GSA Capital Partners LLP Lowers Holdings in USA Compression Partners, LP $USAC

GSA Capital Partners LLP trimmed its holdings in USA Compression Partners, LP (NYSE:USAC) by 70.3% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 10,980 shares of the oil and gas company’s stock after selling 26,026 shares during the quarter. GSA Capital Partners LLP’s holdings in USA Compression Partners were worth $264,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. ING Groep NV bought a new position in shares of USA Compression Partners during the third quarter worth $5,158,000. JPMorgan Chase & Co. lifted its stake in USA Compression Partners by 274.5% in the 2nd quarter. JPMorgan Chase & Co. now owns 5,351,079 shares of the oil and gas company’s stock worth $130,085,000 after purchasing an additional 3,922,383 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in shares of USA Compression Partners by 14.1% during the 2nd quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 5,305,265 shares of the oil and gas company’s stock valued at $128,971,000 after purchasing an additional 654,001 shares during the last quarter. Alps Advisors Inc. grew its position in shares of USA Compression Partners by 9.6% during the third quarter. Alps Advisors Inc. now owns 17,105,738 shares of the oil and gas company’s stock valued at $410,538,000 after purchasing an additional 1,500,640 shares in the last quarter. Finally, Corient Private Wealth LLC increased its holdings in shares of USA Compression Partners by 15.9% in the second quarter. Corient Private Wealth LLC now owns 206,450 shares of the oil and gas company’s stock worth $5,019,000 after purchasing an additional 28,280 shares during the last quarter. Institutional investors own 47.77% of the company’s stock.

USA Compression Partners Stock Performance

NYSE USAC opened at $27.25 on Friday. The business’s 50 day moving average price is $25.27 and its 200-day moving average price is $24.25. USA Compression Partners, LP has a fifty-two week low of $21.59 and a fifty-two week high of $28.09. The company has a market cap of $3.95 billion, a P/E ratio of 32.43 and a beta of 0.23.

USA Compression Partners (NYSE:USAC) last posted its quarterly earnings data on Tuesday, February 17th. The oil and gas company reported $0.28 EPS for the quarter, hitting the consensus estimate of $0.28. USA Compression Partners had a net margin of 11.15% and a negative return on equity of 87.34%. The company had revenue of $252.48 million during the quarter, compared to analyst estimates of $253.43 million. As a group, equities analysts predict that USA Compression Partners, LP will post 1.05 EPS for the current year.

USA Compression Partners Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, February 6th. Investors of record on Monday, January 26th were given a $0.525 dividend. This represents a $2.10 dividend on an annualized basis and a yield of 7.7%. The ex-dividend date of this dividend was Monday, January 26th. USA Compression Partners’s dividend payout ratio is 250.00%.

Analyst Ratings Changes

A number of brokerages recently commented on USAC. Mizuho increased their price target on USA Compression Partners from $23.00 to $25.00 and gave the company a “neutral” rating in a research note on Monday, January 12th. Stifel Nicolaus upped their price objective on USA Compression Partners from $27.00 to $30.00 and gave the stock a “hold” rating in a report on Wednesday, February 18th. Wall Street Zen downgraded USA Compression Partners from a “buy” rating to a “hold” rating in a research report on Saturday, February 21st. Citigroup restated a “neutral” rating on shares of USA Compression Partners in a research report on Tuesday, December 2nd. Finally, Zacks Research upgraded shares of USA Compression Partners from a “hold” rating to a “strong-buy” rating in a research report on Friday, February 20th. One equities research analyst has rated the stock with a Strong Buy rating, three have given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, USA Compression Partners currently has an average rating of “Hold” and a consensus price target of $26.67.

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.