Pro-Ferrellgas Partners LP Institutional Investors Sentiment Runs High in Q1 2018

July 27, 2018 - By Carolyn Hewitt

Ferrellgas Partners, L.P. (NYSE:FGP) Logo

Sentiment for Ferrellgas Partners LP (NYSE:FGP)

Ferrellgas Partners LP (NYSE:FGP) institutional sentiment increased to 1.04 in 2018 Q1. Its up 0.30, from 0.74 in 2017Q4. The ratio increased, as 25 investment professionals opened new and increased holdings, while 24 trimmed and sold equity positions in Ferrellgas Partners LP. The investment professionals in our partner’s database now own: 5.14 million shares, up from 4.62 million shares in 2017Q4. Also, the number of investment professionals holding Ferrellgas Partners LP in their top 10 holdings was flat from 0 to 0 for the same number . Sold All: 9 Reduced: 15 Increased: 20 New Position: 5.

Ferrellgas Partners, L.P. distributes and sells propane and related equipment and supplies primarily in the United States. The company has market cap of $300.32 million. It operates in two divisions: Propane Operations and Related Equipment Sales, and Midstream Operations. It currently has negative earnings. The firm transports propane to propane distribution locations, tanks on customersÂ’ premises, or to portable propane tanks delivered to retailers.

The stock increased 0.99% or $0.03 during the last trading session, reaching $3.06. About 226,878 shares traded or 26.39% up from the average. Ferrellgas Partners, L.P. (NYSE:FGP) has declined 32.14% since July 27, 2017 and is downtrending. It has underperformed by 44.71% the S&P500.

Analysts await Ferrellgas Partners, L.P. (NYSE:FGP) to report earnings on September, 27. They expect $-0.40 EPS, up 29.82 % or $0.17 from last year’s $-0.57 per share. After $0.18 actual EPS reported by Ferrellgas Partners, L.P. for the previous quarter, Wall Street now forecasts -322.22 % negative EPS growth.

Prescott Group Capital Management L.L.C. holds 0.17% of its portfolio in Ferrellgas Partners, L.P. for 246,871 shares. Rmb Capital Management Llc owns 1.02 million shares or 0.08% of their US portfolio. Moreover, Cibc Bank Usa has 0.07% invested in the company for 165,965 shares. The Massachusetts-based Albert D Mason Inc has invested 0.04% in the stock. Gsa Capital Partners Llp, a United Kingdom-based fund reported 247,802 shares.

Since January 1, 0001, it had 4 insider buys, and 0 selling transactions for $57,688 activity.

More important recent Ferrellgas Partners, L.P. (NYSE:FGP) news were published by: Streetinsider.com which released: “Ferrellgas Partners (FGP) Buys Diamond Propane” on July 12, 2018, also Fool.com published article titled: “Better Buy: Ferrellgas Partners, LP vs. AmeriGas Partners”, Fool.com published: “Better Buy: Ferrellgas Partners, LP vs. Suburban Propane Partners” on July 20, 2018. More interesting news about Ferrellgas Partners, L.P. (NYSE:FGP) was released by: Globenewswire.com and their article: “Ferrellgas Announces Acquisition of Diamond Propane” with publication date: July 12, 2018.

Ferrellgas Partners, L.P. (NYSE:FGP) Institutional Positions Chart

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