Financial Counselors Inc. lowered its holdings in USA Compression Partners, LP (NYSE:USAC) by 20.5% in the second quarter, according to its most recent Form 13F filing with the SEC. The fund owned 14,000 shares of the oil and gas company’s stock after selling 3,600 shares during the period. Financial Counselors Inc.’s holdings in USA Compression Partners, were worth $229,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also modified their holdings of the stock. Atlantic Trust Group LLC boosted its holdings in USA Compression Partners, by 395.7% in the second quarter. Atlantic Trust Group LLC now owns 74,600 shares of the oil and gas company’s stock valued at $1,220,000 after purchasing an additional 59,551 shares during the last quarter. Stockman Wealth Management Inc. lifted its holdings in USA Compression Partners, by 5.6% during the 2nd quarter. Stockman Wealth Management Inc. now owns 37,402 shares of the oil and gas company’s stock worth $612,000 after buying an additional 2,000 shares during the last quarter. First Trust Advisors LP bought a new position in USA Compression Partners, during the 2nd quarter worth approximately $12,741,000. Riverstone Holdings LLC lifted its holdings in USA Compression Partners, by 1.6% during the 2nd quarter. Riverstone Holdings LLC now owns 23,882,976 shares of the oil and gas company’s stock worth $390,725,000 after buying an additional 368,445 shares during the last quarter. Finally, Global X Management Co. LLC lifted its holdings in USA Compression Partners, by 8.9% during the 2nd quarter. Global X Management Co. LLC now owns 9,571 shares of the oil and gas company’s stock worth $157,000 after buying an additional 783 shares during the last quarter.

USAC has been the topic of a number of research analyst reports. Royal Bank Of Canada reaffirmed a “hold” rating and set a $20.00 target price on shares of USA Compression Partners, in a report on Tuesday, May 23rd. Janney Montgomery Scott initiated coverage on USA Compression Partners, in a report on Friday, September 1st. They set a “neutral” rating and a $16.00 target price on the stock. ValuEngine downgraded USA Compression Partners, from a “hold” rating to a “sell” rating in a report on Friday, September 1st. BidaskClub raised USA Compression Partners, from a “strong sell” rating to a “sell” rating in a report on Tuesday, June 13th. Finally, Zacks Investment Research downgraded USA Compression Partners, from a “hold” rating to a “sell” rating in a report on Wednesday, August 9th. Three research analysts have rated the stock with a sell rating, two have issued a hold rating and one has issued a buy rating to the company. The stock presently has an average rating of “Hold” and an average target price of $18.00.

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USA Compression Partners, LP (USAC) opened at 15.40 on Friday. USA Compression Partners, LP has a 12-month low of $14.30 and a 12-month high of $19.78. The company has a market cap of $948.24 million, a P/E ratio of 466.67 and a beta of 1.17. The firm’s 50-day moving average price is $15.52 and its 200-day moving average price is $16.41.

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

About USA Compression Partners,

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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