USA Compression Partners (NYSE:USAC) Upgraded to “Buy” by StockNews.com

StockNews.com upgraded shares of USA Compression Partners (NYSE:USAC) from a hold rating to a buy rating in a report released on Wednesday.

Several other equities research analysts also recently commented on USAC. Raymond James upped their target price on shares of USA Compression Partners from $28.00 to $30.00 and gave the company an outperform rating in a research note on Tuesday, April 16th. Mizuho upped their price objective on shares of USA Compression Partners from $22.00 to $23.00 and gave the company an underperform rating in a research report on Wednesday, February 14th. One analyst has rated the stock with a sell rating, two have assigned a hold rating and two have issued a buy rating to the stock. According to MarketBeat.com, the stock has an average rating of Hold and a consensus target price of $24.75.

USA Compression Partners Trading Up 0.9 %

NYSE:USAC opened at $25.17 on Wednesday. USA Compression Partners has a 1-year low of $18.48 and a 1-year high of $28.47. The firm has a market capitalization of $2.59 billion, a price-to-earnings ratio of 119.86 and a beta of 1.30. The business’s 50-day moving average price is $26.09 and its two-hundred day moving average price is $25.13.

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 net margin of 8.07% and a negative return on equity of 31.81%. During the same period last year, the company earned ($0.04) earnings per share. Sell-side analysts predict that USA Compression Partners will post 0.59 earnings per share for the current year.

USA Compression Partners Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, May 3rd. Investors of record on Monday, April 22nd were paid a dividend of $0.525 per share. The ex-dividend date was Friday, April 19th. This represents a $2.10 dividend on an annualized basis and a yield of 8.34%. USA Compression Partners’s payout ratio is 1,000.05%.

Insiders Place Their Bets

In related news, insider Eric D. Long sold 34,866 shares of the company’s stock in a transaction on Friday, February 16th. The shares were sold at an average price of $24.54, for a total value of $855,611.64. Following the completion of the transaction, the insider now directly owns 469,019 shares of the company’s stock, valued at approximately $11,509,726.26. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. In related news, insider Eric D. Long sold 34,866 shares of USA Compression Partners stock in a transaction that occurred on Friday, February 16th. The stock was sold at an average price of $24.54, for a total value of $855,611.64. Following the sale, the insider now owns 469,019 shares of the company’s stock, valued at approximately $11,509,726.26. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, insider Eric D. Long sold 9,329 shares of the business’s stock in a transaction that occurred on Friday, February 23rd. The shares were sold at an average price of $24.50, for a total value of $228,560.50. Following the completion of the sale, the insider now owns 356,071 shares in the company, valued at approximately $8,723,739.50. The disclosure for this sale can be found here. In the last three months, insiders have sold 6,073,877 shares of company stock worth $152,474,943.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the business. Creekmur Asset Management LLC acquired a new position in shares of USA Compression Partners during the 4th quarter worth approximately $46,000. Seelaus Asset Management LLC grew its stake in shares of USA Compression Partners by 19.5% in the third quarter. Seelaus Asset Management LLC now owns 12,278 shares of the oil and gas company’s stock valued at $293,000 after buying an additional 2,000 shares in the last quarter. JNBA Financial Advisors acquired a new position in USA Compression Partners during the fourth quarter worth $46,000. Tower Research Capital LLC TRC raised its position in 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 acquiring an additional 2,881 shares in the last quarter. Finally, American Financial Group Inc. lifted its stake in USA Compression Partners by 9.3% in the third quarter. American Financial Group Inc. now owns 35,150 shares of the oil and gas company’s stock valued at $839,000 after acquiring an additional 3,000 shares during the last quarter. Institutional investors and hedge funds own 47.77% 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.