USA Compression Partners (NYSE:USAC) Upgraded at Mizuho

Mizuho upgraded shares of USA Compression Partners (NYSE:USACFree Report) from an underperform rating to a neutral rating in a research note published on Thursday morning, Marketbeat reports. The firm currently has $26.00 target price on the oil and gas company’s stock, up from their prior target price of $23.00.

USAC has been the topic of a number of other reports. Raymond James increased their price objective on shares of USA Compression Partners from $28.00 to $30.00 and gave the stock an outperform rating in a research note on Tuesday, April 16th. StockNews.com upgraded shares of USA Compression Partners from a hold rating to a buy rating in a research note on Thursday, May 16th. Three research analysts have rated the stock with a hold rating and two have issued a buy rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of Hold and a consensus target price of $25.50.

View Our Latest Stock Analysis on USAC

USA Compression Partners Stock Up 1.6 %

Shares of USA Compression Partners stock opened at $24.50 on Thursday. The company has a market capitalization of $2.52 billion, a price-to-earnings ratio of 59.76 and a beta of 1.30. USA Compression Partners has a 12-month low of $18.48 and a 12-month high of $28.47. The firm’s 50-day moving average price is $25.19 and its two-hundred day moving average price is $24.98.

USA Compression Partners (NYSE:USACGet Free Report) last announced its quarterly earnings data on Tuesday, May 7th. The oil and gas company reported $0.16 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.12 by $0.04. The firm had revenue of $229.28 million for the quarter, compared to the consensus estimate of $226.43 million. USA Compression Partners had a net margin of 9.21% and a negative return on equity of 31.50%. On average, sell-side analysts expect that USA Compression Partners will post 0.77 earnings per share for the current year.

USA Compression Partners Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, May 3rd. Investors of record on Monday, April 22nd were given a dividend of $0.525 per share. The ex-dividend date of this dividend was Friday, April 19th. This represents a $2.10 annualized dividend and a yield of 8.57%. USA Compression Partners’s dividend payout ratio is presently 512.20%.

Insider Buying and Selling

In related news, major shareholder Veteran Equity Aggregator Eig sold 3,851 shares of USA Compression Partners stock in a transaction that occurred on Thursday, May 30th. The shares were sold at an average price of $24.12, for a total transaction of $92,886.12. Following the sale, the insider now directly owns 5,556,649 shares in the company, valued at approximately $134,026,373.88. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. In related news, major shareholder Veteran Equity Aggregator Eig sold 3,851 shares of USA Compression Partners stock in a transaction that occurred on Thursday, May 30th. The shares were sold at an average price of $24.12, for a total transaction of $92,886.12. Following the sale, the insider now directly owns 5,556,649 shares in the company, valued at approximately $134,026,373.88. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director Bradford D. Whitehurst bought 10,000 shares of the business’s stock in a transaction that occurred on Friday, May 10th. The shares were acquired at an average price of $24.66 per share, for a total transaction of $246,600.00. Following the completion of the transaction, the director now owns 13,616 shares in the company, valued at $335,770.56. The disclosure for this purchase can be found here. Insiders have sold a total of 6,114,954 shares of company stock worth $153,457,808 in the last ninety days.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in the company. Creekmur Asset Management LLC bought a new position in USA Compression Partners during the 4th quarter worth approximately $46,000. Seelaus Asset Management LLC raised its holdings in USA Compression Partners by 19.5% during the 3rd quarter. Seelaus Asset Management LLC now owns 12,278 shares of the oil and gas company’s stock worth $293,000 after purchasing an additional 2,000 shares during the last quarter. JNBA Financial Advisors bought a new position in USA Compression Partners during the 4th quarter worth approximately $46,000. Tower Research Capital LLC TRC raised its holdings in USA Compression Partners by 914.6% during the 4th quarter. Tower Research Capital LLC TRC now owns 3,196 shares of the oil and gas company’s stock worth $73,000 after purchasing an additional 2,881 shares during the last quarter. Finally, HighTower Advisors LLC raised its holdings in USA Compression Partners by 35.6% during the 3rd quarter. HighTower Advisors LLC now owns 24,394 shares of the oil and gas company’s stock worth $580,000 after purchasing an additional 6,404 shares during the last quarter. Institutional investors own 47.77% of the company’s stock.

About USA Compression Partners

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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.

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