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Recent Institutional Investor Activity in Ferrellgas Partners

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Institutional activity in Ferrellgas

Ferrell Companies, Inc. holds 23.4% of Ferrellgas Partners’ (FGP) outstanding shares. James E. Ferrell owns 4.9% of FGP’s outstanding shares. The top ten institutional investors in FGP own 32.2% of its outstanding shares. Excluding Ferrell Companies and James E. Ferrell, the remaining eight of the top ten investors collectively own 3.8% of FGP’s outstanding shares. The top ten investors collectively added net 0.3 million shares to their positions in 4Q17.

RMB Capital Management holds 1.1% of Ferrellgas Partners’ outstanding shares. As the above table shows, an addition of 0.4 million FGP shares by UBS Financial Services was the biggest position change among the top ten investors.

The selling of 0.3 million shares by Prescott Group Capital Management was the biggest sell transaction in 4Q17.

Institutions and strategic entities hold 34.3% of Ferrellgas Partners’ outstanding shares. FGP has ~97 million outstanding shares.

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Institutional activity in AmeriGas Partners

In comparison, the top ten institutional investors in AmeriGas Partners (APU) added net 0.6 million APU shares to their positions. UGI holds 25.6% of AmeriGas Partners’ outstanding shares. OppenheimerFunds, Energy Income Partners, and City National Rochdale own 4.1%, 3.4%, and 1.6%, respectively, of AmeriGas Partners’ outstanding shares. APU has ~93 million outstanding shares, of which 74% is free floating.

OppenheimerFunds added net 3.8 million APU shares to its position in 4Q17. OFI SteelPath, on the other hand, sold net 3.5 million APU shares in 4Q17.

Next, let’s take a look at what Wall Street analysts recommend for Ferrellgas Partners and its peers.

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