USA Compression Partners (NYSE:USAC) Stock Crosses Above 200 Day Moving Average - Should You Sell?

USA Compression Partners LP (NYSE:USAC - Get Free Report)'s stock price passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $22.90 and traded as high as $25.75. USA Compression Partners shares last traded at $25.19, with a volume of 286,680 shares changing hands.

Analysts Set New Price Targets

A number of equities analysts have weighed in on USAC shares. Royal Bank of Canada reissued a "sector perform" rating and set a $27.00 price target on shares of USA Compression Partners in a research report on Friday, November 22nd. Mizuho decreased their target price on USA Compression Partners from $25.00 to $24.00 and set a "neutral" rating on the stock in a report on Wednesday, October 2nd. Finally, Citigroup started coverage on USA Compression Partners in a report on Friday, September 27th. They set a "neutral" rating and a $23.00 price target for the company. Four research analysts have rated the stock with a hold rating and one has given a buy rating to the stock. According to MarketBeat.com, USA Compression Partners has a consensus rating of "Hold" and a consensus target price of $26.00.

USA Compression Partners Price Performance

The stock has a market capitalization of $2.98 billion, a price-to-earnings ratio of 44.70 and a beta of 1.34. The company's 50-day simple moving average is $23.41 and its 200-day simple moving average is $22.92.

USA Compression Partners (NYSE:USAC - Get Free Report) last released its quarterly 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 negative return on equity of 47.53% and a net margin of 9.36%. The firm had revenue of $239.97 million for the quarter, compared to analyst estimates of $238.37 million. During the same period in the previous year, the business posted $0.09 earnings per share. Research analysts expect that USA Compression Partners LP will post 0.8 earnings per share for the current year.

USA Compression Partners Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, February 7th. Stockholders of record on Monday, January 27th will be given a $0.525 dividend. This represents a $2.10 dividend on an annualized basis and a dividend yield of 8.24%. USA Compression Partners's payout ratio is presently 368.43%.

Hedge Funds Weigh In On USA Compression Partners

A number of hedge funds have recently bought and sold shares of USAC. Infrastructure Capital Advisors LLC grew its position in shares of USA Compression Partners by 14.9% during the 3rd quarter. Infrastructure Capital Advisors LLC now owns 196,206 shares of the oil and gas company's stock worth $4,497,000 after purchasing an additional 25,439 shares in the last quarter. Americana Partners LLC acquired a new stake in USA Compression Partners during the third quarter worth approximately $322,000. Chicago Partners Investment Group LLC grew its position in USA Compression Partners by 20.7% during the third quarter. Chicago Partners Investment Group LLC now owns 75,770 shares of the oil and gas company's stock worth $1,663,000 after buying an additional 12,978 shares in the last quarter. D.A. Davidson & CO. bought a new position in USA Compression Partners during the 3rd quarter worth $279,000. Finally, Spring Capital Management LLC acquired a new position in USA Compression Partners in the 4th quarter valued at $283,000. 47.77% of the stock is owned by institutional investors.

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.