Ultrapar Participações S.A. (NYSE:UGP) Given Consensus Rating of “Hold” by Analysts

Ultrapar Participações S.A. (NYSE:UGP) has earned a consensus rating of “Hold” from the five ratings firms that are currently covering the stock, Marketbeat reports. Four analysts have rated the stock with a hold rating and one has issued a buy rating on the company. The average 1-year price target among brokerages that have issued ratings on the stock in the last year is $5.20.

Separately, StockNews.com lowered shares of Ultrapar Participações from a “buy” rating to a “hold” rating in a research report on Wednesday, November 13th.

Ultrapar Participações Price Performance

Shares of UGP opened at $2.68 on Monday. Ultrapar Participações has a 12 month low of $2.55 and a 12 month high of $6.34. The company has a debt-to-equity ratio of 0.76, a current ratio of 1.57 and a quick ratio of 1.11. The stock has a fifty day moving average price of $3.30 and a 200 day moving average price of $3.81. The company has a market cap of $2.99 billion, a P/E ratio of 5.83, a PEG ratio of 2.21 and a beta of 1.53.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of UGP. Sequoia Financial Advisors LLC bought a new position in Ultrapar Participações in the 3rd quarter valued at about $46,000. Freedom Investment Management Inc. acquired a new position in shares of Ultrapar Participações during the third quarter valued at approximately $48,000. Cutter & CO Brokerage Inc. bought a new stake in Ultrapar Participações during the second quarter worth approximately $57,000. D Orazio & Associates Inc. lifted its position 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 purchasing an additional 3,498 shares during the period. Finally, Blue Trust Inc. lifted its position in Ultrapar Participações by 567.5% in the second quarter. Blue Trust Inc. now owns 15,833 shares of the oil and gas company’s stock worth $62,000 after purchasing an additional 13,461 shares during the period. 3.58% of the stock is owned by institutional investors and hedge funds.

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.