Amerigas Partners LP (NYSE:APU) 2016 Q4 Sentiment Report

July 17, 2017 - By Linda Rogers

 Amerigas Partners LP (NYSE:APU)  2016 Q4 Sentiment Report

Sentiment for Amerigas Partners LP (NYSE:APU)

Amerigas Partners LP (NYSE:APU) institutional sentiment decreased to 1.03 in 2016 Q4. Its down -0.40, from 1.43 in 2016Q3. The ratio dropped, as 79 investment professionals increased and started new equity positions, while 77 cut down and sold equity positions in Amerigas Partners LP. The investment professionals in our partner’s database reported: 21.43 million shares, up from 21.19 million shares in 2016Q3. Also, the number of investment professionals holding Amerigas Partners LP in their top 10 equity positions was flat from 1 to 1 for the same number . Sold All: 23 Reduced: 54 Increased: 49 New Position: 30.

AmeriGas Partners, L.P. is a holding company. The company has market cap of $4.26 billion. The Firm is a retail propane distributor in the United States. It has a 65.51 P/E ratio. It serves approximately two million residential, commercial, industrial, agricultural, wholesale and motor fuel clients in all 50 states from approximately 2,000 propane distribution locations.

The stock increased 1.37% or $0.61 during the last trading session, reaching $45.23. About 156,633 shares traded. AmeriGas Partners, L.P. (NYSE:APU) has declined 1.59% since July 17, 2016 and is downtrending. It has underperformed by 18.29% the S&P500.

Analysts await AmeriGas Partners, L.P. (NYSE:APU) to report earnings on August, 7. They expect $-0.22 earnings per share, up 38.89 % or $0.14 from last year’s $-0.36 per share. After $1.68 actual earnings per share reported by AmeriGas Partners, L.P. for the previous quarter, Wall Street now forecasts -113.10 % negative EPS growth.

Energy Income Partners Llc holds 1.98% of its portfolio in AmeriGas Partners, L.P. for 2.18 million shares. Albert D Mason Inc owns 43,581 shares or 1.82% of their US portfolio. Moreover, Ct Mason has 1.54% invested in the company for 70,659 shares. The Tennessee-based Barnett & Company Inc. has invested 1.13% in the stock. Amg Funds Llc, a Connecticut-based fund reported 41,125 shares.#img1#

Since January 1, 0001, it had 0 insider purchases, and 1 sale for $515,452 activity.

AmeriGas Partners, L.P. (NYSE:APU) Ratings Coverage

Ratings analysis reveals 17% of AmeriGas Partners LP’s analysts are positive. Out of 6 Wall Street analysts rating AmeriGas Partners LP, 1 give it “Buy”, 3 “Sell” rating, while 2 recommend “Hold”. The lowest target is $41.50 while the high is $52. The stock’s average target of $45.13 is -0.22% below today’s ($45.23) share price. APU was included in 10 notes of analysts from August 20, 2015. The firm has “Underperform” rating given on Friday, February 3 by Bank of America. As per Saturday, August 29, the company rating was downgraded by TheStreet. The stock has “Buy” rating by Janney Capital on Thursday, May 26. UBS maintained it with “Neutral” rating and $41.50 target in Thursday, November 19 report. Barclays Capital maintained it with “Underweight” rating and $47 target in Thursday, August 4 report. The stock of AmeriGas Partners, L.P. (NYSE:APU) has “Sell” rating given on Friday, June 10 by UBS. Jefferies maintained it with “Hold” rating and $4600 target in Thursday, June 22 report. The firm has “Neutral” rating given on Monday, November 2 by JP Morgan.

More notable recent AmeriGas Partners, L.P. (NYSE:APU) news were published by: Nasdaq.com which released: “AmeriGas Partners, LP (APU) Ex-Dividend Date Scheduled for November 08, 2016” on November 07, 2016, also Nasdaq.com with their article: “AmeriGas Partners, LP (APU) Ex-Dividend Date Scheduled for May 08, 2017” published on May 05, 2017, Seekingalpha.com published: “AmeriGas Partners’ (APU) CEO Jerry Sheridan on Q2 2017 Results – Earnings Call …” on May 02, 2017. More interesting news about AmeriGas Partners, L.P. (NYSE:APU) were released by: Seekingalpha.com and their article: “AmeriGas Partners’ (APU) CEO Jerry Sheridan on Q1 2017 Results – Earnings Call …” published on February 02, 2017 as well as Seekingalpha.com‘s news article titled: “AmeriGas Partners: The Gold Standard Of Propane MLPs Is Still A High-Risk …” with publication date: November 30, 2016.

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