USA Compression Partners, LP (NYSE:USAC) Given Average Rating of "Hold" by Brokerages

Key Points

• USA Compression Partners has an average “Hold” rating from six brokerages, with four holds, one sell and one strong buy. The average 12-month price target is $29.25, compared with a recent price of $25.88.
• Institutional investors own 47.77% of the company’s stock, with several major firms—including JPMorgan, Goldman Sachs and Morgan Stanley—recently increasing their positions.
• The company beat quarterly earnings expectations, reporting $0.31 EPS versus a $0.28 consensus estimate, and maintains a quarterly dividend of $0.525, equivalent to a 8.1% annualized yield.

Shares of USA Compression Partners, LP (NYSE:USAC - Get Free Report) have received an average rating of "Hold" from the six brokerages that are presently covering the stock, Marketbeat reports. One research analyst has rated the stock with a sell rating, four have given a hold rating and one has issued a strong buy rating on the company. The average 12 month price target among brokers that have covered the stock in the last year is $29.25.

Several equities research analysts have weighed in on the company. Zacks Research downgraded USA Compression Partners from a "hold" rating to a "strong sell" rating in a research report on Monday, July 6th. Mizuho boosted their price objective on USA Compression Partners from $28.00 to $29.00 and gave the company a "neutral" rating in a report on Friday, June 12th. Royal Bank Of Canada upped their target price on USA Compression Partners from $29.00 to $30.00 and gave the stock a "sector perform" rating in a research note on Friday, June 5th. Finally, Citigroup raised their target price on USA Compression Partners from $26.00 to $28.00 and gave the stock a "neutral" rating in a report on Wednesday, May 13th.

Hedge Funds Weigh In On USA Compression Partners

Several institutional investors have recently made changes to their positions in the company. Alps Advisors Inc. lifted its stake in shares of USA Compression Partners by 3.8% in the 4th quarter. Alps Advisors Inc. now owns 17,748,200 shares of the oil and gas company's stock valued at $408,209,000 after purchasing an additional 642,462 shares during the period. JPMorgan Chase & Co. grew its stake in USA Compression Partners by 29.8% in the 4th quarter. JPMorgan Chase & Co. now owns 4,599,073 shares of the oil and gas company's stock valued at $105,779,000 after acquiring an additional 1,056,548 shares during the period. Goldman Sachs Group Inc. lifted its stake in USA Compression Partners by 9.9% in the 4th quarter. Goldman Sachs Group Inc. now owns 3,344,670 shares of the oil and gas company's stock valued at $76,927,000 after buying an additional 302,491 shares in the last quarter. Morgan Stanley boosted its holdings in USA Compression Partners by 123.5% in the 4th quarter. Morgan Stanley now owns 2,712,603 shares of the oil and gas company's stock worth $62,390,000 after buying an additional 1,498,928 shares during the last quarter. Finally, Raymond James Financial Inc. increased its stake in USA Compression Partners by 2.5% during the 3rd quarter. Raymond James Financial Inc. now owns 562,735 shares of the oil and gas company's stock worth $13,506,000 after buying an additional 13,992 shares in the last quarter. 47.77% of the stock is owned by hedge funds and other institutional investors.

USA Compression Partners Stock Down 0.6%

USAC stock opened at $25.88 on Wednesday. The firm's fifty day simple moving average is $26.42 and its 200-day simple moving average is $27.07. The company has a market capitalization of $3.75 billion, a P/E ratio of 24.42 and a beta of 0.22. The company has a debt-to-equity ratio of 9.41, a current ratio of 1.55 and a quick ratio of 0.86. USA Compression Partners has a 12 month low of $21.85 and a 12 month high of $30.55.

USA Compression Partners (NYSE:USAC - Get Free Report) last issued its earnings results on Tuesday, August 4th. The oil and gas company reported $0.31 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.28 by $0.03. The firm had revenue of $342.15 million during the quarter, compared to analysts' expectations of $340.49 million. USA Compression Partners had a net margin of 12.43% and a return on equity of 852.23%. As a group, equities research analysts forecast that USA Compression Partners will post 1 earnings per share for the current year.

USA Compression Partners Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, August 7th. Shareholders of record on Monday, July 27th were given a $0.525 dividend. This represents a $2.10 annualized dividend and a yield of 8.1%. The ex-dividend date was Monday, July 27th. USA Compression Partners's dividend payout ratio is currently 198.11%.

USA Compression Partners Company Profile

USA Compression Partners NYSE: USAC is a Houston-based master limited partnership specializing in natural gas compression services for oil and gas producers. The company offers a full suite of midstream compression solutions designed to enhance production flow and optimize field operations. Its core activities include the design, engineering, fabrication, installation, operation and maintenance of natural gas compression equipment onshore across key U.S. basins.

USA Compression's product and service offerings encompass new equipment deployment, aftermarket parts and component sales, field service support, and instrumentation and control systems.

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