Usa Compression Partners LP (USAC) : Bard Associates Inc reduced its stake in Usa Compression Partners LP by 1.18% during the most recent quarter end. The investment management company now holds a total of 241,107 shares of Usa Compression Partners LP which is valued at $3,814,313 after selling 2,888 shares in Usa Compression Partners LP , the firm said in a disclosure report filed with the SEC on Aug 11, 2016.Usa Compression Partners LP makes up approximately 1.91% of Bard Associates Inc’s portfolio.
Other Hedge Funds, Including , Commonwealth Of Pennsylvania Public School Empls Retrmt Sys reduced its stake in USAC by selling 21,562 shares or 9.47% in the most recent quarter. The Hedge Fund company now holds 206,052 shares of USAC which is valued at $3,259,743. Usa Compression Partners LP makes up approx 0.06% of Commonwealth Of Pennsylvania Public School Empls Retrmt Sys’s portfolio.Peak6 Investments reduced its stake in USAC by selling 59,257 shares or 93.26% in the most recent quarter. The Hedge Fund company now holds 4,281 shares of USAC which is valued at $67,725.Lucas Capital Management reduced its stake in USAC by selling 2,671 shares or 2.44% in the most recent quarter. The Hedge Fund company now holds 106,606 shares of USAC which is valued at $1,599,090. Usa Compression Partners LP makes up approx 1.11% of Lucas Capital Management’s portfolio.Wealthtrust-arizona boosted its stake in USAC in the latest quarter, The investment management firm added 4 additional shares and now holds a total of 115 shares of Usa Compression Partners LP which is valued at $1,688.Simplex Trading reduced its stake in USAC by selling 218 shares or 2.33% in the most recent quarter. The Hedge Fund company now holds 9,138 shares of USAC which is valued at $133,598. Usa Compression Partners LP makes up approx 0.02% of Simplex Trading’s portfolio.
Usa Compression Partners LP opened for trading at $15.62 and hit $15.84 on the upside on Tuesday, eventually ending the session at $15.71, with a gain of 0.51% or 0.08 points. The heightened volatility saw the trading volume jump to 63,844 shares. Company has a market cap of $862 M.
On the company’s financial health, Usa Compression Partners LP reported $0.05 EPS for the quarter, missing the analyst consensus estimate by $ -0.05 based on the information available during the earnings call on Aug 4, 2016. Analyst had a consensus of $0.10. The company had revenue of $63.50 million for the quarter, compared to analysts expectations of $65.09 million. The company’s revenue was down -4.4 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $-0.34 EPS.
Many Wall Street Analysts have commented on Usa Compression Partners LP. Usa Compression Partners LP was Downgraded by Goldman to ” Sell” on Jun 21, 2016.
USA Compression Partners LP is a provider of compression services in the United States in terms of total compression fleet horsepower. The Companys general partner USA Compression GP LLC manages its operations and activities. It provides services to its customers primarily in connection with infrastructure applications including processing and transportation of natural gas through the domestic pipeline system and crude oil production through artificial lift processes. As part of its services the Company engineer design operate service and repair its fleet of compression units and maintain related support inventory and equipment. The Company has approximately 1549020 horsepower in its fleet. It provides compression services in a number of shale plays throughout the United States including the Utica Marcellus Permian Basin Eagle Ford Mississippi Lime Granite Wash Woodford Barnett Haynesville and Fayetteville shales.