UGI Co. (NYSE:UGI) Director John L. Walsh Sells 78,500 Shares

UGI Co. (NYSE:UGI) Director John L. Walsh sold 78,500 shares of the stock in a transaction on Tuesday, January 11th. The shares were sold at an average price of $45.09, for a total transaction of $3,539,565.00. The transaction was disclosed in a filing with the SEC, which is available at the SEC website.

UGI stock opened at $46.26 on Friday. The company has a quick ratio of 1.22, a current ratio of 1.42 and a debt-to-equity ratio of 1.19. UGI Co. has a fifty-two week low of $35.52 and a fifty-two week high of $48.55. The firm’s 50-day simple moving average is $44.82 and its 200 day simple moving average is $45.16. The stock has a market cap of $9.68 billion, a PE ratio of 6.69, a price-to-earnings-growth ratio of 1.76 and a beta of 1.02.

UGI (NYSE:UGI) last released 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 return on equity of 12.91% and a net margin of 19.70%. The firm had revenue of $1.44 billion during the quarter, compared to analyst estimates of $1.26 billion. During the same period last year, the business earned ($0.14) EPS. The firm’s revenue was up 27.9% on a year-over-year basis. Equities analysts forecast that UGI Co. will post 3.25 EPS for the current fiscal year.

The business also recently announced a quarterly dividend, which was paid on Saturday, January 1st. Shareholders 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 payout ratio is 19.97%.

A number of research firms have commented on UGI. Wells Fargo & Company began coverage on shares of UGI in a research note on Wednesday, October 20th. They set an “equal weight” rating and a $46.00 price objective on the stock. Zacks Investment Research raised shares of UGI from a “hold” rating to a “buy” rating and set a $45.00 target price on the stock in a report on Monday, December 6th. Two equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Buy” and an average target price of $46.25.

A number of institutional investors have recently added to or reduced their stakes in UGI. BlackRock Inc. increased its stake in UGI by 8.2% during the 2nd quarter. BlackRock Inc. now owns 23,444,769 shares of the utilities provider’s stock valued at $1,085,728,000 after buying an additional 1,768,944 shares during the period. First Trust Advisors LP increased its stake in UGI by 69.3% during the 2nd quarter. First Trust Advisors LP now owns 3,121,256 shares of the utilities provider’s stock valued at $144,645,000 after buying an additional 1,277,446 shares during the period. Vanguard Group Inc. increased its stake in UGI by 3.5% during the 2nd quarter. Vanguard Group Inc. now owns 21,469,232 shares of the utilities provider’s stock valued at $994,240,000 after buying an additional 731,379 shares during the period. Zacks Investment Management acquired a new position in UGI during the 2nd quarter valued at about $31,239,000. Finally, FMR LLC increased its stake in UGI by 104.4% during the 1st quarter. FMR LLC now owns 765,956 shares of the utilities provider’s stock valued at $42,450,000 after buying an additional 391,178 shares during the period. 79.58% of the stock is currently owned by hedge funds and other institutional investors.

UGI Company Profile

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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