World Investment Advisors LLC Grows Position in USA Compression Partners LP (NYSE:USAC)

World Investment Advisors LLC grew its position in shares of USA Compression Partners LP (NYSE:USAC) by 9.0% in the 3rd quarter, Holdings Channel.com reports. The firm owned 11,720 shares of the oil and gas company’s stock after buying an additional 970 shares during the period. World Investment Advisors LLC’s holdings in USA Compression Partners were worth $269,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also recently made changes to their positions in the company. Raymond James Financial Services Advisors Inc. grew its position in USA Compression Partners by 12.7% during the second quarter. Raymond James Financial Services Advisors Inc. now owns 533,424 shares of the oil and gas company’s stock valued at $12,658,000 after buying an additional 60,010 shares during the period. Cambridge Investment Research Advisors Inc. grew its position in shares of USA Compression Partners by 252.1% during the 2nd quarter. Cambridge Investment Research Advisors Inc. now owns 44,596 shares of the oil and gas company’s stock valued at $1,058,000 after acquiring an additional 31,930 shares during the period. GraniteShares Advisors LLC increased its stake in shares of USA Compression Partners by 14.3% in the 2nd quarter. GraniteShares Advisors LLC now owns 81,336 shares of the oil and gas company’s stock valued at $1,930,000 after purchasing an additional 10,146 shares in the last quarter. Custom Index Systems LLC acquired a new position in USA Compression Partners in the 2nd quarter worth about $1,329,000. Finally, Sunbelt Securities Inc. boosted its position in USA Compression Partners by 12.2% during the second quarter. Sunbelt Securities Inc. now owns 4,445 shares of the oil and gas company’s stock worth $105,000 after purchasing an additional 485 shares in the last quarter. 47.77% of the stock is currently owned by institutional investors and hedge funds.

USA Compression Partners Price Performance

Shares of NYSE:USAC opened at $22.13 on Thursday. USA Compression Partners LP has a 1 year low of $21.06 and a 1 year high of $28.47. The firm has a market capitalization of $2.59 billion, a PE ratio of 38.83 and a beta of 1.34. The business’s 50 day moving average price is $22.88 and its 200-day moving average price is $22.95.

USA Compression Partners (NYSE:USAC) last announced its earnings results on Tuesday, November 5th. The oil and gas company reported $0.13 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.20 by ($0.07). USA Compression Partners had a negative return on equity of 47.53% and a net margin of 9.36%. The business had revenue of $239.97 million for the quarter, compared to analyst estimates of $238.37 million. During the same period last year, the firm earned $0.09 EPS. As a group, analysts expect that USA Compression Partners LP will post 0.8 earnings per share for the current year.

USA Compression Partners Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, November 1st. Investors of record on Monday, October 21st were paid a dividend of $0.525 per share. The ex-dividend date was Monday, October 21st. This represents a $2.10 annualized dividend and a yield of 9.49%. USA Compression Partners’s dividend payout ratio is presently 368.42%.

Wall Street Analyst Weigh In

A number of analysts have recently commented on the company. Mizuho cut their price objective on USA Compression Partners from $25.00 to $24.00 and set a “neutral” rating for the company in a research report on Wednesday, October 2nd. Citigroup started coverage on shares of USA Compression Partners in a report on Friday, September 27th. They issued a “neutral” rating and a $23.00 price target for the company. Finally, Royal Bank of Canada restated a “sector perform” rating and set a $27.00 price objective on shares of USA Compression Partners in a research report on Friday, November 22nd. Four equities research analysts have rated the stock with a hold rating and one has issued a buy rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $26.00.

About USA Compression Partners

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.