USA Compression Partners LP (NYSE:USAC - Get Free Report) Director Bradford D. Whitehurst acquired 10,000 shares of the firm's stock in a transaction on Friday, May 10th. The stock was purchased at an average cost of $24.66 per share, with a total value of $246,600.00. Following the purchase, the director now owns 13,616 shares of the company's stock, valued at $335,770.56. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.
USA Compression Partners Trading Down 2.2 %
Shares of NYSE:USAC traded down $0.54 on Monday, hitting $23.98. 397,232 shares of the company were exchanged, compared to its average volume of 384,655. USA Compression Partners LP has a 1-year low of $18.48 and a 1-year high of $28.47. The stock's 50 day moving average price is $26.08 and its 200 day moving average price is $25.13. The firm has a market capitalization of $2.47 billion, a P/E ratio of 58.49 and a beta of 1.30.
USA Compression Partners (NYSE:USAC - Get Free Report) last posted its quarterly earnings data on Tuesday, February 13th. The oil and gas company reported $0.10 EPS for the quarter, missing the consensus estimate of $0.12 by ($0.02). The company had revenue of $225.05 million for the quarter, compared to analyst estimates of $221.50 million. USA Compression Partners had a negative return on equity of 31.50% and a net margin of 9.21%. During the same quarter in the previous year, the firm posted ($0.04) earnings per share. On average, equities analysts predict that USA Compression Partners LP will post 0.62 EPS for the current fiscal year.
USA Compression Partners Announces Dividend
The business also recently announced a quarterly dividend, which was paid on Friday, May 3rd. Stockholders of record on Monday, April 22nd were paid a dividend of $0.525 per share. The ex-dividend date of this dividend was Friday, April 19th. This represents a $2.10 dividend on an annualized basis and a dividend yield of 8.76%. USA Compression Partners's dividend payout ratio is currently 512.20%.
Institutional Trading of USA Compression Partners
Institutional investors and hedge funds have recently modified their holdings of the stock. Creekmur Asset Management LLC acquired a new position in USA Compression Partners in the 4th quarter valued at about $46,000. JNBA Financial Advisors acquired a new stake in USA Compression Partners during the 4th quarter worth approximately $46,000. Tower Research Capital LLC TRC increased its holdings in USA Compression Partners by 914.6% during the 4th quarter. Tower Research Capital LLC TRC now owns 3,196 shares of the oil and gas company's stock worth $73,000 after purchasing an additional 2,881 shares during the period. F&V Capital Management LLC acquired a new position in shares of USA Compression Partners during the first quarter worth about $209,000. Finally, TSA Wealth Managment LLC acquired a new stake in USA Compression Partners in the first quarter valued at approximately $232,000. Hedge funds and other institutional investors own 47.77% of the company's stock.
Analyst Upgrades and Downgrades
A number of equities analysts have recently commented on USAC shares. StockNews.com raised shares of USA Compression Partners from a "hold" rating to a "buy" rating in a research report on Wednesday, May 8th. Raymond James lifted their price objective on shares of USA Compression Partners from $28.00 to $30.00 and gave the company an "outperform" rating in a report on Tuesday, April 16th. Finally, Mizuho lifted their price objective on shares of USA Compression Partners from $22.00 to $23.00 and gave the company an "underperform" rating in a report on Wednesday, February 14th. One analyst has rated the stock with a sell rating, two have assigned a hold rating and two have issued a buy rating to the company. Based on data from MarketBeat, the company has a consensus rating of "Hold" and an average target price of $24.75.
View Our Latest Report on USAC
About USA Compression Partners
(
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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.
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