StockNews.com Lowers USA Compression Partners (NYSE:USAC) to Hold

StockNews.com lowered shares of USA Compression Partners (NYSE:USAC – Get Rating) from a buy rating to a hold rating in a research note published on Monday morning.

A number of other equities research analysts also recently issued reports on the stock. Stifel Nicolaus increased their price objective on shares of USA Compression Partners from $18.00 to $21.00 in a research note on Wednesday, February 15th. Mizuho raised their price target on shares of USA Compression Partners from $19.00 to $22.00 and gave the company a neutral rating in a research note on Wednesday, February 15th. Royal Bank of Canada raised their price target on shares of USA Compression Partners from $19.00 to $23.00 and gave the company a sector perform rating in a research note on Wednesday, February 15th. Finally, JPMorgan Chase & Co. raised their price target on shares of USA Compression Partners from $17.00 to $20.00 and gave the company an underweight rating in a research note on Tuesday, March 7th.

USA Compression Partners Stock Down 1.5 %

Shares of USA Compression Partners stock opened at $20.10 on Monday. The company has a market capitalization of $1.98 billion, a price-to-earnings ratio of -105.79 and a beta of 1.54. USA Compression Partners has a 12-month low of $14.90 and a 12-month high of $21.95. The firm’s 50-day moving average price is $20.65 and its two-hundred day moving average price is $19.11.

USA Compression Partners Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, February 3rd. Investors of record on Monday, January 23rd were issued a $0.525 dividend. This represents a $2.10 dividend on an annualized basis and a yield of 10.45%. The ex-dividend date of this dividend was Friday, January 20th. This is a positive change from USA Compression Partners’s previous quarterly dividend of $0.51. USA Compression Partners’s dividend payout ratio (DPR) is -1,105.26%.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the business. State of Wyoming bought a new position in USA Compression Partners in the 4th quarter valued at approximately $32,000. National Bank of Canada FI raised its holdings in USA Compression Partners by 41.1% in the 3rd quarter. National Bank of Canada FI now owns 2,883 shares of the oil and gas company’s stock valued at $50,000 after buying an additional 840 shares during the last quarter. CNB Bank bought a new position in USA Compression Partners during the 2nd quarter worth approximately $50,000. Tower Research Capital LLC TRC raised its holdings in USA Compression Partners by 2,232.0% during the 3rd quarter. Tower Research Capital LLC TRC now owns 2,915 shares of the oil and gas company’s stock worth $51,000 after purchasing an additional 2,790 shares during the last quarter. Finally, SeaCrest Wealth Management LLC bought a new position in USA Compression Partners during the 2nd quarter worth approximately $55,000. Institutional investors own 23.02% of the company’s stock.

USA Compression Partners Company Profile

(Get Rating)

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.