XTX Topco Ltd Takes $577,000 Position in USA Compression Partners LP (NYSE:USAC)

XTX Topco Ltd acquired a new stake in shares of USA Compression Partners LP (NYSE:USAC - Free Report) during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 24,474 shares of the oil and gas company's stock, valued at approximately $577,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in USAC. Brown Brothers Harriman & Co. bought a new position in USA Compression Partners during the fourth quarter worth about $95,000. Broadway Wealth Solutions Inc. acquired a new position in USA Compression Partners during the fourth quarter worth $201,000. TSA Wealth Managment LLC acquired a new stake in USA Compression Partners in the 4th quarter valued at $205,000. SVB Wealth LLC bought a new stake in USA Compression Partners during the fourth quarter worth about $207,000. Finally, Stifel Financial Corp acquired a new stake in shares of USA Compression Partners in the 3rd quarter valued at approximately $210,000. 47.77% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Several research firms have recently commented on USAC. JPMorgan Chase & Co. upped their target price on USA Compression Partners from $23.00 to $24.00 and gave the company an "underweight" rating in a research report on Tuesday, March 11th. Citigroup boosted their price target on USA Compression Partners from $24.00 to $27.00 and gave the stock a "neutral" rating in a report on Tuesday, February 25th. Finally, Mizuho lifted their target price on USA Compression Partners from $24.00 to $26.00 and gave the stock a "neutral" rating in a report on Monday, February 3rd. One research analyst has rated the stock with a sell rating and four have assigned a hold rating to the stock. According to MarketBeat, the company currently has an average rating of "Hold" and a consensus target price of $26.00.

USA Compression Partners Stock Performance

USAC stock traded down $0.28 on Friday, reaching $25.31. The company's stock had a trading volume of 69,767 shares, compared to its average volume of 350,273. The business has a fifty day simple moving average of $25.93 and a two-hundred day simple moving average of $24.66. The firm has a market cap of $2.97 billion, a PE ratio of 34.64 and a beta of 0.84. 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 issued its quarterly earnings results on Tuesday, February 11th. The oil and gas company reported $0.18 earnings per share for the quarter, missing the consensus estimate of $0.24 by ($0.06). USA Compression Partners had a net margin of 10.48% and a negative return on equity of 62.46%. As a group, research analysts anticipate that USA Compression Partners LP will post 1.05 earnings per share for the current fiscal year.

USA Compression Partners Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, May 9th. Shareholders of record on Monday, April 28th will be given a $0.525 dividend. This is a positive change from USA Compression Partners's previous quarterly dividend of $0.51. This represents a $2.10 dividend on an annualized basis and a dividend yield of 8.30%. The ex-dividend date of this dividend is Monday, April 28th. USA Compression Partners's dividend payout ratio is presently 287.67%.

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.