Dividend Assets Capital LLC Decreases Position in USA Compression Partners LP (NYSE:USAC)

Dividend Assets Capital LLC lowered its stake in shares of USA Compression Partners LP (NYSE:USAC) by 10.0% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 45,764 shares of the oil and gas company’s stock after selling 5,102 shares during the quarter. Dividend Assets Capital LLC’s holdings in USA Compression Partners were worth $1,078,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also modified their holdings of USAC. Allworth Financial LP increased its position in shares of USA Compression Partners by 3,054.8% during the third quarter. Allworth Financial LP now owns 1,325 shares of the oil and gas company’s stock worth $30,000 after purchasing an additional 1,283 shares in the last quarter. Childress Capital Advisors LLC increased its position in USA Compression Partners by 61.1% during the third quarter. Childress Capital Advisors LLC now owns 31,250 shares of the oil and gas company’s stock worth $716,000 after buying an additional 11,850 shares during the period. Americana Partners LLC purchased a new stake in USA Compression Partners in the third quarter valued at approximately $322,000. Chicago Partners Investment Group LLC boosted its holdings in shares of USA Compression Partners by 20.7% in the third quarter. Chicago Partners Investment Group LLC now owns 75,770 shares of the oil and gas company’s stock valued at $1,663,000 after acquiring an additional 12,978 shares during the period. Finally, GSA Capital Partners LLP boosted its holdings in shares of USA Compression Partners by 2.7% in the third quarter. GSA Capital Partners LLP now owns 92,955 shares of the oil and gas company’s stock valued at $2,131,000 after acquiring an additional 2,425 shares during the period. Hedge funds and other institutional investors own 47.77% of the company’s stock.

USA Compression Partners Price Performance

Shares of NYSE USAC opened at $27.94 on Friday. The stock has a fifty day moving average price of $25.31 and a 200 day moving average price of $23.55. USA Compression Partners LP has a 1-year low of $21.06 and a 1-year high of $30.10. The company has a market cap of $3.28 billion, a PE ratio of 38.27 and a beta of 1.34.

USA Compression Partners (NYSE:USAC) last released its earnings results on Tuesday, February 11th. The oil and gas company reported $0.18 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%. Analysts anticipate that USA Compression Partners LP will post 1.05 earnings per share for the current fiscal year.

USA Compression Partners Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, February 7th. Investors of record on Monday, January 27th were given a $0.525 dividend. The ex-dividend date of this dividend was Monday, January 27th. This represents a $2.10 dividend on an annualized basis and a yield of 7.52%. USA Compression Partners’s payout ratio is currently 287.67%.

Analysts Set New Price Targets

USAC has been the topic of a number of recent research reports. Mizuho lifted their target price on shares of USA Compression Partners from $24.00 to $26.00 and gave the company a “neutral” rating in a report on Monday, February 3rd. Royal Bank of Canada restated a “sector perform” rating and issued a $27.00 price objective on shares of USA Compression Partners in a research note on Friday, November 22nd. Four research analysts have rated the stock with a hold rating and one has issued a buy rating to the company. According to data from MarketBeat, USA Compression Partners currently has a consensus rating of “Hold” and a consensus target price of $26.50.

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.