Mariner Investment Group Has Lowered Mplx LP (MPLX) Holding; Profile of 0 Analysts Covering Ferrellgas Partners, L.P. (FGP)

February 15, 2018 - By Michael Collier

Among 11 analysts covering Ferrellgas Partners L.P. (NYSE:FGP), 0 have Buy rating, 4 Sell and 7 Hold. Therefore 0 are positive. Ferrellgas Partners L.P. had 34 analyst reports since August 11, 2015 according to SRatingsIntel. The stock of Ferrellgas Partners, L.P. (NYSE:FGP) has “Neutral” rating given on Monday, August 22 by Piper Jaffray. The firm earned “Underperform” rating on Thursday, September 29 by RBC Capital Markets. UBS maintained the shares of FGP in report on Thursday, September 29 with “Sell” rating. The stock has “Neutral” rating by Piperjaffray on Monday, August 22. The company was initiated on Tuesday, March 22 by Janney Capital. On Monday, December 12 the stock rating was maintained by UBS with “Sell”. RBC Capital Markets maintained it with “Hold” rating and $6.0 target in Sunday, October 29 report. RBC Capital Markets downgraded Ferrellgas Partners, L.P. (NYSE:FGP) on Thursday, September 15 to “Underperform” rating. Janney Capital initiated Ferrellgas Partners, L.P. (NYSE:FGP) on Wednesday, August 24 with “Neutral” rating. The stock has “Underweight” rating by JP Morgan on Wednesday, September 28. See Ferrellgas Partners, L.P. (NYSE:FGP) latest ratings:

16/01/2018 Broker: RBC Capital Markets Rating: Hold New Target: $5.0 Maintain
09/01/2018 Broker: Citigroup Rating: Hold New Target: $4.5 Downgrade
07/12/2017 Broker: Raymond James Rating: Sell
29/10/2017 Broker: RBC Capital Markets Rating: Hold New Target: $6.0 Maintain
25/09/2017 Broker: RBC Capital Markets Rating: Hold New Target: $6.0 Maintain
20/08/2017 Broker: RBC Capital Markets Rating: Hold New Target: $6.0 Maintain

Mariner Investment Group Llc decreased Mplx Lp (MPLX) stake by 90.73% reported in 2017Q3 SEC filing. Mariner Investment Group Llc sold 295,973 shares as Mplx Lp (MPLX)’s stock declined 7.56%. The Mariner Investment Group Llc holds 30,227 shares with $1.06 million value, down from 326,200 last quarter. Mplx Lp now has $29.21B valuation. The stock decreased 0.36% or $0.13 during the last trading session, reaching $36.32. About 232,511 shares traded. MPLX LP (NYSE:MPLX) has risen 11.48% since February 15, 2017 and is uptrending. It has underperformed by 5.22% the S&P500.

The stock increased 0.02% or $0.0008 during the last trading session, reaching $4.0908. About 72,699 shares traded. Ferrellgas Partners, L.P. (NYSE:FGP) has declined 71.41% since February 15, 2017 and is downtrending. It has underperformed by 88.11% the S&P500.

Ferrellgas Partners, L.P. distributes and sells propane and related equipment and supplies primarily in the United States. The company has market cap of $401.48 million. It operates in two divisions: Propane Operations and Related Equipment Sales, and Midstream Operations. It currently has negative earnings. The firm transports propane to propane distribution locations, tanks on customersÂ’ premises, or to portable propane tanks delivered to retailers.

