USA Compression Partners LP (NYSE:USAC) Receives Average Rating of “Hold” from Analysts

Shares of USA Compression Partners LP (NYSE:USAC) have been given an average recommendation of “Hold” by the five analysts that are covering the company, Marketbeat.com reports. One analyst has rated the stock with a sell recommendation, three have issued a hold recommendation and one has issued a buy recommendation on the company. The average 12-month target price among brokers that have updated their coverage on the stock in the last year is $26.80.

A number of research firms have recently commented on USAC. Citigroup increased their target price on USA Compression Partners from $24.00 to $27.00 and gave the company a “neutral” rating in a research report on Tuesday, February 25th. Mizuho lifted their target price on USA Compression Partners from $24.00 to $26.00 and gave the company a “neutral” rating in a research note on Monday, February 3rd. JPMorgan Chase & Co. raised their price target on USA Compression Partners from $23.00 to $24.00 and gave the stock an “underweight” rating in a report on Tuesday, March 11th. Finally, Royal Bank of Canada reaffirmed a “sector perform” rating and set a $27.00 target price on shares of USA Compression Partners in a report on Friday, November 22nd.

Institutional Trading of USA Compression Partners

Several large investors have recently made changes to their positions in USAC. Raymond James Financial Inc. purchased a new stake in shares of USA Compression Partners during the fourth quarter worth approximately $13,905,000. Invesco Ltd. boosted its stake in USA Compression Partners by 0.9% during the fourth quarter. Invesco Ltd. now owns 12,274,451 shares of the oil and gas company’s stock worth $289,186,000 after buying an additional 107,058 shares during the last quarter. Truist Financial Corp acquired a new position in USA Compression Partners during the fourth quarter worth $2,428,000. Mallini Complete Financial Planning LLC acquired a new position in USA Compression Partners during the fourth quarter worth $2,176,000. Finally, Jane Street Group LLC boosted its stake in USA Compression Partners by 236.0% during the fourth quarter. Jane Street Group LLC now owns 130,270 shares of the oil and gas company’s stock worth $3,069,000 after buying an additional 91,499 shares during the last quarter. 47.77% of the stock is currently owned by hedge funds and other institutional investors.

USA Compression Partners Trading Up 1.7 %

USA Compression Partners stock opened at $26.83 on Tuesday. The firm has a 50 day moving average of $26.44 and a 200 day moving average of $24.09. The firm has a market capitalization of $3.15 billion, a price-to-earnings ratio of 36.76 and a beta of 1.31. USA Compression Partners has a 12-month low of $21.06 and a 12-month high of $30.10.

USA Compression Partners (NYSE:USAC) last announced its quarterly earnings data on Tuesday, February 11th. The oil and gas company reported $0.18 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.24 by ($0.06). USA Compression Partners had a net margin of 10.48% and a negative return on equity of 62.46%. On average, analysts predict that USA Compression Partners will post 1.05 EPS for the current year.

USA Compression Partners Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, February 7th. Stockholders of record on Monday, January 27th were given a $0.525 dividend. This represents a $2.10 dividend on an annualized basis and a dividend yield of 7.83%. The ex-dividend date of this dividend was Monday, January 27th. USA Compression Partners’s dividend payout ratio (DPR) is presently 287.67%.

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.