USA Compression Partners LP (NYSE:USAC) Director Veteran Equity Aggregator Eig Sells 35,252 Shares

USA Compression Partners LP (NYSE:USAC) Director Veteran Equity Aggregator Eig sold 35,252 shares of the stock in a transaction dated Monday, November 20th. The shares were sold at an average price of $25.63, for a total transaction of $903,508.76. Following the completion of the sale, the director now owns 2,396,857 shares of the company’s stock, valued at approximately $61,431,444.91. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink.

Veteran Equity Aggregator Eig also recently made the following trade(s):

• On Friday, November 17th, Veteran Equity Aggregator Eig sold 3,365 shares of USA Compression Partners stock. The stock was sold at an average price of $25.88, for a total transaction of $87,086.20.

USA Compression Partners Price Performance

Shares of NYSE:USAC traded down $0.20 during mid-day trading on Monday, reaching $25.52. 256,308 shares of the company were exchanged, compared to its average volume of 192,282. The firm has a market cap of $2.51 billion, a price-to-earnings ratio of 171.47 and a beta of 1.44. The firm’s 50-day simple moving average is $24.61 and its 200 day simple moving average is $21.65. USA Compression Partners LP has a 1 year low of $17.80 and a 1 year high of $26.61.

USA Compression Partners (NYSE:USAC) last posted its quarterly earnings data on Tuesday, October 31st. The oil and gas company reported $0.09 earnings per share for the quarter, missing analysts’ consensus estimates of $0.11 by ($0.02). The company had revenue of $217.09 million for the quarter, compared to analysts’ expectations of $208.37 million. USA Compression Partners had a negative return on equity of 32.50% and a net margin of 7.86%. On average, research analysts forecast that USA Compression Partners LP will post 0.31 earnings per share for the current fiscal year.

USA Compression Partners Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, November 3rd. Shareholders of record on Monday, October 23rd were given a $0.525 dividend. The ex-dividend date of this dividend was Friday, October 20th. This represents a $2.10 annualized dividend and a yield of 8.23%. USA Compression Partners’s dividend payout ratio is presently 1,400.00%.

Wall Street Analyst Weigh In

A number of analysts have recently issued reports on USAC shares. TheStreet upgraded shares of USA Compression Partners from a “c+” rating to a “b-” rating in a report on Thursday, August 17th. Stifel Nicolaus raised their price target on shares of USA Compression Partners from $22.00 to $24.00 and gave the stock a “hold” rating in a report on Wednesday, November 1st. Royal Bank of Canada raised their price target on shares of USA Compression Partners from $21.00 to $22.00 and gave the stock a “sector perform” rating in a report on Thursday, August 3rd. StockNews.com started coverage on shares of USA Compression Partners in a report on Thursday, October 5th. They set a “buy” rating for the company. Finally, Mizuho downgraded shares of USA Compression Partners from a “neutral” rating to an “underperform” rating and set a $22.00 price target for the company. in a report on Friday, September 29th. Two equities research analysts have rated the stock with a sell rating, two have issued a hold rating and one has issued a buy rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $22.00.

Hedge Funds Weigh In On USA Compression Partners

Several hedge funds and other institutional investors have recently added to or reduced their stakes in USAC. HighTower Advisors LLC boosted its position in USA Compression Partners by 38.8% in the 1st quarter. HighTower Advisors LLC now owns 18,250 shares of the oil and gas company’s stock valued at $321,000 after buying an additional 5,102 shares during the period. Oxford Financial Group Ltd. purchased a new position in USA Compression Partners in the 1st quarter valued at approximately $264,000. SVB Wealth LLC purchased a new position in USA Compression Partners in the 1st quarter valued at approximately $225,000. Invesco Ltd. boosted its position in USA Compression Partners by 0.3% in the 1st quarter. Invesco Ltd. now owns 17,488,613 shares of the oil and gas company’s stock valued at $307,975,000 after buying an additional 50,981 shares during the period. Finally, Atria Wealth Solutions Inc. purchased a new stake in shares of USA Compression Partners during the 1st quarter worth $228,000. Hedge funds and other institutional investors own 23.51% of the company’s stock.

About USA Compression Partners

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.