USA Compression Partners, LP (USAC) Stake Held by Citigroup Inc.

Citigroup Inc. continued to hold its position in USA Compression Partners, LP (NYSE:USAC) during the 2nd quarter, according to its most recent filing with the SEC. The firm owned 36,760 shares of the oil and gas company’s stock at the end of the 2nd quarter. Citigroup Inc. owned about 0.06% of USA Compression Partners, worth $601,000 as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. Global X Management Co. LLC boosted its holdings in USA Compression Partners, by 5.9% during the first quarter. Global X Management Co. LLC now owns 8,788 shares of the oil and gas company’s stock valued at $148,000 after acquiring an additional 490 shares during the period. Creative Planning boosted its holdings in USA Compression Partners, by 10.4% during the second quarter. Creative Planning now owns 25,326 shares of the oil and gas company’s stock valued at $414,000 after acquiring an additional 2,376 shares during the period. Stockman Wealth Management Inc. boosted its holdings in USA Compression Partners, by 5.6% during the second quarter. Stockman Wealth Management Inc. now owns 37,402 shares of the oil and gas company’s stock valued at $612,000 after acquiring an additional 2,000 shares during the period. Arrow Investment Advisors LLC bought a new stake in USA Compression Partners, during the second quarter valued at about $670,000. Finally, PNC Financial Services Group Inc. boosted its holdings in USA Compression Partners, by 1.0% during the second quarter. PNC Financial Services Group Inc. now owns 66,890 shares of the oil and gas company’s stock valued at $1,094,000 after acquiring an additional 654 shares during the period.

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USA Compression Partners, LP (USAC) opened at 17.46 on Thursday. USA Compression Partners, LP has a 12 month low of $14.30 and a 12 month high of $19.78. The stock’s 50 day moving average is $16.05 and its 200-day moving average is $16.35. The firm has a market cap of $1.08 billion, a price-to-earnings ratio of 529.09 and a beta of 1.18.

USA Compression Partners, (NYSE:USAC) last announced its earnings results on Friday, August 4th. The oil and gas company reported $0.05 EPS for the quarter, hitting the consensus estimate of $0.05. The business had revenue of $66.00 million during the quarter, compared to the consensus estimate of $65.85 million. USA Compression Partners, had a net margin of 1.20% and a return on equity of 1.38%. USA Compression Partners,’s revenue was up 3.9% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.05 EPS. On average, analysts anticipate that USA Compression Partners, LP will post $0.26 earnings per share for the current fiscal year.

USAC has been the subject of a number of research analyst reports. BidaskClub raised shares of USA Compression Partners, from a “strong sell” rating to a “sell” rating in a research report on Wednesday, September 27th. ValuEngine lowered shares of USA Compression Partners, from a “hold” rating to a “sell” rating in a research report on Friday, September 1st. Zacks Investment Research raised shares of USA Compression Partners, from a “hold” rating to a “buy” rating and set a $19.00 price objective for the company in a research report on Thursday, October 5th. Janney Montgomery Scott initiated coverage on shares of USA Compression Partners, in a research report on Friday, September 1st. They set a “neutral” rating and a $16.00 price objective for the company. Finally, Royal Bank Of Canada reaffirmed a “hold” rating and set a $20.00 price objective on shares of USA Compression Partners, in a research report on Monday, July 31st. Two investment analysts have rated the stock with a sell rating, two have issued a hold rating and two have assigned a buy rating to the stock. The company has an average rating of “Hold” and an average price target of $18.33.

USA Compression Partners, Profile

USA Compression Partners, LP is an independent provider of compression services in the United States. The Company provides compression services to its customers primarily in connection with infrastructure applications, including both allowing for the processing and transportation of natural gas through the domestic pipeline system and managing crude oil production through artificial lift processes.

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Institutional Ownership by Quarter for USA Compression Partners, (NYSE:USAC)

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