Jean Felix Tematio Sells 12,840 Shares of UGI (NYSE:UGI) Stock

UGI Corporation (NYSE:UGI) CAO Jean Felix Tematio sold 12,840 shares of UGI stock in a transaction on Wednesday, February 11th. The stock was sold at an average price of $38.07, for a total transaction of $488,818.80. Following the completion of the transaction, the chief accounting officer directly owned 6,952 shares in the company, valued at approximately $264,662.64. The trade was a 64.87% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.

UGI Price Performance

Shares of UGI stock opened at $38.78 on Friday. The company’s fifty day simple moving average is $38.21 and its two-hundred day simple moving average is $35.83. UGI Corporation has a 12-month low of $29.03 and a 12-month high of $41.34. The firm has a market cap of $8.32 billion, a PE ratio of 14.31 and a beta of 1.08. The company has a quick ratio of 0.64, a current ratio of 0.78 and a debt-to-equity ratio of 1.19.

UGI (NYSE:UGI) last issued its quarterly earnings data on Wednesday, February 4th. The utilities provider reported $1.26 EPS for the quarter, missing the consensus estimate of $1.50 by ($0.24). The firm had revenue of $2.08 billion for the quarter, compared to the consensus estimate of $2.49 billion. UGI had a net margin of 8.17% and a return on equity of 14.46%. The business’s revenue was up 2.6% on a year-over-year basis. During the same period last year, the company posted $1.37 earnings per share. As a group, equities analysts expect that UGI Corporation will post 3.02 EPS for the current year.

UGI Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, April 1st. Stockholders of record on Monday, March 16th will be paid a dividend of $0.375 per share. The ex-dividend date of this dividend is Monday, March 16th. This represents a $1.50 annualized dividend and a dividend yield of 3.9%. UGI’s payout ratio is 55.35%.

Institutional Investors Weigh In On UGI

Several hedge funds have recently bought and sold shares of UGI. Princeton Global Asset Management LLC bought a new position in shares of UGI during the third quarter valued at approximately $33,000. Bare Financial Services Inc increased its position in UGI by 103.8% during the 3rd quarter. Bare Financial Services Inc now owns 1,345 shares of the utilities provider’s stock valued at $45,000 after buying an additional 685 shares in the last quarter. Torren Management LLC bought a new position in UGI during the 4th quarter valued at approximately $65,000. Colonial Trust Co SC purchased a new position in UGI during the fourth quarter valued at $75,000. Finally, Cullen Frost Bankers Inc. bought a new stake in UGI in the second quarter worth $86,000. Institutional investors own 82.34% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts recently weighed in on UGI shares. Jefferies Financial Group reiterated a “buy” rating and issued a $45.00 price target on shares of UGI in a report on Wednesday, November 19th. UBS Group reaffirmed an “outperform” rating on shares of UGI in a research note on Monday, December 15th. Wall Street Zen downgraded shares of UGI from a “buy” rating to a “hold” rating in a research note on Saturday, November 22nd. Mizuho lifted their price objective on UGI from $41.00 to $44.00 and gave the company an “outperform” rating in a research report on Monday, December 15th. Finally, Weiss Ratings upgraded UGI from a “hold (c+)” rating to a “buy (b-)” rating in a report on Monday, January 26th. Four investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat, UGI presently has an average rating of “Moderate Buy” and an average target price of $44.50.

UGI Company Profile

UGI Corporation (NYSE: UGI) is a publicly traded energy distribution company headquartered in King of Prussia, Pennsylvania. Founded in 1882 as the United Gas Improvement Company, UGI has grown into a diversified provider of energy products and services. The company’s operations are organized into three primary segments—AmeriGas Propane, UGI Utilities and UGI International—each focused on the delivery of propane, natural gas and related services to residential, commercial and industrial customers.

AmeriGas Propane, UGI’s largest segment, is the leading retail propane distributor in the United States with a network of dealers serving customers in all 50 states.