USA Compression Partners (NYSE:USAC) Stock Price Crosses Below Two Hundred Day Moving Average - Should You Sell?

Key Points

• USA Compression Partners shares fell below their 200-day moving average, currently at $25.52, trading as low as $23.93, which raises concerns about potential sell-offs.
• Analysts from JPMorgan Chase & Co. have reaffirmed an "underweight" rating for the stock, adjusting the price target from $24.00 to $25.00.
• The company recently announced a quarterly dividend of $0.525 per share, yielding 8.75% annually, despite a high dividend payout ratio of 308.82%.

USA Compression Partners, LP (NYSE:USAC - Get Free Report) shares crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $25.52 and traded as low as $23.93. USA Compression Partners shares last traded at $23.99, with a volume of 192,311 shares traded.

Analysts Set New Price Targets

Separately, JPMorgan Chase & Co. reiterated an "underweight" rating and issued a $25.00 target price (up from $24.00) on shares of USA Compression Partners in a report on Monday, June 23rd.

USA Compression Partners Trading Down 2.1%

The business has a 50 day moving average of $24.86 and a 200-day moving average of $25.50. The stock has a market cap of $2.75 billion, a PE ratio of 34.34 and a beta of 0.38.

USA Compression Partners (NYSE:USAC - Get Free Report) last issued its quarterly earnings results on Tuesday, May 6th. The oil and gas company reported $0.18 earnings per share for the quarter, missing the consensus estimate of $0.22 by ($0.04). The business had revenue of $245.23 million during the quarter, compared to analyst estimates of $244.79 million. USA Compression Partners had a net margin of 9.99% and a negative return on equity of 81.01%. On average, equities research analysts anticipate that USA Compression Partners, LP will post 1.05 EPS for the current fiscal year.

USA Compression Partners Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, August 8th. Investors of record on Monday, July 28th will be given a dividend of $0.525 per share. This represents a $2.10 dividend on an annualized basis and a yield of 9.0%. The ex-dividend date of this dividend is Monday, July 28th. USA Compression Partners's dividend payout ratio is 308.82%.

Insiders Place Their Bets

In other news, Director Bradford D. Whitehurst acquired 10,000 shares of the firm's stock in a transaction on Thursday, May 8th. The stock was bought at an average cost of $23.50 per share, with a total value of $235,000.00. Following the transaction, the director directly owned 23,616 shares in the company, valued at approximately $554,976. This represents a 73.44% increase in their position. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this link.

Hedge Funds Weigh In On USA Compression Partners

Large investors have recently modified their holdings of the stock. Cambridge Investment Research Advisors Inc. raised its stake in USA Compression Partners by 14.9% during the first quarter. Cambridge Investment Research Advisors Inc. now owns 56,168 shares of the oil and gas company's stock worth $1,515,000 after acquiring an additional 7,293 shares during the period. F&V Capital Management LLC acquired a new stake in USA Compression Partners during the first quarter worth about $301,000. SeaCrest Wealth Management LLC acquired a new stake in USA Compression Partners during the first quarter worth about $264,000. Concurrent Investment Advisors LLC acquired a new stake in USA Compression Partners during the first quarter worth about $2,718,000. Finally, Alps Advisors Inc. raised its stake in USA Compression Partners by 18.5% during the first quarter. Alps Advisors Inc. now owns 15,990,511 shares of the oil and gas company's stock worth $431,424,000 after acquiring an additional 2,490,895 shares during the period. 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.