Ferrellgas Partners, L.P. (FGP) Reaches $3.21 After 3.00% Down Move; Timber Hill Boosted By $1.40 Million Its Canadian Natural Resources (CNQ) Position

April 17, 2018 - By Michael Collier

Canadian Natural Resources Limited (NYSE:CNQ) Logo

Timber Hill Llc increased Canadian Natural Resources (CNQ) stake by 284.77% reported in 2017Q4 SEC filing. Timber Hill Llc acquired 39,890 shares as Canadian Natural Resources (CNQ)’s stock declined 11.77%. The Timber Hill Llc holds 53,898 shares with $1.93M value, up from 14,008 last quarter. Canadian Natural Resources now has $41.05B valuation. The stock increased 0.48% or $0.16 during the last trading session, reaching $34.79. About 990,487 shares traded. Canadian Natural Resources Limited (NYSE:CNQ) has declined 3.31% since April 17, 2017 and is downtrending. It has underperformed by 14.86% the S&P500.

The stock of Ferrellgas Partners, L.P. (NYSE:FGP) is a huge mover today! The stock decreased 1.23% or $0.04 during the last trading session, reaching $3.21. About 114,296 shares traded. Ferrellgas Partners, L.P. (NYSE:FGP) has declined 51.13% since April 17, 2017 and is downtrending. It has underperformed by 62.68% the S&P500.The move comes after 8 months negative chart setup for the $315.04 million company. It was reported on Apr, 17 by Barchart.com. We have $3.11 PT which if reached, will make NYSE:FGP worth $9.45 million less.

Timber Hill Llc decreased Ishares Russell 1000 Growth (Call) stake by 13,000 shares to 10,000 valued at $1.35M in 2017Q4. It also reduced Amerisourcebergen Corp. (Call) stake by 15,000 shares and now owns 35,200 shares. Proshares Ultra Dow30 (DDM) was reduced too.

Among 15 analysts covering Canadian Natural Resources Limited (NYSE:CNQ), 11 have Buy rating, 0 Sell and 4 Hold. Therefore 73% are positive. Canadian Natural Resources Limited had 33 analyst reports since July 21, 2015 according to SRatingsIntel. TD Securities downgraded Canadian Natural Resources Limited (NYSE:CNQ) on Friday, April 1 to “Hold” rating. The firm earned “Neutral” rating on Monday, September 14 by Citigroup. The rating was downgraded by JP Morgan to “Overweight” on Wednesday, August 26. As per Friday, July 21, the company rating was downgraded by Citigroup. The rating was maintained by Citigroup on Thursday, April 7 with “Buy”. The stock of Canadian Natural Resources Limited (NYSE:CNQ) earned “Outperform” rating by RBC Capital Markets on Friday, November 6. The firm has “Outperform” rating given on Wednesday, September 9 by Raymond James. The firm earned “Buy” rating on Thursday, June 22 by Goldman Sachs. The rating was initiated by Bank of America on Friday, August 19 with “Buy”. The firm has “Sector Outperform” rating by Scotia Capital given on Friday, August 7.

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. has $21 highest and $2 lowest target. $8.83’s average target is 175.08% above currents $3.21 stock price. Ferrellgas Partners L.P. had 35 analyst reports since August 11, 2015 according to SRatingsIntel. On Monday, August 22 the stock rating was initiated by PiperJaffray with “Neutral”. Citigroup downgraded the shares of FGP in report on Tuesday, January 9 to “Hold” rating. The rating was downgraded by Citigroup on Tuesday, September 13 to “Sell”. UBS maintained the stock with “Sell” rating in Thursday, March 29 report. Citigroup upgraded the stock to “Buy” rating in Monday, December 5 report. On Monday, September 25 the stock rating was maintained by RBC Capital Markets with “Hold”. The firm has “Sell” rating by UBS given on Thursday, September 29. The rating was maintained by RBC Capital Markets with “Hold” on Sunday, October 29. UBS maintained Ferrellgas Partners, L.P. (NYSE:FGP) on Monday, December 12 with “Sell” rating. The firm earned “Neutral” rating on Monday, August 22 by Piper Jaffray.

Ferrellgas Partners, L.P. distributes and sells propane and related equipment and supplies primarily in the United States. The company has market cap of $315.04 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 increased to 0.74 in Q4 2017. Its up 0.06, from 0.68 in 2017Q3. It increased, as 10 investors sold Ferrellgas Partners, L.P. shares while 25 reduced holdings. 13 funds opened positions while 13 raised stakes. 4.62 million shares or 22.94% less from 6.00 million shares in 2017Q3 were reported. Morgan Stanley reported 0% stake. Cambridge Research Advsr Incorporated reported 80,767 shares. Citadel Advsr Limited Liability Corporation stated it has 0% in Ferrellgas Partners, L.P. (NYSE:FGP). Plante Moran Advisors Limited Com has invested 0.01% in Ferrellgas Partners, L.P. (NYSE:FGP). First Allied Advisory Ser stated it has 15,350 shares. 10,000 were reported by Hm Payson & Co. Gsa Cap Partners Llp, United Kingdom-based fund reported 37,590 shares. Stifel Finance reported 0% stake. Rmb Capital Limited Liability Corp reported 1.11 million shares. Ifc Fl invested in 0% or 10,062 shares. Exane Derivatives reported 0% of its portfolio in Ferrellgas Partners, L.P. (NYSE:FGP). Jpmorgan Chase & has 0% invested in Ferrellgas Partners, L.P. (NYSE:FGP) for 10 shares. Deutsche Natl Bank Ag holds 105,801 shares or 0% of its portfolio. Texas Yale Capital Corp stated it has 0.05% of its portfolio in Ferrellgas Partners, L.P. (NYSE:FGP). Van Eck Assoc invested in 502,354 shares or 0.01% of the stock.

Ferrellgas Partners, L.P. (NYSE:FGP) Institutional Positions Chart

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