UGI Co. (NYSE:UGI) Director John L. Walsh sold 78,500 shares of the stock in a transaction that occurred on Tuesday, January 11th. The stock was sold at an average price of $45.09, for a total transaction of $3,539,565.00. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link.
Shares of UGI opened at $46.26 on Friday. UGI Co. has a twelve month low of $35.52 and a twelve month high of $48.55. The firm’s fifty day simple moving average is $44.82 and its 200-day simple moving average is $45.16. The firm has a market capitalization of $9.68 billion, a price-to-earnings ratio of 6.69, a PEG ratio of 1.76 and a beta of 1.02. The company has a current ratio of 1.42, a quick ratio of 1.22 and a debt-to-equity ratio of 1.19.
UGI (NYSE:UGI) last announced its quarterly earnings data on Thursday, November 18th. The utilities provider reported ($0.33) earnings per share for the quarter, missing the Zacks’ consensus estimate of ($0.26) by ($0.07). UGI had a net margin of 19.70% and a return on equity of 12.91%. The firm had revenue of $1.44 billion during the quarter, compared to analyst estimates of $1.26 billion. During the same quarter in the previous year, the business posted ($0.14) earnings per share. UGI’s revenue for the quarter was up 27.9% compared to the same quarter last year. On average, analysts predict that UGI Co. will post 3.25 earnings per share for the current fiscal year.
UGI has been the subject of several recent research reports. Wells Fargo & Company initiated coverage on shares of UGI in a research report on Wednesday, October 20th. They issued an “equal weight” rating and a $46.00 price target for the company. Zacks Investment Research raised shares of UGI from a “hold” rating to a “buy” rating and set a $45.00 price target for the company in a research report on Monday, December 6th. Two investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Buy” and a consensus price target of $46.25.
Large investors have recently made changes to their positions in the stock. Massachusetts Financial Services Co. MA raised its stake in UGI by 21.6% during the 2nd quarter. Massachusetts Financial Services Co. MA now owns 908,409 shares of the utilities provider’s stock worth $42,068,000 after acquiring an additional 161,649 shares in the last quarter. Invesco Ltd. increased its stake in UGI by 26.4% in the second quarter. Invesco Ltd. now owns 538,812 shares of the utilities provider’s stock valued at $24,951,000 after purchasing an additional 112,600 shares during the period. Capital Asset Advisory Services LLC increased its stake in UGI by 22.7% in the third quarter. Capital Asset Advisory Services LLC now owns 9,713 shares of the utilities provider’s stock valued at $417,000 after purchasing an additional 1,797 shares during the period. Morgan Stanley increased its stake in UGI by 89.5% in the second quarter. Morgan Stanley now owns 595,360 shares of the utilities provider’s stock valued at $27,572,000 after purchasing an additional 281,166 shares during the period. Finally, Los Angeles Capital Management LLC increased its stake in UGI by 159.4% in the third quarter. Los Angeles Capital Management LLC now owns 58,491 shares of the utilities provider’s stock valued at $2,493,000 after purchasing an additional 35,940 shares during the period. Hedge funds and other institutional investors own 79.58% of the company’s stock.
UGI Corp. operates as a holding company that engages in the distribution, storage, transport, and marketing of energy products and services. It operates through the following segments: AmeriGas Propane; UGI International; Midstream and Marketing; and UGI Utilities. The AmeriGas Propane segment consists of the propane distribution business of AmeriGas Partners, L.P.
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