USA Compression Partners (NYSE:USAC) Shares Break Below Two Hundred Day Moving Average – Time to Sell?

USA Compression Partners, LP (NYSE:USAC)’s share price crossed below its 200-day moving average during trading on Monday. The stock has a 200-day moving average of $26.92 and traded as low as $25.33. USA Compression Partners shares last traded at $25.66, with a volume of 173,137 shares trading hands.

Wall Street Analysts Forecast Growth

Several equities analysts have weighed in on the company. Zacks Research upgraded USA Compression Partners from a “strong sell” rating to a “hold” rating in a report on Monday, August 31st. Wall Street Zen cut USA Compression Partners from a “buy” rating to a “hold” rating in a report on Saturday, September 26th. Finally, Royal Bank Of Canada increased their target price on USA Compression Partners from $30.00 to $31.00 and gave the company a “sector perform” rating in a research report on Tuesday, September 1st. One analyst has rated the stock with a Strong Buy rating and five have assigned a Hold rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $29.50.

USA Compression Partners Stock Down 3.5%

The company has a market cap of $3.60 billion, a PE ratio of 23.45 and a beta of 0.28. The company has a fifty day moving average of $26.30 and a two-hundred day moving average of $26.87. 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 (NYSE:USAC) last posted its quarterly earnings data on Tuesday, August 4th. The oil and gas company reported $0.31 earnings per share for the quarter, beating analysts’ consensus estimates of $0.28 by $0.03. USA Compression Partners had a net margin of 12.43% and a return on equity of 179.77%. The business had revenue of $342.15 million for the quarter, compared to analysts’ expectations of $340.49 million. As a group, analysts anticipate that USA Compression Partners, LP will post 1.16 earnings per share for the current fiscal year.

USA Compression Partners Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, August 7th. Investors of record on Monday, July 27th were paid a dividend of $0.5250 per share. The ex-dividend date of this dividend was Monday, July 27th. This represents a $2.10 dividend on an annualized basis and a dividend yield of 8.4%. USA Compression Partners’s payout ratio is currently 198.11%.

Insider Buying and Selling

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

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of USAC. Royal Bank of Canada lifted its stake in shares of USA Compression Partners by 38.5% during the 1st quarter. Royal Bank of Canada now owns 176,124 shares of the oil and gas company’s stock worth $4,776,000 after acquiring an additional 48,978 shares during the last quarter. Sanctuary Advisors LLC boosted its holdings in USA Compression Partners by 28.9% during the 1st quarter. Sanctuary Advisors LLC now owns 73,991 shares of the oil and gas company’s stock valued at $2,007,000 after acquiring an additional 16,583 shares during the period. Bank of New York Mellon Corp purchased a new position in USA Compression Partners during the 2nd quarter valued at $423,000. Corient Private Wealth LP boosted its holdings in USA Compression Partners by 7.1% during the 2nd quarter. Corient Private Wealth LP now owns 226,316 shares of the oil and gas company’s stock valued at $5,972,000 after acquiring an additional 14,931 shares during the period. Finally, Chickasaw Capital Management LLC grew its position in USA Compression Partners by 6.2% in the 3rd quarter. Chickasaw Capital Management LLC now owns 172,000 shares of the oil and gas company’s stock valued at $4,278,000 after acquiring an additional 10,000 shares during the last quarter. Hedge funds and other institutional investors own 47.77% of the company’s stock.

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.