USA Compression Partners, LP (NYSE:USAC – Get Free Report) shares reached a new 52-week high during trading on Monday . The company traded as high as $30.43 and last traded at $30.2450, with a volume of 45589 shares. The stock had previously closed at $29.67.
Wall Street Analyst Weigh In
A number of analysts recently issued reports on USAC shares. Wall Street Zen cut USA Compression Partners from a “buy” rating to a “hold” rating in a research report on Saturday, February 21st. Zacks Research cut USA Compression Partners from a “strong-buy” rating to a “hold” rating in a research note on Thursday, April 16th. Stifel Nicolaus increased their price objective on USA Compression Partners from $27.00 to $30.00 and gave the company a “hold” rating in a report on Wednesday, February 18th. Texas Capital upgraded shares of USA Compression Partners from a “hold” rating to a “strong-buy” rating in a research report on Monday, March 9th. Finally, Citigroup lifted their target price on shares of USA Compression Partners from $26.00 to $28.00 and gave the company a “neutral” rating in a report on Wednesday, May 13th. One analyst has rated the stock with a Strong Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $27.00.
Check Out Our Latest Research Report on USAC
USA Compression Partners Stock Performance
USA Compression Partners (NYSE:USAC – Get Free Report) last posted its quarterly earnings data on Tuesday, May 5th. The oil and gas company reported $0.27 EPS for the quarter, missing the consensus estimate of $0.35 by ($0.08). USA Compression Partners had a net margin of 11.91% and a negative return on equity of 807.33%. The company had revenue of $331.28 million for the quarter, compared to analysts’ expectations of $308.35 million. On average, equities analysts forecast that USA Compression Partners, LP will post 1.25 EPS for the current year.
USA Compression Partners Dividend Announcement
The company also recently disclosed a quarterly dividend, which was paid on Friday, May 8th. Investors of record on Monday, April 27th were given a $0.525 dividend. This represents a $2.10 dividend on an annualized basis and a yield of 7.0%. The ex-dividend date was Monday, April 27th. USA Compression Partners’s dividend payout ratio (DPR) is 216.49%.
Hedge Funds Weigh In On USA Compression Partners
A number of large investors have recently bought and sold shares of USAC. Infrastructure Capital Advisors LLC boosted its holdings in shares of USA Compression Partners by 2.4% in the first quarter. Infrastructure Capital Advisors LLC now owns 314,657 shares of the oil and gas company’s stock valued at $8,533,000 after acquiring an additional 7,226 shares in the last quarter. Cetera Investment Advisers lifted its position in USA Compression Partners by 2.4% in the first quarter. Cetera Investment Advisers now owns 28,636 shares of the oil and gas company’s stock valued at $777,000 after purchasing an additional 674 shares during the period. One Charles Private Wealth Services LLC purchased a new stake in USA Compression Partners in the 1st quarter valued at approximately $212,000. D.A. Davidson & CO. increased its position in USA Compression Partners by 1.6% during the 1st quarter. D.A. Davidson & CO. now owns 28,790 shares of the oil and gas company’s stock worth $781,000 after purchasing an additional 447 shares during the period. Finally, Bank of New York Mellon Corp purchased a new position in shares of USA Compression Partners during the 1st quarter worth approximately $434,000. Hedge funds and other institutional investors own 47.77% of the company’s stock.
About USA Compression Partners
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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