F&V Capital Management LLC Acquires New Stake in USA Compression Partners LP (NYSE:USAC)

F&V Capital Management LLC acquired a new position in USA Compression Partners LP (NYSE:USAC - Free Report) in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 11,150 shares of the oil and gas company's stock, valued at approximately $301,000.

Several other institutional investors and hedge funds have also recently modified their holdings of USAC. Brown Brothers Harriman & Co. bought a new position in shares of USA Compression Partners in the fourth quarter valued at approximately $95,000. Perkins Coie Trust Co grew its holdings in shares of USA Compression Partners by 40.0% in the first quarter. Perkins Coie Trust Co now owns 7,000 shares of the oil and gas company's stock valued at $189,000 after acquiring an additional 2,000 shares in the last quarter. Broadway Wealth Solutions Inc. bought a new position in shares of USA Compression Partners in the fourth quarter valued at approximately $201,000. TSA Wealth Managment LLC bought a new position in shares of USA Compression Partners in the fourth quarter valued at approximately $205,000. Finally, SVB Wealth 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 owned by hedge funds and other institutional investors.

Insider Transactions at USA Compression Partners

In related news, Director Bradford D. Whitehurst purchased 10,000 shares of the business's stock in a transaction dated Thursday, May 8th. The stock was purchased at an average cost of $23.50 per share, with a total value of $235,000.00. Following the completion of the acquisition, the director now directly owns 23,616 shares of the company's stock, valued at approximately $554,976. The trade was a 73.44% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is accessible through this link.

USA Compression Partners Stock Performance

NYSE:USAC traded down $0.03 during trading hours on Friday, reaching $25.24. The stock had a trading volume of 245,636 shares, compared to its average volume of 345,938. The stock has a 50 day simple moving average of $24.69 and a 200 day simple moving average of $25.19. USA Compression Partners LP has a 12-month low of $21.06 and a 12-month high of $30.10. The stock has a market cap of $2.97 billion, a P/E ratio of 34.58 and a beta of 0.40.

USA Compression Partners (NYSE:USAC - Get Free Report) last released its earnings results on Tuesday, May 6th. The oil and gas company reported $0.18 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.22 by ($0.04). USA Compression Partners had a negative return on equity of 62.46% and a net margin of 10.48%. The firm had revenue of $245.23 million during the quarter, compared to analysts' expectations of $244.79 million. On average, equities analysts expect that USA Compression Partners LP will post 1.05 earnings per share for the current fiscal year.

USA Compression Partners Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, May 9th. Shareholders of record on Monday, April 28th were given a $0.525 dividend. This is an increase from USA Compression Partners's previous quarterly dividend of $0.51. This represents a $2.10 dividend on an annualized basis and a yield of 8.32%. The ex-dividend date of this dividend was Monday, April 28th. USA Compression Partners's dividend payout ratio (DPR) is currently 308.82%.

Analysts Set New Price Targets

USAC has been the subject of several recent analyst reports. Citigroup upped their target price on USA Compression Partners from $24.00 to $27.00 and gave the company a "neutral" rating in a report on Tuesday, February 25th. JPMorgan Chase & Co. upped their target price on USA Compression Partners from $23.00 to $24.00 and gave the company an "underweight" rating in a report on Tuesday, March 11th. One research analyst has rated the stock with a sell rating and four have given a hold rating to the company's stock. According to 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.