Infrastructure Capital Advisors LLC Purchases 25,439 Shares of USA Compression Partners LP (NYSE:USAC)

Infrastructure Capital Advisors LLC lifted its position in shares of USA Compression Partners LP (NYSE:USAC) by 14.9% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 196,206 shares of the oil and gas company’s stock after acquiring an additional 25,439 shares during the period. Infrastructure Capital Advisors LLC owned approximately 0.17% of USA Compression Partners worth $4,497,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently made changes to their positions in USAC. Raymond James Financial Services Advisors Inc. lifted its holdings in shares of USA Compression Partners by 12.7% during the 2nd quarter. Raymond James Financial Services Advisors Inc. now owns 533,424 shares of the oil and gas company’s stock worth $12,658,000 after acquiring an additional 60,010 shares during the period. Custom Index Systems LLC acquired a new position in USA Compression Partners during the 2nd quarter worth approximately $1,329,000. Cambridge Investment Research Advisors Inc. increased its position in USA Compression Partners by 252.1% during the 2nd quarter. Cambridge Investment Research Advisors Inc. now owns 44,596 shares of the oil and gas company’s stock worth $1,058,000 after purchasing an additional 31,930 shares in the last quarter. Americana Partners LLC acquired a new position in USA Compression Partners during the 3rd quarter worth approximately $322,000. Finally, Chicago Partners Investment Group LLC increased its position in 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 purchasing an additional 12,978 shares in the last quarter. Institutional investors own 47.77% of the company’s stock.

USA Compression Partners Stock Performance

Shares of NYSE USAC opened at $23.93 on Friday. USA Compression Partners LP has a 52-week low of $21.06 and a 52-week high of $28.47. The firm has a 50 day moving average price of $22.81 and a two-hundred day moving average price of $23.07. The stock has a market cap of $2.80 billion, a P/E ratio of 41.98 and a beta of 1.32.

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

USA Compression Partners Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, November 1st. Stockholders of record on Monday, October 21st were given a dividend of $0.525 per share. This represents a $2.10 annualized dividend and a dividend yield of 8.78%. The ex-dividend date of this dividend was Monday, October 21st. USA Compression Partners’s dividend payout ratio (DPR) is presently 368.43%.

Analyst Upgrades and Downgrades

A number of research firms recently issued reports on USAC. Citigroup began coverage on shares of USA Compression Partners in a research report on Friday, September 27th. They set a “neutral” rating and a $23.00 price objective for the company. Mizuho lowered their price objective on shares of USA Compression Partners from $25.00 to $24.00 and set a “neutral” rating for the company in a research report on Wednesday, October 2nd. Finally, Royal Bank of Canada restated 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. Four equities research analysts have rated the stock with a hold rating and one has given a buy rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $26.00.

About USA Compression Partners

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.