Stifel Financial Corp Makes New Investment in USA Compression Partners LP (NYSE:USAC)

Stifel Financial Corp bought a new stake in USA Compression Partners LP (NYSE:USAC) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 9,175 shares of the oil and gas company’s stock, valued at approximately $210,000.

Several other institutional investors have also recently made changes to their positions in the company. Allworth Financial LP raised its position in USA Compression Partners by 3,054.8% in the 3rd quarter. Allworth Financial LP now owns 1,325 shares of the oil and gas company’s stock worth $30,000 after purchasing an additional 1,283 shares during the period. Sunbelt Securities Inc. grew its stake in shares of USA Compression Partners by 12.2% during the second quarter. Sunbelt Securities Inc. now owns 4,445 shares of the oil and gas company’s stock valued at $105,000 after buying an additional 485 shares during the last quarter. Sanctuary Advisors LLC purchased a new stake in shares of USA Compression Partners in the second quarter worth approximately $204,000. Seelaus Asset Management LLC lifted its stake in shares of USA Compression Partners by 4.6% during the 3rd quarter. Seelaus Asset Management LLC now owns 11,278 shares of the oil and gas company’s stock worth $258,000 after acquiring an additional 500 shares during the last quarter. Finally, D.A. Davidson & CO. purchased a new position in USA Compression Partners during the 3rd quarter valued at $279,000. Institutional investors own 47.77% of the company’s stock.

USA Compression Partners Price Performance

Shares of USA Compression Partners stock opened at $22.67 on Monday. The stock has a market cap of $2.65 billion, a price-to-earnings ratio of 39.77 and a beta of 1.34. The firm’s 50-day moving average is $22.85 and its two-hundred day moving average is $22.89. USA Compression Partners LP has a 1 year low of $21.06 and a 1 year high of $28.47.

USA Compression Partners (NYSE:USAC) last released its quarterly earnings data on Tuesday, November 5th. The oil and gas company reported $0.13 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.20 by ($0.07). The business had revenue of $239.97 million for the quarter, compared to the consensus estimate of $238.37 million. USA Compression Partners had a net margin of 9.36% and a negative return on equity of 47.53%. During the same quarter in the prior year, the business posted $0.09 earnings per share. On average, equities analysts expect that USA Compression Partners LP will post 0.8 earnings per share for the current year.

USA Compression Partners Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, November 1st. Investors of record on Monday, October 21st were paid a dividend of $0.525 per share. This represents a $2.10 dividend on an annualized basis and a dividend yield of 9.26%. The ex-dividend date of this dividend was Monday, October 21st. USA Compression Partners’s dividend payout ratio (DPR) is currently 368.42%.

Wall Street Analyst Weigh In

A number of analysts have weighed in on the company. Mizuho reduced their target price on USA Compression Partners from $25.00 to $24.00 and set a “neutral” rating on the stock in a research note on Wednesday, October 2nd. Royal Bank of Canada reaffirmed a “sector perform” rating and issued a $27.00 price target on shares of USA Compression Partners in a research note on Friday, November 22nd. Finally, Citigroup started coverage on shares of USA Compression Partners in a research report on Friday, September 27th. They issued a “neutral” rating and a $23.00 price objective for the company. Four investment analysts have rated the stock with a hold rating and one has issued a buy rating to the stock. According to data from MarketBeat.com, USA Compression Partners currently has a consensus rating of “Hold” and a consensus price target of $26.00.

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.