Investors sentiment decreased to 0.68 in 2017 Q3. Its down 0.11, from 0.79 in 2017Q2. It is negative, as 17 investors sold Ferrellgas Partners, L.P. shares while 20 reduced holdings. 3 funds opened positions while 22 raised stakes. 6.00 million shares or 0.96% more from 5.94 million shares in 2017Q2 were reported. Us Bancorporation De, Minnesota-based fund reported 4,900 shares. Wealthtrust stated it has 0% of its portfolio in Ferrellgas Partners, L.P. (NYSE:FGP). Hightower Advisors Lc invested in 0% or 41,270 shares. Cwm reported 500 shares. Texas Yale Cap accumulated 177,393 shares. Manufacturers Life Ins The owns 3,825 shares for 0% of their portfolio. Brookstone has 0.01% invested in Ferrellgas Partners, L.P. (NYSE:FGP) for 20,247 shares. Prescott Gru Cap Management Limited Company holds 860,245 shares. Royal State Bank Of Canada owns 131,183 shares. Stifel Fin has 0% invested in Ferrellgas Partners, L.P. (NYSE:FGP). 16,566 were accumulated by Cetera Advisors Limited Co. X Management Company Ltd Llc has 0% invested in Ferrellgas Partners, L.P. (NYSE:FGP) for 3,895 shares. Ameriprise Fincl Inc holds 0% in Ferrellgas Partners, L.P. (NYSE:FGP) or 15,822 shares. Novare Capital Mgmt Limited Liability Com holds 112,000 shares or 0.1% of its portfolio. Peak6 Investments Lp reported 20,639 shares.

Investors sentiment decreased to 1.04 in Q3 2017. Its down 0.22, from 1.26 in 2017Q2. It worsened, as 26 investors sold MPLX shares while 79 reduced holdings. 15 funds opened positions while 94 raised stakes. 258.81 million shares or 4.21% more from 248.36 million shares in 2017Q2 were reported. Walter Keenan Fincl Consulting Mi Adv reported 0.16% stake. Nuveen Asset Management Limited Liability Corp accumulated 45,354 shares. Walleye Trading Limited Liability invested in 26,340 shares or 0% of the stock. Starr International Inc has 0.49% invested in MPLX LP (NYSE:MPLX). Keybank Natl Association Oh has 0% invested in MPLX LP (NYSE:MPLX). Texas Yale Cap reported 0.4% of its portfolio in MPLX LP (NYSE:MPLX). Koshinski Asset Mngmt Incorporated holds 21,030 shares. Virtu Finance Llc invested 0.34% in MPLX LP (NYSE:MPLX). Stifel Corp invested in 135,591 shares or 0.02% of the stock. Comerica Bancorporation has invested 0% in MPLX LP (NYSE:MPLX). Fort Washington Inv Advsrs Inc Oh has 0.25% invested in MPLX LP (NYSE:MPLX) for 455,964 shares. King Luther Mngmt owns 12,317 shares for 0% of their portfolio. Stockbridge Ptnrs Ltd Llc has 9.69% invested in MPLX LP (NYSE:MPLX). Jennison Assocs Limited Liability Com reported 969,445 shares. First Advsr LP holds 0.01% in MPLX LP (NYSE:MPLX) or 115,732 shares.

Among 20 analysts covering MPLX LP (NYSE:MPLX), 15 have Buy rating, 0 Sell and 5 Hold. Therefore 75% are positive. MPLX LP had 59 analyst reports since October 20, 2015 according to SRatingsIntel. Stifel Nicolaus maintained the shares of MPLX in report on Thursday, October 26 with “Buy” rating. On Thursday, June 1 the stock rating was maintained by Jefferies with “Buy”. The firm has “Outperform” rating by RBC Capital Markets given on Monday, May 2. Credit Suisse upgraded the stock to “Outperform” rating in Friday, April 29 report. The stock has “Mkt Perform” rating by FBR Capital on Friday, September 9. The rating was maintained by UBS with “Buy” on Friday, October 27. Raymond James upgraded the stock to “Strong Buy” rating in Monday, October 31 report. The firm has “Hold” rating given on Tuesday, August 23 by Jefferies. The firm has “Buy” rating given on Monday, October 16 by Jefferies. The rating was upgraded by Jefferies to “Buy” on Monday, October 31.

Since September 13, 2017, it had 0 buys, and 2 selling transactions for $247,258 activity. Floerke Gregory Scott also sold $74,000 worth of MPLX LP (NYSE:MPLX) on Monday, December 11. Another trade for 5,000 shares valued at $173,258 was sold by Bromley C Corwin.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our free daily email newsletter:


>