Ultrapar Participações S.A. (NYSE:UGP) Shares Acquired by Two Sigma Advisers LP

Two Sigma Advisers LP grew its stake in Ultrapar Participações S.A. (NYSE:UGP - Free Report) by 18.9% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,382,300 shares of the oil and gas company's stock after acquiring an additional 220,200 shares during the quarter. Two Sigma Advisers LP owned about 0.12% of Ultrapar Participações worth $3,635,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in UGP. Mercer Global Advisors Inc. ADV acquired a new stake in Ultrapar Participações during the fourth quarter worth about $29,000. Franklin Resources Inc. acquired a new stake in Ultrapar Participações during the fourth quarter worth about $31,000. Signaturefd LLC increased its stake in Ultrapar Participações by 23.0% during the fourth quarter. Signaturefd LLC now owns 19,705 shares of the oil and gas company's stock worth $52,000 after acquiring an additional 3,688 shares during the last quarter. QRG Capital Management Inc. increased its stake in Ultrapar Participações by 38.1% during the fourth quarter. QRG Capital Management Inc. now owns 20,609 shares of the oil and gas company's stock worth $54,000 after acquiring an additional 5,687 shares during the last quarter. Finally, Quadrant Capital Group LLC increased its stake in Ultrapar Participações by 49.6% during the fourth quarter. Quadrant Capital Group LLC now owns 27,813 shares of the oil and gas company's stock worth $73,000 after acquiring an additional 9,220 shares during the last quarter. 3.58% of the stock is currently owned by hedge funds and other institutional investors.

Ultrapar Participações Stock Down 4.4%

UGP traded down $0.13 on Friday, reaching $2.84. The company's stock had a trading volume of 1,333,244 shares, compared to its average volume of 1,685,095. 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 business's 50 day moving average is $3.01 and its 200 day moving average is $2.92. Ultrapar Participações S.A. has a 1 year low of $2.53 and a 1 year high of $4.51. The stock has a market cap of $3.17 billion, a price-to-earnings ratio of 6.17, a price-to-earnings-growth ratio of 2.39 and a beta of 1.13.

Analyst Upgrades and Downgrades

Several equities research analysts have commented on UGP shares. The Goldman Sachs Group upgraded Ultrapar Participações from a "neutral" rating to a "buy" rating and dropped their price target for the stock from $4.10 to $3.20 in a research note on Friday, January 31st. Wall Street Zen lowered Ultrapar Participações from a "buy" rating to a "hold" rating in a research note on Saturday, May 17th. Two analysts have rated the stock with a hold rating, four have issued a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus target price of $3.20.

Ultrapar Participações Company Profile

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.