Walleye Capital LLC lifted its holdings in shares of Ultrapar Participacoes S.A. (NYSE:UGP – Free Report) by 118.2% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 182,723 shares of the oil and gas company’s stock after buying an additional 98,978 shares during the period. Walleye Capital LLC’s holdings in Ultrapar Participacoes were worth $1,007,000 at the end of the most recent reporting period.
Several other large investors also recently bought and sold shares of UGP. Kapitalo Investimentos Ltda boosted its holdings in Ultrapar Participacoes by 350.7% in the fourth quarter. Kapitalo Investimentos Ltda now owns 874,882 shares of the oil and gas company’s stock worth $3,298,000 after purchasing an additional 680,782 shares during the last quarter. Banco BTG Pactual S.A. bought a new position in shares of Ultrapar Participacoes during the 4th quarter valued at $2,631,000. Capital Innovations LLC bought a new position in shares of Ultrapar Participacoes during the 4th quarter valued at $1,528,000. Prospera Financial Services Inc purchased a new position in shares of Ultrapar Participacoes in the 4th quarter worth $708,000. Finally, Banque Cantonale Vaudoise purchased a new position in shares of Ultrapar Participacoes in the 4th quarter worth $1,131,000. 3.58% of the stock is currently owned by institutional investors.
Ultrapar Participacoes Price Performance
Shares of Ultrapar Participacoes stock opened at $6.43 on Friday. Ultrapar Participacoes S.A. has a one year low of $2.92 and a one year high of $6.56. The stock’s fifty day moving average is $5.39 and its 200 day moving average is $5.26. The stock has a market cap of $7.17 billion, a P/E ratio of 12.85, a P/E/G ratio of 0.53 and a beta of 0.71. The company has a debt-to-equity ratio of 0.89, a quick ratio of 1.30 and a current ratio of 1.67.
Wall Street Analyst Weigh In
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Ultrapar Participacoes Profile
Ultrapar Participações SA is a Brazilian diversified holding company operating in the downstream energy and chemical sectors. Its Ipiranga unit runs one of Brazil’s largest networks of fuel stations, supplying gasoline, ethanol, diesel and convenience-store products to retail and wholesale customers. Through Ultragaz, the company is a leading distributor of liquefied petroleum gas (LPG), offering cylinder and bulk gas solutions for residential, commercial and industrial use across urban and rural regions.
In the specialty chemicals arena, Ultrapar controls Oxiteno, which produces surfactants and specialty chemical formulations for industries such as personal care, oil and gas, agrochemicals and coatings.
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