Strategic Financial Concepts LLC Takes Position in USA Compression Partners LP (NYSE:USAC)

Strategic Financial Concepts LLC purchased a new position in shares of USA Compression Partners LP (NYSE:USAC - Free Report) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 14,136 shares of the oil and gas company's stock, valued at approximately $333,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Allworth Financial LP lifted its position in USA Compression Partners by 3,054.8% during the 3rd quarter. Allworth Financial LP now owns 1,325 shares of the oil and gas company's stock worth $30,000 after acquiring an additional 1,283 shares during the period. Sunbelt Securities Inc. lifted its holdings in shares of USA Compression Partners by 16.4% in the 3rd quarter. Sunbelt Securities Inc. now owns 5,175 shares of the oil and gas company's stock valued at $119,000 after buying an additional 730 shares during the period. Sanctuary Advisors LLC lifted its holdings in shares of USA Compression Partners by 9.2% in the 3rd quarter. Sanctuary Advisors LLC now owns 9,052 shares of the oil and gas company's stock valued at $215,000 after buying an additional 766 shares during the period. Stifel Financial Corp acquired a new position in shares of USA Compression Partners in the 3rd quarter valued at about $210,000. Finally, Seelaus Asset Management LLC lifted its holdings in shares of USA Compression Partners by 4.6% in the 3rd quarter. Seelaus Asset Management LLC now owns 11,278 shares of the oil and gas company's stock valued at $258,000 after buying an additional 500 shares during the period. Institutional investors and hedge funds own 47.77% of the company's stock.

USA Compression Partners Stock Performance

Shares of USA Compression Partners stock traded down $0.64 on Friday, hitting $27.94. The company's stock had a trading volume of 230,934 shares, compared to its average volume of 484,704. USA Compression Partners LP has a 1 year low of $21.06 and a 1 year high of $30.10. The firm has a fifty day moving average price of $25.31 and a 200-day moving average price of $23.55. The company has a market capitalization of $3.28 billion, a price-to-earnings ratio of 38.27 and a beta of 1.34.

USA Compression Partners (NYSE:USAC - Get Free Report) last announced its quarterly earnings results on Tuesday, February 11th. The oil and gas company reported $0.18 earnings per share 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%. As a group, analysts forecast that USA Compression Partners LP will post 1.05 EPS for the current year.

USA Compression Partners Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, February 7th. Shareholders 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 yield of 7.52%. USA Compression Partners's dividend payout ratio (DPR) is currently 287.67%.

Analyst Ratings Changes

Several equities analysts have recently issued reports on USAC shares. Royal Bank of Canada reissued a "sector perform" rating and issued a $27.00 price objective on shares of USA Compression Partners in a report on Friday, November 22nd. Mizuho boosted their price objective on USA Compression Partners from $24.00 to $26.00 and gave the company a "neutral" rating in a report on Monday, February 3rd. Four research analysts have rated the stock with a hold rating and one has given a buy rating to the company. According to data from MarketBeat.com, USA Compression Partners has a consensus rating of "Hold" and a consensus price target of $26.50.

USA Compression Partners Company Profile

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.