USA Compression Partners LP (NYSE:USAC) Receives Consensus Recommendation of “Hold” from Brokerages

USA Compression Partners LP (NYSE:USAC) has earned an average recommendation of “Hold” from the five research firms that are currently covering the company, MarketBeat.com reports. One equities research analyst has rated the stock with a sell recommendation, three have assigned a hold recommendation and one has given a buy recommendation to the company. The average 1 year price objective among brokers that have issued ratings on the stock in the last year is $26.80.

Several equities research analysts recently issued reports on USAC shares. JPMorgan Chase & Co. increased their price objective on USA Compression Partners from $23.00 to $24.00 and gave the stock an “underweight” rating in a research note on Tuesday, March 11th. Mizuho raised their price target 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. Finally, Citigroup upped their price objective on shares of USA Compression Partners from $24.00 to $27.00 and gave the company a “neutral” rating in a research note on Tuesday, February 25th.

Institutional Investors Weigh In On USA Compression Partners

Large investors have recently bought and sold shares of the business. Cetera Investment Advisers lifted its position in shares of USA Compression Partners by 12.8% in the fourth quarter. Cetera Investment Advisers now owns 31,911 shares of the oil and gas company’s stock worth $752,000 after buying an additional 3,621 shares during the last quarter. Jane Street Group LLC boosted its position in USA Compression Partners by 236.0% during the fourth quarter. Jane Street Group LLC now owns 130,270 shares of the oil and gas company’s stock worth $3,069,000 after purchasing an additional 91,499 shares during the period. Susquehanna Fundamental Investments LLC acquired a new position in USA Compression Partners during the fourth quarter valued at approximately $919,000. Stifel Financial Corp raised its position in shares of USA Compression Partners by 20.8% in the fourth quarter. Stifel Financial Corp now owns 11,080 shares of the oil and gas company’s stock valued at $261,000 after purchasing an additional 1,905 shares during the period. Finally, Tradition Wealth Management LLC bought a new position in shares of USA Compression Partners in the fourth quarter valued at approximately $207,000. 47.77% of the stock is currently owned by institutional investors.

USA Compression Partners Price Performance

USA Compression Partners stock opened at $24.10 on Friday. USA Compression Partners has a 12-month low of $21.06 and a 12-month high of $30.10. The stock has a market capitalization of $2.83 billion, a PE ratio of 33.01 and a beta of 0.84. The firm has a 50 day simple moving average of $26.71 and a 200-day simple moving average of $24.53.

USA Compression Partners (NYSE:USAC) last announced its 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%. On average, analysts forecast that USA Compression Partners will post 1.05 earnings per share for the current fiscal year.

USA Compression Partners Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, February 7th. Shareholders of record on Monday, January 27th were paid a $0.525 dividend. This represents a $2.10 dividend on an annualized basis and a yield of 8.71%. The ex-dividend date of this dividend was Monday, January 27th. USA Compression Partners’s dividend payout ratio (DPR) is presently 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.