Analysts Set USA Compression Partners LP (NYSE:USAC) Target Price at $25.60

USA Compression Partners LP (NYSE:USAC - Get Free Report) has earned a consensus recommendation of "Hold" from the five ratings firms that are presently covering the company, MarketBeat Ratings reports. Four equities research analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. The average 12 month price target among brokers that have covered the stock in the last year is $25.60.

A number of equities research analysts have issued reports on the stock. Mizuho cut their price target on shares of USA Compression Partners from $25.00 to $24.00 and set a "neutral" rating on the stock in a report on Wednesday, October 2nd. StockNews.com lowered shares of USA Compression Partners from a "buy" rating to a "hold" rating in a report on Thursday, July 11th. Citigroup began coverage on USA Compression Partners in a report on Friday, September 27th. They set a "neutral" rating and a $23.00 target price on the stock. Finally, Royal Bank of Canada raised their target price on USA Compression Partners from $26.00 to $27.00 and gave the company a "sector perform" rating in a research note on Wednesday, October 16th.

Insider Transactions at USA Compression Partners

In related news, insider Eric D. Long sold 1,786 shares of the company's stock in a transaction that occurred on Monday, August 26th. The stock was sold at an average price of $22.81, for a total value of $40,738.66. Following the transaction, the insider now directly owns 307,026 shares of the company's stock, valued at approximately $7,003,263.06. This represents a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. In related news, insider Eric D. Long sold 21,396 shares of the firm's stock in a transaction that occurred on Friday, August 23rd. The shares were sold at an average price of $22.27, for a total value of $476,488.92. Following the sale, the insider now owns 1,786 shares in the company, valued at approximately $39,774.22. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, 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 completion of the sale, the insider now directly owns 307,026 shares of the company's stock, valued at approximately $7,003,263.06. This trade represents a 0.00 % decrease in their position. The disclosure for this sale can be found here.

Institutional Trading of USA Compression Partners

Several large investors have recently modified their holdings of the company. Sunbelt Securities Inc. increased its holdings in USA Compression Partners by 12.2% during the second quarter. Sunbelt Securities Inc. now owns 4,445 shares of the oil and gas company's stock valued at $105,000 after buying an additional 485 shares during the last quarter. Objectivity Squared LLC lifted its position in shares of 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 valued at $4,986,000 after buying an additional 4,228 shares in the last quarter. F&V Capital Management LLC bought a new position in shares of USA Compression Partners during the 1st quarter valued at approximately $209,000. CFM Wealth Partners LLC increased its holdings in USA Compression Partners by 12.1% in the 2nd quarter. CFM Wealth Partners LLC now owns 75,796 shares of the oil and gas company's stock worth $1,799,000 after acquiring an additional 8,203 shares in the last quarter. Finally, Sanctuary Advisors LLC bought a new stake in USA Compression Partners during the 2nd quarter worth approximately $204,000. Institutional investors own 47.77% of the company's stock.

USA Compression Partners Stock Performance

Shares of NYSE USAC remained flat at $21.74 during midday trading on Tuesday. The stock had a trading volume of 261,594 shares, compared to its average volume of 365,532. The company has a market cap of $2.24 billion, a PE ratio of 52.95 and a beta of 1.32. USA Compression Partners has a 12 month low of $21.06 and a 12 month high of $28.47. The company's 50 day simple moving average is $22.46 and its two-hundred day simple moving average is $23.48.

USA Compression Partners (NYSE:USAC - Get Free Report) last announced its quarterly earnings data on Tuesday, August 6th. The oil and gas company reported $0.21 earnings per share for the quarter, beating the consensus estimate of $0.17 by $0.04. USA Compression Partners had a negative return on equity of 40.62% and a net margin of 9.77%. The firm had revenue of $235.31 million during the quarter, compared to the consensus estimate of $232.86 million. As a group, research analysts anticipate that USA Compression Partners will post 0.82 earnings per share for the current fiscal year.

USA Compression Partners Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, November 1st. Stockholders of record on Monday, October 21st will be issued a dividend of $0.525 per share. The ex-dividend date is Monday, October 21st. This represents a $2.10 annualized dividend and a dividend yield of 9.66%. USA Compression Partners's payout ratio is presently 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.