Texas Yale Capital Corp. trimmed its holdings in shares of Ferrellgas Partners, L.P. (NYSE:FGP) by 21.8% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 138,655 shares of the oil and gas company’s stock after selling 38,738 shares during the period. Texas Yale Capital Corp.’s holdings in Ferrellgas Partners were worth $593,000 at the end of the most recent quarter.

Several other institutional investors have also bought and sold shares of the company. Royal Bank of Canada boosted its stake in shares of Ferrellgas Partners by 7.8% during the 2nd 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 during the last quarter. PEAK6 Investments L.P. boosted its stake in shares of Ferrellgas Partners by 283.5% during the 3rd quarter. PEAK6 Investments L.P. now owns 20,639 shares of the oil and gas company’s stock worth $106,000 after buying an additional 15,257 shares during the last quarter. GSA Capital Partners LLP boosted its stake in shares of Ferrellgas Partners by 86.3% during the 3rd quarter. GSA Capital Partners LLP now owns 315,391 shares of the oil and gas company’s stock worth $1,621,000 after buying an additional 146,127 shares during the last quarter. Finally, SeaCrest Wealth Management LLC acquired a new position in shares of Ferrellgas Partners during the 4th quarter worth about $763,000. Institutional investors own 6.51% of the company’s stock.

FGP has been the subject of several recent analyst reports. Zacks Investment Research downgraded shares of Ferrellgas Partners from a “buy” rating to a “hold” rating in a research note on Monday, December 4th. Royal Bank of Canada reiterated a “hold” rating and issued a $6.00 target price on shares of Ferrellgas Partners in a research note on Monday, October 30th. Citigroup downgraded shares of Ferrellgas Partners from a “buy” rating to a “neutral” rating in a research note on Tuesday, January 9th. Raymond James Financial reiterated a “sell” rating on shares of Ferrellgas Partners in a research note on Thursday, December 7th. Finally, ValuEngine downgraded shares of Ferrellgas Partners from a “sell” rating to a “strong sell” rating in a research note on Sunday, December 31st. Five equities research analysts have rated the stock with a sell rating and three have given a hold rating to the stock. The company has an average rating of “Sell” and an average price target of $5.19.

Shares of Ferrellgas Partners, L.P. (NYSE FGP) opened at $4.13 on Wednesday. Ferrellgas Partners, L.P. has a one year low of $3.80 and a one year high of $6.67. The stock has a market cap of $399.30, a PE ratio of -6.88 and a beta of 0.42. The company has a quick ratio of 0.41, a current ratio of 0.58 and a debt-to-equity ratio of -2.28.

Ferrellgas Partners (NYSE:FGP) last issued its earnings results on Thursday, December 7th. The oil and gas company reported ($0.49) earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.27) by ($0.22). The company had revenue of $454.70 million for the quarter, compared to analyst estimates of $431.30 million. During the same period in the prior year, the business earned ($0.44) EPS. The business’s revenue was up 19.8% compared to the same quarter last year. equities analysts predict that Ferrellgas Partners, L.P. will post 0.05 earnings per share for the current fiscal year.

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Ferrellgas Partners Company Profile

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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Institutional Ownership by Quarter for Ferrellgas Partners (NYSE:FGP)

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