Could Amerigas Partners L P (NYSE:APU) Go Down After Its Newest Short Interest Report?

October 13, 2017 - By Hazel Jackson

 Could Amerigas Partners L P (NYSE:APU) Go Down After Its Newest Short Interest Report?

Investors sentiment increased to 1.48 in Q2 2017. Its up 0.56, from 0.92 in 2017Q1. It increased, as 18 investors sold AmeriGas Partners, L.P. shares while 43 reduced holdings. 25 funds opened positions while 65 raised stakes. 21.57 million shares or 2.01% less from 22.01 million shares in 2017Q1 were reported.
Palisade Mgmt Limited Nj stated it has 7,775 shares. Bryn Mawr Com reported 0.02% in AmeriGas Partners, L.P. (NYSE:APU). Northwestern Mutual Wealth Co stated it has 0% of its portfolio in AmeriGas Partners, L.P. (NYSE:APU). Archford Capital Strategies Ltd stated it has 5,205 shares. Whittier Trust reported 1,719 shares stake. Stifel Finance stated it has 0.01% in AmeriGas Partners, L.P. (NYSE:APU). Old Bank & Trust In holds 0.11% of its portfolio in AmeriGas Partners, L.P. (NYSE:APU) for 43,000 shares. Commonwealth Of Pennsylvania Pub School Empls Retrmt, a Pennsylvania-based fund reported 126,995 shares. Walleye Trading Limited Company reported 4,091 shares. Carnegie Cap Asset Mgmt Limited Liability Com reported 19,960 shares stake. Payden & Rygel owns 1,120 shares. Neuberger Berman Ltd owns 127,680 shares for 0.01% of their portfolio. Jane Street Limited Liability Co, New York-based fund reported 12,008 shares. Barnett And Inc holds 0.12% or 5,730 shares in its portfolio. Shamrock Asset Mgmt Ltd Liability Corp holds 0.02% or 640 shares in its portfolio.

The stock of Amerigas Partners L P (NYSE:APU) registered a decrease of 2.31% in short interest. APU’s total short interest was 2.21 million shares in October as published by FINRA. Its down 2.31% from 2.26M shares, reported previously. With 150,400 shares average volume, it will take short sellers 15 days to cover their APU’s short positions. The short interest to Amerigas Partners L P’s float is 3.2%.

The stock increased 0.03% or $0.01 during the last trading session, reaching $44.96. About 97,679 shares traded. AmeriGas Partners, L.P. (NYSE:APU) has declined 1.59% since October 13, 2016 and is downtrending. It has underperformed by 18.29% the S&P500.

AmeriGas Partners, L.P. is a holding company. The company has market cap of $4.18 billion. The Firm is a retail propane distributor in the United States. It has a 83.98 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.

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

Among 6 analysts covering AmeriGas Partners LP (NYSE:APU), 1 have Buy rating, 3 Sell and 2 Hold. Therefore 17% are positive. AmeriGas Partners LP had 10 analyst reports since August 20, 2015 according to SRatingsIntel. The stock of AmeriGas Partners, L.P. (NYSE:APU) has “Buy” rating given on Saturday, August 29 by TheStreet. The stock of AmeriGas Partners, L.P. (NYSE:APU) has “Neutral” rating given on Monday, November 2 by JP Morgan. The firm has “Sell” rating given on Friday, June 10 by UBS. The stock of AmeriGas Partners, L.P. (NYSE:APU) has “Underperform” rating given on Friday, February 3 by Bank of America. Barclays Capital maintained AmeriGas Partners, L.P. (NYSE:APU) rating on Thursday, August 4. Barclays Capital has “Underweight” rating and $47 target. The rating was maintained by Jefferies with “Hold” on Thursday, June 22. UBS maintained it with “Neutral” rating and $41.50 target in Thursday, November 19 report. Janney Capital reinitiated the shares of APU in report on Thursday, May 26 with “Buy” rating.

More notable recent AmeriGas Partners, L.P. (NYSE:APU) news were published by: Seekingalpha.com which released: “AmeriGas Partners: Is Its 8.5% Yield Sustainable?” on July 21, 2017, also Nasdaq.com with their article: “AmeriGas Partners, LP (APU) Ex-Dividend Date Scheduled for May 08, 2017” published on May 05, 2017, Businesswire.com published: “AmeriGas Partners, LP to Hold 4QFY17 Earnings Conference Call and Webcast on …” on October 12, 2017. More interesting news about AmeriGas Partners, L.P. (NYSE:APU) were released by: Nasdaq.com and their article: “AmeriGas Partners Breaks Above 200-Day Moving Average – Bullish for APU” published on September 29, 2017 as well as Nasdaq.com‘s news article titled: “AmeriGas Partners, LP (APU) Ex-Dividend Date Scheduled for August 08, 2017” with publication date: August 07, 2017.

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