USA Compression Partners, LP (NYSE:USAC – Get Free Report) shares passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $26.33 and traded as high as $28.78. USA Compression Partners shares last traded at $27.8250, with a volume of 111,180 shares trading hands.
Wall Street Analyst Weigh In
USAC has been the subject of a number of research reports. Texas Capital raised shares of USA Compression Partners from a “hold” rating to a “strong-buy” rating in a report on Monday, March 9th. Zacks Research cut shares of USA Compression Partners from a “strong-buy” rating to a “hold” rating in a report on Thursday, April 16th. Stifel Nicolaus upped their target price on shares of USA Compression Partners from $27.00 to $30.00 and gave the company a “hold” rating in a report on Wednesday, February 18th. Royal Bank Of Canada upped their target price on shares of USA Compression Partners from $29.00 to $30.00 and gave the company a “sector perform” rating in a report on Friday. Finally, Wall Street Zen cut shares of USA Compression Partners from a “buy” rating to a “hold” rating in a report on Saturday, February 21st. One investment analyst has rated the stock with a Strong Buy rating, five have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $27.60.
View Our Latest Report on USAC
USA Compression Partners Stock Down 2.8%
USA Compression Partners (NYSE:USAC – Get Free Report) last issued its quarterly earnings results on Tuesday, May 5th. The oil and gas company reported $0.27 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.35 by ($0.08). USA Compression Partners had a negative return on equity of 807.33% and a net margin of 11.91%.The firm had revenue of $331.28 million for the quarter, compared to analyst estimates of $308.35 million. On average, equities research analysts forecast that USA Compression Partners, LP will post 1.21 earnings per share for the current fiscal year.
USA Compression Partners Announces Dividend
The company also recently declared a quarterly dividend, which was paid on Friday, May 8th. Stockholders of record on Monday, April 27th were paid a dividend of $0.525 per share. This represents a $2.10 dividend on an annualized basis and a dividend yield of 7.5%. The ex-dividend date was Monday, April 27th. USA Compression Partners’s payout ratio is 216.49%.
Institutional Inflows and Outflows
A number of institutional investors and hedge funds have recently made changes to their positions in the company. Royal Bank of Canada increased its stake in shares of USA Compression Partners by 38.5% during the first quarter. Royal Bank of Canada now owns 176,124 shares of the oil and gas company’s stock worth $4,776,000 after acquiring an additional 48,978 shares during the period. Infrastructure Capital Advisors LLC increased its stake in shares of USA Compression Partners by 2.4% during the first quarter. Infrastructure Capital Advisors LLC now owns 314,657 shares of the oil and gas company’s stock worth $8,533,000 after acquiring an additional 7,226 shares during the period. Cetera Investment Advisers increased its stake in shares of USA Compression Partners by 2.4% during the first quarter. Cetera Investment Advisers now owns 28,636 shares of the oil and gas company’s stock worth $777,000 after acquiring an additional 674 shares during the period. One Charles Private Wealth Services LLC acquired a new position in shares of USA Compression Partners during the first quarter worth about $212,000. Finally, D.A. Davidson & CO. increased its stake in shares of USA Compression Partners by 1.6% during the first quarter. D.A. Davidson & CO. now owns 28,790 shares of the oil and gas company’s stock worth $781,000 after acquiring an additional 447 shares during the period. 47.77% of the stock is currently owned by institutional investors and hedge funds.
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.
Featured Stories
- Five stocks we like better than USA Compression Partners
- AI Server Earnings: Wall Street Sees One Clear Standout
- Navitas: NVIDIA’s AI Power Broker?
- A Lulu of a Miss Sends Lululemon to New Lows—Look Out Below
- NVIDIA’s New Power Play: Why Fluence Is Surging
Receive News & Ratings for USA Compression Partners Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for USA Compression Partners and related companies with MarketBeat.com's FREE daily email newsletter.
