USA Compression Partners, LP (NYSE:USAC - Get Free Report) Director Bradford Whitehurst purchased 4,000 shares of the business's stock in a transaction on Thursday, August 20th. The shares were bought at an average cost of $26.40 per share, for a total transaction of $105,600.00. Following the purchase, the director owned 37,616 shares of the company's stock, valued at $993,062.40. This trade represents a 11.90% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which is available through this link.
USA Compression Partners Stock Down 0.5%
Shares of NYSE USAC opened at $26.43 on Tuesday. USA Compression Partners, LP has a 52-week low of $21.85 and a 52-week high of $30.55. The firm has a fifty day moving average of $26.23 and a 200-day moving average of $27.14. The stock has a market capitalization of $3.83 billion, a PE ratio of 24.93 and a beta of 0.22. The company has a quick ratio of 0.68, a current ratio of 1.35 and a debt-to-equity ratio of 10.25.
USA Compression Partners (NYSE:USAC - Get Free Report) last released its quarterly earnings data on Tuesday, August 4th. The oil and gas company reported $0.31 EPS for the quarter, topping analysts' consensus estimates of $0.28 by $0.03. The business had revenue of $342.15 million during the quarter, compared to the consensus estimate of $340.49 million. USA Compression Partners had a return on equity of 179.77% and a net margin of 12.43%. On average, analysts anticipate that USA Compression Partners, LP will post 1 EPS for the current year.
USA Compression Partners Dividend Announcement
The company also recently declared a quarterly dividend, which was paid on Friday, August 7th. Shareholders of record on Monday, July 27th were paid a dividend of $0.525 per share. The ex-dividend date was Monday, July 27th. This represents a $2.10 annualized dividend and a yield of 7.9%. USA Compression Partners's dividend payout ratio is currently 198.11%.
Analysts Set New Price Targets
A number of equities analysts have recently commented on USAC shares. Royal Bank Of Canada raised their price objective on USA Compression Partners from $29.00 to $30.00 and gave the stock a "sector perform" rating in a report on Friday, June 5th. Zacks Research downgraded shares of USA Compression Partners from a "hold" rating to a "strong sell" rating in a research report on Monday, July 6th. Mizuho raised their price target on shares of USA Compression Partners from $28.00 to $29.00 and gave the company a "neutral" rating in a report on Friday, June 12th. Finally, Citigroup lifted their price target on shares of USA Compression Partners from $26.00 to $28.00 and gave the company a "neutral" rating in a research 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 assigned a Sell rating to the company's stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and an average target price of $29.25.
Read Our Latest Analysis on USA Compression Partners
Institutional Trading of USA Compression Partners
Several large investors have recently added to or reduced their stakes in the stock. Alps Advisors Inc. boosted its position in shares of USA Compression Partners by 3.8% in the fourth quarter. Alps Advisors Inc. now owns 17,748,200 shares of the oil and gas company's stock worth $408,209,000 after buying an additional 642,462 shares during the period. Royal Bank of Canada grew its stake in shares of USA Compression Partners by 38.5% in the first quarter. Royal Bank of Canada now owns 176,124 shares of the oil and gas company's stock valued at $4,776,000 after buying an additional 48,978 shares in the last quarter. ING Groep NV raised its holdings in shares of USA Compression Partners by 45.5% during the 4th quarter. ING Groep NV now owns 312,600 shares of the oil and gas company's stock valued at $7,190,000 after buying an additional 97,700 shares during the period. TSA Wealth Managment LLC purchased a new stake in shares of USA Compression Partners during the 1st quarter valued at about $236,000. Finally, Kestra Private Wealth Services LLC lifted its position in USA Compression Partners by 5.2% during the 1st quarter. Kestra Private Wealth Services LLC now owns 30,388 shares of the oil and gas company's stock worth $824,000 after acquiring an additional 1,503 shares in the last quarter. 47.77% of the stock is currently owned by institutional investors and hedge funds.
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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