Ultrapar Participações S.A. (NYSE:UGP) Receives Consensus Recommendation of “Hold” from Analysts

Shares of Ultrapar Participações S.A. (NYSE:UGP) have received an average rating of “Hold” from the five brokerages that are currently covering the firm, MarketBeat Ratings reports. Four investment analysts have rated the stock with a hold rating and one has issued a buy rating on the company. The average twelve-month price target among analysts that have issued ratings on the stock in the last year is $5.20.

Separately, StockNews.com downgraded Ultrapar Participações from a “buy” rating to a “hold” rating in a research note on Wednesday, November 13th.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the stock. D Orazio & Associates Inc. boosted its stake in Ultrapar Participações by 30.3% in the second quarter. D Orazio & Associates Inc. now owns 15,046 shares of the oil and gas company’s stock worth $59,000 after buying an additional 3,498 shares in the last quarter. BNP Paribas Financial Markets raised its position in Ultrapar Participações by 36.1% in the 1st quarter. BNP Paribas Financial Markets now owns 17,923 shares of the oil and gas company’s stock worth $103,000 after purchasing an additional 4,757 shares during the period. Aigen Investment Management LP lifted its stake in Ultrapar Participações by 19.4% in the third quarter. Aigen Investment Management LP now owns 38,120 shares of the oil and gas company’s stock worth $148,000 after purchasing an additional 6,205 shares during the last quarter. Signaturefd LLC boosted its holdings in Ultrapar Participações by 67.9% during the 3rd quarter. Signaturefd LLC now owns 16,017 shares of the oil and gas company’s stock valued at $62,000 after acquiring an additional 6,476 shares during the period. Finally, Mount Yale Investment Advisors LLC grew its holdings in shares of Ultrapar Participações by 7.1% in the first quarter. Mount Yale Investment Advisors LLC now owns 115,775 shares of the oil and gas company’s stock worth $662,000 after purchasing an additional 7,638 shares during the last quarter. 3.58% of the stock is currently owned by institutional investors.

Ultrapar Participações Stock Up 0.6 %

Shares of NYSE UGP opened at $3.24 on Thursday. The company has a quick ratio of 1.11, a current ratio of 1.57 and a debt-to-equity ratio of 0.76. The company’s fifty day simple moving average is $3.73 and its 200 day simple moving average is $4.09. The firm has a market cap of $3.61 billion, a PE ratio of 7.04, a P/E/G ratio of 2.68 and a beta of 1.61. Ultrapar Participações has a 12-month low of $3.19 and a 12-month high of $6.34.

About Ultrapar Participações

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.