Analysts Set USA Compression Partners LP (NYSE:USAC) Target Price at $25.60

Shares of USA Compression Partners LP (NYSE:USAC) have been assigned a consensus recommendation of “Hold” from the five research firms that are covering the firm, MarketBeat.com reports. Four equities research analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. The average 12-month price objective among brokerages that have covered the stock in the last year is $25.60.

USAC has been the topic of a number of recent research reports. StockNews.com cut shares of USA Compression Partners from a “buy” rating to a “hold” rating in a research report on Thursday, July 11th. Citigroup initiated coverage on shares of USA Compression Partners in a research report on Friday, September 27th. They set a “neutral” rating and a $23.00 price target on the stock. Royal Bank of Canada lifted their price target on shares of USA Compression Partners from $26.00 to $27.00 and gave the company a “sector perform” rating in a research report on Wednesday, October 16th. Finally, Mizuho reduced their price target on shares of USA Compression Partners from $25.00 to $24.00 and set a “neutral” rating on the stock in a research report on Wednesday, October 2nd.

Insiders Place Their Bets

In other USA Compression Partners news, insider Eric D. Long sold 21,396 shares of the stock in a transaction on Friday, August 23rd. The shares were sold at an average price of $22.27, for a total transaction of $476,488.92. Following the sale, the insider now directly owns 1,786 shares of the company’s stock, valued at approximately $39,774.22. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. In related news, insider Eric D. Long sold 1,786 shares of the stock in a transaction dated Monday, August 26th. The shares were sold at an average price of $22.81, for a total value of $40,738.66. Following the sale, the insider now owns 307,026 shares of the company’s stock, valued at $7,003,263.06. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Eric D. Long sold 21,396 shares of the stock in a transaction dated Friday, August 23rd. The stock was sold at an average price of $22.27, for a total transaction of $476,488.92. Following the completion of the sale, the insider now directly owns 1,786 shares in the company, valued at approximately $39,774.22. This trade represents a 0.00 % decrease in their position. The disclosure for this sale can be found here.

Institutional Trading of USA Compression Partners

Large investors have recently modified their holdings of the company. Sunbelt Securities Inc. boosted its position in shares of USA Compression Partners by 12.2% during the 2nd quarter. Sunbelt Securities Inc. now owns 4,445 shares of the oil and gas company’s stock valued at $105,000 after purchasing an additional 485 shares in the last quarter. Allworth Financial LP boosted its position in shares of 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 valued at $30,000 after purchasing an additional 1,283 shares in the last quarter. Objectivity Squared LLC boosted its position in shares of USA Compression Partners by 2.1% during the 2nd quarter. Objectivity Squared LLC now owns 202,199 shares of the oil and gas company’s stock valued at $4,986,000 after purchasing an additional 4,228 shares in the last quarter. F&V Capital Management LLC bought a new position in shares of USA Compression Partners during the 1st quarter valued at about $209,000. Finally, CFM Wealth Partners LLC boosted its position in shares of USA Compression Partners by 12.1% during the 2nd quarter. CFM Wealth Partners LLC now owns 75,796 shares of the oil and gas company’s stock valued at $1,799,000 after purchasing an additional 8,203 shares in the last quarter. Institutional investors and hedge funds own 47.77% of the company’s stock.

USA Compression Partners Price Performance

Shares of NYSE USAC opened at $22.08 on Tuesday. The company has a 50-day simple moving average of $22.47 and a 200-day simple moving average of $23.39. USA Compression Partners has a 12 month low of $21.06 and a 12 month high of $28.47. The company has a market cap of $2.27 billion, a PE ratio of 53.85 and a beta of 1.32.

USA Compression Partners (NYSE:USAC) last released its earnings results on Tuesday, August 6th. The oil and gas company reported $0.21 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.17 by $0.04. USA Compression Partners had a net margin of 9.77% and a negative return on equity of 40.62%. The business had revenue of $235.31 million for the quarter, compared to analysts’ expectations of $232.86 million. On average, analysts anticipate that USA Compression Partners will post 0.82 EPS for the current year.

USA Compression Partners Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, November 1st. Investors of record on Monday, October 21st will be issued a $0.525 dividend. The ex-dividend date of this dividend is Monday, October 21st. This represents a $2.10 annualized dividend and a yield of 9.51%. USA Compression Partners’s dividend payout ratio is presently 512.20%.

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.