USA Compression Partners LP (NYSE:USAC) Receives $26.50 Average Price Target from Analysts

Shares of USA Compression Partners LP (NYSE:USAC) have received an average rating of “Hold” from the four analysts that are presently covering the company, MarketBeat reports. Three research analysts have rated the stock with a hold rating and one has given a buy rating to the company. The average twelve-month target price among brokers that have issued a report on the stock in the last year is $26.50.

A number of brokerages have weighed in on USAC. Royal Bank of Canada reiterated a “sector perform” rating and issued a $26.00 price target on shares of USA Compression Partners in a report on Tuesday, June 11th. Raymond James boosted their price target on USA Compression Partners from $28.00 to $30.00 and gave the company an “outperform” rating in a research report on Tuesday, April 16th. Mizuho upgraded USA Compression Partners from an “underperform” rating to a “neutral” rating and raised their price objective for the stock from $23.00 to $26.00 in a report on Thursday, May 30th. Finally, StockNews.com cut USA Compression Partners from a “buy” rating to a “hold” rating in a report on Thursday, July 11th.

USA Compression Partners Trading Up 3.4 %

USA Compression Partners stock opened at $21.80 on Friday. The stock has a fifty day moving average price of $23.68 and a 200 day moving average price of $24.81. USA Compression Partners has a 52 week low of $19.75 and a 52 week high of $28.47. The firm has a market capitalization of $2.25 billion, a P/E ratio of 52.61 and a beta of 1.33.

USA Compression Partners (NYSE:USAC) last posted its quarterly earnings data on Tuesday, May 7th. The oil and gas company reported $0.16 EPS for the quarter, beating analysts’ consensus estimates of $0.12 by $0.04. USA Compression Partners had a net margin of 9.21% and a negative return on equity of 31.50%. The company had revenue of $229.28 million during the quarter, compared to the consensus estimate of $226.43 million. As a group, equities analysts predict that USA Compression Partners will post 0.77 EPS for the current year.

USA Compression Partners Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, August 2nd. Stockholders of record on Monday, July 22nd were paid a $0.525 dividend. The ex-dividend date was Monday, July 22nd. This represents a $2.10 dividend on an annualized basis and a dividend yield of 9.63%. USA Compression Partners’s dividend payout ratio (DPR) is currently 512.20%.

Insider Buying and Selling

In other USA Compression Partners news, major shareholder Veteran Equity Aggregator Eig sold 2,776,383 shares of the stock in a transaction that occurred on Friday, June 14th. The shares were sold at an average price of $23.00, for a total value of $63,856,809.00. Following the completion of the sale, the insider now owns 2,754,315 shares of the company’s stock, valued at $63,349,245. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. In other USA Compression Partners news, major shareholder Veteran Equity Aggregator Eig sold 2,776,383 shares of the company’s stock in a transaction dated Friday, June 14th. The shares were sold at an average price of $23.00, for a total value of $63,856,809.00. Following the completion of the transaction, the insider now directly owns 2,754,315 shares of the company’s stock, valued at approximately $63,349,245. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, Director Bradford D. Whitehurst bought 10,000 shares of the company’s stock in a transaction dated Friday, May 10th. The shares were acquired at an average cost of $24.66 per share, for a total transaction of $246,600.00. Following the completion of the transaction, the director now owns 13,616 shares of the company’s stock, valued at approximately $335,770.56. The disclosure for this purchase can be found here. In the last ninety days, insiders have sold 2,990,252 shares of company stock valued at $69,071,640.

Hedge Funds Weigh In On USA Compression Partners

A number of institutional investors have recently made changes to their positions in the business. Creekmur Asset Management LLC acquired a new stake in USA Compression Partners in the fourth quarter valued at $46,000. JNBA Financial Advisors acquired a new stake in shares of USA Compression Partners in the 4th quarter valued at about $46,000. Tower Research Capital LLC TRC lifted its position in shares of USA Compression Partners by 914.6% during the fourth quarter. Tower Research Capital LLC TRC now owns 3,196 shares of the oil and gas company’s stock worth $73,000 after purchasing an additional 2,881 shares during the last quarter. F&V Capital Management LLC bought a new position in shares of USA Compression Partners during the first quarter worth about $209,000. Finally, TSA Wealth Managment LLC acquired a new position in USA Compression Partners in the first quarter worth about $232,000. 47.77% of the stock is owned by institutional investors and hedge funds.

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.