USA Compression Partners, LP (NYSE:USAC) Stock Now Rated “Hold” by Sell-Side Brokerages

USA Compression Partners, LP (NYSE:USAC) has been assigned an average rating of “Hold” from the six analysts that are covering the firm, Marketbeat reports. Five analysts have rated the stock with a hold rating and one has assigned a strong buy rating to the company. The average 1 year price target among brokers that have updated their coverage on the stock in the last year is $29.50.

Several analysts recently weighed in on the stock. Zacks Research upgraded shares of USA Compression Partners from a “strong sell” rating to a “hold” rating in a report on Monday, August 31st. Mizuho upped their price objective on shares of USA Compression Partners from $28.00 to $29.00 and gave the stock a “neutral” rating in a report on Friday, June 12th. Royal Bank Of Canada raised their target price on shares of USA Compression Partners from $30.00 to $31.00 and gave the stock a “sector perform” rating in a research report on Tuesday, September 1st. Finally, Wall Street Zen cut shares of USA Compression Partners from a “buy” rating to a “hold” rating in a research report on Saturday, September 26th.

Insider Buying and Selling

In other news, Director Bradford Whitehurst acquired 6,000 shares of the business’s stock in a transaction on Friday, August 21st. The shares were acquired at an average cost of $26.10 per share, with a total value of $156,600.00. Following the transaction, the director owned 43,616 shares in the company, valued at $1,138,377.60. The trade was a 15.95% increase in their position. The acquisition was disclosed in a filing with the SEC, which can be accessed through this link.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in the company. Tidal Investments LLC lifted its stake in shares of USA Compression Partners by 49.2% in the 2nd quarter. Tidal Investments LLC now owns 11,231 shares of the oil and gas company’s stock valued at $296,000 after purchasing an additional 3,704 shares during the period. Corient Private Wealth LP grew its stake in USA Compression Partners by 7.1% in the second quarter. Corient Private Wealth LP now owns 226,316 shares of the oil and gas company’s stock worth $5,972,000 after purchasing an additional 14,931 shares during the period. Ameritas Advisory Services LLC bought a new position in USA Compression Partners in the second quarter worth $238,000. First Bancorp Inc ME bought a new position in USA Compression Partners in the second quarter worth $117,000. Finally, Bank of New York Mellon Corp purchased a new position in USA Compression Partners during the second quarter valued at $423,000. Institutional investors own 47.77% of the company’s stock.

USA Compression Partners Trading Down 0.1%

USAC opened at $25.39 on Thursday. USA Compression Partners has a one year low of $21.85 and a one year high of $30.55. The company has a debt-to-equity ratio of 10.25, a current ratio of 1.35 and a quick ratio of 0.68. The business has a 50 day simple moving average of $26.35 and a two-hundred day simple moving average of $27.01. The firm has a market capitalization of $3.68 billion, a price-to-earnings ratio of 23.95 and a beta of 0.28.

USA Compression Partners (NYSE:USAC) last issued its quarterly earnings data on Tuesday, August 4th. The oil and gas company reported $0.31 earnings per share for the quarter, topping analysts’ consensus estimates of $0.28 by $0.03. The firm had revenue of $342.15 million for the quarter, compared to analyst estimates of $340.49 million. USA Compression Partners had a return on equity of 179.77% and a net margin of 12.43%. Analysts predict that USA Compression Partners will post 1.18 EPS for the current year.

USA Compression Partners Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, August 7th. Shareholders of record on Monday, July 27th were issued a $0.5250 dividend. The ex-dividend date was Monday, July 27th. This represents a $2.10 annualized dividend and a yield of 8.3%. USA Compression Partners’s dividend payout ratio (DPR) is 198.11%.

USA Compression Partners Company Profile

USA Compression Partners, LP (NYSE: USAC) is a master limited partnership that provides natural gas compression services to infrastructure operators and producers in the United States. The company owns and operates a fleet of natural gas compression units and supplies compression under long-term and short-term contracts.

Its equipment and services support several stages of the natural gas value chain, including gathering, processing, transmission, storage and production. Compression helps maintain the pressure needed to move natural gas through pipelines and other infrastructure, making the company a service provider to midstream and upstream energy businesses.

USA Compression Partners serves customers across major U.S.