USA Compression Partners (NYSE:USAC) Share Price Crosses Above Two Hundred Day Moving Average – Should You Sell?

USA Compression Partners, LP (NYSE:USAC) shares passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $25.23 and traded as high as $25.52. USA Compression Partners shares last traded at $24.94, with a volume of 1,648,109 shares trading hands.

Analyst Upgrades and Downgrades

USAC has been the topic of several recent analyst reports. Citigroup upped their price target on shares of USA Compression Partners from $24.00 to $27.00 and gave the company a “neutral” rating in a report on Tuesday, February 25th. 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 research note on Tuesday, March 11th. One research analyst has rated the stock with a sell rating and four have issued a hold rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Hold” and an average target price of $26.00.

USA Compression Partners Price Performance

The firm has a fifty day simple moving average of $24.92 and a 200 day simple moving average of $25.23. The company has a market cap of $2.93 billion, a price-to-earnings ratio of 36.68 and a beta of 0.40.

USA Compression Partners (NYSE:USAC) last issued its earnings results on Tuesday, May 6th. The oil and gas company reported $0.18 EPS for the quarter, missing the consensus estimate of $0.22 by ($0.04). USA Compression Partners had a negative return on equity of 81.01% and a net margin of 9.99%. The firm had revenue of $245.23 million during the quarter, compared to the consensus estimate of $244.79 million. Analysts expect that USA Compression Partners, LP will post 1.05 earnings per share for the current year.

USA Compression Partners Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, May 9th. Stockholders of record on Monday, April 28th were given a dividend of $0.525 per share. This is a positive change from USA Compression Partners’s previous quarterly dividend of $0.51. This represents a $2.10 annualized dividend and a dividend yield of 8.42%. The ex-dividend date was Monday, April 28th. USA Compression Partners’s payout ratio is presently 308.82%.

Insider Transactions at USA Compression Partners

In related news, Director Bradford D. Whitehurst acquired 10,000 shares of the company’s stock in a transaction dated Thursday, May 8th. The shares were bought at an average price of $23.50 per share, for a total transaction of $235,000.00. Following the purchase, the director now directly owns 23,616 shares in the company, valued at approximately $554,976. This trade represents a 73.44% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Alps Advisors Inc. boosted its stake in shares of USA Compression Partners by 18.5% during the first quarter. Alps Advisors Inc. now owns 15,990,511 shares of the oil and gas company’s stock valued at $431,424,000 after purchasing an additional 2,490,895 shares in the last quarter. Goldman Sachs Group Inc. increased its holdings in USA Compression Partners by 82.7% in the first quarter. Goldman Sachs Group Inc. now owns 2,863,377 shares of the oil and gas company’s stock worth $77,254,000 after purchasing an additional 1,296,339 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake in USA Compression Partners by 32.5% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 4,651,264 shares of the oil and gas company’s stock valued at $125,491,000 after acquiring an additional 1,141,556 shares during the period. Raymond James Financial Inc. acquired a new stake in USA Compression Partners in the fourth quarter valued at approximately $13,905,000. Finally, Invesco Ltd. boosted its position in shares of USA Compression Partners by 0.9% during the fourth quarter. Invesco Ltd. now owns 12,274,451 shares of the oil and gas company’s stock valued at $289,186,000 after buying an additional 107,058 shares during the last quarter. 47.77% of the stock is 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.