USA Compression Partners (NYSE:USAC) Stock Crosses Above 200-Day Moving Average – Time to Sell?

USA Compression Partners LP (NYSE:USAC) passed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $23.52 and traded as high as $28.63. USA Compression Partners shares last traded at $28.59, with a volume of 241,838 shares.

Wall Street Analysts Forecast Growth

Several research firms have issued reports on USAC. Mizuho lifted their price target on shares of USA Compression Partners from $24.00 to $26.00 and gave the stock a “neutral” rating in a report on Monday, February 3rd. Royal Bank of Canada reissued a “sector perform” rating and set a $27.00 price objective on shares of USA Compression Partners in a report on Friday, November 22nd. Four equities research analysts have rated the stock with a hold rating and one has issued a buy rating to the company’s stock. According to data from MarketBeat, USA Compression Partners has an average rating of “Hold” and an average price target of $26.50.

USA Compression Partners Price Performance

The company has a market capitalization of $3.28 billion, a PE ratio of 38.27 and a beta of 1.34. The firm’s fifty day simple moving average is $25.41 and its 200 day simple moving average is $23.60.

USA Compression Partners (NYSE:USAC) last posted its quarterly earnings results on Tuesday, February 11th. The oil and gas company reported $0.18 EPS for the quarter, missing the consensus estimate of $0.24 by ($0.06). USA Compression Partners had a net margin of 10.48% and a negative return on equity of 62.46%. On average, equities research analysts anticipate that USA Compression Partners LP will post 1.05 EPS for the current fiscal year.

USA Compression Partners Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, February 7th. Shareholders of record on Monday, January 27th were given a $0.525 dividend. The ex-dividend date was Monday, January 27th. This represents a $2.10 dividend on an annualized basis and a dividend yield of 7.52%. USA Compression Partners’s dividend payout ratio (DPR) is currently 287.67%.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of USAC. Allworth Financial LP raised its position in shares of USA Compression Partners by 3,054.8% during the 3rd quarter. Allworth Financial LP now owns 1,325 shares of the oil and gas company’s stock worth $30,000 after purchasing an additional 1,283 shares during the last quarter. Brown Brothers Harriman & Co. acquired a new position in shares of USA Compression Partners during the 4th quarter worth about $95,000. Sunbelt Securities Inc. raised its position in shares of USA Compression Partners by 16.4% during the 3rd quarter. Sunbelt Securities Inc. now owns 5,175 shares of the oil and gas company’s stock worth $119,000 after purchasing an additional 730 shares during the last quarter. Broadway Wealth Solutions Inc. acquired a new position in shares of USA Compression Partners during the 4th quarter worth about $201,000. Finally, TSA Wealth Managment LLC acquired a new position in shares of USA Compression Partners during the 4th quarter worth about $205,000. Institutional investors and hedge funds own 47.77% of the company’s stock.

USA Compression Partners Company 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.