Jane Street Group LLC Has $3.07 Million Position in USA Compression Partners LP (NYSE:USAC)

Jane Street Group LLC increased its holdings in shares of USA Compression Partners LP (NYSE:USAC - Free Report) by 236.0% in the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 130,270 shares of the oil and gas company's stock after purchasing an additional 91,499 shares during the quarter. Jane Street Group LLC owned 0.11% of USA Compression Partners worth $3,069,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Susquehanna Fundamental Investments LLC acquired a new stake in USA Compression Partners in the fourth quarter valued at approximately $919,000. Stifel Financial Corp grew its position in shares of USA Compression Partners by 20.8% during the fourth quarter. Stifel Financial Corp now owns 11,080 shares of the oil and gas company's stock worth $261,000 after buying an additional 1,905 shares in the last quarter. Tradition Wealth Management LLC acquired a new stake in shares of USA Compression Partners during the fourth quarter worth approximately $207,000. Transce3nd LLC acquired a new stake in shares of USA Compression Partners during the fourth quarter worth approximately $1,036,000. Finally, XTX Topco Ltd acquired a new stake in shares of USA Compression Partners during the fourth quarter worth approximately $577,000. Institutional investors and hedge funds own 47.77% of the company's stock.

Wall Street Analysts Forecast Growth

Several equities analysts recently issued reports on USAC shares. Mizuho raised their price objective on USA Compression Partners from $24.00 to $26.00 and gave the stock a "neutral" rating in a research note on Monday, February 3rd. JPMorgan Chase & Co. raised 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. Finally, Citigroup raised their target price on USA Compression Partners from $24.00 to $27.00 and gave the company a "neutral" rating in a research note on Tuesday, February 25th. One analyst has rated the stock with a sell rating and four have assigned a hold rating to the company's stock. According to data from MarketBeat, the company has a consensus rating of "Hold" and an average price target of $26.00.

Insiders Place Their Bets

In related news, Director Bradford D. Whitehurst purchased 10,000 shares of the company's stock in a transaction that occurred on Thursday, May 8th. The shares were purchased at an average price of $23.50 per share, with a total value of $235,000.00. Following the purchase, the director now owns 23,616 shares of the company's stock, valued at $554,976. This trade represents a 73.44% increase in their position. The acquisition was disclosed in a document filed with the SEC, which is available at the SEC website.

USA Compression Partners Price Performance

Shares of NYSE USAC traded up $0.20 during midday trading on Monday, reaching $24.26. 181,728 shares of the company traded hands, compared to its average volume of 342,775. The stock has a 50-day moving average price of $25.11 and a 200 day moving average price of $24.92. USA Compression Partners LP has a 52 week low of $21.06 and a 52 week high of $30.10. The company has a market cap of $2.85 billion, a price-to-earnings ratio of 33.23 and a beta of 0.53.

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 EPS for the quarter, missing the consensus estimate 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 business had revenue of $245.23 million during the quarter, compared to the consensus estimate of $244.79 million. As a group, analysts expect that USA Compression Partners LP will post 1.05 EPS for the current year.

USA Compression Partners Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, May 9th. Shareholders of record on Monday, April 28th were given a $0.525 dividend. The ex-dividend date of this dividend was Monday, April 28th. This is a boost from USA Compression Partners's previous quarterly dividend of $0.51. This represents a $2.10 annualized dividend and a yield of 8.66%. USA Compression Partners's payout ratio is 308.82%.

USA Compression Partners 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.