WMG Financial Advisors LLC grew its holdings in USA Compression Partners LP (NYSE:USAC – Free Report) by 5.6% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 23,374 shares of the oil and gas company’s stock after buying an additional 1,250 shares during the quarter. WMG Financial Advisors LLC’s holdings in USA Compression Partners were worth $551,000 at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors also recently made changes to their positions in USAC. Rockefeller Capital Management L.P. grew its position in shares of USA Compression Partners by 0.4% during the 3rd quarter. Rockefeller Capital Management L.P. now owns 211,521 shares of the oil and gas company’s stock worth $4,848,000 after buying an additional 833 shares during the period. Infrastructure Capital Advisors LLC boosted its stake in USA Compression Partners by 14.9% in the third quarter. Infrastructure Capital Advisors LLC now owns 196,206 shares of the oil and gas company’s stock valued at $4,497,000 after acquiring an additional 25,439 shares during the last quarter. GraniteShares Advisors LLC grew its holdings in USA Compression Partners by 7.4% during the 4th quarter. GraniteShares Advisors LLC now owns 104,333 shares of the oil and gas company’s stock worth $2,458,000 after acquiring an additional 7,216 shares during the period. Truist Financial Corp bought a new stake in shares of USA Compression Partners during the 4th quarter valued at $2,428,000. Finally, GSA Capital Partners LLP lifted its stake in shares of USA Compression Partners by 2.7% in the 3rd quarter. GSA Capital Partners LLP now owns 92,955 shares of the oil and gas company’s stock valued at $2,131,000 after purchasing an additional 2,425 shares during the period. 47.77% of the stock is currently owned by institutional investors and hedge funds.
Analyst Ratings Changes
A number of equities research analysts recently commented on the company. Mizuho lifted their price objective on USA Compression Partners from $24.00 to $26.00 and gave the stock a “neutral” rating in a research note on Monday, February 3rd. Royal Bank of Canada reiterated a “sector perform” rating and issued a $27.00 price objective on shares of USA Compression Partners in a report on Friday, November 22nd. Finally, Citigroup upped their price objective on USA Compression Partners from $24.00 to $27.00 and gave the company a “neutral” rating in a report on Tuesday, February 25th. Four research analysts have rated the stock with a hold rating and one has assigned a buy rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $27.50.
USA Compression Partners Trading Down 2.4 %
NYSE USAC opened at $26.37 on Tuesday. USA Compression Partners LP has a 12 month low of $21.06 and a 12 month high of $30.10. The stock has a 50-day simple moving average of $26.00 and a 200 day simple moving average of $23.85. The company has a market capitalization of $3.10 billion, a PE ratio of 36.12 and a beta of 1.34.
USA Compression Partners (NYSE:USAC – Get Free Report) last announced its quarterly earnings results on Tuesday, February 11th. The oil and gas company reported $0.18 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.24 by ($0.06). USA Compression Partners had a negative return on equity of 62.46% and a net margin of 10.48%. As a group, sell-side analysts predict that USA Compression Partners LP will post 1.05 earnings per share for the current fiscal year.
USA Compression Partners Announces Dividend
The firm also recently declared a quarterly dividend, which was paid on Friday, February 7th. Shareholders of record on Monday, January 27th were issued a $0.525 dividend. The ex-dividend date of this dividend was Monday, January 27th. This represents a $2.10 annualized dividend and a dividend yield of 7.96%. USA Compression Partners’s dividend payout ratio (DPR) is currently 287.67%.
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.
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