BNP Paribas Financial Markets Has $855,000 Stock Position in USA Compression Partners LP (NYSE:USAC)

BNP Paribas Financial Markets reduced its stake in shares of USA Compression Partners LP (NYSE:USAC - Free Report) by 50.6% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 37,296 shares of the oil and gas company's stock after selling 38,144 shares during the period. BNP Paribas Financial Markets' holdings in USA Compression Partners were worth $855,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in USAC. Raymond James Financial Services Advisors Inc. lifted its stake in shares of USA Compression Partners by 12.7% in the second 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 buying an additional 60,010 shares during the last quarter. Custom Index Systems LLC bought a new position in USA Compression Partners in the 2nd quarter worth $1,329,000. Cambridge Investment Research Advisors Inc. lifted its position in USA Compression Partners by 252.1% during the 2nd quarter. Cambridge Investment Research Advisors Inc. now owns 44,596 shares of the oil and gas company's stock worth $1,058,000 after acquiring an additional 31,930 shares during the last quarter. GraniteShares Advisors LLC boosted its holdings in USA Compression Partners by 14.3% during the second quarter. GraniteShares Advisors LLC now owns 81,336 shares of the oil and gas company's stock valued at $1,930,000 after acquiring an additional 10,146 shares during the period. Finally, Sanctuary Advisors LLC acquired a new stake in shares of USA Compression Partners in the second quarter valued at about $204,000. Institutional investors and hedge funds own 47.77% of the company's stock.

Analyst Ratings Changes

Several equities analysts recently weighed in on USAC shares. Royal Bank of Canada reissued a "sector perform" rating and set a $27.00 price objective on shares of USA Compression Partners in a research report on Friday, November 22nd. Citigroup initiated coverage on USA Compression Partners in a report on Friday, September 27th. They set a "neutral" rating and a $23.00 price target for the company. Finally, Mizuho reduced their price objective on USA Compression Partners from $25.00 to $24.00 and set a "neutral" rating for the company in a research report on Wednesday, October 2nd. Four analysts have rated the stock with a hold rating and one has assigned a buy rating to the company's stock. According to data from MarketBeat.com, the company currently has an average rating of "Hold" and a consensus price target of $26.00.

USA Compression Partners Trading Down 1.6 %

USAC stock traded down $0.38 during trading on Thursday, reaching $23.16. 215,578 shares of the stock were exchanged, compared to its average volume of 350,170. USA Compression Partners LP has a twelve month low of $21.06 and a twelve month high of $28.47. The company has a market capitalization of $2.71 billion, a P/E ratio of 41.30 and a beta of 1.34. The stock has a 50 day simple moving average of $22.90 and a 200-day simple moving average of $23.00.

USA Compression Partners (NYSE:USAC - Get Free Report) last announced its quarterly earnings data on Tuesday, November 5th. The oil and gas company reported $0.13 earnings per share for the quarter, missing the consensus estimate of $0.20 by ($0.07). The firm had revenue of $239.97 million for the quarter, compared to analyst estimates of $238.37 million. USA Compression Partners had a negative return on equity of 47.53% and a net margin of 9.36%. During the same period in the previous year, the business posted $0.09 EPS. Equities analysts predict that USA Compression Partners LP will post 0.8 EPS for the current year.

USA Compression Partners Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, November 1st. Shareholders of record on Monday, October 21st were issued a $0.525 dividend. This represents a $2.10 annualized dividend and a yield of 9.07%. The ex-dividend date of this dividend was Monday, October 21st. USA Compression Partners's dividend payout ratio (DPR) is presently 368.42%.

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.