USA Compression Partners LP (NYSE:USAC) Shares Bought by Invesco Ltd.

Invesco Ltd. boosted its holdings in shares of USA Compression Partners LP (NYSE:USAC - Free Report) by 0.9% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 12,274,451 shares of the oil and gas company's stock after purchasing an additional 107,058 shares during the quarter. Invesco Ltd. owned about 10.49% of USA Compression Partners worth $289,186,000 as of its most recent SEC filing.

Several other institutional investors have also bought and sold shares of USAC. Raymond James Financial Inc. bought a new position in shares of USA Compression Partners in the 4th quarter valued at about $13,905,000. Truist Financial Corp purchased a new position in shares of USA Compression Partners in the 4th quarter worth approximately $2,428,000. Mallini Complete Financial Planning LLC bought a new position in shares of USA Compression Partners during the 4th quarter valued at approximately $2,176,000. Corient Private Wealth LLC lifted its position in USA Compression Partners by 28.9% in the fourth quarter. Corient Private Wealth LLC now owns 165,887 shares of the oil and gas company's stock worth $3,908,000 after buying an additional 37,232 shares during the last quarter. Finally, HighTower Advisors LLC boosted its position in shares of USA Compression Partners by 94.8% during the fourth quarter. HighTower Advisors LLC now owns 34,935 shares of the oil and gas company's stock valued at $823,000 after buying an additional 17,005 shares during the period. Institutional investors own 47.77% of the company's stock.

USA Compression Partners Trading Up 1.3 %

Shares of USAC traded up $0.32 during midday trading on Wednesday, hitting $25.25. 15,826 shares of the company's stock traded hands, compared to its average volume of 411,081. USA Compression Partners LP has a 1 year low of $21.06 and a 1 year high of $30.10. The firm's fifty day moving average is $26.38 and its 200-day moving average is $24.57. The stock has a market capitalization of $2.97 billion, a price-to-earnings ratio of 34.58 and a beta of 0.84.

USA Compression Partners (NYSE:USAC - Get Free Report) last issued its quarterly earnings results on Tuesday, February 11th. The oil and gas company reported $0.18 earnings per share for the quarter, missing analysts' consensus estimates 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%. On average, equities research analysts anticipate that USA Compression Partners LP will post 1.05 EPS for the current year.

USA Compression Partners Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, February 7th. Stockholders of record on Monday, January 27th were paid a dividend of $0.525 per share. The ex-dividend date of this dividend was Monday, January 27th. This represents a $2.10 annualized dividend and a dividend yield of 8.32%. USA Compression Partners's payout ratio is currently 287.67%.

Analysts Set New Price Targets

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