Veteran Equity Aggregator Eig Sells 1,602 Shares of USA Compression Partners LP (NYSE:USAC) Stock

USA Compression Partners LP (NYSE:USACGet Free Report) major shareholder Veteran Equity Aggregator Eig sold 1,602 shares of USA Compression Partners stock in a transaction on Wednesday, June 5th. The stock was sold at an average price of $24.00, for a total transaction of $38,448.00. Following the completion of the sale, the insider now owns 5,544,986 shares of the company’s stock, valued at approximately $133,079,664. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Major shareholders that own 10% or more of a company’s shares are required to disclose their sales and purchases with the SEC.

Veteran Equity Aggregator Eig also recently made the following trade(s):

  • On Thursday, May 30th, Veteran Equity Aggregator Eig sold 3,851 shares of USA Compression Partners stock. The stock was sold at an average price of $24.12, for a total transaction of $92,886.12.
  • On Friday, May 24th, Veteran Equity Aggregator Eig sold 13,879 shares of USA Compression Partners stock. The stock was sold at an average price of $24.01, for a total transaction of $333,234.79.
  • On Tuesday, May 28th, Veteran Equity Aggregator Eig sold 8,184 shares of USA Compression Partners stock. The shares were sold at an average price of $24.01, for a total transaction of $196,497.84.
  • On Wednesday, May 22nd, Veteran Equity Aggregator Eig sold 65,432 shares of USA Compression Partners stock. The shares were sold at an average price of $24.47, for a total transaction of $1,601,121.04.
  • On Monday, May 20th, Veteran Equity Aggregator Eig sold 29,446 shares of USA Compression Partners stock. The shares were sold at an average price of $24.76, for a total transaction of $729,082.96.
  • On Friday, May 17th, Veteran Equity Aggregator Eig sold 44,527 shares of USA Compression Partners stock. The shares were sold at an average price of $24.29, for a total transaction of $1,081,560.83.
  • On Wednesday, May 15th, Veteran Equity Aggregator Eig sold 19,388 shares of USA Compression Partners stock. The shares were sold at an average price of $24.12, for a total transaction of $467,638.56.
  • On Monday, May 13th, Veteran Equity Aggregator Eig sold 6,672 shares of USA Compression Partners stock. The shares were sold at an average price of $24.21, for a total transaction of $161,529.12.
  • On Thursday, May 9th, Veteran Equity Aggregator Eig sold 9,713 shares of USA Compression Partners stock. The shares were sold at an average price of $25.14, for a total transaction of $244,184.82.
  • On Tuesday, May 7th, Veteran Equity Aggregator Eig sold 24,565 shares of USA Compression Partners stock. The shares were sold at an average price of $24.87, for a total transaction of $610,931.55.

USA Compression Partners Stock Down 0.0 %

USAC stock opened at $23.85 on Friday. The company has a market capitalization of $2.46 billion, a P/E ratio of 58.17 and a beta of 1.32. The company has a 50-day simple moving average of $24.89 and a 200 day simple moving average of $24.92. USA Compression Partners LP has a fifty-two week low of $19.14 and a fifty-two week high of $28.47.

USA Compression Partners (NYSE:USACGet Free Report) last posted its quarterly earnings data on Tuesday, May 7th. The oil and gas company reported $0.16 earnings per share for the quarter, topping the consensus estimate of $0.12 by $0.04. The business had revenue of $229.28 million during the quarter, compared to the consensus estimate of $226.43 million. USA Compression Partners had a net margin of 9.21% and a negative return on equity of 31.50%. Equities analysts anticipate that USA Compression Partners LP will post 0.77 EPS for the current year.

USA Compression Partners Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, May 3rd. Investors of record on Monday, April 22nd were issued a $0.525 dividend. This represents a $2.10 annualized dividend and a yield of 8.81%. The ex-dividend date was Friday, April 19th. USA Compression Partners’s payout ratio is currently 512.20%.

Institutional Investors Weigh In On USA Compression Partners

Institutional investors have recently bought and sold shares of the stock. SVB Wealth LLC acquired a new stake in USA Compression Partners in the 1st quarter valued at about $297,000. Energy Income Partners LLC lifted its holdings in USA Compression Partners by 7.8% in the 1st quarter. Energy Income Partners LLC now owns 478,431 shares of the oil and gas company’s stock valued at $12,760,000 after acquiring an additional 34,817 shares during the last quarter. TSA Wealth Managment LLC acquired a new stake in USA Compression Partners in the 1st quarter valued at about $232,000. Susquehanna Fundamental Investments LLC acquired a new stake in USA Compression Partners in the 1st quarter valued at about $1,107,000. Finally, Jennison Associates LLC acquired a new stake in USA Compression Partners in the 1st quarter valued at about $4,775,000. Institutional investors and hedge funds own 47.77% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts have recently commented on the stock. StockNews.com upgraded shares of USA Compression Partners from a “hold” rating to a “buy” rating in a research report on Thursday, May 16th. Mizuho upgraded shares of USA Compression Partners from an “underperform” rating to a “neutral” rating and upped their price target for the stock from $23.00 to $26.00 in a research report on Thursday, May 30th. Finally, Raymond James upped their price target on shares of USA Compression Partners from $28.00 to $30.00 and gave the stock an “outperform” rating in a research report on Tuesday, April 16th. Three equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $25.50.

View Our Latest Stock Report on USA Compression Partners

USA Compression Partners Company Profile

(Get Free Report)

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.

See Also

Insider Buying and Selling by Quarter for USA Compression Partners (NYSE:USAC)

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