USA Compression Partners LP (NYSE:USAC) Receives $25.60 Average Price Target from Brokerages

USA Compression Partners LP (NYSE:USAC) has received a consensus recommendation of “Hold” from the five ratings firms that are covering the firm, MarketBeat.com reports. Four investment analysts have rated the stock with a hold rating and one has given a buy rating to the company. The average twelve-month price objective among analysts that have issued ratings on the stock in the last year is $25.60.

A number of analysts have commented on USAC shares. Mizuho reduced their price objective on shares of USA Compression Partners from $25.00 to $24.00 and set a “neutral” rating for the company in a research note on Wednesday, October 2nd. StockNews.com lowered shares of USA Compression Partners from a “buy” rating to a “hold” rating in a research note on Thursday, July 11th. Citigroup initiated coverage on shares of USA Compression Partners in a research report on Friday, September 27th. They issued a “neutral” rating and a $23.00 price target for the company. Finally, Royal Bank of Canada increased their price target on shares of USA Compression Partners from $26.00 to $27.00 and gave the stock a “sector perform” rating in a research report on Wednesday, October 16th.

Insider Activity at USA Compression Partners

In related news, insider Eric D. Long sold 1,786 shares of the firm’s stock in a transaction that occurred on Monday, August 26th. The shares were sold at an average price of $22.81, for a total transaction of $40,738.66. Following the transaction, the insider now owns 307,026 shares of the company’s stock, valued at approximately $7,003,263.06. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. In related news, insider Eric D. Long sold 1,786 shares of the firm’s stock in a transaction that occurred on Monday, August 26th. The shares were sold at an average price of $22.81, for a total transaction of $40,738.66. Following the transaction, the insider now owns 307,026 shares of the company’s stock, valued at approximately $7,003,263.06. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Eric D. Long sold 21,396 shares of the firm’s stock in a transaction that occurred on Friday, August 23rd. The shares were sold at an average price of $22.27, for a total transaction of $476,488.92. Following the transaction, the insider now directly owns 1,786 shares in the company, valued at approximately $39,774.22. The trade was a 0.00 % decrease in their position. The disclosure for this sale can be found here.

Hedge Funds Weigh In On USA Compression Partners

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Sunbelt Securities Inc. grew its holdings in USA Compression Partners by 12.2% during the second quarter. Sunbelt Securities Inc. now owns 4,445 shares of the oil and gas company’s stock valued at $105,000 after purchasing an additional 485 shares during the last quarter. Allworth Financial LP grew its holdings in USA Compression Partners by 3,054.8% during the third quarter. Allworth Financial LP now owns 1,325 shares of the oil and gas company’s stock valued at $30,000 after purchasing an additional 1,283 shares during the last quarter. Objectivity Squared LLC grew its holdings in USA Compression Partners by 2.1% during the second 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. F&V Capital Management LLC acquired a new position in USA Compression Partners during the first quarter valued at approximately $209,000. Finally, CFM Wealth Partners LLC grew its holdings in USA Compression Partners by 12.1% during the second quarter. CFM Wealth Partners LLC now owns 75,796 shares of the oil and gas company’s stock valued at $1,799,000 after purchasing an additional 8,203 shares during the last quarter. Institutional investors and hedge funds own 47.77% of the company’s stock.

USA Compression Partners Trading Down 0.0 %

USAC stock opened at $22.08 on Tuesday. USA Compression Partners has a one year low of $21.06 and a one year high of $28.47. The firm has a market capitalization of $2.27 billion, a PE ratio of 53.85 and a beta of 1.32. The firm has a 50-day moving average of $22.47 and a two-hundred day moving average of $23.39.

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

USA Compression Partners Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, November 1st. Stockholders of record on Monday, October 21st will be given a $0.525 dividend. This represents a $2.10 dividend on an annualized basis and a dividend yield of 9.51%. The ex-dividend date is Monday, October 21st. USA Compression Partners’s dividend payout ratio (DPR) is 512.20%.

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.