USA Compression Partners LP (NYSE:USAC) Receives $24.75 Average Target Price from Analysts

USA Compression Partners LP (NYSE:USAC) has received a consensus recommendation of “Hold” from the four ratings firms that are presently covering the firm, MarketBeat.com reports. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and one has given a buy rating to the company. The average twelve-month price target among analysts that have issued a report on the stock in the last year is $24.75.

A number of research firms recently commented on USAC. Raymond James boosted their price objective on shares of USA Compression Partners from $28.00 to $30.00 and gave the stock an “outperform” rating in a report on Tuesday, April 16th. StockNews.com downgraded shares of USA Compression Partners from a “buy” rating to a “hold” rating in a research note on Thursday, January 11th. Finally, 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 report on Wednesday, February 14th.

Insider Activity

In related news, major shareholder Veteran Equity Aggregator Eig sold 5,889,297 shares of the business’s stock in a transaction that occurred on Thursday, April 4th. The shares were sold at an average price of $25.12, for a total transaction of $147,939,140.64. Following the transaction, the insider now directly owns 5,882,528 shares of the company’s stock, valued at $147,769,103.36. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. In other news, major shareholder Veteran Equity Aggregator Eig sold 5,889,297 shares of the business’s stock in a transaction on Thursday, April 4th. The shares were sold at an average price of $25.12, for a total value of $147,939,140.64. Following the completion of the sale, the insider now directly owns 5,882,528 shares in the company, valued at $147,769,103.36. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, insider Eric D. Long sold 96,660 shares of the company’s stock in a transaction on Wednesday, February 21st. The shares were sold at an average price of $24.59, for a total transaction of $2,376,869.40. Following the transaction, the insider now owns 372,359 shares of the company’s stock, valued at $9,156,307.81. The disclosure for this sale can be found here. Insiders have sold 6,073,877 shares of company stock worth $152,474,943 over the last 90 days.

Institutional Investors Weigh In On USA Compression Partners

Large investors have recently made changes to their positions in the company. Creekmur Asset Management LLC bought a new position in shares of USA Compression Partners in the 4th quarter valued at about $46,000. JNBA Financial Advisors bought a new position in shares of USA Compression Partners during the 4th quarter worth approximately $46,000. Tower Research Capital LLC TRC grew its stake in shares of USA Compression Partners by 914.6% in the fourth quarter. Tower Research Capital LLC TRC now owns 3,196 shares of the oil and gas company’s stock valued at $73,000 after buying an additional 2,881 shares in the last quarter. F&V Capital Management LLC bought a new position in shares of USA Compression Partners in the first quarter valued at $209,000. Finally, Atria Wealth Solutions Inc. bought a new position in USA Compression Partners during the fourth quarter worth $207,000. Institutional investors own 47.77% of the company’s stock.

USA Compression Partners Price Performance

Shares of USAC opened at $24.65 on Wednesday. USA Compression Partners has a 1-year low of $18.48 and a 1-year high of $28.47. The stock has a market cap of $2.54 billion, a PE ratio of 117.36 and a beta of 1.30. The firm has a fifty day moving average price of $26.07 and a 200 day moving average price of $25.21.

USA Compression Partners (NYSE:USAC) last posted its quarterly earnings data 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). USA Compression Partners had a net margin of 8.07% and a negative return on equity of 31.81%. The business had revenue of $225.05 million during the quarter, compared to analyst estimates of $221.50 million. During the same quarter in the prior year, the firm posted ($0.04) earnings per share. As a group, equities analysts expect that USA Compression Partners will post 0.59 EPS for the current fiscal year.

USA Compression Partners Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, May 3rd. Stockholders of record on Monday, April 22nd will be issued a dividend of $0.525 per share. The ex-dividend date of this dividend is Friday, April 19th. This represents a $2.10 dividend on an annualized basis and a dividend yield of 8.52%. USA Compression Partners’s dividend payout ratio is currently 1,000.00%.

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.