USA Compression Partners (NYSE:USAC) Upgraded to "Buy" by StockNews.com

USA Compression Partners (NYSE:USAC - Get Free Report) was upgraded by investment analysts at StockNews.com from a "hold" rating to a "buy" rating in a note issued to investors on Wednesday.

A number of other equities analysts have also recently commented on the stock. Raymond James lifted their target price on shares of USA Compression Partners from $28.00 to $30.00 and gave the stock an "outperform" rating in a research report on Tuesday, April 16th. Mizuho lifted their price objective on USA Compression Partners from $22.00 to $23.00 and gave the stock an "underperform" rating in a report on Wednesday, February 14th. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and two have issued a buy rating to the company. Based on data from MarketBeat, USA Compression Partners has an average rating of "Hold" and an average target price of $24.75.

USA Compression Partners Trading Up 0.9 %

Shares of USAC traded up $0.23 during mid-day trading on Wednesday, reaching $25.17. 609,298 shares of the stock traded hands, compared to its average volume of 387,733. USA Compression Partners has a 1 year low of $18.48 and a 1 year high of $28.47. The firm has a fifty day moving average price of $26.09 and a 200 day moving average price of $25.13. The company has a market cap of $2.59 billion, a price-to-earnings ratio of 119.86 and a beta of 1.30.

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 EPS for the quarter, missing the consensus estimate of $0.12 by ($0.02). USA Compression Partners had a negative return on equity of 31.81% and a net margin of 8.07%. The business had revenue of $225.05 million for the quarter, compared to analysts' expectations of $221.50 million. During the same period in the previous year, the firm posted ($0.04) EPS. On average, sell-side analysts anticipate that USA Compression Partners will post 0.59 EPS for the current year.

Insider Transactions at USA Compression Partners

In other USA Compression Partners news, major shareholder Veteran Equity Aggregator Eig sold 5,889,297 shares of the company's stock in a transaction that occurred on Thursday, April 4th. The stock was sold at an average price of $25.12, for a total transaction of $147,939,140.64. Following the completion of the transaction, the insider now owns 5,882,528 shares of the company's stock, valued at approximately $147,769,103.36. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. In other USA Compression Partners news, insider Eric D. Long sold 96,660 shares of the firm's stock in a transaction dated Wednesday, February 21st. The shares were sold at an average price of $24.59, for a total value of $2,376,869.40. Following the completion of the sale, the insider now directly owns 372,359 shares in the company, valued at $9,156,307.81. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, major shareholder Veteran Equity Aggregator Eig sold 5,889,297 shares of USA Compression Partners stock in a transaction that occurred on Thursday, April 4th. The shares were sold at an average price of $25.12, for a total value of $147,939,140.64. Following the sale, the insider now directly owns 5,882,528 shares in the company, valued at $147,769,103.36. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 6,073,877 shares of company stock worth $152,474,943.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in USAC. TSA Wealth Managment LLC purchased a new position in USA Compression Partners during the 1st quarter valued at about $232,000. Susquehanna Fundamental Investments LLC bought a new position in shares of USA Compression Partners during the first quarter valued at approximately $1,107,000. Jennison Associates LLC purchased a new position in shares of USA Compression Partners during the first quarter valued at approximately $4,775,000. Lincoln National Corp bought a new stake in shares of USA Compression Partners in the 1st quarter worth approximately $2,814,000. Finally, Raymond James Financial Services Advisors Inc. grew its stake in shares of USA Compression Partners by 2.2% in the 1st quarter. Raymond James Financial Services Advisors Inc. now owns 473,414 shares of the oil and gas company's stock worth $12,626,000 after buying an additional 10,116 shares during the last quarter. Hedge funds and other institutional investors own 47.77% of the company's stock.

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.

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