USA Compression Partners (NYSE:USAC – Get Free Report) was upgraded by analysts at StockNews.com from a “hold” rating to a “buy” rating in a research note issued on Monday.

Several other research analysts have also recently issued reports on the company. Mizuho cut USA Compression Partners from a “neutral” rating to an “underperform” rating and set a $22.00 price objective on the stock. in a research note on Friday, September 29th. Stifel Nicolaus increased their price objective on USA Compression Partners from $22.00 to $24.00 and gave the company a “hold” rating in a report on Wednesday, November 1st. Two analysts have rated the stock with a sell rating, two have assigned a hold rating and one has given a buy rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Hold” and an average price target of $22.00.

Read Our Latest Stock Analysis on USAC

USA Compression Partners Stock Performance

Shares of USAC stock traded down $0.42 during mid-day trading on Monday, hitting $24.23. The company’s stock had a trading volume of 817,667 shares, compared to its average volume of 262,478. USA Compression Partners has a 52-week low of $18.48 and a 52-week high of $26.61. The stock has a market cap of $2.38 billion, a price-to-earnings ratio of 161.53 and a beta of 1.36. The business has a 50-day moving average price of $24.92 and a 200 day moving average price of $22.34.

USA Compression Partners (NYSE:USAC – Get Free Report) last released its quarterly earnings results on Tuesday, October 31st. The oil and gas company reported $0.09 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.11 by ($0.02). The company had revenue of $217.09 million for the quarter, compared to the consensus estimate of $208.37 million. USA Compression Partners had a net margin of 7.86% and a negative return on equity of 32.50%. Equities research analysts predict that USA Compression Partners will post 0.3 EPS for the current fiscal year.

Insider Activity at USA Compression Partners

In other news, Director Veteran Equity Aggregator Eig sold 3,365 shares of the firm’s stock in a transaction that occurred on Friday, November 17th. The shares were sold at an average price of $25.88, for a total transaction of $87,086.20. Following the completion of the transaction, the director now directly owns 2,432,109 shares of the company’s stock, valued at approximately $62,942,980.92. The sale was disclosed in a filing with the SEC, which is available at the SEC website. In other USA Compression Partners news, insider Christopher W. Porter sold 7,416 shares of the business’s stock in a transaction on Thursday, November 9th. The shares were sold at an average price of $26.03, for a total value of $193,038.48. Following the transaction, the insider now owns 28,572 shares in the company, valued at approximately $743,729.16. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Veteran Equity Aggregator Eig sold 3,365 shares of the business’s stock in a transaction on Friday, November 17th. The stock was sold at an average price of $25.88, for a total transaction of $87,086.20. Following the completion of the transaction, the director now owns 2,432,109 shares in the company, valued at approximately $62,942,980.92. The disclosure for this sale can be found here. Insiders sold a total of 543,608 shares of company stock worth $13,461,964 over the last 90 days.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of the company. Belpointe Asset Management LLC increased its stake in USA Compression Partners by 232.9% in the 1st quarter. Belpointe Asset Management LLC now owns 1,235 shares of the oil and gas company’s stock valued at $26,000 after buying an additional 864 shares during the period. BOKF NA bought a new position in USA Compression Partners during the first quarter valued at about $30,000. State of Wyoming acquired a new stake in USA Compression Partners during the fourth quarter valued at approximately $32,000. Tower Research Capital LLC TRC boosted its holdings in shares of USA Compression Partners by 2,232.0% in the 3rd quarter. Tower Research Capital LLC TRC now owns 2,915 shares of the oil and gas company’s stock worth $51,000 after acquiring an additional 2,790 shares in the last quarter. Finally, Barclays PLC boosted its holdings in shares of USA Compression Partners by 1,102.9% in the 1st quarter. Barclays PLC now owns 2,887 shares of the oil and gas company’s stock worth $61,000 after acquiring an additional 2,647 shares in the last quarter. Institutional investors own 23.51% of the company’s stock.

About USA Compression Partners (Get Free Report)

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.

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Original: MarketBeat News Feed: USA Compression Partners (NYSE:USAC) Upgraded at StockNews.com