USA Compression Partners LP (NYSE:USAC) Receives $25.80 Consensus Price Target from Brokerages

USA Compression Partners LP (NYSE:USAC) has earned a consensus recommendation of “Hold” from the five analysts that are presently covering the firm, Marketbeat reports. Four research analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. The average twelve-month target price among brokers that have covered the stock in the last year is $25.80.

A number of research firms have recently weighed in on USAC. Citigroup started coverage on shares of USA Compression Partners in a research report on Friday. They issued a “neutral” rating and a $23.00 target price on the stock. StockNews.com cut USA Compression Partners from a “buy” rating to a “hold” rating in a report on Thursday, July 11th. Finally, Royal Bank of Canada reissued a “sector perform” rating and issued a $26.00 price objective on shares of USA Compression Partners in a research note on Thursday, September 12th.

Insider Buying and Selling

In other news, insider Eric D. Long sold 1,786 shares of the business’s stock in a transaction dated Monday, August 26th. The stock was sold at an average price of $22.81, for a total value of $40,738.66. Following the completion of the transaction, the insider now owns 307,026 shares of the company’s stock, valued at approximately $7,003,263.06. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. In other USA Compression Partners news, insider Eric D. Long sold 21,396 shares of the stock in a transaction dated Friday, August 23rd. The shares were sold at an average price of $22.27, for a total value of $476,488.92. Following the completion of the sale, the insider now owns 1,786 shares in the company, valued at approximately $39,774.22. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, insider Eric D. Long sold 1,786 shares of the firm’s stock in a transaction on Monday, August 26th. The stock was sold at an average price of $22.81, for a total value of $40,738.66. Following the sale, the insider now directly owns 307,026 shares of the company’s stock, valued at approximately $7,003,263.06. The disclosure for this sale can be found here.

Institutional Trading of USA Compression Partners

A number of large investors have recently made changes to their positions in USAC. UBS Group AG increased its position in shares of USA Compression Partners by 107.1% during the fourth quarter. UBS Group AG now owns 542,425 shares of the oil and gas company’s stock worth $12,384,000 after purchasing an additional 280,491 shares in the last quarter. Raymond James Financial Services Advisors Inc. boosted its stake in shares of USA Compression Partners by 12.7% during the 2nd quarter. Raymond James Financial Services Advisors Inc. now owns 533,424 shares of the oil and gas company’s stock worth $12,658,000 after acquiring an additional 60,010 shares in the last quarter. Energy Income Partners LLC increased its holdings in USA Compression Partners by 7.8% during the 1st quarter. Energy Income Partners LLC now owns 478,431 shares of the oil and gas company’s stock valued at $12,760,000 after acquiring an additional 34,817 shares in the last quarter. Wells Fargo & Company MN lifted its stake in USA Compression Partners by 39.3% in the 4th quarter. Wells Fargo & Company MN now owns 303,469 shares of the oil and gas company’s stock valued at $6,928,000 after buying an additional 85,692 shares in the last quarter. Finally, Objectivity Squared LLC raised its stake in USA Compression Partners by 2.1% in the 2nd quarter. Objectivity Squared LLC now owns 202,199 shares of the oil and gas company’s stock valued at $4,986,000 after purchasing an additional 4,228 shares during the last quarter. 47.77% of the stock is currently owned by hedge funds and other institutional investors.

USA Compression Partners Price Performance

NYSE:USAC opened at $22.58 on Friday. The company has a market capitalization of $2.33 billion, a P/E ratio of 55.07 and a beta of 1.32. The business has a fifty day simple moving average of $22.35 and a two-hundred day simple moving average of $24.02. USA Compression Partners has a 1 year low of $21.06 and a 1 year high of $28.47.

USA Compression Partners (NYSE:USAC) last issued its earnings results on Tuesday, August 6th. The oil and gas company reported $0.21 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.17 by $0.04. The business had revenue of $235.31 million during the quarter, compared to analyst estimates of $232.86 million. USA Compression Partners had a negative return on equity of 40.62% and a net margin of 9.77%. As a group, analysts anticipate that USA Compression Partners will post 0.82 earnings per share for the current year.

USA Compression Partners Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, August 2nd. Stockholders of record on Monday, July 22nd were given a $0.525 dividend. This represents a $2.10 dividend on an annualized basis and a dividend yield of 9.30%. The ex-dividend date was Monday, July 22nd. USA Compression Partners’s payout ratio is currently 512.20%.

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.