Alps Advisors Inc. Has $410.54 Million Stake in USA Compression Partners, LP $USAC

Alps Advisors Inc. lifted its position in shares of USA Compression Partners, LP (NYSE:USAC) by 9.6% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 17,105,738 shares of the oil and gas company’s stock after purchasing an additional 1,500,640 shares during the period. USA Compression Partners accounts for 2.3% of Alps Advisors Inc.’s portfolio, making the stock its 9th largest holding. Alps Advisors Inc. owned 13.94% of USA Compression Partners worth $410,538,000 at the end of the most recent reporting period.

Other hedge funds have also bought and sold shares of the company. State of Wyoming acquired a new position in USA Compression Partners during the third quarter worth approximately $64,000. CFM Wealth Partners LLC boosted its stake in shares of USA Compression Partners by 9.9% during the 3rd quarter. CFM Wealth Partners LLC now owns 92,125 shares of the oil and gas company’s stock worth $2,211,000 after acquiring an additional 8,326 shares during the period. MGO One Seven LLC bought a new position in shares of USA Compression Partners during the 3rd quarter worth approximately $307,000. D.A. Davidson & CO. increased its holdings in shares of USA Compression Partners by 4.9% during the 3rd quarter. D.A. Davidson & CO. now owns 24,357 shares of the oil and gas company’s stock worth $585,000 after acquiring an additional 1,130 shares during the last quarter. Finally, GraniteShares Advisors LLC raised its stake in USA Compression Partners by 9.7% in the 3rd quarter. GraniteShares Advisors LLC now owns 129,907 shares of the oil and gas company’s stock valued at $3,118,000 after acquiring an additional 11,441 shares during the period. 47.77% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

USAC has been the subject of a number of research analyst reports. Wall Street Zen raised shares of USA Compression Partners from a “hold” rating to a “buy” rating in a research report on Saturday. Mizuho raised their target price on shares of USA Compression Partners from $23.00 to $25.00 and gave the stock a “neutral” rating in a research note on Monday, January 12th. Citigroup reaffirmed a “neutral” rating on shares of USA Compression Partners in a report on Tuesday, December 2nd. Finally, Zacks Research cut shares of USA Compression Partners from a “strong-buy” rating to a “hold” rating in a report on Thursday, January 1st. Three analysts have rated the stock with a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Reduce” and an average price target of $25.67.

USA Compression Partners Stock Performance

Shares of USA Compression Partners stock opened at $26.35 on Friday. The firm has a 50-day moving average of $24.48 and a 200-day moving average of $23.95. The stock has a market cap of $3.23 billion, a PE ratio of 32.94 and a beta of 0.23. USA Compression Partners, LP has a 52-week low of $21.59 and a 52-week high of $30.10.

USA Compression Partners (NYSE:USAC) last released its quarterly earnings results on Wednesday, November 5th. The oil and gas company reported $0.26 EPS for the quarter, topping analysts’ consensus estimates of $0.22 by $0.04. The business had revenue of $250.26 million for the quarter, compared to analyst estimates of $250.23 million. USA Compression Partners had a net margin of 10.99% and a negative return on equity of 76.84%. Equities research analysts predict that USA Compression Partners, LP will post 1.05 earnings per share for the current fiscal year.

USA Compression Partners Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, February 6th. Investors of record on Monday, January 26th were paid a $0.525 dividend. This represents a $2.10 annualized dividend and a dividend yield of 8.0%. The ex-dividend date was Monday, January 26th. USA Compression Partners’s payout ratio is 262.50%.

USA Compression Partners 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.