USA Compression Partners (NYSE:USAC) Stock Price Expected to Rise, Mizuho Analyst Says

USA Compression Partners (NYSE:USAC - Free Report) had its price objective boosted by Mizuho from $24.00 to $26.00 in a report released on Monday,Benzinga reports. They currently have a neutral rating on the oil and gas company's stock.

Separately, Royal Bank of Canada reissued a "sector perform" rating and issued a $27.00 price objective on shares of USA Compression Partners in a research note on Friday, November 22nd. Four investment analysts have rated the stock with a hold rating and one has assigned a buy rating to the stock. According to MarketBeat.com, USA Compression Partners presently has an average rating of "Hold" and an average target price of $26.50.

USA Compression Partners Stock Up 0.0 %

NYSE USAC traded up $0.00 during trading on Monday, hitting $28.28. The company's stock had a trading volume of 496,419 shares, compared to its average volume of 458,109. USA Compression Partners has a 52 week low of $21.06 and a 52 week high of $28.50. The firm has a market cap of $3.31 billion, a P/E ratio of 49.62 and a beta of 1.34. The firm has a 50 day moving average price of $24.21 and a 200 day moving average price of $23.13.

USA Compression Partners (NYSE:USAC - Get Free Report) last released its earnings results 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). USA Compression Partners had a net margin of 9.36% and a negative return on equity of 47.53%. The company had revenue of $239.97 million during the quarter, compared to the consensus estimate of $238.37 million. During the same quarter in the previous year, the business posted $0.09 EPS. On average, equities analysts expect that USA Compression Partners will post 0.8 earnings per share for the current year.

USA Compression Partners Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, February 7th. Shareholders of record on Monday, January 27th will be given a dividend of $0.525 per share. The ex-dividend date of this dividend is Monday, January 27th. This represents a $2.10 dividend on an annualized basis and a yield of 7.43%. USA Compression Partners's payout ratio is presently 368.43%.

Institutional Investors Weigh In On USA Compression Partners

A number of institutional investors and hedge funds have recently added to or reduced their stakes in USAC. Allworth Financial LP increased its stake in shares of USA Compression Partners by 3,054.8% in the 3rd quarter. Allworth Financial LP now owns 1,325 shares of the oil and gas company's stock valued at $30,000 after acquiring an additional 1,283 shares during the last quarter. Sunbelt Securities Inc. boosted its position in shares of USA Compression Partners by 16.4% during the third quarter. Sunbelt Securities Inc. now owns 5,175 shares of the oil and gas company's stock worth $119,000 after purchasing an additional 730 shares in the last quarter. Sanctuary Advisors LLC bought a new stake in shares of USA Compression Partners in the 2nd quarter valued at $204,000. TSA Wealth Managment LLC acquired a new position in USA Compression Partners in the fourth quarter valued at about $205,000. Finally, SVB Wealth LLC bought a new stake in shares of USA Compression Partners in the fourth quarter worth about $207,000. Institutional investors own 47.77% of the company's stock.

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.