3 days Ago By ABMN Staff
StockNews.com upgraded shares of Ultrapar Participações ( NYSE:UGP – Free Report ) from a hold rating to a buy rating in a research report report published on Friday. Other research analysts have also recently issued research reports about the stock.
Hsbc Global Res upgraded shares of Ultrapar Participações from a strong sell rating to a hold rating in a research report on Friday, July 19th. Citigroup upgraded shares of Ultrapar Participações from a neutral rating to a buy rating in a research report on Friday, June 14th. The Goldman Sachs Group dropped their target price on shares of Ultrapar Participações from $5.
90 to $5.20 and set a neutral rating for the company in a research report on Tuesday, July 23rd. Finally, HSBC upgraded shares of Ultrapar Participações from a reduce rating to a hold rating in a research report on Friday, July 19th.
One analyst has rated the stock with a sell rating, four have given a hold rating and two have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of Hold and a consensus target price of $4.
25. Read Our Latest Report on UGP Ultrapar Participações Stock Performance Ultrapar Participações ( NYSE:UGP – Get Free Report ) last posted its quarterly earnings data on Wednesday, August 7th. The oil and gas company reported $0.
08 earnings per share for the quarter, hitting the consensus estimate of $0.08. Ultrapar Participações had a net margin of 2.
21% and a return on equity of 20.24%. The firm had revenue of $6.
21 billion during the quarter. Analysts forecast that Ultrapar Participações will post 0.34 EPS for the current year.
Ultrapar Participações Cuts Dividend The firm also recently announced a semi-annual dividend, which was paid on Tuesday, September 3rd. Shareholders of record on Monday, August 19th were given a dividend of $0.0446 per share.
This represents a dividend yield of 2.7%. The ex-dividend date was Monday, August 19th.
Ultrapar Participações’s payout ratio is 16.67%. Hedge Funds Weigh In On Ultrapar Participações Institutional investors and hedge funds have recently made changes to their positions in the company.
Acadian Asset Management LLC grew its holdings in shares of Ultrapar Participações by 175.6% in the 1st quarter. Acadian Asset Management LLC now owns 3,471,048 shares of the oil and gas company’s stock valued at $19,850,000 after buying an additional 2,211,696 shares during the period.
O Shaughnessy Asset Management LLC grew its holdings in shares of Ultrapar Participações by 60.0% in the 1st quarter. O Shaughnessy Asset Management LLC now owns 356,835 shares of the oil and gas company’s stock valued at $2,041,000 after buying an additional 133,791 shares during the period.
Simplicity Wealth LLC acquired a new position in shares of Ultrapar Participações in the 1st quarter valued at $143,000. Bleakley Financial Group LLC grew its holdings in shares of Ultrapar Participações by 112.6% in the 1st quarter.
Bleakley Financial Group LLC now owns 25,044 shares of the oil and gas company’s stock valued at $143,000 after buying an additional 13,262 shares during the period. Finally, Capstone Investment Advisors LLC acquired a new position in shares of Ultrapar Participações in the 1st quarter valued at $328,000. Institutional investors and hedge funds own 3.
58% of the company’s stock. Ultrapar Participações Company Profile ( Get Free Report ) Ultrapar Participações SA, through its subsidiaries, operates in the energy and infrastructure business in Brazil. The company distributes liquefied petroleum gas to residential, commercial, and industrial consumers, in addition to renewable electricity and compressed natural gas.
It also operates in the distribution and marketing of gasoline, ethanol, diesel, fuel oil, kerosene, natural gas for vehicles, and lubricants; and holds AmPm convenience stores and provides JetOil lubricant services. Read More Receive News & Ratings for Ultrapar Participações Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ultrapar Participações and related companies with MarketBeat.com's FREE daily email newsletter .
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