USA Compression Partners LP (NYSE:USAC) Receives Average Rating of "Hold" from Analysts

USA Compression Partners LP (NYSE:USAC - Get Free Report) has been given a consensus rating of "Hold" by the five research firms that are presently covering the company, MarketBeat Ratings reports. Four investment analysts have rated the stock with a hold recommendation and one has issued a buy recommendation on the company. The average 12-month price target among brokerages that have issued a report on the stock in the last year is $25.80.

A number of research analysts have weighed in on USAC shares. Mizuho upgraded shares of USA Compression Partners from an "underperform" rating to a "neutral" rating and upped their price objective for the stock from $23.00 to $26.00 in a research report on Thursday, May 30th. Royal Bank of Canada reaffirmed a "sector perform" rating and issued a $26.00 price target on shares of USA Compression Partners in a report on Thursday, September 12th. StockNews.com downgraded USA Compression Partners from a "buy" rating to a "hold" rating in a research report on Thursday, July 11th. Finally, Citigroup assumed coverage on USA Compression Partners in a research report on Friday. They issued a "neutral" rating and a $23.00 price objective for the company.

Insider Buying and Selling at USA Compression Partners

In related news, insider Eric D. Long sold 1,786 shares of the business's stock in a transaction dated Monday, August 26th. The shares were sold at an average price of $22.81, for a total transaction of $40,738.66. Following the transaction, the insider now directly owns 307,026 shares in the company, valued at $7,003,263.06. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. In related news, insider Eric D. Long sold 1,786 shares of USA Compression Partners stock in a transaction that occurred on Monday, August 26th. The stock was sold at an average price of $22.81, for a total transaction of $40,738.66. Following the transaction, the insider now owns 307,026 shares in the company, valued at $7,003,263.06. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, insider Eric D. Long sold 21,396 shares of the business's stock in a transaction on Friday, August 23rd. The stock was sold at an average price of $22.27, for a total value of $476,488.92. Following the transaction, the insider now directly owns 1,786 shares in the company, valued at approximately $39,774.22. The disclosure for this sale can be found here.

Institutional Trading of USA Compression Partners

A number of hedge funds and other institutional investors have recently made changes to their positions in USAC. UBS Group AG raised its stake in shares of USA Compression Partners by 107.1% in the 4th quarter. UBS Group AG now owns 542,425 shares of the oil and gas company's stock valued at $12,384,000 after acquiring an additional 280,491 shares during the period. Raymond James Financial Services Advisors Inc. lifted its stake in USA Compression Partners by 12.7% during the second quarter. Raymond James Financial Services Advisors Inc. now owns 533,424 shares of the oil and gas company's stock worth $12,658,000 after purchasing an additional 60,010 shares in the last quarter. Energy Income Partners LLC boosted its position in shares of USA Compression Partners by 7.8% during the first quarter. Energy Income Partners LLC now owns 478,431 shares of the oil and gas company's stock worth $12,760,000 after buying an additional 34,817 shares during the period. Wells Fargo & Company MN grew its stake in shares of USA Compression Partners by 39.3% in the fourth quarter. Wells Fargo & Company MN now owns 303,469 shares of the oil and gas company's stock valued at $6,928,000 after buying an additional 85,692 shares in the last quarter. Finally, Objectivity Squared LLC raised its holdings in shares of USA Compression Partners by 2.1% in the 2nd quarter. Objectivity Squared LLC now owns 202,199 shares of the oil and gas company's stock valued at $4,986,000 after buying an additional 4,228 shares during the period. Institutional investors and hedge funds own 47.77% of the company's stock.

USA Compression Partners Price Performance

USAC stock traded up $0.36 during trading on Friday, hitting $22.50. 6,815 shares of the company traded hands, compared to its average volume of 377,409. USA Compression Partners has a 1 year low of $21.06 and a 1 year high of $28.47. The company has a market cap of $2.63 billion, a PE ratio of 55.10 and a beta of 1.32. The stock's 50-day simple moving average is $22.43 and its 200 day simple moving average is $24.09.

USA Compression Partners (NYSE:USAC - Get Free Report) last issued its quarterly earnings data on Tuesday, August 6th. The oil and gas company reported $0.21 EPS for the quarter, topping analysts' consensus estimates of $0.17 by $0.04. USA Compression Partners had a net margin of 9.77% and a negative return on equity of 40.62%. The business had revenue of $235.31 million for the quarter, compared to analysts' expectations of $232.86 million. Research analysts expect that USA Compression Partners will post 0.82 earnings per share for the current year.

USA Compression Partners Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, August 2nd. Investors of record on Monday, July 22nd were paid a $0.525 dividend. This represents a $2.10 annualized dividend and a yield of 9.33%. The ex-dividend date of this dividend was Monday, July 22nd. USA Compression Partners's dividend payout ratio is currently 512.20%.

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.

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