USA Compression Partners (NYSE:USAC) Reaches New 12-Month High at $28.40

USA Compression Partners LP (NYSE:USAC - Get Free Report)'s share price reached a new 52-week high on Thursday . The stock traded as high as $28.40 and last traded at $28.40, with a volume of 1968 shares trading hands. The stock had previously closed at $28.24.

Analyst Ratings Changes

Several analysts have recently weighed in on the stock. StockNews.com downgraded shares of USA Compression Partners from a "buy" rating to a "hold" rating in a research note on Thursday, January 11th. Mizuho lifted their price target on shares of USA Compression Partners from $22.00 to $23.00 and gave the company an "underperform" rating in a research note on Wednesday, February 14th. One equities research analyst has rated the stock with a sell rating and three have issued a hold rating to the company. According to MarketBeat.com, the company currently has a consensus rating of "Hold" and an average target price of $23.00.

USA Compression Partners Price Performance

The company has a market capitalization of $2.87 billion, a PE ratio of 132.67 and a beta of 1.30. The company's fifty day moving average is $25.86 and its 200-day moving average is $24.99.

USA Compression Partners (NYSE:USAC - Get Free Report) last issued its quarterly earnings data on Tuesday, February 13th. The oil and gas company reported $0.10 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.12 by ($0.02). The business had revenue of $225.05 million for the quarter, compared to analysts' expectations of $221.50 million. USA Compression Partners had a net margin of 8.07% and a negative return on equity of 31.81%. During the same period in the previous year, the business earned ($0.04) earnings per share. Equities research analysts forecast that USA Compression Partners LP will post 0.57 EPS for the current fiscal year.

USA Compression Partners Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, February 2nd. Investors of record on Monday, January 22nd were issued a dividend of $0.525 per share. This represents a $2.10 annualized dividend and a yield of 7.54%. This is a positive change from USA Compression Partners's previous quarterly dividend of $0.51. The ex-dividend date was Friday, January 19th. USA Compression Partners's dividend payout ratio (DPR) is presently 1,000.05%.

Insiders Place Their Bets

In other USA Compression Partners news, insider Eric D. Long sold 43,725 shares of USA Compression Partners stock in a transaction on Tuesday, February 27th. The shares were sold at an average price of $24.58, for a total value of $1,074,760.50. Following the transaction, the insider now directly owns 312,346 shares of the company's stock, valued at $7,677,464.68. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. In other news, major shareholder Veteran Equity Aggregator Eig sold 1,681,689 shares of the business's stock in a transaction on Wednesday, January 24th. The shares were sold at an average price of $25.10, for a total transaction of $42,210,393.90. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, insider Eric D. Long sold 43,725 shares of the business's stock in a transaction on Tuesday, February 27th. The shares were sold at an average price of $24.58, for a total transaction of $1,074,760.50. Following the sale, the insider now directly owns 312,346 shares in the company, valued at $7,677,464.68. The disclosure for this sale can be found here. Over the last three months, insiders have sold 1,866,269 shares of company stock valued at $46,746,196.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Invesco Ltd. lifted its position in USA Compression Partners by 0.3% during the first quarter. Invesco Ltd. now owns 17,488,613 shares of the oil and gas company's stock valued at $307,975,000 after purchasing an additional 50,981 shares during the period. JPMorgan Chase & Co. raised its position in shares of USA Compression Partners by 42.9% in the third quarter. JPMorgan Chase & Co. now owns 1,385,189 shares of the oil and gas company's stock worth $33,051,000 after acquiring an additional 415,956 shares during the period. Mirae Asset Global Investments Co. Ltd. raised its position in shares of USA Compression Partners by 4.2% in the third quarter. Mirae Asset Global Investments Co. Ltd. now owns 713,102 shares of the oil and gas company's stock worth $17,015,000 after acquiring an additional 28,875 shares during the period. UBS Group AG raised its position in shares of USA Compression Partners by 107.1% in the fourth quarter. UBS Group AG now owns 542,425 shares of the oil and gas company's stock worth $12,384,000 after acquiring an additional 280,491 shares during the period. Finally, Raymond James Financial Services Advisors Inc. raised its position in shares of USA Compression Partners by 1.9% in the fourth quarter. Raymond James Financial Services Advisors Inc. now owns 463,298 shares of the oil and gas company's stock worth $10,577,000 after acquiring an additional 8,659 shares during the period. 47.77% of the stock is currently owned by institutional investors and hedge funds.

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.