Commonwealth Equity Services Inc Increases Stake in Ferrellgas Partners, LP (FGP)

Ferrellgas Partners, L.P. (NYSE:FGP) announced its quarterly earnings data on Thursday. GSA Capital Partners LLP owned about 0.15% of Ferrellgas Partners, L.P.as of its most recent filing with the SEC.

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in FGP. Commonwealth of Pennsylvania Public School Empls Retrmt SYS raised its position in shares of Ferrellgas Partners, L.P.by 9.0% in the fourth quarter. During the same period previous year, the company posted $0.58 earnings per share. UMB Bank N A MO now owns 10,735 shares of the company's stock worth $125,000 after buying an additional 400 shares during the period. LLC now owns 385,812 shares of the company's stock worth $4,491,000 after buying an additional 50,060 shares during the last quarter.

On March 9, 2017, Ferrellgas Partners, L.P. issued a press release regarding its financial results for the second fiscal quarter ended January 31, 2017. Financial Advisory Service Inc. now owns 14,111 shares of the company's stock worth $164,000 after buying an additional 270 shares during the period. The current share price indicate that stock is -69.80% away from its one year high and is moving 19.97% ahead of its 52-week low. Oppenheimer & Co. Inc. now owns 12,878 shares of the company's stock worth $150,000 after buying an additional 518 shares during the period. Company's distance from 20 day simple moving average is -8.03% and distance from 50-Day simple moving average is -17.56%. The stock's market capitalization is $637.32 million.

Ferrellgas Partners, L.P. had a negative net margin of 32.28% and a negative return on equity of 1.68%. The correct version of this piece can be accessed at https://www.thecerbatgem.com/2017/03/10/ferrellgas-partners-l-p-fgp-announces-earnings-results.html. The company reported ($0.44) EPS for the quarter, topping the Thomson Reuters' consensus estimate of ($0.50) by $0.06. Ferrellgas Partners, L.P. The firm had revenue of $379.50 million for the quarter. During the same quarter in the previous year, the business earned $0.58 earnings per share.

The furnishing of particular information in this Current Report, including Exhibit 99.1 furnished herewith, to Item 7.01 of Form 8-K is not meant to, and does not, constitute a determination or admission by Ferrellgas Partners, L.P., Ferrellgas Partners Finance Corp., Ferrellgas, L.P. or Ferrellgas Finance Corp.as to the materiality or completeness of any such information that is required to be disclosed exclusively by Regulation FD of the Exchange Act. Investors of record on Thursday, December 8th were paid a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a yield of 4.72%. Ferrellgas Partners, L.P.'s dividend payout ratio is -6.30%.

A number of research analysts have issued reports on FGP shares. Simmons raised shares of Ferrellgas Partners, L.P. from an "underweight" rating to a "neutral" rating and cut their price objective for the company from $7.00 to $6.50 in a research report on Tuesday, December 6th.

Depending on the earnings numbers reported, Ferrellgas Partners, L.P. (NYSE:FGP) stock may see increased volatility following the report. Piper Jaffray Companies cut Ferrellgas Partners, L.P. from a "neutral" rating to an "underweight" rating in a report on Wednesday, September 28th. Zacks Investment Research lowered shares of Ferrellgas Partners, L.P. from a "hold" rating to a "sell" rating in a report on Thursday, February 2nd. The Company's two subsidiaries include Ferrellgas Partners Finance Corp. and the operating partnership. Ferrellgas Partners, L.P. has an average rating of "Hold" and a consensus price target of $11.87. The midstream operations-crude oil logistics segment is engaged in providing crude oil transportation and logistics services.

Recommended News

  • Microsoft launches less expensive flagship Surface Book without an Nvidia GPU

    Microsoft launches less expensive flagship Surface Book without an Nvidia GPU

    The Surface USB Hub Firmware Update (v1.0.519.0) which utilizes the power of the USB hub in the device and stability. The Intel Management Engine Interface (v11.6.0.1042) - focuses on improving system stability on startup.
    'The Real Housewives of New York' Season 9 Premieres April 5th

    'The Real Housewives of New York' Season 9 Premieres April 5th

    Naturally, that means more drama with Bethenny, who meets Tom for the first time in the teaser. The new season will also follow Luann as she plans her wedding to Tom D'Agostino.
    Game Of Thrones Season 7 May Air In July, New Promo Released

    Game Of Thrones Season 7 May Air In July, New Promo Released

    NY Post broke the news that New York Mets pitcher Noah Syndergaard will have a cameo role in " Game of Thrones " season 7. In the "Game of Thrones" season 7 teaser , the amazing-looking weapon was being held by an unseen individual.
  • Mama June Loves Walking Around Naked Following Weight Loss Transformation!

    Mama June Loves Walking Around Naked Following Weight Loss Transformation!

    The makers of the show obviously realize that her final look is all viewers are waiting for. "Me and her, just me and her". This "new June" is all anyone can talk about since it was revealed that she dropped to a size 4.

    Indiana Jones 5 is a go; Gets an official release date

    Disney have announced that a fifth Indiana Jones film is definitely happening and will be coming to cinemas on 19 July, 2019. That's the Lucasfilm/Disney way and so far, it's been pretty good to Star Wars .

    Insider Trading at Wey Education PLC?

    Fusionex International PLC (LON:FXI) is set to announce its earnings results before the market opens on Thursday, January 19th. The 1 year high for the stock price is 414.9 GBX while the year low stock price is now 248.2 GBX.
  • Solar market expected to triple over next five years

    Solar market expected to triple over next five years

    Growth has slowed in major markets like California, where numerous households most interested in solar have already put up panels. Indeed, the solar industry report released on Thursday forecasts a slowdown in the market this year after last year's boom.

    Bob Evans posts 3Q profit

    After a recent look, shares have been seen 28.90% from the 200-day moving average, and 4.70% from the 50-day moving average. Three investment analysts have rated the stock with a hold rating and three have given a buy rating to the company's stock.
    Biogen Inc (BIIB) Receives Consensus Recommendation of

    Biogen Inc (BIIB) Receives Consensus Recommendation of "Buy" from Brokerages

    The stock now has a consensus rating of "Buy" and an average target price of $333.56. (NASDAQ:BIIB) opened at 277.24 on Wednesday. The company's shares were given away at $295.39 per share worth to an income of some $1,609,876 on account of PANGIA ROBERT W.
  • Kevin Durant progressing in rehab, no timetable for return

    Kevin Durant progressing in rehab, no timetable for return

    And something to keep an eye on down the stretch as Boston jockeys for playoff position: the Celtics have a forgiving schedule. Alongside those players are sharpshooter and lockdown defender Klay Thompson and all-around big man Draymond Green .

    Google Pixel 2 Release Date Confirmed For 2017

    The Google Pixel and Pixel XL were priced similarly to the Apple iPhone 7 and 7 Plus, but never got going, at least in India. We expect to find out more about the Pixel 2 as well as the rumored budget smartphone from Google in the coming months.

    George Michael's body 'just gave up': Kenny Goss

    The singer's family may have to wait until later this month as test delays drag on - and until then his funeral can't take place. Speaking to the Sunday Mirror , Goss said of Michael's death: "I can't say for sure but I think his body just gave up".

We are pleased to provide this opportunity to share information, experiences and observations about what's in the news.
Some of the comments may be reprinted elsewhere in the site or in the newspaper.
Thank you for taking the time to offer your thoughts.