UGI Co. (NYSE:UGI) Director Sells $3,539,565.00 in Stock

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.

The business also recently declared a quarterly dividend, which was paid on Saturday, January 1st. Investors of record on Wednesday, December 15th were paid a dividend of $0.345 per share. The ex-dividend date of this dividend was Tuesday, December 14th. This represents a $1.38 annualized dividend and a yield of 2.98%. UGI’s dividend payout ratio is currently 19.97%.

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.

About UGI

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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Insider Buying and Selling by Quarter for UGI (NYSE:UGI)

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