USA Compression Partners LP (NYSE:USAC) Shares Purchased by HighTower Advisors LLC

HighTower Advisors LLC boosted its position in shares of USA Compression Partners LP (NYSE:USAC - Free Report) by 94.8% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 34,935 shares of the oil and gas company's stock after purchasing an additional 17,005 shares during the period. HighTower Advisors LLC's holdings in USA Compression Partners were worth $823,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Sunbelt Securities Inc. raised its position in shares of USA Compression Partners by 16.4% during the 3rd quarter. Sunbelt Securities Inc. now owns 5,175 shares of the oil and gas company's stock valued at $119,000 after buying an additional 730 shares during the period. TSA Wealth Managment LLC acquired a new stake in USA Compression Partners during the fourth quarter worth $205,000. SVB Wealth LLC acquired a new position in shares of USA Compression Partners in the 4th quarter valued at $207,000. Sanctuary Advisors LLC lifted its stake in shares of USA Compression Partners by 9.2% in the 3rd quarter. Sanctuary Advisors LLC now owns 9,052 shares of the oil and gas company's stock valued at $215,000 after purchasing an additional 766 shares during the last quarter. Finally, Stifel Financial Corp purchased a new position in shares of USA Compression Partners during the 3rd quarter worth $210,000. 47.77% of the stock is currently owned by institutional investors and hedge funds.

USA Compression Partners Stock Performance

Shares of NYSE:USAC traded up $0.01 during trading on Monday, hitting $27.01. The company's stock had a trading volume of 105,499 shares, compared to its average volume of 353,662. The company has a market capitalization of $3.17 billion, a PE ratio of 37.00 and a beta of 1.31. USA Compression Partners LP has a fifty-two week low of $21.06 and a fifty-two week high of $30.10. The business has a 50 day moving average price of $26.96 and a two-hundred day moving average price of $24.45.

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USA Compression Partners (NYSE:USAC - Get Free Report) last released its earnings results on Tuesday, February 11th. The oil and gas company reported $0.18 EPS for the quarter, missing the consensus estimate of $0.24 by ($0.06). USA Compression Partners had a negative return on equity of 62.46% and a net margin of 10.48%. As a group, equities analysts expect that USA Compression Partners LP will post 1.05 earnings per share for the current fiscal year.

USA Compression Partners Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, February 7th. Investors of record on Monday, January 27th were paid a dividend of $0.525 per share. The ex-dividend date was Monday, January 27th. This represents a $2.10 dividend on an annualized basis and a dividend yield of 7.77%. USA Compression Partners's payout ratio is 287.67%.

Wall Street Analysts Forecast Growth

A number of analysts have issued reports on USAC shares. Mizuho boosted their target price on USA Compression Partners from $24.00 to $26.00 and gave the company a "neutral" rating in a research report on Monday, February 3rd. Citigroup boosted their price objective on USA Compression Partners from $24.00 to $27.00 and gave the company a "neutral" rating in a report on Tuesday, February 25th. Finally, JPMorgan Chase & Co. raised their target price on USA Compression Partners from $23.00 to $24.00 and gave the company an "underweight" rating in a report on Tuesday, March 11th. One investment analyst has rated the stock with a sell rating, four have given a hold rating and one has given a buy rating to the stock. According to MarketBeat.com, USA Compression Partners presently has a consensus rating of "Hold" and an average target price of $26.80.

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.