WMG Financial Advisors LLC boosted its stake in shares of USA Compression Partners LP (NYSE:USAC – Free Report) by 5.6% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 23,374 shares of the oil and gas company’s stock after purchasing an additional 1,250 shares during the period. WMG Financial Advisors LLC’s holdings in USA Compression Partners were worth $551,000 as of its most recent filing with the SEC.
Several other large investors have also recently bought and sold shares of USAC. Truist Financial Corp acquired a new position in USA Compression Partners during the fourth quarter valued at approximately $2,428,000. Infrastructure Capital Advisors LLC lifted its position in shares of USA Compression Partners by 14.9% in the third quarter. Infrastructure Capital Advisors LLC now owns 196,206 shares of the oil and gas company’s stock valued at $4,497,000 after buying an additional 25,439 shares during the last quarter. Strategic Financial Concepts LLC acquired a new stake in shares of USA Compression Partners in the fourth quarter valued at approximately $333,000. D.A. Davidson & CO. acquired a new stake in shares of USA Compression Partners in the third quarter valued at approximately $279,000. Finally, Spring Capital Management LLC acquired a new stake in shares of USA Compression Partners in the fourth quarter valued at approximately $283,000. 47.77% of the stock is owned by institutional investors and hedge funds.
USA Compression Partners Trading Down 2.4 %
NYSE:USAC opened at $26.37 on Tuesday. The stock has a market cap of $3.10 billion, a P/E ratio of 36.12 and a beta of 1.34. The stock has a 50 day simple moving average of $26.00 and a 200 day simple moving average of $23.85. USA Compression Partners LP has a 1-year low of $21.06 and a 1-year high of $30.10.
USA Compression Partners Dividend Announcement
The company also recently declared a quarterly dividend, which was paid on Friday, February 7th. Investors of record on Monday, January 27th were issued a dividend of $0.525 per share. The ex-dividend date was Monday, January 27th. This represents a $2.10 annualized dividend and a yield of 7.96%. USA Compression Partners’s payout ratio is currently 287.67%.
Analyst Upgrades and Downgrades
A number of research firms have recently issued reports on USAC. Mizuho raised their price objective on USA Compression Partners from $24.00 to $26.00 and gave the company a “neutral” rating in a research report on Monday, February 3rd. Citigroup raised their price objective on USA Compression Partners from $24.00 to $27.00 and gave the company a “neutral” rating in a research report on Tuesday, February 25th. Finally, Royal Bank of Canada reaffirmed a “sector perform” rating and issued a $27.00 price objective on shares of USA Compression Partners in a research report on Friday, November 22nd. Four analysts have rated the stock with a hold rating and one has given a buy rating to the company’s stock. Based on data from MarketBeat, USA Compression Partners currently has a consensus rating of “Hold” and a consensus target price of $27.50.
Read Our Latest Stock Analysis on USA Compression Partners
USA Compression Partners 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.
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