UBS Group AG lessened its holdings in USA Compression Partners, LP (NYSE:USAC – Free Report) by 38.0% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 530,578 shares of the oil and gas company’s stock after selling 325,240 shares during the quarter. UBS Group AG’s holdings in USA Compression Partners were worth $12,203,000 as of its most recent SEC filing.
A number of other hedge funds and other institutional investors also recently bought and sold shares of the business. CWM LLC purchased a new stake in USA Compression Partners during the 3rd quarter worth about $34,000. BNP Paribas Financial Markets increased its holdings in shares of USA Compression Partners by 233.3% in the 3rd quarter. BNP Paribas Financial Markets now owns 1,443 shares of the oil and gas company’s stock valued at $35,000 after acquiring an additional 1,010 shares during the last quarter. State of Wyoming acquired a new stake in shares of USA Compression Partners during the 3rd quarter worth about $64,000. Caprock Group LLC acquired a new stake in shares of USA Compression Partners during the 3rd quarter worth about $205,000. Finally, Ameritas Advisory Services LLC acquired a new stake in shares of USA Compression Partners during the 3rd quarter worth about $216,000. 47.77% of the stock is currently owned by institutional investors and hedge funds.
USA Compression Partners Stock Performance
Shares of USAC stock opened at $29.39 on Friday. The stock has a market capitalization of $4.26 billion, a PE ratio of 30.29 and a beta of 0.22. USA Compression Partners, LP has a 52-week low of $21.85 and a 52-week high of $29.67. The stock’s 50-day moving average price is $27.63 and its 200 day moving average price is $25.68. The company has a quick ratio of 0.55, a current ratio of 1.55 and a debt-to-equity ratio of 9.41.
USA Compression Partners Announces Dividend
The business also recently declared a quarterly dividend, which was paid on Friday, May 8th. Investors of record on Monday, April 27th were issued a dividend of $0.525 per share. The ex-dividend date of this dividend was Monday, April 27th. This represents a $2.10 annualized dividend and a dividend yield of 7.1%. USA Compression Partners’s dividend payout ratio (DPR) is currently 216.49%.
Analyst Ratings Changes
A number of equities analysts recently issued reports on the company. Citigroup upped their price target on USA Compression Partners from $26.00 to $28.00 and gave the company a “neutral” rating in a report on Wednesday. Texas Capital raised shares of USA Compression Partners from a “hold” rating to a “strong-buy” rating in a report on Monday, March 9th. Stifel Nicolaus boosted their price objective on shares of USA Compression Partners from $27.00 to $30.00 and gave the stock a “hold” rating in a research report on Wednesday, February 18th. Zacks Research cut shares of USA Compression Partners from a “strong-buy” rating to a “hold” rating in a report on Thursday, April 16th. Finally, Wall Street Zen downgraded shares of USA Compression Partners from a “buy” rating to a “hold” rating in a research report on Saturday, February 21st. One investment analyst has rated the stock with a Strong Buy rating, four have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $27.00.
Check Out Our Latest Stock Report on USA Compression Partners
USA Compression Partners Company Profile
USA Compression Partners (NYSE: USAC) is a Houston-based master limited partnership specializing in natural gas compression services for oil and gas producers. The company offers a full suite of midstream compression solutions designed to enhance production flow and optimize field operations. Its core activities include the design, engineering, fabrication, installation, operation and maintenance of natural gas compression equipment onshore across key U.S. basins.
USA Compression’s product and service offerings encompass new equipment deployment, aftermarket parts and component sales, field service support, and instrumentation and control systems.
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