 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. StockNews.com lowered USA Compression Partners from a “buy” rating to a “hold” rating in a report on Thursday, January 11th. Finally, Mizuho upped their price target on USA Compression Partners from $22.00 to $23.00 and gave the stock an “underperform” rating in a research report on Wednesday, February 14th.

Insider Buying and Selling at USA Compression Partners

In other news, major shareholder Veteran Equity Aggregator Eig sold 5,889,297 shares of the firm’s stock in a transaction that occurred on Thursday, April 4th. The shares were sold at an average price of $25.12, for a total transaction of $147,939,140.64. Following the completion of the sale, the insider now owns 5,882,528 shares in the company, valued at approximately $147,769,103.36. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. In other news, insider Eric D. Long sold 96,660 shares of USA Compression Partners stock in a transaction on Wednesday, February 21st. The shares were sold at an average price of $24.59, for a total transaction of $2,376,869.40. Following the completion of the sale, the insider now directly owns 372,359 shares of the company’s stock, valued at approximately $9,156,307.81. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, major shareholder Veteran Equity Aggregator Eig sold 5,889,297 shares of USA Compression Partners stock in a transaction on Thursday, April 4th. The stock was sold at an average price of $25.12, for a total transaction of $147,939,140.64. Following the sale, the insider now directly owns 5,882,528 shares of the company’s stock, valued at $147,769,103.36. The disclosure for this sale can be found here. In the last quarter, insiders sold 6,073,877 shares of company stock worth $152,474,943.

Institutional Investors Weigh In On USA Compression Partners

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Creekmur Asset Management LLC acquired a new position in shares of USA Compression Partners during the fourth quarter worth about $46,000. JNBA Financial Advisors purchased a new stake in shares of USA Compression Partners in the fourth quarter valued at about $46,000. Tower Research Capital LLC TRC lifted its holdings in shares of USA Compression Partners by 914.6% in the fourth quarter. Tower Research Capital LLC TRC now owns 3,196 shares of the oil and gas company’s stock valued at $73,000 after purchasing an additional 2,881 shares in the last quarter. F&V Capital Management LLC purchased a new stake in shares of USA Compression Partners in the first quarter valued at about $209,000. Finally, Atria Wealth Solutions Inc. purchased a new stake in shares of USA Compression Partners in the fourth quarter valued at about $207,000. 47.77% of the stock is currently owned by institutional investors and hedge funds.

USA Compression Partners Stock Performance

Shares of NYSE USAC opened at $24.94 on Wednesday. The firm has a market capitalization of $2.57 billion, a price-to-earnings ratio of 118.77 and a beta of 1.30. The stock has a 50 day moving average price of $26.01 and a 200 day moving average price of $25.22. USA Compression Partners has a 52-week low of $18.48 and a 52-week high of $28.47.

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

USA Compression Partners Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, May 3rd. Shareholders of record on Monday, April 22nd will be issued a $0.525 dividend. The ex-dividend date of this dividend is Friday, April 19th. This represents a $2.10 dividend on an annualized basis and a yield of 8.42%. USA Compression Partners’s payout ratio is 1,000.05%.

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.