Ferrellgas Partners, L.P. (NYSE:FGP) VP Trenton D. Hampton acquired 6,000 shares of the company’s stock in a transaction that occurred on Monday, October 16th. The stock was acquired at an average price of $4.98 per share, with a total value of $29,880.00. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website.

Ferrellgas Partners, L.P. (NYSE:FGP) traded down 2.22% during mid-day trading on Tuesday, reaching $4.84. 357,373 shares of the company’s stock were exchanged. The stock’s market cap is $470.22 million. The stock has a 50-day moving average of $5.13 and a 200-day moving average of $5.19. Ferrellgas Partners, L.P. has a one year low of $4.22 and a one year high of $10.74.

Ferrellgas Partners, L.P. (NYSE:FGP) last announced its quarterly earnings data on Thursday, September 28th. The oil and gas company reported ($0.57) earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.48) by ($0.09). The business had revenue of $433.38 million during the quarter, compared to analysts’ expectations of $431.74 million. During the same period in the prior year, the firm earned ($6.68) EPS. The business’s revenue was up 5.8% on a year-over-year basis. On average, equities research analysts anticipate that Ferrellgas Partners, L.P. will post $0.15 earnings per share for the current year.

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Hedge funds have recently made changes to their positions in the business. KCG Holdings Inc. bought a new stake in Ferrellgas Partners, L.P. in the first quarter valued at approximately $106,000. Alliancebernstein L.P. lifted its position in 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 valued at $109,000 after purchasing an additional 5,257 shares during the last quarter. Russell Investments Group Ltd. bought a new stake in Ferrellgas Partners, L.P. in the first quarter valued at approximately $166,000. Cambridge Investment Research Advisors Inc. lifted its position in 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 valued at $409,000 after purchasing an additional 2,162 shares during the last quarter. Finally, Virtu KCG Holdings LLC lifted its position in Ferrellgas Partners, L.P. by 410.3% in the second quarter. Virtu KCG Holdings LLC now owns 89,811 shares of the oil and gas company’s stock valued at $411,000 after purchasing an additional 72,211 shares during the last quarter. Hedge funds and other institutional investors own 6.91% of the company’s stock.

A number of research analysts recently issued reports on the stock. Royal Bank Of Canada reiterated a “hold” rating and issued a $6.00 price objective on shares of Ferrellgas Partners, L.P. in a report on Wednesday, September 27th. Zacks Investment Research upgraded shares of Ferrellgas Partners, L.P. from a “hold” rating to a “buy” rating and set a $5.75 price objective for the company in a report on Monday, October 9th. BidaskClub upgraded shares of Ferrellgas Partners, L.P. from a “strong sell” rating to a “sell” rating in a report on Thursday, August 10th. Finally, ValuEngine upgraded shares of Ferrellgas Partners, L.P. from a “strong sell” rating to a “sell” rating in a report on Friday, July 7th. Three equities research analysts have rated the stock with a sell rating, four have issued a hold rating and two have assigned a buy rating to the stock. The stock presently has a consensus rating of “Hold” and a consensus target price of $8.18.

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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