8,689 Shares in USA Compression Partners LP (NYSE:USAC) Acquired by TSA Wealth Managment LLC

TSA Wealth Managment LLC bought a new position in USA Compression Partners LP (NYSE:USAC) in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund bought 8,689 shares of the oil and gas company’s stock, valued at approximately $205,000.

A number of other hedge funds also recently bought and sold shares of the company. WMG Financial Advisors LLC lifted its position in USA Compression Partners by 5.6% in the 4th quarter. WMG Financial Advisors LLC now owns 23,374 shares of the oil and gas company’s stock worth $551,000 after buying an additional 1,250 shares during the last quarter. Bravias Capital Group LLC bought a new stake in USA Compression Partners in the 4th quarter worth approximately $230,000. SVB Wealth LLC bought a new stake in USA Compression Partners in the 4th quarter worth approximately $207,000. GraniteShares Advisors LLC lifted its position in USA Compression Partners by 7.4% in the 4th quarter. GraniteShares Advisors LLC now owns 104,333 shares of the oil and gas company’s stock worth $2,458,000 after buying an additional 7,216 shares during the last quarter. Finally, D.A. Davidson & CO. lifted its position in USA Compression Partners by 61.1% in the 4th quarter. D.A. Davidson & CO. now owns 19,628 shares of the oil and gas company’s stock worth $462,000 after buying an additional 7,442 shares during the last quarter. Institutional investors own 47.77% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages have commented on USAC. Citigroup lifted their price target on USA Compression Partners from $24.00 to $27.00 and gave the stock a “neutral” rating in a research note on Tuesday, February 25th. Mizuho lifted their price target on USA Compression Partners from $24.00 to $26.00 and gave the stock a “neutral” rating in a research note on Monday, February 3rd. Finally, Royal Bank of Canada reaffirmed a “sector perform” rating and issued a $27.00 price target on shares of USA Compression Partners in a research note on Friday, November 22nd. Four research analysts have rated the stock with a hold rating and one has issued a buy rating to the company. According to data from MarketBeat.com, USA Compression Partners currently has an average rating of “Hold” and an average price target of $27.50.

USA Compression Partners Stock Performance

USAC opened at $26.37 on Tuesday. USA Compression Partners LP has a 52-week low of $21.06 and a 52-week high of $30.10. The stock has a market capitalization of $3.10 billion, a PE ratio of 36.12 and a beta of 1.34. The stock’s 50 day moving average price is $26.00 and its 200-day moving average price is $23.85.

USA Compression Partners (NYSE:USAC) last posted its earnings results on Tuesday, February 11th. The oil and gas company reported $0.18 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.24 by ($0.06). USA Compression Partners had a net margin of 10.48% and a negative return on equity of 62.46%. Research analysts forecast that USA Compression Partners LP will post 1.05 EPS for the current fiscal year.

USA Compression Partners Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, February 7th. Stockholders of record on Monday, January 27th were paid a dividend of $0.525 per share. The ex-dividend date of this dividend was Monday, January 27th. This represents a $2.10 annualized dividend and a dividend yield of 7.96%. USA Compression Partners’s dividend payout ratio (DPR) is presently 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.