USA Compression Partners LP (NYSE:USAC) Major Shareholder Veteran Equity Aggregator Eig Sells 13,879 Shares

USA Compression Partners LP (NYSE:USACGet Free Report) major shareholder Veteran Equity Aggregator Eig sold 13,879 shares of the company’s stock in a transaction that occurred on Friday, May 24th. The shares were sold at an average price of $24.01, for a total value of $333,234.79. Following the sale, the insider now owns 5,571,755 shares in the company, valued at approximately $133,777,837.55. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Large shareholders that own at least 10% of a company’s shares are required to disclose their transactions with the SEC.

Veteran Equity Aggregator Eig also recently made the following trade(s):

  • On Tuesday, May 28th, Veteran Equity Aggregator Eig sold 8,184 shares of USA Compression Partners stock. The shares were sold at an average price of $24.01, for a total value of $196,497.84.
  • On Wednesday, May 22nd, Veteran Equity Aggregator Eig sold 65,432 shares of USA Compression Partners stock. The stock was sold at an average price of $24.47, for a total value of $1,601,121.04.
  • On Monday, May 20th, Veteran Equity Aggregator Eig sold 29,446 shares of USA Compression Partners stock. The stock was sold at an average price of $24.76, for a total value of $729,082.96.
  • On Friday, May 17th, Veteran Equity Aggregator Eig sold 44,527 shares of USA Compression Partners stock. The stock was sold at an average price of $24.29, for a total value of $1,081,560.83.
  • On Wednesday, May 15th, Veteran Equity Aggregator Eig sold 19,388 shares of USA Compression Partners stock. The stock was sold at an average price of $24.12, for a total value of $467,638.56.
  • On Monday, May 13th, Veteran Equity Aggregator Eig sold 6,672 shares of USA Compression Partners stock. The stock was sold at an average price of $24.21, for a total value of $161,529.12.
  • On Thursday, May 9th, Veteran Equity Aggregator Eig sold 9,713 shares of USA Compression Partners stock. The stock was sold at an average price of $25.14, for a total value of $244,184.82.
  • On Tuesday, May 7th, Veteran Equity Aggregator Eig sold 24,565 shares of USA Compression Partners stock. The stock was sold at an average price of $24.87, for a total value of $610,931.55.
  • On Thursday, April 4th, Veteran Equity Aggregator Eig sold 5,889,297 shares of USA Compression Partners stock. The shares were sold at an average price of $25.12, for a total value of $147,939,140.64.

USA Compression Partners Stock Up 0.0 %

NYSE USAC traded up $0.01 on Wednesday, reaching $24.05. 3,202 shares of the stock traded hands, compared to its average volume of 375,642. The firm’s fifty day simple moving average is $25.41 and its 200 day simple moving average is $25.02. The company has a market cap of $2.48 billion, a price-to-earnings ratio of 58.63 and a beta of 1.30. USA Compression Partners LP has a 12 month low of $18.48 and a 12 month high of $28.47.

USA Compression Partners (NYSE:USACGet Free Report) last issued its quarterly earnings results on Tuesday, May 7th. The oil and gas company reported $0.16 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.12 by $0.04. The firm had revenue of $229.28 million during the quarter, compared to analyst estimates of $226.43 million. USA Compression Partners had a negative return on equity of 31.50% and a net margin of 9.21%. As a group, equities research analysts forecast that USA Compression Partners LP will post 0.72 EPS for the current fiscal year.

USA Compression Partners Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, May 3rd. Stockholders of record on Monday, April 22nd were paid a dividend of $0.525 per share. This represents a $2.10 annualized dividend and a dividend yield of 8.73%. The ex-dividend date was Friday, April 19th. USA Compression Partners’s dividend payout ratio is presently 512.20%.

Institutional Investors Weigh In On USA Compression Partners

Several large investors have recently modified their holdings of USAC. JNBA Financial Advisors acquired a new stake in shares of USA Compression Partners in the fourth quarter worth $46,000. Creekmur Asset Management LLC acquired a new stake in shares of USA Compression Partners in the fourth quarter worth $46,000. Tower Research Capital LLC TRC boosted its position in shares of USA Compression Partners by 914.6% in the fourth quarter. Tower Research Capital LLC TRC now owns 3,196 shares of the oil and gas company’s stock worth $73,000 after buying an additional 2,881 shares during the period. Atria Wealth Solutions Inc. acquired a new stake in shares of USA Compression Partners in the fourth quarter worth $207,000. Finally, F&V Capital Management LLC purchased a new stake in shares of USA Compression Partners during the first quarter worth $209,000. 47.77% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several analysts recently commented on the company. StockNews.com upgraded USA Compression Partners from a “hold” rating to a “buy” rating in a research report on Thursday, May 16th. Raymond James raised their target price on USA Compression Partners from $28.00 to $30.00 and gave the company an “outperform” rating in a research report on Tuesday, April 16th. Finally, Mizuho raised their target price on USA Compression Partners from $22.00 to $23.00 and gave the company an “underperform” rating in a research report on Wednesday, February 14th. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and two have given a buy rating to the stock. According to MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $24.75.

Check Out Our Latest Report on USA Compression Partners

USA Compression Partners Company Profile

(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.

Further Reading

Insider Buying and Selling by Quarter for USA Compression Partners (NYSE:USAC)

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