USA Compression Partners (NYSE:USAC) Share Price Passes Above 200 Day Moving Average – Should You Sell?

USA Compression Partners, LP (NYSE:USAC) shares passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $26.33 and traded as high as $28.78. USA Compression Partners shares last traded at $27.8250, with a volume of 111,180 shares.

Analyst Ratings Changes

USAC has been the subject of a number of research reports. Zacks Research downgraded USA Compression Partners from a “strong-buy” rating to a “hold” rating in a report on Thursday, April 16th. Royal Bank Of Canada increased their target price on USA Compression Partners from $29.00 to $30.00 and gave the stock a “sector perform” rating in a research note on Friday. Stifel Nicolaus increased their target price on USA Compression Partners from $27.00 to $30.00 and gave the stock a “hold” rating in a research note on Wednesday, February 18th. Citigroup increased their target price on USA Compression Partners from $26.00 to $28.00 and gave the stock a “neutral” rating in a research note on Wednesday, May 13th. Finally, Texas Capital raised USA Compression Partners from a “hold” rating to a “strong-buy” rating in a research note on Monday, March 9th. One analyst has rated the stock with a Strong Buy rating, five have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $27.60.

USA Compression Partners Stock Performance

The stock has a market capitalization of $4.03 billion, a PE ratio of 28.69 and a beta of 0.21. The business has a 50 day moving average price of $27.93 and a 200 day moving average price of $26.33. The company has a debt-to-equity ratio of 9.41, a current ratio of 1.55 and a quick ratio of 0.86.

USA Compression Partners (NYSE:USAC) last released its earnings results on Tuesday, May 5th. The oil and gas company reported $0.27 EPS for the quarter, missing analysts’ consensus estimates of $0.35 by ($0.08). USA Compression Partners had a negative return on equity of 807.33% and a net margin of 11.91%.The company had revenue of $331.28 million during the quarter, compared to analysts’ expectations of $308.35 million. As a group, equities research analysts expect that USA Compression Partners, LP will post 1.21 earnings per share for the current year.

USA Compression Partners Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, May 8th. Investors of record on Monday, April 27th were given a dividend of $0.525 per share. The ex-dividend date of this dividend was Monday, April 27th. This represents a $2.10 annualized dividend and a dividend yield of 7.5%. USA Compression Partners’s dividend payout ratio (DPR) is 216.49%.

Institutional Investors Weigh In On USA Compression Partners

Several institutional investors have recently modified their holdings of USAC. Alps Advisors Inc. boosted its position in USA Compression Partners by 9.6% in the third quarter. Alps Advisors Inc. now owns 17,105,738 shares of the oil and gas company’s stock worth $410,538,000 after purchasing an additional 1,500,640 shares during the last quarter. Morgan Stanley boosted its position in USA Compression Partners by 123.5% in the fourth quarter. Morgan Stanley now owns 2,712,603 shares of the oil and gas company’s stock worth $62,390,000 after purchasing an additional 1,498,928 shares during the last quarter. Goldman Sachs Group Inc. boosted its position in USA Compression Partners by 82.7% in the first quarter. Goldman Sachs Group Inc. now owns 2,863,377 shares of the oil and gas company’s stock worth $77,254,000 after purchasing an additional 1,296,339 shares during the last quarter. JPMorgan Chase & Co. boosted its position in USA Compression Partners by 29.8% in the fourth quarter. JPMorgan Chase & Co. now owns 4,599,073 shares of the oil and gas company’s stock worth $105,779,000 after purchasing an additional 1,056,548 shares during the last quarter. Finally, Corient Private Wealth LLC boosted its position in USA Compression Partners by 131.7% in the second quarter. Corient Private Wealth LLC now owns 412,900 shares of the oil and gas company’s stock worth $10,038,000 after purchasing an additional 234,730 shares during the last quarter. 47.77% of the stock is owned by hedge funds and other institutional investors.

About USA Compression Partners

USA Compression Partners (NYSE: USAC) is a Houston-based master limited partnership specializing in natural gas compression services for oil and gas producers. The company offers a full suite of midstream compression solutions designed to enhance production flow and optimize field operations. Its core activities include the design, engineering, fabrication, installation, operation and maintenance of natural gas compression equipment onshore across key U.S. basins.

USA Compression’s product and service offerings encompass new equipment deployment, aftermarket parts and component sales, field service support, and instrumentation and control systems.