F&V Capital Management LLC Acquires Shares of 11,150 USA Compression Partners LP (NYSE:USAC)

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

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Strategic Financial Concepts LLC purchased a new stake in USA Compression Partners during the fourth quarter valued at about $333,000. Truist Financial Corp bought a new position in USA Compression Partners during the 4th quarter worth approximately $2,428,000. D.A. Davidson & CO. increased its stake in USA Compression Partners by 61.1% in the 4th quarter. D.A. Davidson & CO. now owns 19,628 shares of the oil and gas company's stock worth $462,000 after purchasing an additional 7,442 shares during the period. GraniteShares Advisors LLC lifted its position in USA Compression Partners by 7.4% in the fourth quarter. GraniteShares Advisors LLC now owns 104,333 shares of the oil and gas company's stock valued at $2,458,000 after purchasing an additional 7,216 shares during the last quarter. Finally, SVB Wealth LLC purchased a new stake in shares of USA Compression Partners during the fourth quarter valued at approximately $207,000. 47.77% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity at USA Compression Partners

In related news, Director Bradford D. Whitehurst acquired 10,000 shares of USA Compression Partners stock in a transaction that occurred on Thursday, May 8th. The stock was bought at an average price of $23.50 per share, with a total value of $235,000.00. Following the transaction, the director now directly owns 23,616 shares in the company, valued at approximately $554,976. This represents a 73.44% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.

USA Compression Partners Trading Down 1.1%

Shares of USAC stock traded down $0.27 during midday trading on Monday, reaching $24.97. 280,290 shares of the stock were exchanged, compared to its average volume of 344,036. USA Compression Partners LP has a 1 year low of $21.06 and a 1 year high of $30.10. The firm has a market cap of $2.94 billion, a PE ratio of 34.20 and a beta of 0.40. The company's 50 day moving average is $24.75 and its two-hundred day moving average is $25.21.

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

USA Compression Partners Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, May 9th. Investors of record on Monday, April 28th were paid a $0.525 dividend. This represents a $2.10 annualized dividend and a dividend yield of 8.41%. This is a positive change from USA Compression Partners's previous quarterly dividend of $0.51. The ex-dividend date was Monday, April 28th. USA Compression Partners's dividend payout ratio (DPR) is presently 308.82%.

Analyst Upgrades and Downgrades

Several brokerages recently commented on USAC. Citigroup lifted their target price on shares of USA Compression Partners from $24.00 to $27.00 and gave the stock a "neutral" rating in a research note on Tuesday, February 25th. JPMorgan Chase & Co. boosted their target price on USA Compression Partners from $23.00 to $24.00 and gave the company an "underweight" rating in a research note on Tuesday, March 11th. One research analyst has rated the stock with a sell rating and four have issued a hold rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Hold" and a consensus target price of $26.00.

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.