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

Lloyd Doyle
October 13, 2017

It was reported on Oct, 13 by Barchart.com. V Wealth Management, llc grew its holdings by buying 23 shares an increase of 0.1% as of 09/30/2017. Vanguard Intl Equity Index F (VWO) was raised too. The value of the investment in FGP increased from $1,000 to $5,000,000 increasing 499,900.0% quarter over quarter. It also reduced Ngl Energy Partners Lp (NYSE:NGL) stake by 726,070 shares and now owns 547,368 shares. One research analyst has rated the stock with a sell rating, three have given a hold rating and ten have issued a buy rating to the stock. Therefore 52% are positive.

Institutional investors and hedge funds have recently modified their holdings of the company. The stock has "Buy" rating by UBS on Monday, September 28. The rating was upgraded by Raymond James on Wednesday, June 15 to "Strong Buy". The firm has "Buy" rating by DA Davidson given on Monday, December 7. The company was maintained on Monday, August 28 by Jefferies. The company was maintained on Thursday, May 4 by FBR Capital. FBR Capital initiated the stock with "Mkt Perform" rating in Friday, July 1 report. The company was maintained on Thursday, August 27 by Piper Jaffray. Jefferies Group LLC reaffirmed a "buy" rating and set a $30.00 target price (down previously from $32.00) on shares of Hi-Crush Partners in a research note on Tuesday, May 2nd. As per Tuesday, September 13, the company rating was maintained by Raymond James.

Investors sentiment decreased to 1.03 in 2017 Q2. Its down 0.41, from 2.07 in 2017Q1. BidaskClub upgraded Ferrellgas Partners, L.P. from a "sell" rating to a "hold" rating in a research report on Saturday, August 26th. 91 funds opened positions while 275 raised stakes.

Hi-Crush Partners LP (NYSE:HCLP) shares traded 0.52% up during most recent session to reach at the closing price of $9.65. The dividend payment was $0.100 per share for the quarter or $0.40 on an annualized basis. Insurance Tx stated it has 43,840 shares. Bnp Paribas Arbitrage holds 0.01% or 298,697 shares. Cortland Assocs Inc Mo accumulated 100,085 shares. Rothschild Corp Il invested in 0.8% or 59,278 shares. HCLP's SI was 7.78M shares in October as released by FINRA. 71,856 are owned by Parkwood Ltd Liability Corporation. Moreover, State Of Tennessee Treasury Department has 0% invested in Banc of California Inc (NYSE:BANC). As of quarter end Exane Derivatives had bought 16 shares growing its stake by 16.5%. Credit Suisse Ag has 0.01% invested in Hi-Crush Partners LP (NYSE:HCLP). The oil and gas company reported ($0.57) EPS for the quarter, missing analysts' consensus estimates of ($0.48) by ($0.09). Southport Limited Com has invested 0.58% in Hi-Crush Partners LP (NYSE:HCLP). 18,821 are owned by Guggenheim Capital Limited Liability Corp. Huntington National Bank has 442 shares for 0% of their portfolio. Walleye Trading Ltd Liability holds 74,704 shares or 0% of its portfolio. Barnett And has 40,545 shares for 0.21% of their portfolio. Creative Planning has 4,849 shares.


Institutions own 51.23% of Hi-Crush Partners LP (HCLP)'s shares.

According to Zacks, "Hi-Crush Partners LP engages in the production of monocrystalline sand, a specialized mineral that is used as a proppant to enhance the recovery rates of hydrocarbons from oil and natural gas wells". Global X Lc reported 0.01% in Hi-Crush Partners LP (NYSE:HCLP). Citigroup reported 1.78 million shares. Cushing Asset Mngmt L P owns 488,280 shares.

Hi-Crush Partners LP (HCLP) reported sales (ttm) of 332.4 Million, whereas, 10 number of analysts estimated the mean sale of 204.05 million. On average, equities research analysts anticipate that Ferrellgas Partners, L.P. will post $0.15 EPS for the current fiscal year. HCLP's profit will be $34.59M for 5.99 P/E if the $0.38 EPS becomes a reality. Ferrellgas Partners, L.P. The company's market cap is $485.76 million. The Company's reserves consist of northern white sand, a resource in Wisconsin and limited portions of the upper Midwest region of the United States.

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