USA Compression Partners (NYSE:USAC) Lowered to Hold Rating by Wall Street Zen
by Tristan Rich · The Markets DailyWall Street Zen downgraded shares of USA Compression Partners (NYSE:USAC – Free Report) from a buy rating to a hold rating in a research report sent to investors on Saturday morning.
Several other equities analysts have also recently weighed in on the stock. Citigroup reaffirmed a “neutral” rating on shares of USA Compression Partners in a research note on Tuesday, December 2nd. Zacks Research downgraded shares of USA Compression Partners from a “strong-buy” rating to a “hold” rating in a research report on Thursday, January 1st. Three investment analysts have rated the stock with a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Reduce” and an average price target of $25.00.
Check Out Our Latest Stock Report on USA Compression Partners
USA Compression Partners Price Performance
Shares of USA Compression Partners stock opened at $25.01 on Friday. The firm has a market cap of $3.07 billion, a price-to-earnings ratio of 31.26 and a beta of 0.23. The stock’s 50-day moving average is $23.77 and its 200-day moving average is $23.81. USA Compression Partners has a one year low of $21.59 and a one year high of $30.10.
USA Compression Partners (NYSE:USAC – Get Free Report) last posted its quarterly earnings data on Wednesday, November 5th. The oil and gas company reported $0.26 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.22 by $0.04. The business had revenue of $250.26 million during the quarter, compared to the consensus estimate of $250.23 million. USA Compression Partners had a negative return on equity of 76.84% and a net margin of 10.99%. On average, equities analysts expect that USA Compression Partners will post 1.05 EPS for the current year.
USA Compression Partners Announces Dividend
The company also recently declared a quarterly dividend, which was paid on Friday, November 7th. Shareholders of record on Monday, October 27th were paid a $0.525 dividend. The ex-dividend date was Monday, October 27th. This represents a $2.10 dividend on an annualized basis and a yield of 8.4%. USA Compression Partners’s dividend payout ratio (DPR) is currently 262.50%.
Institutional Inflows and Outflows
Institutional investors have recently modified their holdings of the company. Alps Advisors Inc. lifted its stake in USA Compression Partners by 9.6% in the 3rd quarter. Alps Advisors Inc. now owns 17,105,738 shares of the oil and gas company’s stock valued at $410,538,000 after purchasing an additional 1,500,640 shares during the last quarter. JPMorgan Chase & Co. raised its stake in USA Compression Partners by 274.5% in the second quarter. JPMorgan Chase & Co. now owns 5,351,079 shares of the oil and gas company’s stock valued at $130,085,000 after buying an additional 3,922,383 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its position in shares of USA Compression Partners by 14.1% in the second quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 5,305,265 shares of the oil and gas company’s stock valued at $128,971,000 after buying an additional 654,001 shares during the last quarter. Goldman Sachs Group Inc. boosted its stake in shares of USA Compression Partners by 82.7% during the 1st quarter. Goldman Sachs Group Inc. now owns 2,863,377 shares of the oil and gas company’s stock worth $77,254,000 after acquiring an additional 1,296,339 shares during the period. Finally, Raymond James Financial Inc. boosted its stake in shares of USA Compression Partners by 2.5% during the 3rd quarter. Raymond James Financial Inc. now owns 562,735 shares of the oil and gas company’s stock worth $13,506,000 after acquiring an additional 13,992 shares during the period. 47.77% of the stock is currently owned by institutional investors and hedge funds.
USA Compression Partners Company Profile
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.