USA Compression Partners (NYSE:USAC) Stock Price Passes Above Two Hundred Day Moving Average – Time to Sell?

Shares of USA Compression Partners LP (NYSE:USAC) passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $22.90 and traded as high as $25.75. USA Compression Partners shares last traded at $25.19, with a volume of 286,680 shares trading hands.

Wall Street Analysts Forecast Growth

A number of brokerages recently weighed in on USAC. Royal Bank of Canada reiterated a “sector perform” rating and issued a $27.00 price target on shares of USA Compression Partners in a research report on Friday, November 22nd. Mizuho cut their target price on shares of USA Compression Partners from $25.00 to $24.00 and set a “neutral” rating on the stock in a report on Wednesday, October 2nd. Finally, Citigroup started coverage on shares of USA Compression Partners in a report on Friday, September 27th. They issued a “neutral” rating and a $23.00 price target for the company. Four investment analysts have rated the stock with a hold rating and one has issued a buy rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $26.00.

USA Compression Partners Stock Performance

The firm has a market capitalization of $3.01 billion, a P/E ratio of 45.17 and a beta of 1.34. The firm’s 50-day moving average is $23.47 and its 200 day moving average is $22.94.

USA Compression Partners (NYSE:USAC) last issued its quarterly earnings results on Tuesday, November 5th. The oil and gas company reported $0.13 EPS for the quarter, missing analysts’ consensus estimates of $0.20 by ($0.07). The firm had revenue of $239.97 million during the quarter, compared to the consensus estimate of $238.37 million. USA Compression Partners had a net margin of 9.36% and a negative return on equity of 47.53%. During the same quarter last year, the firm earned $0.09 earnings per share. As a group, research analysts expect that USA Compression Partners LP will post 0.8 EPS for the current fiscal year.

USA Compression Partners Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, February 7th. Shareholders of record on Monday, January 27th will be given a dividend of $0.525 per share. This represents a $2.10 dividend on an annualized basis and a yield of 8.16%. The ex-dividend date of this dividend is Monday, January 27th. USA Compression Partners’s dividend payout ratio (DPR) is currently 368.43%.

Institutional Trading of USA Compression Partners

Hedge funds and other institutional investors have recently made changes to their positions in the business. Infrastructure Capital Advisors LLC boosted its holdings in USA Compression Partners by 14.9% during the third quarter. Infrastructure Capital Advisors LLC now owns 196,206 shares of the oil and gas company’s stock worth $4,497,000 after purchasing an additional 25,439 shares during the last quarter. Americana Partners LLC acquired a new position in shares of USA Compression Partners during the 3rd quarter worth about $322,000. Chicago Partners Investment Group LLC boosted its stake in shares of USA Compression Partners by 20.7% during the 3rd quarter. Chicago Partners Investment Group LLC now owns 75,770 shares of the oil and gas company’s stock worth $1,663,000 after buying an additional 12,978 shares during the last quarter. D.A. Davidson & CO. bought a new position in shares of USA Compression Partners in the 3rd quarter valued at about $279,000. Finally, Spring Capital Management LLC acquired a new stake in shares of USA Compression Partners in the fourth quarter valued at about $283,000. 47.77% of the stock is currently owned by institutional investors and hedge funds.

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.