USA Compression Partners (NYSE:USAC) Director Bradford Whitehurst Buys 4,000 Shares of Stock

USA Compression Partners, LP (NYSE:USAC) Director Bradford Whitehurst bought 4,000 shares of USA Compression Partners stock in a transaction that occurred on Thursday, August 20th. The stock was bought at an average cost of $26.40 per share, for a total transaction of $105,600.00. Following the purchase, the director owned 37,616 shares in the company, valued at $993,062.40. This represents a 11.90% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link.

USA Compression Partners Price Performance

Shares of NYSE:USAC opened at $26.43 on Tuesday. The business’s fifty day moving average price is $26.23 and its two-hundred day moving average price is $27.14. The stock has a market cap of $3.83 billion, a PE ratio of 24.93 and a beta of 0.22. The company has a debt-to-equity ratio of 10.25, a quick ratio of 0.68 and a current ratio of 1.35. USA Compression Partners, LP has a one year low of $21.85 and a one year high of $30.55.

USA Compression Partners (NYSE:USAC) last released its quarterly earnings results 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. USA Compression Partners had a return on equity of 179.77% and a net margin of 12.43%.The company had revenue of $342.15 million during the quarter, compared to analysts’ expectations of $340.49 million. On average, analysts forecast that USA Compression Partners, LP will post 1 EPS for the current fiscal year.

USA Compression Partners Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, August 7th. Investors of record on Monday, July 27th were given a dividend of $0.525 per share. This represents a $2.10 dividend on an annualized basis and a yield of 7.9%. The ex-dividend date was Monday, July 27th. USA Compression Partners’s dividend payout ratio (DPR) is currently 198.11%.

Wall Street Analysts Forecast Growth

A number of research analysts have issued reports on USAC shares. Citigroup upped their target price on shares of USA Compression Partners from $26.00 to $28.00 and gave the company a “neutral” rating in a report on Wednesday, May 13th. Zacks Research downgraded shares of USA Compression Partners from a “hold” rating to a “strong sell” rating in a report on Monday, July 6th. Mizuho boosted their price objective on shares of USA Compression Partners from $28.00 to $29.00 and gave the company a “neutral” rating in a research report on Friday, June 12th. Finally, Royal Bank Of Canada upped their price objective on shares of USA Compression Partners from $29.00 to $30.00 and gave the company a “sector perform” rating in a research note on Friday, June 5th. One equities research 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. According to MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $29.25.

Hedge Funds Weigh In On USA Compression Partners

Several institutional investors have recently added to or reduced their stakes in the business. Goldman Sachs Group Inc. lifted its position in USA Compression Partners by 82.7% during the first quarter. Goldman Sachs Group Inc. now owns 2,863,377 shares of the oil and gas company’s stock worth $77,254,000 after buying an additional 1,296,339 shares during the period. Raymond James Financial Inc. grew its holdings in USA Compression Partners by 1.5% in the 2nd quarter. Raymond James Financial Inc. now owns 548,743 shares of the oil and gas company’s stock valued at $13,340,000 after buying an additional 8,169 shares during the period. HRT Financial LP purchased a new stake in USA Compression Partners in the 2nd quarter valued at about $1,555,000. Corient Private Wealth LLC increased its stake in shares of USA Compression Partners by 131.7% during the 2nd quarter. Corient Private Wealth LLC now owns 412,900 shares of the oil and gas company’s stock valued at $10,038,000 after acquiring an additional 234,730 shares during the last quarter. Finally, BNP Paribas Financial Markets increased its stake in shares of USA Compression Partners by 233.3% during 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. 47.77% of the stock is currently owned by institutional investors and hedge funds.

About USA Compression Partners

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.