USA Compression Partners (NYSE:USAC) Director Buys $156,600.00 in Stock

Key Points

• Director Bradford Whitehurst purchased 6,000 USA Compression Partners shares at an average price of $26.10, investing $156,600 and increasing his holdings by 15.95% to 43,616 shares.
• USAC shares fell 0.5% to $26.43, while the company reported quarterly EPS of $0.31, beating estimates by $0.03, and revenue of $342.15 million.
• The partnership pays a quarterly dividend of $0.525, equivalent to an annualized $2.10 and a 7.9% yield. Analysts maintain a consensus “Hold” rating with a $29.25 target price.

USA Compression Partners, LP (NYSE:USAC - Get Free Report) Director Bradford Whitehurst acquired 6,000 shares of the firm's stock in a transaction dated Friday, August 21st. The shares were acquired at an average price of $26.10 per share, with a total value of $156,600.00. Following the acquisition, the director owned 43,616 shares in the company, valued at approximately $1,138,377.60. The trade was a 15.95% increase in their position. The purchase was disclosed in a legal filing with the SEC, which is available at this link.

USA Compression Partners Stock Down 0.5%

Shares of USA Compression Partners stock traded down $0.12 during trading on Monday, reaching $26.43. The company's stock had a trading volume of 279,012 shares, compared to its average volume of 231,195. USA Compression Partners, LP has a 1-year low of $21.85 and a 1-year high of $30.55. The company has a 50-day simple moving average of $26.22 and a two-hundred day simple moving average of $27.14. The company has a quick ratio of 0.68, a current ratio of 1.35 and a debt-to-equity ratio of 10.25. The company has a market cap of $3.83 billion, a price-to-earnings ratio of 24.93 and a beta of 0.22.

USA Compression Partners (NYSE:USAC - Get Free Report) last announced its earnings results on Tuesday, August 4th. The oil and gas company reported $0.31 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.28 by $0.03. The company had revenue of $342.15 million for the quarter, compared to analyst estimates of $340.49 million. USA Compression Partners had a return on equity of 179.77% and a net margin of 12.43%. As a group, equities analysts forecast that USA Compression Partners, LP will post 1 earnings per share for the current year.

USA Compression Partners Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, August 7th. Investors of record on Monday, July 27th were paid a $0.525 dividend. The ex-dividend date was Monday, July 27th. This represents a $2.10 dividend on an annualized basis and a yield of 7.9%. USA Compression Partners's dividend payout ratio (DPR) is 198.11%.

Wall Street Analyst Weigh In

Several equities analysts recently issued reports on USAC shares. Citigroup upped their target price on USA Compression Partners from $26.00 to $28.00 and gave the company a "neutral" rating in a research report on Wednesday, May 13th. Zacks Research downgraded USA Compression Partners from a "hold" rating to a "strong sell" rating in a research note on Monday, July 6th. Mizuho raised their price objective on USA Compression Partners from $28.00 to $29.00 and gave the stock a "neutral" rating in a research note on Friday, June 12th. Finally, Royal Bank Of Canada lifted their target price on USA Compression Partners from $29.00 to $30.00 and gave the stock a "sector perform" rating in a report on Friday, June 5th. One equities research analyst has rated the stock with a Strong Buy rating, four have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of "Hold" and a consensus target price of $29.25.

Hedge Funds Weigh In On USA Compression Partners

Several institutional investors and hedge funds have recently modified their holdings of the stock. Ameritas Advisory Services LLC acquired a new stake in USA Compression Partners during the second quarter worth about $238,000. First Bancorp Inc ME acquired a new position in USA Compression Partners in the second quarter valued at approximately $117,000. Bank of New York Mellon Corp purchased a new stake in USA Compression Partners in the 2nd quarter worth approximately $423,000. Mallini Complete Financial Planning LLC boosted its position in USA Compression Partners by 1.1% in the 2nd quarter. Mallini Complete Financial Planning LLC now owns 95,530 shares of the oil and gas company's stock worth $2,521,000 after purchasing an additional 1,041 shares in the last quarter. Finally, Royal Bank of Canada grew its stake in shares of USA Compression Partners by 38.5% during the 1st quarter. Royal Bank of Canada now owns 176,124 shares of the oil and gas company's stock worth $4,776,000 after purchasing an additional 48,978 shares during the period. Institutional investors and hedge funds own 47.77% of the company's stock.

USA Compression Partners Company Profile

USA Compression Partners NYSE: USAC is a Houston-based master limited partnership specializing in natural gas compression services for oil and gas producers. The company offers a full suite of midstream compression solutions designed to enhance production flow and optimize field operations. Its core activities include the design, engineering, fabrication, installation, operation and maintenance of natural gas compression equipment onshore across key U.S. basins.

USA Compression's product and service offerings encompass new equipment deployment, aftermarket parts and component sales, field service support, and instrumentation and control systems.

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