Amerigas Partners LP (NYSE:APU) Move as Institutional Investors’ Sentiment Up

AmeriGas Partners, L.P. (NYSE:APU) Logo

Sentiment for Amerigas Partners LP (NYSE:APU)

Amerigas Partners LP (NYSE:APU) institutional sentiment increased to 0.97 in Q1 2019. Its up 0.37, from 0.6 in 2018Q4. The ratio increased, as 63 investment managers increased and opened new positions, while 65 cut down and sold their equity positions in Amerigas Partners LP. The investment managers in our partner’s database now possess: 20.36 million shares, down from 20.79 million shares in 2018Q4. Also, the number of investment managers holding Amerigas Partners LP in their top 10 positions was flat from 0 to 0 for the same number . Sold All: 19 Reduced: 46 Increased: 34 New Position: 29.

AmeriGas Partners, L.P. through its subsidiary, AmeriGas Propane, L.P., distributes propane and related equipment and supplies in the United States. The company has market cap of $3.24 billion. It serves approximately 1.9 million residential, commercial, industrial, agricultural, wholesale, and motor fuel clients in 50 states through approximately 1,900 propane distribution locations. It has a 25.58 P/E ratio. The companyÂ’s propane is used for home heating, water heating, and cooking purposes; to fire furnaces, as a cutting gas, and in other process applications; as a supplemental fuel and motor fuel; and for tobacco curing, chicken brooding, crop drying, and orchard heating applications.

The stock decreased 0.31% or $0.11 during the last trading session, reaching $34.87. About 530,273 shares traded. AmeriGas Partners, L.P. (NYSE:APU) has declined 15.25% since July 12, 2018 and is downtrending. It has underperformed by 19.68% the S&P500.

Analysts await AmeriGas Partners, L.P. (NYSE:APU) to report earnings on August, 7. They expect $-0.24 earnings per share, up 27.27 % or $0.09 from last year’s $-0.33 per share. After $1.42 actual earnings per share reported by AmeriGas Partners, L.P. for the previous quarter, Wall Street now forecasts -116.90 % negative EPS growth.

Energy Income Partners Llc holds 2.34% of its portfolio in AmeriGas Partners, L.P. for 4.43 million shares. A. D. Beadell Investment Counsel Inc. owns 61,050 shares or 1.67% of their US portfolio. Moreover, Albert D Mason Inc has 1.05% invested in the company for 46,454 shares. The Massachusetts-based North American Management Corp has invested 0.46% in the stock. Tiedemann Advisors Llc, a New York-based fund reported 298,947 shares.

More notable recent AmeriGas Partners, L.P. (NYSE:APU) news were published by: Globenewswire.com which released: “AmeriGas (APU) Merger Investigation: Halper Sadeh LLP Announces Investigation Into Whether the Sale of AmeriGas Partners, LP Is Fair to AmeriGas Shareholders – APU – GlobeNewswire” on April 15, 2019, also Twst.com with their article: “UGI Corporation: UGI Corporation to Hold 3QFY19 Earnings Conference Call and Webcast on Tuesday, August 6 – The Wall Street Transcript” published on July 11, 2019, Seekingalpha.com published: “Best-Performing Utility Stocks YTD – June 2019 – Seeking Alpha” on June 20, 2019. More interesting news about AmeriGas Partners, L.P. (NYSE:APU) were released by: Businesswire.com and their article: “UGI Increases Annual Dividend marking the 135th Year of Common Dividends and the 32nd Consecutive Year of Annual Dividend Increases – Business Wire” published on April 30, 2019 as well as Seekingalpha.com‘s news article titled: “UGI, AmeriGas upgraded at AmeriGas ahead of potential roll-up – Seeking Alpha” with publication date: February 25, 2019.

AmeriGas Partners, L.P. (NYSE:APU) Institutional Positions Chart

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