Neuberger Berman Group LLC cut its stake in shares of USA Compression Partners, LP (NYSE:USAC) by 1.1% during the first quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 303,059 shares of the oil and gas company’s stock after selling 3,518 shares during the period. Neuberger Berman Group LLC owned approximately 0.50% of USA Compression Partners, worth $5,119,000 at the end of the most recent quarter.

A number of other hedge funds also recently modified their holdings of the stock. Atlantic Trust Group LLC bought a new stake in shares of USA Compression Partners, during the first quarter valued at about $254,000. Creative Planning boosted its stake in shares of USA Compression Partners, by 6.5% in the first quarter. Creative Planning now owns 22,950 shares of the oil and gas company’s stock valued at $388,000 after buying an additional 1,400 shares during the last quarter. Albert D Mason Inc. boosted its stake in shares of USA Compression Partners, by 0.7% in the first quarter. Albert D Mason Inc. now owns 28,016 shares of the oil and gas company’s stock valued at $473,000 after buying an additional 190 shares during the last quarter. Guggenheim Capital LLC boosted its stake in shares of USA Compression Partners, by 41.9% in the fourth quarter. Guggenheim Capital LLC now owns 92,140 shares of the oil and gas company’s stock valued at $1,594,000 after buying an additional 27,212 shares during the last quarter. Finally, Raymond James Financial Services Advisors Inc. boosted its stake in shares of USA Compression Partners, by 6.9% in the first quarter. Raymond James Financial Services Advisors Inc. now owns 154,982 shares of the oil and gas company’s stock valued at $2,618,000 after buying an additional 9,949 shares during the last quarter.

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

Shares of USA Compression Partners, LP (USAC) opened at 16.53 on Friday. USA Compression Partners, LP has a 52-week low of $13.65 and a 52-week high of $19.78. The firm has a market cap of $1.01 billion, a price-to-earnings ratio of 204.07 and a beta of 1.17. The firm has a 50-day moving average price of $16.26 and a 200-day moving average price of $17.18.

USA Compression Partners, (NYSE:USAC) last announced its quarterly earnings data on Thursday, May 4th. The oil and gas company reported $0.02 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.05 by $0.03. The firm had revenue of $66 million during the quarter, compared to the consensus estimate of $64.30 million. USA Compression Partners, had a net margin of 2.24% and a return on equity of 1.76%. The firm’s quarterly revenue was down .6% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.24 earnings per share. Analysts predict that USA Compression Partners, LP will post $0.27 EPS for the current fiscal year.

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Several equities analysts have recently commented on USAC shares. BidaskClub raised USA Compression Partners, from a “strong sell” rating to a “sell” rating in a research note on Tuesday. Royal Bank Of Canada reaffirmed a “hold” rating and issued a $20.00 price target on shares of USA Compression Partners, in a research note on Friday, April 21st. Finally, Zacks Investment Research raised USA Compression Partners, from a “sell” rating to a “hold” rating in a research note on Tuesday, April 25th. Two equities research analysts have rated the stock with a sell rating, two have issued a hold rating and one has assigned a buy rating to the company. The stock presently has an average rating of “Hold” and a consensus price target of $18.00.

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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