Ultrapar Participações S.A. (NYSE:UGP) Receives $4.37 Average PT from Analysts

Shares of Ultrapar Participações S.A. (NYSE:UGP - Get Free Report) have been assigned an average recommendation of "Reduce" from the five research firms that are covering the stock, Marketbeat reports. One analyst has rated the stock with a sell rating and four have assigned a hold rating to the company. The average 12-month price objective among brokerages that have issued a report on the stock in the last year is $4.37.

A number of research analysts have commented on UGP shares. Itau BBA Securities downgraded Ultrapar Participações from an "outperform" rating to a "market perform" rating in a research note on Tuesday, April 2nd. StockNews.com downgraded Ultrapar Participações from a "strong-buy" rating to a "buy" rating in a research report on Friday, May 10th. Finally, The Goldman Sachs Group increased their price objective on shares of Ultrapar Participações from $5.30 to $6.00 and gave the company a "neutral" rating in a research note on Wednesday, March 20th.

Ultrapar Participações Stock Performance

Shares of NYSE:UGP traded down $0.06 during trading on Friday, reaching $4.85. 1,195,435 shares of the company's stock traded hands, compared to its average volume of 1,242,762. The company has a debt-to-equity ratio of 0.72, a current ratio of 1.68 and a quick ratio of 1.28. The company has a 50 day moving average of $5.36 and a 200-day moving average of $5.42. Ultrapar Participações has a 12 month low of $3.24 and a 12 month high of $6.34. The stock has a market capitalization of $5.41 billion, a P/E ratio of 10.10, a price-to-earnings-growth ratio of 2.81 and a beta of 1.63.

Ultrapar Participações (NYSE:UGP - Get Free Report) last posted its quarterly earnings data on Wednesday, February 28th. The oil and gas company reported $0.20 earnings per share for the quarter. Ultrapar Participações had a net margin of 2.07% and a return on equity of 19.30%. The business had revenue of $6.75 billion during the quarter. On average, equities analysts expect that Ultrapar Participações will post 0.34 EPS for the current year.

Ultrapar Participações Increases Dividend

The firm also recently disclosed a semi-annual dividend, which was paid on Monday, March 25th. Stockholders of record on Monday, March 11th were paid a dividend of $0.0723 per share. This represents a dividend yield of 2%. This is an increase from Ultrapar Participações's previous semi-annual dividend of $0.05. The ex-dividend date was Friday, March 8th. Ultrapar Participações's dividend payout ratio is currently 29.17%.

Institutional Trading of Ultrapar Participações

Several hedge funds and other institutional investors have recently bought and sold shares of the business. Blue Trust Inc. lifted its holdings in Ultrapar Participações by 254.7% during the 4th quarter. Blue Trust Inc. now owns 5,796 shares of the oil and gas company's stock worth $31,000 after buying an additional 4,162 shares during the period. BNP Paribas Financial Markets raised its stake in shares of Ultrapar Participações by 36.1% in the first 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 last quarter. Aprio Wealth Management LLC lifted its position in shares of Ultrapar Participações by 22.9% during the first quarter. Aprio Wealth Management LLC now owns 28,337 shares of the oil and gas company's stock valued at $162,000 after purchasing an additional 5,281 shares in the last quarter. Mount Yale Investment Advisors LLC lifted its position in shares of Ultrapar Participações by 7.1% during the 1st quarter. Mount Yale Investment Advisors LLC now owns 115,775 shares of the oil and gas company's stock worth $662,000 after buying an additional 7,638 shares in the last quarter. Finally, Assetmark Inc. bought a new position in Ultrapar Participações during the fourth quarter valued at about $46,000. Institutional investors and hedge funds own 3.58% of the company's stock.

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.