Usa Compression Partners (USAC) Stock Rating Upgraded by B. Riley
B. Riley upgraded shares of Usa Compression Partners (NYSE:USAC) from a neutral rating to a buy rating in a report issued on Wednesday, Marketbeat.com reports. They currently have $21.00 target price on the oil and gas company’s stock, up from their prior target price of $18.00.
A number of other equities analysts have also weighed in on USAC. Zacks Investment Research raised Usa Compression Partners from a hold rating to a buy rating and set a $20.00 price objective on the stock in a research note on Friday, January 12th. BidaskClub raised Usa Compression Partners from a strong sell rating to a sell rating in a research note on Wednesday, September 27th. Finally, Royal Bank of Canada boosted their price objective on Usa Compression Partners from $17.00 to $18.00 and gave the stock a sector perform rating in a research note on Wednesday, November 8th. Two investment analysts have rated the stock with a sell rating, two have issued a hold rating and three have issued a buy rating to the company’s stock. The company currently has a consensus rating of Hold and an average price target of $18.75.
Shares of Usa Compression Partners (NYSE USAC) traded up $0.18 on Wednesday, hitting $18.36. The company had a trading volume of 245,960 shares, compared to its average volume of 185,733. The company has a debt-to-equity ratio of 1.14, a current ratio of 1.35 and a quick ratio of 0.74. Usa Compression Partners has a 52-week low of $14.30 and a 52-week high of $19.78. The stock has a market capitalization of $1,380.00, a PE ratio of 122.40 and a beta of 1.22.
Institutional investors have recently made changes to their positions in the company. Harvest Fund Advisors LLC lifted its stake in shares of Usa Compression Partners by 21.1% in the 3rd quarter. Harvest Fund Advisors LLC now owns 2,245,460 shares of the oil and gas company’s stock valued at $37,544,000 after purchasing an additional 391,139 shares during the last quarter. HITE Hedge Asset Management LLC acquired a new position in shares of Usa Compression Partners in the 3rd quarter valued at $471,000. Riverstone Holdings LLC lifted its stake in shares of Usa Compression Partners by 1.9% in the 3rd quarter. Riverstone Holdings LLC now owns 24,327,534 shares of the oil and gas company’s stock valued at $406,756,000 after purchasing an additional 444,558 shares during the last quarter. Goldman Sachs Group Inc. lifted its stake in shares of Usa Compression Partners by 8.6% in the 2nd quarter. Goldman Sachs Group Inc. now owns 1,003,214 shares of the oil and gas company’s stock valued at $16,412,000 after purchasing an additional 79,270 shares during the last quarter. Finally, Commonwealth of Pennsylvania Public School Empls Retrmt SYS lifted its stake in shares of Usa Compression Partners by 14.4% in the 3rd quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 225,539 shares of the oil and gas company’s stock valued at $3,771,000 after purchasing an additional 28,472 shares during the last quarter.
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Usa Compression Partners Company 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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