Brokerages Set USA Compression Partners LP (NYSE:USAC) PT at $25.80

Shares of USA Compression Partners LP (NYSE:USAC) have received an average rating of “Hold” from the five research firms that are covering the firm, Marketbeat reports. Four analysts have rated the stock with a hold recommendation and one has assigned a buy recommendation to the company. The average 12-month price target among brokerages that have updated their coverage on the stock in the last year is $25.80.

A number of equities research analysts have recently issued reports on the stock. Citigroup assumed coverage on shares of USA Compression Partners in a report on Friday, September 27th. They set a “neutral” rating and a $23.00 target price for the company. Royal Bank of Canada reaffirmed a “sector perform” rating and set a $26.00 target price on shares of USA Compression Partners in a report on Thursday, September 12th. Finally, StockNews.com lowered shares of USA Compression Partners from a “buy” rating to a “hold” rating in a report on Thursday, July 11th.

Insider Activity at USA Compression Partners

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

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of the stock. Sunbelt Securities Inc. lifted its position in USA Compression Partners by 12.2% in the second quarter. Sunbelt Securities Inc. now owns 4,445 shares of the oil and gas company’s stock valued at $105,000 after buying an additional 485 shares during the last quarter. Creekmur Asset Management LLC acquired a new position in USA Compression Partners in the fourth quarter valued at about $46,000. Objectivity Squared LLC lifted its position in USA Compression Partners by 2.1% in the second quarter. Objectivity Squared LLC now owns 202,199 shares of the oil and gas company’s stock valued at $4,986,000 after buying an additional 4,228 shares during the last quarter. F&V Capital Management LLC acquired a new position in USA Compression Partners in the first quarter valued at about $209,000. Finally, CFM Wealth Partners LLC lifted its position in USA Compression Partners by 12.1% in the second quarter. CFM Wealth Partners LLC now owns 75,796 shares of the oil and gas company’s stock valued at $1,799,000 after buying an additional 8,203 shares during the last quarter. Institutional investors and hedge funds own 47.77% of the company’s stock.

USA Compression Partners Stock Performance

NYSE:USAC opened at $23.18 on Friday. The company has a fifty day moving average of $22.34 and a two-hundred day moving average of $23.97. The stock has a market capitalization of $2.71 billion, a PE ratio of 56.54 and a beta of 1.32. USA Compression Partners has a fifty-two week low of $21.06 and a fifty-two week high of $28.47.

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

USA Compression Partners Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, August 2nd. Investors of record on Monday, July 22nd were issued a $0.525 dividend. This represents a $2.10 dividend on an annualized basis and a dividend yield of 9.06%. The ex-dividend date of this dividend was Monday, July 22nd. USA Compression Partners’s dividend payout ratio is currently 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.