Shares of Ferrellgas Partners, L.P. (NYSE:FGP) were up 5.3% on Thursday . The stock traded as high as $5.67 and last traded at $5.59. Approximately 514,392 shares were traded during mid-day trading, an increase of 68% from the average daily volume of 306,875 shares. The stock had previously closed at $5.31.

Several analysts have weighed in on FGP shares. BidaskClub raised Ferrellgas Partners, L.P. from a “sell” rating to a “hold” rating in a report on Saturday, August 26th. ValuEngine raised Ferrellgas Partners, L.P. from a “strong sell” rating to a “sell” rating in a report on Friday, July 7th. Zacks Investment Research cut Ferrellgas Partners, L.P. from a “hold” rating to a “sell” rating in a report on Wednesday, August 9th. Finally, UBS AG reaffirmed a “sell” rating and issued a $5.00 price target (down previously from $5.50) on shares of Ferrellgas Partners, L.P. in a report on Monday, June 12th. Six investment analysts have rated the stock with a sell rating, four have given a hold rating and one has issued a buy rating to the company. The company presently has an average rating of “Hold” and a consensus target price of $8.67.

The firm’s market cap is $544.05 million. The firm’s 50 day moving average is $4.82 and its 200-day moving average is $5.35.

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, September 14th. Stockholders of record on Thursday, September 7th were paid a $0.10 dividend. This represents a $0.40 dividend on an annualized basis and a dividend yield of 7.14%. The ex-dividend date of this dividend was Wednesday, September 6th. Ferrellgas Partners, L.P.’s dividend payout ratio (DPR) is -6.01%.

Several large investors have recently bought and sold shares of the stock. Commonwealth of Pennsylvania Public School Empls Retrmt SYS lifted its position in shares of Ferrellgas Partners, L.P. by 1.2% in the second quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 155,570 shares of the oil and gas company’s stock worth $713,000 after buying an additional 1,873 shares in the last quarter. Cambridge Investment Research Advisors Inc. lifted its position in shares of Ferrellgas Partners, L.P. by 2.5% in the second quarter. Cambridge Investment Research Advisors Inc. now owns 89,372 shares of the oil and gas company’s stock worth $409,000 after buying an additional 2,162 shares in the last quarter. Alliancebernstein L.P. lifted its position in shares of Ferrellgas Partners, L.P. by 40.6% in the first quarter. Alliancebernstein L.P. now owns 18,208 shares of the oil and gas company’s stock worth $109,000 after buying an additional 5,257 shares in the last quarter. Royal Bank of Canada lifted its position in shares of Ferrellgas Partners, L.P. by 7.8% in the second quarter. Royal Bank of Canada now owns 131,811 shares of the oil and gas company’s stock worth $604,000 after buying an additional 9,545 shares in the last quarter. Finally, KCG Holdings Inc. purchased a new stake in shares of Ferrellgas Partners, L.P. in the first quarter worth about $106,000. Institutional investors own 6.91% of the company’s stock.

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About Ferrellgas Partners, L.P.

Ferrellgas Partners, L.P. is engaged in the retail distribution of propane and related equipment sales, and midstream operations, which include crude oil logistics. The Company’s segments include propane and related equipment sales, midstream operations-crude oil logistics, and corporate and other. The propane and related equipment sales segment consists of the distribution of propane and related equipment and supplies.

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