USA Compression Partners (NYSE:USAC) Stock Rating Upgraded by Wall Street Zen

USA Compression Partners (NYSE:USAC) was upgraded by investment analysts at Wall Street Zen from a “hold” rating to a “buy” rating in a research report issued to clients and investors on Saturday.

Other equities research analysts also recently issued research reports about the stock. Zacks Research downgraded shares of USA Compression Partners from a “strong-buy” rating to a “hold” rating in a research note on Thursday, January 1st. Citigroup restated a “neutral” rating on shares of USA Compression Partners in a research report on Tuesday, December 2nd. Finally, Mizuho upped their target price on USA Compression Partners from $23.00 to $25.00 and gave the company a “neutral” rating in a research note on Monday, January 12th. Three research analysts have rated the stock with a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Reduce” and an average price target of $25.67.

USA Compression Partners Stock Performance

Shares of USA Compression Partners stock opened at $26.35 on Friday. The stock has a market cap of $3.23 billion, a price-to-earnings ratio of 32.94 and a beta of 0.23. The stock has a 50 day moving average price of $24.48 and a 200-day moving average price of $23.94. USA Compression Partners has a one year low of $21.59 and a one year high of $30.10.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Goldman Sachs Group Inc. raised its position in USA Compression Partners by 82.7% during the 1st quarter. Goldman Sachs Group Inc. now owns 2,863,377 shares of the oil and gas company’s stock valued at $77,254,000 after purchasing an additional 1,296,339 shares in the last quarter. D.A. Davidson & CO. raised its holdings in shares of USA Compression Partners by 15.6% in the second quarter. D.A. Davidson & CO. now owns 23,227 shares of the oil and gas company’s stock valued at $565,000 after acquiring an additional 3,129 shares in the last quarter. JPMorgan Chase & Co. raised its holdings in shares of USA Compression Partners by 274.5% in the second quarter. JPMorgan Chase & Co. now owns 5,351,079 shares of the oil and gas company’s stock valued at $130,085,000 after acquiring an additional 3,922,383 shares in the last quarter. Global Retirement Partners LLC purchased a new stake in USA Compression Partners in the second quarter worth about $255,000. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its holdings in USA Compression Partners by 14.1% during the 2nd quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 5,305,265 shares of the oil and gas company’s stock worth $128,971,000 after acquiring an additional 654,001 shares in the last quarter. Institutional investors own 47.77% of the company’s stock.

USA Compression Partners Company Profile

USA Compression Partners (NYSE: USAC) is a Houston-based master limited partnership specializing in natural gas compression services for oil and gas producers. The company offers a full suite of midstream compression solutions designed to enhance production flow and optimize field operations. Its core activities include the design, engineering, fabrication, installation, operation and maintenance of natural gas compression equipment onshore across key U.S. basins.

USA Compression’s product and service offerings encompass new equipment deployment, aftermarket parts and component sales, field service support, and instrumentation and control systems.