USA Compression Partners (NYSE:USAC) Shares Down 4.4% – Here’s Why

Shares of USA Compression Partners, LP (NYSE:USACGet Free Report) traded down 4.4% during trading on Friday . The stock traded as low as $26.86 and last traded at $27.0390. 79,616 shares traded hands during trading, a decline of 62% from the average session volume of 207,392 shares. The stock had previously closed at $28.29.

Analyst Ratings Changes

Several equities analysts recently commented on the stock. 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 lowered shares of USA Compression Partners from a “strong-buy” rating to a “hold” rating in a report on Thursday, April 16th. Citigroup increased 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. Wall Street Zen cut shares of USA Compression Partners from a “buy” rating to a “hold” rating in a research report on Saturday, February 21st. Finally, Stifel Nicolaus increased their price target on shares of USA Compression Partners from $27.00 to $30.00 and gave the company a “hold” rating in a research report on Wednesday, February 18th. One research analyst has rated the stock with a Strong Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $28.40.

Get Our Latest Analysis on USA Compression Partners

USA Compression Partners Stock Performance

The company has a market capitalization of $3.81 billion, a PE ratio of 27.04 and a beta of 0.21. The business’s 50-day moving average is $27.95 and its 200-day moving average is $26.47. The company has a debt-to-equity ratio of 9.41, a quick ratio of 0.86 and a current ratio of 1.55.

USA Compression Partners (NYSE:USACGet 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 net margin of 11.91% and a negative return on equity of 807.33%. The business had revenue of $331.28 million for the quarter, compared to analysts’ expectations of $308.35 million. On average, research analysts anticipate that USA Compression Partners, LP will post 1.21 earnings per share for the current year.

USA Compression Partners Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, May 8th. Shareholders 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 yield of 8.0%. The ex-dividend date was Monday, April 27th. USA Compression Partners’s dividend payout ratio (DPR) is currently 216.49%.

Institutional Trading of USA Compression Partners

A number of institutional investors and hedge funds have recently bought and sold shares of the company. D.A. Davidson & CO. increased its stake 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 valued at $781,000 after purchasing an additional 447 shares in the last quarter. Royal Bank of Canada grew its position in USA Compression Partners by 0.4% during the fourth quarter. Royal Bank of Canada now owns 127,146 shares of the oil and gas company’s stock valued at $2,924,000 after buying an additional 521 shares during the period. Kestra Advisory Services LLC grew its position in USA Compression Partners by 1.2% during the first quarter. Kestra Advisory Services LLC now owns 46,340 shares of the oil and gas company’s stock valued at $1,257,000 after buying an additional 540 shares during the period. Cetera Investment Advisers grew its position in 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 valued at $777,000 after buying an additional 674 shares during the period. Finally, Commonwealth Equity Services LLC lifted its holdings in USA Compression Partners by 5.7% during the fourth quarter. Commonwealth Equity Services LLC now owns 13,482 shares of the oil and gas company’s stock valued at $310,000 after purchasing an additional 724 shares in the last quarter. 47.77% of the stock is currently owned by institutional investors.

About USA Compression Partners

(Get Free Report)

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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