Mutual Advisors LLC Purchases New Shares in USA Compression Partners LP (NYSE:USAC)

Mutual Advisors LLC purchased a new position in USA Compression Partners LP (NYSE:USAC) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 27,743 shares of the oil and gas company’s stock, valued at approximately $633,000.

A number of other institutional investors have also added to or reduced their stakes in the company. HighTower Advisors LLC lifted its holdings in shares of USA Compression Partners by 38.8% during the first quarter. HighTower Advisors LLC now owns 18,250 shares of the oil and gas company’s stock valued at $321,000 after purchasing an additional 5,102 shares during the last quarter. Oxford Financial Group Ltd. bought a new position in USA Compression Partners during the 1st quarter valued at approximately $264,000. SVB Wealth LLC purchased a new position in USA Compression Partners during the first quarter valued at $225,000. Invesco Ltd. boosted its holdings in USA Compression Partners by 0.3% in the first quarter. Invesco Ltd. now owns 17,488,613 shares of the oil and gas company’s stock worth $307,975,000 after acquiring an additional 50,981 shares in the last quarter. Finally, Atria Wealth Solutions Inc. purchased a new stake in shares of USA Compression Partners in the first quarter worth $228,000. Institutional investors own 47.77% of the company’s stock.

Analyst Upgrades and Downgrades

USAC has been the topic of a number of analyst reports. Mizuho upped their price target on shares of USA Compression Partners from $22.00 to $23.00 and gave the stock an “underperform” rating in a research note on Wednesday, February 14th. StockNews.com cut shares of USA Compression Partners from a “buy” rating to a “hold” rating in a report on Thursday, January 11th. One research analyst has rated the stock with a sell rating and three have given a hold rating to the company’s stock. Based on data from MarketBeat, USA Compression Partners currently has a consensus rating of “Hold” and an average price target of $23.00.

USA Compression Partners Stock Performance

NYSE USAC opened at $26.65 on Thursday. USA Compression Partners LP has a one year low of $18.48 and a one year high of $28.38. The stock has a 50-day moving average of $25.65 and a 200 day moving average of $24.80. The company has a market capitalization of $2.74 billion, a price-to-earnings ratio of 126.89 and a beta of 1.29.

USA Compression Partners (NYSE:USAC) last announced its quarterly earnings results on Tuesday, February 13th. The oil and gas company reported $0.10 EPS for the quarter, missing analysts’ consensus estimates of $0.12 by ($0.02). The company had revenue of $225.05 million during the quarter, compared to the consensus estimate of $221.50 million. USA Compression Partners had a negative return on equity of 31.81% and a net margin of 8.07%. During the same quarter in the prior year, the firm earned ($0.04) earnings per share. On average, equities analysts predict that USA Compression Partners LP will post 0.57 earnings per share for the current fiscal year.

USA Compression Partners Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, February 2nd. Stockholders of record on Monday, January 22nd were issued a dividend of $0.525 per share. This represents a $2.10 annualized dividend and a dividend yield of 7.88%. This is a boost from USA Compression Partners’s previous quarterly dividend of $0.51. The ex-dividend date of this dividend was Friday, January 19th. USA Compression Partners’s dividend payout ratio is presently 1,000.05%.

Insider Transactions at USA Compression Partners

In related news, insider Eric D. Long sold 43,725 shares of the company’s stock in a transaction on Tuesday, February 27th. The stock was sold at an average price of $24.58, for a total transaction of $1,074,760.50. Following the completion of the sale, the insider now owns 312,346 shares in the company, valued at $7,677,464.68. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. In other news, major shareholder Veteran Equity Aggregator Eig sold 1,681,689 shares of USA Compression Partners stock in a transaction on Wednesday, January 24th. The shares were sold at an average price of $25.10, for a total transaction of $42,210,393.90. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, insider Eric D. Long sold 43,725 shares of the business’s stock in a transaction on Tuesday, February 27th. The shares were sold at an average price of $24.58, for a total transaction of $1,074,760.50. Following the sale, the insider now directly owns 312,346 shares of the company’s stock, valued at approximately $7,677,464.68. The disclosure for this sale can be found here. Insiders have sold a total of 1,866,269 shares of company stock worth $46,746,196 in the last ninety days.

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.