Insider Buying: USA Compression Partners (NYSE:USAC) Director Acquires 4,000 Shares of Stock

USA Compression Partners, LP (NYSE:USAC) Director Bradford Whitehurst bought 4,000 shares of the firm’s stock in a transaction on Thursday, August 20th. The stock was acquired at an average cost of $26.40 per share, with a total value of $105,600.00. Following the transaction, the director owned 37,616 shares in the company, valued at $993,062.40. The trade was a 11.90% increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website.

USA Compression Partners Stock Performance

Shares of NYSE USAC traded down $0.12 during trading on Monday, reaching $26.43. 279,012 shares of the company traded hands, compared to its average volume of 231,195. The firm has a 50 day simple moving average of $26.22 and a 200-day simple moving average of $27.14. 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 stock has a market capitalization of $3.83 billion, a PE ratio of 24.93 and a beta of 0.22. USA Compression Partners, LP has a 52-week low of $21.85 and a 52-week high of $30.55.

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, topping analysts’ consensus estimates of $0.28 by $0.03. USA Compression Partners had a net margin of 12.43% and a return on equity of 179.77%. The firm had revenue of $342.15 million during the quarter, compared to analyst estimates of $340.49 million. Equities research analysts anticipate that USA Compression Partners, LP will post 1 earnings per share for the current year.

USA Compression Partners Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, August 7th. Shareholders of record on Monday, July 27th were paid a dividend of $0.525 per share. The ex-dividend date was Monday, July 27th. This represents a $2.10 dividend on an annualized basis and a yield of 7.9%. USA Compression Partners’s payout ratio is currently 198.11%.

Analysts Set New Price Targets

USAC has been the subject of a number of research reports. Royal Bank Of Canada upped their price objective on USA Compression Partners from $29.00 to $30.00 and gave the company a “sector perform” rating in a research report on Friday, June 5th. Mizuho boosted their price target on USA Compression Partners from $28.00 to $29.00 and gave the company a “neutral” rating in a research note on Friday, June 12th. Zacks Research lowered shares of USA Compression Partners from a “hold” rating to a “strong sell” rating in a research report on Monday, July 6th. Finally, Citigroup increased their price objective on shares of USA Compression Partners from $26.00 to $28.00 and gave the stock a “neutral” rating in a research note on Wednesday, May 13th. One analyst has rated the stock with a Strong Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, USA Compression Partners currently has an average rating of “Hold” and a consensus target price of $29.25.

Hedge Funds Weigh In On USA Compression Partners

A number of institutional investors have recently bought and sold shares of USAC. BNP Paribas Financial Markets grew its holdings in USA Compression Partners by 233.3% during the third quarter. BNP Paribas Financial Markets now owns 1,443 shares of the oil and gas company’s stock valued at $35,000 after purchasing an additional 1,010 shares during the period. MV Capital Management Inc. bought a new position in shares of USA Compression Partners during the 4th quarter valued at approximately $86,000. First Bancorp Inc ME purchased a new stake in USA Compression Partners in the 2nd quarter worth approximately $117,000. One Charles Private Wealth Services LLC bought a new stake in USA Compression Partners during the 1st quarter worth approximately $212,000. Finally, TSA Wealth Managment LLC bought a new position in shares of USA Compression Partners in the first quarter worth approximately $236,000. 47.77% of the stock is owned by institutional investors.

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.