USA Compression Partners (NYSE:USAC) Upgraded at Wall Street Zen

Wall Street Zen upgraded shares of USA Compression Partners (NYSE:USAC) from a hold rating to a buy rating in a research report report published on Saturday morning,Wall Street Zen reports.

Other equities research analysts have also recently issued research reports about the stock. Mizuho boosted their target price 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. Zacks Research lowered USA Compression Partners from a “hold” rating to a “strong sell” rating in a report on Monday, July 6th. Citigroup lifted their price target on USA Compression Partners from $26.00 to $28.00 and gave the company a “neutral” rating in a research report on Wednesday, May 13th. Finally, Royal Bank Of Canada boosted their price objective on USA Compression Partners from $29.00 to $30.00 and gave the company a “sector perform” rating in a research note on Friday, June 5th. One equities research analyst has rated the stock with a Strong Buy rating, four have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $29.25.

USA Compression Partners Price Performance

USAC opened at $27.11 on Friday. The firm has a 50-day moving average price of $26.38 and a 200-day moving average price of $27.16. USA Compression Partners has a twelve month low of $21.85 and a twelve month high of $30.55. The company has a quick ratio of 0.68, a current ratio of 1.35 and a debt-to-equity ratio of 10.25. The company has a market capitalization of $3.93 billion, a price-to-earnings ratio of 25.58 and a beta of 0.22.

USA Compression Partners (NYSE:USAC) last announced its quarterly earnings results on Tuesday, August 4th. The oil and gas company reported $0.31 EPS for the quarter, beating analysts’ consensus estimates of $0.28 by $0.03. The company had revenue of $342.15 million for the quarter, compared to analysts’ expectations of $340.49 million. USA Compression Partners had a net margin of 12.43% and a return on equity of 179.77%. Equities analysts expect that USA Compression Partners will post 0.98 EPS for the current year.

USA Compression Partners Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, August 7th. Investors of record on Monday, July 27th were paid a dividend of $0.525 per share. The ex-dividend date of this dividend was Monday, July 27th. This represents a $2.10 annualized dividend and a yield of 7.7%. USA Compression Partners’s payout ratio is currently 198.11%.

Insiders Place Their Bets

In other news, Director Bradford D. Whitehurst bought 6,000 shares of the stock in a transaction on Friday, August 21st. The shares were acquired at an average cost of $26.10 per share, for a total transaction of $156,600.00. Following the purchase, the director directly owned 43,616 shares of the company’s stock, valued at $1,138,377.60. This trade represents a 15.95% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the company. Corient Private Wealth LP increased its holdings in shares of USA Compression Partners by 7.1% in the second quarter. Corient Private Wealth LP now owns 226,316 shares of the oil and gas company’s stock worth $5,972,000 after purchasing an additional 14,931 shares during the period. Ameritas Advisory Services LLC bought a new stake in USA Compression Partners during the second quarter valued at $238,000. First Bancorp Inc ME purchased a new position in USA Compression Partners during the second quarter worth about $117,000. Bank of New York Mellon Corp purchased a new position in USA Compression Partners during the second quarter worth about $423,000. Finally, Mallini Complete Financial Planning LLC grew its position in USA Compression Partners by 1.1% during the second quarter. Mallini Complete Financial Planning LLC now owns 95,530 shares of the oil and gas company’s stock worth $2,521,000 after buying an additional 1,041 shares in the last quarter. 47.77% of the stock is owned by institutional investors.

About USA Compression Partners

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.