Cetera Investment Advisers Grows Position in USA Compression Partners LP (NYSE:USAC)

Cetera Investment Advisers lifted its stake in shares of USA Compression Partners LP (NYSE:USAC) by 12.8% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 31,911 shares of the oil and gas company’s stock after acquiring an additional 3,621 shares during the period. Cetera Investment Advisers’ holdings in USA Compression Partners were worth $752,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also recently made changes to their positions in the company. Chicago Partners Investment Group LLC grew its stake in shares of USA Compression Partners by 1.6% in the fourth quarter. Chicago Partners Investment Group LLC now owns 77,002 shares of the oil and gas company’s stock worth $1,831,000 after acquiring an additional 1,232 shares in the last quarter. WMG Financial Advisors LLC grew its stake in USA Compression Partners by 5.6% during the 4th quarter. WMG Financial Advisors LLC now owns 23,374 shares of the oil and gas company’s stock worth $551,000 after buying an additional 1,250 shares during the last quarter. Hodges Capital Management Inc. boosted its stake in USA Compression Partners by 7.5% during the 4th quarter. Hodges Capital Management Inc. now owns 26,121 shares of the oil and gas company’s stock worth $615,000 after purchasing an additional 1,815 shares during the period. Stifel Financial Corp raised its stake in USA Compression Partners by 20.8% during the 4th quarter. Stifel Financial Corp now owns 11,080 shares of the oil and gas company’s stock valued at $261,000 after acquiring an additional 1,905 shares during the last quarter. Finally, World Investment Advisors grew its position in USA Compression Partners by 21.3% in the 4th quarter. World Investment Advisors now owns 14,220 shares of the oil and gas company’s stock valued at $335,000 after buying an additional 2,500 shares during the last quarter. Hedge funds and other institutional investors own 47.77% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts recently weighed in on the company. Mizuho upped their price objective on USA Compression Partners from $24.00 to $26.00 and gave the stock a “neutral” rating in a report on Monday, February 3rd. Citigroup raised their target price on shares of USA Compression Partners from $24.00 to $27.00 and gave the stock a “neutral” rating in a research report on Tuesday, February 25th. Finally, JPMorgan Chase & Co. boosted their target price on shares of USA Compression Partners from $23.00 to $24.00 and gave the company an “underweight” rating in a report on Tuesday, March 11th. One analyst has rated the stock with a sell rating and four have given a hold rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $26.00.

USA Compression Partners Trading Up 1.5%

Shares of USAC stock opened at $25.07 on Monday. USA Compression Partners LP has a twelve month low of $21.06 and a twelve month high of $30.10. The firm has a fifty day simple moving average of $24.99 and a 200-day simple moving average of $24.99. The company has a market capitalization of $2.95 billion, a PE ratio of 34.34 and a beta of 0.53.

USA Compression Partners (NYSE:USAC) last posted its quarterly earnings results on Tuesday, May 6th. The oil and gas company reported $0.18 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.22 by ($0.04). USA Compression Partners had a net margin of 10.48% and a negative return on equity of 62.46%. The firm had revenue of $245.23 million for the quarter, compared to analyst estimates of $244.79 million. Equities research analysts predict that USA Compression Partners LP will post 1.05 EPS for the current year.

USA Compression Partners Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, May 9th. Shareholders of record on Monday, April 28th were given a dividend of $0.525 per share. This represents a $2.10 dividend on an annualized basis and a yield of 8.38%. The ex-dividend date of this dividend was Monday, April 28th. This is a positive change from USA Compression Partners’s previous quarterly dividend of $0.51. USA Compression Partners’s payout ratio is 308.82%.

Insider Transactions at USA Compression Partners

In related news, Director Bradford D. Whitehurst purchased 10,000 shares of the company’s stock in a transaction on Thursday, May 8th. The shares were bought at an average price of $23.50 per share, with a total value of $235,000.00. Following the completion of the acquisition, the director now owns 23,616 shares of the company’s stock, valued at approximately $554,976. This represents a 73.44% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website.

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.