Mallini Complete Financial Planning LLC Buys New Position in USA Compression Partners LP (NYSE:USAC)

Mallini Complete Financial Planning LLC bought a new stake in USA Compression Partners LP (NYSE:USAC) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 92,380 shares of the oil and gas company’s stock, valued at approximately $2,176,000. USA Compression Partners comprises approximately 2.1% of Mallini Complete Financial Planning LLC’s investment portfolio, making the stock its 7th biggest position. Mallini Complete Financial Planning LLC owned about 0.08% of USA Compression Partners as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently added to or reduced their stakes in the company. Sunbelt Securities Inc. raised its stake in USA Compression Partners by 16.4% in the 3rd quarter. Sunbelt Securities Inc. now owns 5,175 shares of the oil and gas company’s stock valued at $119,000 after purchasing an additional 730 shares during the last quarter. TSA Wealth Managment LLC acquired a new position in USA Compression Partners in the 4th quarter valued at about $205,000. SVB Wealth LLC acquired a new position in USA Compression Partners in the 4th quarter valued at about $207,000. Stifel Financial Corp acquired a new position in USA Compression Partners in the 3rd quarter valued at about $210,000. Finally, Sanctuary Advisors LLC raised its stake in USA Compression Partners by 9.2% in the 3rd quarter. Sanctuary Advisors LLC now owns 9,052 shares of the oil and gas company’s stock valued at $215,000 after purchasing an additional 766 shares during the last quarter. Institutional investors and hedge funds own 47.77% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts have recently commented on USAC shares. Mizuho upped their price objective on shares of USA Compression Partners from $24.00 to $26.00 and gave the company a “neutral” rating in a research note on Monday, February 3rd. JPMorgan Chase & Co. upped their price objective on shares of USA Compression Partners from $23.00 to $24.00 and gave the company an “underweight” rating in a research note on Tuesday. Royal Bank of Canada reaffirmed a “sector perform” rating and set a $27.00 price objective on shares of USA Compression Partners in a research note on Friday, November 22nd. Finally, Citigroup upped their price objective on shares of USA Compression Partners from $24.00 to $27.00 and gave the company a “neutral” rating in a research note on Tuesday, February 25th. One analyst has rated the stock with a sell rating, four have assigned a hold rating and one has issued a buy rating to the stock. According to MarketBeat.com, USA Compression Partners currently has an average rating of “Hold” and a consensus price target of $26.80.

USA Compression Partners Stock Performance

Shares of NYSE:USAC opened at $26.33 on Friday. USA Compression Partners LP has a 1 year low of $21.06 and a 1 year high of $30.10. The stock has a market capitalization of $3.09 billion, a P/E ratio of 36.06 and a beta of 1.31. The stock has a 50-day simple moving average of $26.38 and a 200-day simple moving average of $24.04.

USA Compression Partners (NYSE:USAC) last issued its earnings results on Tuesday, February 11th. The oil and gas company reported $0.18 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates 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 predict that USA Compression Partners LP will post 1.05 earnings per share for the current year.

USA Compression Partners Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, February 7th. Stockholders of record on Monday, January 27th were issued a dividend of $0.525 per share. This represents a $2.10 dividend on an annualized basis and a dividend yield of 7.98%. The ex-dividend date of this dividend was Monday, January 27th. USA Compression Partners’s payout ratio is currently 287.67%.

USA Compression Partners Company Profile

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.