Ultrapar Participacoes SA (UGP) Position Raised by Goldman Sachs Group Inc

Ultrapar Participacoes S.A. (NYSE:UGP) was downgraded by equities researchers at Bank of America Corporation from a "neutral" rating to an "underperform" rating in a report issued on Thursday, Marketbeat reports. Zacks Investment Research lowered Ultrapar Participacoes from a hold rating to a sell rating in a report on Thursday, July 13th.

(UGP) traded up 2.10% during midday trading on Friday, reaching $22.32. About 222,959 shares traded. The firm has a 50-day moving average of $23.48 and a 200-day moving average of $22.56. The company has market cap of $12.37 billion. Ultrapar Participacoes has a 12 month low of $18.38 and a 12 month high of $24.79.

Several large investors have recently modified their holdings of UGP. Russell Investments Group Ltd. bought a new stake in shares of Ultrapar Participacoes during the fourth quarter worth $502,000. PNC Financial Services Group Inc. now owns 6,695 shares of the oil and gas company's stock worth $151,000 after buying an additional 782 shares in the last quarter. Harel Insurance Investments & Financial Services Ltd. increased its position in shares of Ultrapar Participacoes by 5.3% in the first quarter. It also reduced its holding in Wpp Plc New (NASDAQ:WPPGY) by 16,197 shares in the quarter, leaving it with 33,437 shares, and cut its stake in Select Income Reit (NYSE:SIR). Ameriprise Financial Inc. now owns 13,024 shares of the oil and gas company's stock valued at $296,000 after buying an additional 3,280 shares during the period. State Street Corp raised its stake in shares of Ultrapar Participacoes by 3.2% in the fourth quarter. North Star Invest accumulated 84,875 shares or 1.32% of the stock.

The firm also recently disclosed a semiannual dividend, which will be paid on Tuesday, September 5th. If you are accessing this piece on another domain, it was stolen and reposted in violation of United States and worldwide copyright and trademark law. Investors of record on Monday, August 21st will be given a dividend of $0.2694 per share. Comerica Bank boosted its position in shares of Ultrapar Participacoes by 1.3% in the first quarter. Manning & Napier Advisors LLC now owns 48,654 shares of the oil and gas company's stock worth $1,105,000 after buying an additional 8,432 shares in the last quarter. This represents a yield of 2.41%. Bank of New York Mellon Corp now owns 104,419 shares of the oil and gas company's stock valued at $2,374,000 after buying an additional 1,499 shares during the period. Ultrapar Participacoes now has a consensus rating of "Hold" and a consensus price target of $24.00. The ex-dividend date is Thursday, August 17th. Ultrapar Participacoes's dividend payout ratio is 65.00%. The original version of this piece can be viewed at https://www.themarketsdaily.com/2017/08/12/ultrapar-participacoes-s-a-ugp-shares-bought-by-goldman-sachs-group-inc-updated-updated-updated.html.

Notícias recomendadas

  • Late equaliser denied Liverpool win at Watford

    Late equaliser denied Liverpool win at Watford

    The manager said , " Liverpool is not a club that has to sell players". If you ask early enough, you can either switch the plan of whatever.
    Dortmund extend Dembele suspension 'until further notice'

    Dortmund extend Dembele suspension 'until further notice'

    Yesterday, we reported on how Barcelona's interest in Ousmane Dembele had created problems for the young striker. Dembele scored 10 goals and supplied 20 assists in 49 games in his debut season with Dortmund.

    Luxoft Holding, Inc. (NYSE:LXFT) Stock Rating Reaffirmed by Cowen and Company

    Press coverage about Luxoft Holding (NYSE: LXFT ) has trended somewhat positive on Friday, Accern Sentiment Analysis reports. The stock of Luxoft Holding Inc (NYSE:LXFT) has "Buy" rating given on Wednesday, September 9 by Monness Crespi & Hardt.
  • BCE plaide pour l'amendement progressif des lois sur l'héritage et l'égalité — Tunisie

    Béji Caïd Essebsi a en conclusion appelé à renforcer l'unité nationale afin de parachever le processus démocratique et de relever les défis économiques et sociaux qu'affronte le pays.
    Des milliers d'œufs contaminés mis en vente chez Leader Price en France

    Des milliers d'œufs contaminés mis en vente chez Leader Price en France

    Un deuxième lot, venant des Pays-Bas et vendu par Leader Price, portant le code 0 NL 43651-01 (environ 48 000 œufs) mis en vente entre le 19 et le 28 juillet a également été identifié.
    Floods, landslides claim 30 lives in Nepal

    Floods, landslides claim 30 lives in Nepal

    Of the 600 tourists stranded in the Chitwan Valley, almost 200 were from India and about the same number from other countries. Army and police personnel continued search and rescue operations, with more than 34,000 houses submerged, the official added.
  • Arsenal vs Leicester City as Premier League starts with a bang

    Arsenal vs Leicester City as Premier League starts with a bang

    Arsenal looked far more dynamic going forward with Lacazette's fluidity making it incredibly hard for Leicester to pick him up. His next touch was heading the ball into the back of the net in the second minute and the Premier League was off and running.
    A cruise ship banned late-night revelry because of pirates

    A cruise ship banned late-night revelry because of pirates

    CNN contacted Princess Cruises, the company that runs the Sea Princess , to talk about the incident. Pirates typically use small boats equipped with ladders that can be hooked to larger ships.
    Sky Sport's Kirsty Gallacher charged with drink-driving in Eton

    Sky Sport's Kirsty Gallacher charged with drink-driving in Eton

    A source told The Sun on Sunday Kirsty had enjoyed a night out and went to pick up her children from her ex-husband's home. But you do learn, you develop and you do get stronger. "I would like more children", she has said.
  • Va. Woman Killed in Charlottesville Car Attack

    Va. Woman Killed in Charlottesville Car Attack

    His words came after it was confirmed that three people had died as a result of the violence and dozens had been injured. I have a message to all the white supremacists and the Nazis who came into Charlottesville today .

    American International Group Inc. Reduces Position in Ultratech, Inc. (NASDAQ:UTEK)

    Zacks Investment Research downgraded Photronics from a hold rating to a sell rating in a research note on Friday, May 19th. Finally, ValuEngine upgraded Photronics from a "sell" rating to a "hold" rating in a research note on Friday, June 2nd.
    Satellite images suggest North Korea preparing submarine missile test

    Satellite images suggest North Korea preparing submarine missile test

    North Korea carried out its first successful test-launch of an ICBM on July 4, followed by another successful launch of an ICBM on July 28.

We are pleased to provide this opportunity to share information, experiences and observations about what's in the news.
Some of the comments may be reprinted elsewhere in the site or in the newspaper.
Thank you for taking the time to offer your thoughts.