Ferrellgas Partners, LP (NYSE:FGP) Sees Significantly Higher Trading Volume

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01 September, 2017

Over the last five days, shares have managed 15.43% gains and now is down -11.08% since hitting its 200-day moving average of $5.48. The hedge fund held 59,708 shares of the consumer services company at the end of 2016Q4, valued at $9.22M, down from 81,412 at the end of the previous reported quarter.

The company's consensus rating on Reuter's scale slipped from 2 to 1.91 during a month. The stock increased 8.15% or $0.4 on August 30, reaching $5.31. They now have a GBX 1166.00 price target on the stock. It has underperformed by 16.70% the S&P500. California-based Lpl Fincl Limited Liability Corp has invested 0% in Ferrellgas Partners, L.P. (NYSE:FGP). The corporation has a market cap of US$504.87 Million. As of quarter end V Wealth Management, llc had acquired a total of 2,023 shares growing its position 13.2%. Its last month's stock price volatility remained 4.62% which for the week stands at 3.92%.

About 486,123 shares traded.

Ferrellgas Partners LP (NYSE:FGP) had a decrease of 0.14% in short interest. It has underperformed by 88.11% the S&P500. As of quarter end Cetera Advisor Networks LLC had disposed of 463 shares trimming its stake by 1.1%. Cambridge Investment Research Advisors Inc. now owns 87,210 shares of the oil and gas company's stock valued at $523,000 after buying an additional 12,117 shares in the last quarter. Ferrellgas Partners L.P. had 29 analyst reports since August 11, 2015 according to SRatingsIntel.

In the last earnings report the EPS was $-6.70 and is estimated to be $-0.47 for the current year with 97,152,000 shares presently outstanding. Next quarter's EPS is expected be $-0.27 with next year's EPS anticipated to be $0.22.

The following firms have also recently changed their position in FGP. Ferrellgas Partners, L.P. (NYSE:FGP) EarningsWhile the mainstream media likes to focus on the actual earnings move for a stock, that's the distraction when it comes to the option market. Its down 0.29, from 1.08 in 2016Q3. Investors of record on Thursday, September 7th will be given a $0.10 dividend. It dropped, as 28 investors sold Ferrellgas Partners, L.P. shares while 24 reduced holdings. 153,697 are owned by Commonwealth Of Pennsylvania Public School Empls Retrmt Systems. Patten Group accumulated 200 shares. Novare Capital Mgmt Ltd Liability holds 0.19% or 114,200 shares. Ameriprise Fincl stated it has 29,405 shares. First Interstate Bankshares reported 0% of its portfolio in Ferrellgas Partners, L.P. (NYSE:FGP). Exane Derivatives now holds 113 shares with a value of $517,000. Joel Isaacson Communication reported 520 shares. Comml Bank reported 0% of its portfolio in Ferrellgas Partners, L.P. (NYSE:FGP).

Among 10 analysts covering Ferrellgas Partners L.P. (NYSE:FGP), 1 have Buy rating, 3 Sell and 6 Hold. Therefore 31% are positive. Kirby had 26 analyst reports since July 31, 2015 according to SRatingsIntel. RBC Capital Markets upgraded Ferrellgas Partners, L.P. (NYSE:FGP) rating on Thursday, December 8. The company was upgraded on Wednesday, November 2 by Citigroup. The company has market cap of $3.38 billion. The firm has "Underweight" rating given on Wednesday, September 28 by PiperJaffray. Citigroup downgraded Ferrellgas Partners, L.P. (NYSE:FGP) on Tuesday, September 13 to "Sell" rating. The ex-dividend date will be on Monday June 5th, 2017. The rating was initiated by Janney Capital with "Neutral" on Tuesday, March 22. The firm earned "Buy" rating on Monday, December 5 by Citigroup. Additionally the company recently declared a dividend for shareholders to be paid on Thursday the 14th of September 2017. At present, 2 analysts call it Sell, while 3 think it is Hold. Therefore 38% are positive. Stephens maintained Buffalo Wild Wings (NASDAQ:BWLD) rating on Wednesday, April 27. RBC Capital Markets has "Sector Perform" rating and $6 target. RBC Capital Markets maintained Ferrellgas Partners, L.P. (NYSE:FGP) rating on Sunday, August 20. Breuckmann Pamela A bought $104,758 worth of stock. The rating was maintained by Stephens with "Hold" on Thursday, July 27. As per Thursday, September 29, the company rating was maintained by UBS. The firm has "Buy" rating by Jefferies given on Tuesday, May 30. The company was maintained on Monday, December 5 by Canaccord Genuity. "Reports Fourth Quarter and Fiscal 2017 Results" on August 16, 2017.

Since March 6, 2017, it had 0 buys, and 1 insider sale for $279,415 activity.


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