Infrastructure Capital Advisors LLC Raises Holdings in USA Compression Partners LP (NYSE:USAC)

Infrastructure Capital Advisors LLC boosted its stake in USA Compression Partners LP (NYSE:USAC - Free Report) by 14.9% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 196,206 shares of the oil and gas company's stock after buying an additional 25,439 shares during the period. Infrastructure Capital Advisors LLC owned approximately 0.17% of USA Compression Partners worth $4,497,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of the stock. Perkins Coie Trust Co acquired a new position in USA Compression Partners during the second quarter worth $263,000. Objectivity Squared LLC lifted its stake in USA Compression Partners by 2.1% during the 2nd quarter. Objectivity Squared LLC now owns 202,199 shares of the oil and gas company's stock worth $4,986,000 after acquiring an additional 4,228 shares in the last quarter. CFM Wealth Partners LLC boosted its holdings in USA Compression Partners by 12.1% during the 2nd quarter. CFM Wealth Partners LLC now owns 75,796 shares of the oil and gas company's stock valued at $1,799,000 after acquiring an additional 8,203 shares during the period. Raymond James Financial Services Advisors Inc. grew its position in USA Compression Partners by 12.7% in the 2nd quarter. Raymond James Financial Services Advisors Inc. now owns 533,424 shares of the oil and gas company's stock valued at $12,658,000 after acquiring an additional 60,010 shares in the last quarter. Finally, Cambridge Investment Research Advisors Inc. increased its stake in USA Compression Partners by 252.1% during the second quarter. Cambridge Investment Research Advisors Inc. now owns 44,596 shares of the oil and gas company's stock worth $1,058,000 after purchasing an additional 31,930 shares during the period. Institutional investors and hedge funds own 47.77% of the company's stock.

USA Compression Partners Stock Up 0.2 %

USA Compression Partners stock traded up $0.04 during trading on Friday, reaching $23.97. The stock had a trading volume of 247,731 shares, compared to its average volume of 353,482. USA Compression Partners LP has a 52-week low of $21.06 and a 52-week high of $28.47. The stock has a market cap of $2.80 billion, a PE ratio of 42.05 and a beta of 1.32. The business has a 50 day moving average price of $22.83 and a 200 day moving average price of $23.07.

USA Compression Partners (NYSE:USAC - Get Free Report) last posted its earnings results on Tuesday, November 5th. The oil and gas company reported $0.13 EPS for the quarter, missing the consensus estimate of $0.20 by ($0.07). The business had revenue of $239.97 million during the quarter, compared to analysts' expectations of $238.37 million. USA Compression Partners had a net margin of 9.36% and a negative return on equity of 47.53%. During the same period last year, the company earned $0.09 EPS. On average, equities analysts predict that USA Compression Partners LP will post 0.8 EPS for the current fiscal year.

USA Compression Partners Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, November 1st. Stockholders of record on Monday, October 21st were given a dividend of $0.525 per share. This represents a $2.10 annualized dividend and a dividend yield of 8.76%. The ex-dividend date was Monday, October 21st. USA Compression Partners's dividend payout ratio (DPR) is presently 368.43%.

Analyst Upgrades and Downgrades

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

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.