Strategic Financial Concepts LLC Makes New Investment in USA Compression Partners LP (NYSE:USAC)

Strategic Financial Concepts LLC acquired a new stake in USA Compression Partners LP (NYSE:USAC) in the fourth quarter, Holdings Channel.com reports. The firm acquired 14,136 shares of the oil and gas company’s stock, valued at approximately $333,000.

Several other large investors have also made changes to their positions in the business. Sanctuary Advisors LLC boosted its holdings in USA Compression Partners by 9.2% in the 3rd quarter. Sanctuary Advisors LLC now owns 9,052 shares of the oil and gas company’s stock worth $215,000 after buying an additional 766 shares during the last quarter. Stifel Financial Corp purchased a new position in shares of USA Compression Partners in the third quarter valued at approximately $210,000. Infrastructure Capital Advisors LLC boosted its stake in shares of USA Compression Partners by 14.9% in the third quarter. Infrastructure Capital Advisors LLC now owns 196,206 shares of the oil and gas company’s stock worth $4,497,000 after acquiring an additional 25,439 shares during the last quarter. Spring Capital Management LLC purchased a new stake in shares of USA Compression Partners during the fourth quarter worth approximately $283,000. Finally, Hodges Capital Management Inc. raised its stake in USA Compression Partners by 9.0% in the 3rd quarter. Hodges Capital Management Inc. now owns 24,306 shares of the oil and gas company’s stock valued at $557,000 after purchasing an additional 2,000 shares during the last quarter. 47.77% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several brokerages have issued reports on USAC. Mizuho lifted their target price on shares of USA Compression Partners from $24.00 to $26.00 and gave the stock a “neutral” rating in a research note on Monday, February 3rd. Royal Bank of Canada restated a “sector perform” rating and set a $27.00 price target on shares of USA Compression Partners in a research report on Friday, November 22nd. Four equities research analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of $26.50.

USA Compression Partners Stock Down 4.5 %

Shares of NYSE:USAC opened at $26.99 on Thursday. USA Compression Partners LP has a 52-week low of $21.06 and a 52-week high of $30.10. The stock has a market cap of $3.16 billion, a P/E ratio of 47.35 and a beta of 1.34. The business has a fifty day moving average of $24.59 and a two-hundred day moving average of $23.29.

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 9.36% and a negative return on equity of 47.53%. On average, equities analysts anticipate that USA Compression Partners LP will post 0.8 earnings per share for the current year.

USA Compression Partners Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, February 7th. Stockholders of record on Monday, January 27th were issued a dividend of $0.525 per share. The ex-dividend date was Monday, January 27th. This represents a $2.10 dividend on an annualized basis and a dividend yield of 7.78%. USA Compression Partners’s dividend payout ratio is currently 287.67%.

USA Compression Partners 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.