XTX Topco Ltd Purchases New Position in USA Compression Partners LP (NYSE:USAC)

XTX Topco Ltd acquired a new stake in USA Compression Partners LP (NYSE:USAC - Free Report) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 24,474 shares of the oil and gas company's stock, valued at approximately $577,000.

Other hedge funds have also recently bought and sold shares of the company. Strategic Financial Concepts LLC acquired a new stake in shares of USA Compression Partners during the 4th quarter valued at $333,000. Sanctuary Advisors LLC boosted its position 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 purchasing an additional 766 shares during the period. Raymond James Financial Inc. purchased a new position in USA Compression Partners in the 4th quarter worth about $13,905,000. Stifel Financial Corp acquired a new stake in USA Compression Partners during the 3rd quarter worth about $210,000. Finally, Truist Financial Corp acquired a new position in shares of USA Compression Partners in the fourth quarter worth about $2,428,000. 47.77% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several equities research analysts recently commented on the stock. Citigroup upped their price target on shares of USA Compression Partners from $24.00 to $27.00 and gave the company a "neutral" rating in a research report on Tuesday, February 25th. Mizuho upped their price objective on shares of USA Compression Partners from $24.00 to $26.00 and gave the company a "neutral" rating in a research note on Monday, February 3rd. Finally, JPMorgan Chase & Co. upped their price target on shares of USA Compression Partners from $23.00 to $24.00 and gave the stock an "underweight" rating in a research note on Tuesday, March 11th. One investment analyst has rated the stock with a sell rating and four have issued a hold rating to the company. According to data from MarketBeat, USA Compression Partners currently has an average rating of "Hold" and a consensus target price of $26.00.

USA Compression Partners Stock Up 1.8 %

USAC stock traded up $0.44 during mid-day trading on Thursday, reaching $25.54. 93,342 shares of the stock traded hands, compared to its average volume of 350,612. USA Compression Partners LP has a 52 week low of $21.06 and a 52 week high of $30.10. The firm has a market capitalization of $3.00 billion, a PE ratio of 34.99 and a beta of 0.84. The business has a 50-day moving average of $25.99 and a two-hundred day moving average of $24.64.

USA Compression Partners (NYSE:USAC - Get Free Report) last released its earnings results on Tuesday, February 11th. The oil and gas company reported $0.18 EPS 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%. On average, equities research analysts anticipate that USA Compression Partners LP will post 1.05 EPS for the current fiscal year.

USA Compression Partners Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, May 9th. Stockholders of record on Monday, April 28th will be issued a dividend of $0.525 per share. This represents a $2.10 dividend on an annualized basis and a dividend yield of 8.22%. This is an increase from USA Compression Partners's previous quarterly dividend of $0.51. The ex-dividend date of this dividend is Monday, April 28th. USA Compression Partners's dividend payout ratio (DPR) is presently 287.67%.

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.