Transce3nd LLC Purchases New Position in USA Compression Partners LP (NYSE:USAC)

Transce3nd LLC purchased a new stake in shares of USA Compression Partners LP (NYSE:USAC - Free Report) during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm purchased 43,969 shares of the oil and gas company's stock, valued at approximately $1,036,000.

Other large investors have also added to or reduced their stakes in the company. Brown Brothers Harriman & Co. bought a new position in USA Compression Partners in the fourth quarter worth approximately $95,000. Broadway Wealth Solutions Inc. bought a new position in USA Compression Partners in the 4th quarter worth $201,000. TSA Wealth Managment LLC purchased a new position in USA Compression Partners during the fourth quarter valued at $205,000. SVB Wealth LLC bought a new stake in USA Compression Partners during the fourth quarter valued at about $207,000. Finally, Stifel Financial Corp purchased a new stake in USA Compression Partners in the third quarter worth about $210,000. Institutional investors own 47.77% of the company's stock.

USA Compression Partners Stock Down 1.4 %

USA Compression Partners stock traded down $0.35 during midday trading on Friday, reaching $25.23. 122,538 shares of the stock traded hands, compared to its average volume of 350,489. The stock has a market cap of $2.97 billion, a P/E ratio of 34.57 and a beta of 0.84. The stock's fifty day moving average is $25.93 and its 200-day moving average is $24.66. USA Compression Partners LP has a 12 month low of $21.06 and a 12 month high of $30.10.

USA Compression Partners (NYSE:USAC - Get Free Report) last posted its earnings results on Tuesday, February 11th. The oil and gas company reported $0.18 earnings per share for the quarter, missing analysts' consensus estimates of $0.24 by ($0.06). USA Compression Partners had a negative return on equity of 62.46% and a net margin of 10.48%. On average, equities analysts predict that USA Compression Partners LP will post 1.05 EPS for the current fiscal year.

USA Compression Partners Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, May 9th. Stockholders of record on Monday, April 28th will be issued a $0.525 dividend. This is a boost from USA Compression Partners's previous quarterly dividend of $0.51. The ex-dividend date of this dividend is Monday, April 28th. This represents a $2.10 dividend on an annualized basis and a dividend yield of 8.32%. USA Compression Partners's payout ratio is 287.67%.

Analyst Upgrades and Downgrades

Several research firms recently issued reports on USAC. Mizuho increased their target price on shares of USA Compression Partners from $24.00 to $26.00 and gave the stock a "neutral" rating in a report on Monday, February 3rd. Citigroup upped their target price on shares of USA Compression Partners from $24.00 to $27.00 and gave the stock a "neutral" rating in a report on Tuesday, February 25th. Finally, JPMorgan Chase & Co. raised their price target on USA Compression Partners from $23.00 to $24.00 and gave the company an "underweight" rating in a report on Tuesday, March 11th. One research 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 currently has a consensus rating of "Hold" and an average price target of $26.00.

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.