CFM Wealth Partners LLC Sells 1,758 Shares of USA Compression Partners LP (NYSE:USAC)

CFM Wealth Partners LLC lowered its position in shares of USA Compression Partners LP (NYSE:USAC) by 2.3% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 74,038 shares of the oil and gas company’s stock after selling 1,758 shares during the period. CFM Wealth Partners LLC’s holdings in USA Compression Partners were worth $1,744,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. Chicago Partners Investment Group LLC grew its position in shares of USA Compression Partners by 1.6% during the 4th quarter. Chicago Partners Investment Group LLC now owns 77,002 shares of the oil and gas company’s stock valued at $1,831,000 after purchasing an additional 1,232 shares in the last quarter. Spring Capital Management LLC bought a new stake in USA Compression Partners during the fourth quarter valued at $283,000. World Investment Advisors LLC grew its position in USA Compression Partners by 9.0% during the third quarter. World Investment Advisors LLC now owns 11,720 shares of the oil and gas company’s stock worth $269,000 after buying an additional 970 shares in the last quarter. Sanctuary Advisors LLC increased its stake in USA Compression Partners by 9.2% in the 3rd quarter. Sanctuary Advisors LLC now owns 9,052 shares of the oil and gas company’s stock worth $215,000 after acquiring an additional 766 shares during the last quarter. Finally, Sunbelt Securities Inc. raised its holdings in shares of USA Compression Partners by 16.4% in the 3rd quarter. Sunbelt Securities Inc. now owns 5,175 shares of the oil and gas company’s stock valued at $119,000 after acquiring an additional 730 shares in the last quarter. Institutional investors own 47.77% of the company’s stock.

USA Compression Partners Stock Down 4.2 %

NYSE USAC opened at $26.61 on Monday. The stock’s 50-day simple moving average is $23.96 and its two-hundred day simple moving average is $23.06. USA Compression Partners LP has a twelve month low of $21.06 and a twelve month high of $28.47. The company has a market capitalization of $3.11 billion, a price-to-earnings ratio of 46.68 and a beta of 1.34.

USA Compression Partners (NYSE:USAC) last announced its quarterly earnings data on Tuesday, November 5th. The oil and gas company reported $0.13 EPS for the quarter, missing the consensus estimate of $0.20 by ($0.07). The firm had revenue of $239.97 million for 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 company posted $0.09 earnings per share. On average, equities analysts expect that USA Compression Partners LP will post 0.8 earnings per share for the current fiscal year.

USA Compression Partners Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, February 7th. Stockholders of record on Monday, January 27th will be issued a $0.525 dividend. The ex-dividend date of this dividend is Monday, January 27th. This represents a $2.10 dividend on an annualized basis and a dividend yield of 7.89%. USA Compression Partners’s payout ratio is 368.43%.

Wall Street Analyst Weigh In

Separately, Royal Bank of Canada restated a “sector perform” rating and issued a $27.00 price objective on shares of USA Compression Partners in a research report 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. Based on data from MarketBeat, the company presently has an average rating of “Hold” and an average target price of $26.00.

USA Compression Partners 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.