Mallini Complete Financial Planning LLC acquired a new stake in USA Compression Partners LP (NYSE:USAC - Free Report) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 92,380 shares of the oil and gas company's stock, valued at approximately $2,176,000. USA Compression Partners comprises approximately 2.1% of Mallini Complete Financial Planning LLC's portfolio, making the stock its 7th largest position. Mallini Complete Financial Planning LLC owned 0.08% of USA Compression Partners as of its most recent filing with the Securities and Exchange Commission.
A number of other large investors have also recently added to or reduced their stakes in USAC. Raymond James Financial Inc. purchased a new position in USA Compression Partners in the 4th quarter valued at about $13,905,000. Objectivity Squared LLC lifted its holdings in USA Compression Partners by 2.4% in the 4th quarter. Objectivity Squared LLC now owns 211,813 shares of the oil and gas company's stock valued at $5,048,000 after purchasing an additional 4,970 shares in the last quarter. Rockefeller Capital Management L.P. lifted its holdings in USA Compression Partners by 0.4% in the 3rd quarter. Rockefeller Capital Management L.P. now owns 211,521 shares of the oil and gas company's stock valued at $4,848,000 after purchasing an additional 833 shares in the last quarter. Infrastructure Capital Advisors LLC lifted its holdings in USA Compression Partners by 14.9% in the 3rd quarter. Infrastructure Capital Advisors LLC now owns 196,206 shares of the oil and gas company's stock valued at $4,497,000 after purchasing an additional 25,439 shares in the last quarter. Finally, GraniteShares Advisors LLC lifted its holdings in USA Compression Partners by 7.4% in the 4th quarter. GraniteShares Advisors LLC now owns 104,333 shares of the oil and gas company's stock valued at $2,458,000 after purchasing an additional 7,216 shares in the last quarter. 47.77% of the stock is owned by institutional investors and hedge funds.
USA Compression Partners Price Performance
NYSE USAC traded up $0.55 during mid-day trading on Wednesday, hitting $27.67. The company's stock had a trading volume of 233,441 shares, compared to its average volume of 329,350. USA Compression Partners LP has a 52-week low of $21.06 and a 52-week high of $30.10. The stock's fifty day simple moving average is $26.50 and its two-hundred day simple moving average is $24.13. The firm has a market capitalization of $3.25 billion, a P/E ratio of 37.91 and a beta of 1.31.
USA Compression Partners (NYSE:USAC - Get Free Report) last posted its quarterly 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 net margin of 10.48% and a negative return on equity of 62.46%. On average, equities analysts forecast that USA Compression Partners LP will post 1.05 earnings per share for the current fiscal year.
USA Compression Partners Dividend Announcement
The firm also recently declared a quarterly dividend, which was paid on Friday, February 7th. Investors of record on Monday, January 27th were issued a $0.525 dividend. The ex-dividend date was Monday, January 27th. This represents a $2.10 annualized dividend and a yield of 7.59%. USA Compression Partners's payout ratio is 287.67%.
Analyst Ratings Changes
A number of research analysts have issued reports on the stock. Citigroup upped their target price on shares of USA Compression Partners from $24.00 to $27.00 and gave the company a "neutral" rating in a report on Tuesday, February 25th. Royal Bank of Canada reiterated a "sector perform" rating and set a $27.00 price objective on shares of USA Compression Partners in a report on Friday, November 22nd. Mizuho increased their price objective on shares of USA Compression Partners from $24.00 to $26.00 and gave the stock a "neutral" rating in a report on Monday, February 3rd. Finally, JPMorgan Chase & Co. increased their price objective on shares of USA Compression Partners from $23.00 to $24.00 and gave the stock an "underweight" rating in a report on Tuesday, March 11th. One investment analyst has rated the stock with a sell rating, four have issued a hold rating and one has issued a buy rating to the stock. Based on data from MarketBeat.com, USA Compression Partners presently has a consensus rating of "Hold" and an average price target of $26.80.
Get Our Latest Stock Analysis on USA Compression Partners
About USA Compression Partners
(
Free Report)
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.
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