USA Compression Partners LP (NYSE:USAC) Receives $27.50 Average PT from Brokerages

Shares of USA Compression Partners LP (NYSE:USAC) have earned a consensus rating of “Hold” from the five research firms that are presently covering the firm, Marketbeat reports. One equities research analyst has rated the stock with a sell recommendation, three have assigned a hold recommendation and one has assigned a buy recommendation to the company. The average 1 year price target among brokers that have updated their coverage on the stock in the last year is $26.80.

USAC has been the subject of several recent research reports. JPMorgan Chase & Co. raised their target price on shares of USA Compression Partners from $23.00 to $24.00 and gave the stock an “underweight” rating in a report on Tuesday. Mizuho raised their target price on shares of USA Compression Partners from $24.00 to $26.00 and gave the stock a “neutral” rating in a report on Monday, February 3rd. Royal Bank of Canada reissued a “sector perform” rating and set a $27.00 target price on shares of USA Compression Partners in a report on Friday, November 22nd. Finally, Citigroup raised their target price on shares of USA Compression Partners from $24.00 to $27.00 and gave the stock a “neutral” rating in a report on Tuesday, February 25th.

Institutional Trading of USA Compression Partners

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Brown Brothers Harriman & Co. acquired a new stake in USA Compression Partners during the fourth quarter valued at $95,000. Sunbelt Securities Inc. grew its position in shares of USA Compression Partners by 16.4% in the third quarter. Sunbelt Securities Inc. now owns 5,175 shares of the oil and gas company’s stock valued at $119,000 after purchasing an additional 730 shares during the period. Broadway Wealth Solutions Inc. acquired a new stake in shares of USA Compression Partners in the fourth quarter valued at about $201,000. TSA Wealth Managment LLC acquired a new stake in shares of USA Compression Partners in the fourth quarter valued at about $205,000. Finally, SVB Wealth LLC acquired a new stake in shares of USA Compression Partners in the fourth quarter valued at about $207,000. Institutional investors and hedge funds own 47.77% of the company’s stock.

USA Compression Partners Trading Up 0.4 %

NYSE USAC opened at $25.41 on Tuesday. The company has a fifty day simple moving average of $26.34 and a two-hundred day simple moving average of $24.01. The stock has a market cap of $2.99 billion, a P/E ratio of 34.80 and a beta of 1.31. USA Compression Partners has a 12-month low of $21.06 and a 12-month high of $30.10.

USA Compression Partners (NYSE:USAC) last posted its quarterly earnings results 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 negative return on equity of 62.46% and a net margin of 10.48%. As a group, sell-side analysts forecast that USA Compression Partners will post 1.05 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. Investors 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 annualized dividend and a yield of 8.27%. USA Compression Partners’s dividend payout ratio is presently 287.67%.

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.