Atria Wealth Solutions Inc. Sells 9,064 Shares of USA Compression Partners LP (NYSE:USAC)

Atria Wealth Solutions Inc. cut its position in shares of USA Compression Partners LP (NYSE:USAC) by 47.3% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 10,090 shares of the oil and gas company’s stock after selling 9,064 shares during the period. Atria Wealth Solutions Inc.’s holdings in USA Compression Partners were worth $238,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also modified their holdings of the company. Allworth Financial LP boosted its stake 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 valued at $30,000 after buying an additional 1,283 shares in the last quarter. Sunbelt Securities Inc. boosted its stake in USA Compression Partners by 16.4% in the 3rd quarter. Sunbelt Securities Inc. now owns 5,175 shares of the oil and gas company’s stock valued at $119,000 after buying an additional 730 shares in the last quarter. Stifel Financial Corp acquired a new stake in USA Compression Partners in the 3rd quarter valued at $210,000. Sanctuary Advisors LLC boosted its stake 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 valued at $215,000 after buying an additional 766 shares in the last quarter. Finally, Seelaus Asset Management LLC boosted its stake in USA Compression Partners by 4.6% in the 3rd quarter. Seelaus Asset Management LLC now owns 11,278 shares of the oil and gas company’s stock valued at $258,000 after buying an additional 500 shares in the last quarter. 47.77% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several brokerages recently commented on USAC. Citigroup boosted their price target on USA Compression Partners from $24.00 to $27.00 and gave the company a “neutral” rating in a research note on Tuesday, February 25th. Mizuho boosted their price objective on USA Compression Partners from $24.00 to $26.00 and gave the stock a “neutral” rating in a research note on Monday, February 3rd. Finally, Royal Bank of Canada reissued a “sector perform” rating and issued a $27.00 price objective on shares of USA Compression Partners in a research note on Friday, November 22nd. Four research analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. According to MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $27.50.

USA Compression Partners Stock Performance

USA Compression Partners stock opened at $26.95 on Friday. The firm has a market cap of $3.17 billion, a P/E ratio of 36.92 and a beta of 1.34. The business’s fifty day moving average is $25.93 and its two-hundred day moving average is $23.81. USA Compression Partners LP has a 52 week low of $21.06 and a 52 week high of $30.10.

USA Compression Partners (NYSE:USAC) last posted its quarterly earnings data on Tuesday, February 11th. The oil and gas company reported $0.18 EPS for the quarter, missing analysts’ consensus estimates of $0.24 by ($0.06). USA Compression Partners had a negative return on equity of 62.46% and a net margin of 10.48%. On average, equities research analysts predict that USA Compression Partners LP will post 1.05 earnings per share for the current year.

USA Compression Partners Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, February 7th. Stockholders of record on Monday, January 27th were given a dividend of $0.525 per share. The ex-dividend date of this dividend was Monday, January 27th. This represents a $2.10 dividend on an annualized basis and a dividend yield of 7.79%. USA Compression Partners’s payout ratio is currently 287.67%.

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.