UGI Corp (NYSE:UGI) Director Anne Pol Sells 2,421 Shares

UGI Corp (NYSE:UGI) Director Anne Pol sold 2,421 shares of the company’s stock in a transaction on Monday, June 10th. The shares were sold at an average price of $52.94, for a total value of $128,167.74. Following the completion of the sale, the director now owns 7,952 shares in the company, valued at $420,978.88. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

Anne Pol also recently made the following trade(s):

  • On Wednesday, June 12th, Anne Pol sold 6,750 shares of UGI stock. The stock was sold at an average price of $52.92, for a total value of $357,210.00.

Shares of NYSE:UGI opened at $52.72 on Friday. The stock has a market cap of $9.23 billion, a price-to-earnings ratio of 19.24, a PEG ratio of 2.68 and a beta of 0.62. The company has a quick ratio of 1.10, a current ratio of 1.23 and a debt-to-equity ratio of 0.99. UGI Corp has a 12 month low of $48.72 and a 12 month high of $59.31.

UGI (NYSE:UGI) last announced its quarterly earnings results on Monday, May 6th. The utilities provider reported $1.43 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $1.56 by ($0.13). The firm had revenue of $2.61 billion for the quarter, compared to analyst estimates of $2.59 billion. UGI had a return on equity of 10.31% and a net margin of 5.14%. Research analysts predict that UGI Corp will post 2.48 EPS for the current fiscal year.

The company also recently declared a quarterly dividend, which will be paid on Monday, July 1st. Shareholders of record on Friday, June 14th will be paid a dividend of $0.30 per share. The ex-dividend date of this dividend is Thursday, June 13th. This is a positive change from UGI’s previous quarterly dividend of $0.26. This represents a $1.20 annualized dividend and a yield of 2.28%. UGI’s dividend payout ratio is currently 37.96%.

A number of large investors have recently made changes to their positions in the business. Meridian Wealth Management LLC acquired a new stake in UGI during the first quarter worth about $33,000. Marshall Wace North America L.P. grew its stake in shares of UGI by 1,374.9% in the first quarter. Marshall Wace North America L.P. now owns 10,531 shares of the utilities provider’s stock valued at $584,000 after buying an additional 9,817 shares in the last quarter. Diversified Trust Co acquired a new stake in shares of UGI in the first quarter valued at about $202,000. Cleararc Capital Inc. acquired a new stake in shares of UGI in the first quarter valued at about $248,000. Finally, FMR LLC grew its stake in shares of UGI by 104.4% in the first 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 in the last quarter. Institutional investors own 79.68% of the company’s stock.

Several equities analysts recently weighed in on the company. ValuEngine upgraded UGI from a “hold” rating to a “buy” rating in a research report on Wednesday, May 8th. Zacks Investment Research upgraded UGI from a “sell” rating to a “hold” rating in a research report on Monday, April 8th. Jefferies Financial Group upgraded UGI from a “hold” rating to a “buy” rating and increased their target price for the stock from $54.00 to $60.00 in a research report on Friday, April 5th. They noted that the move was a valuation call. Barclays reiterated a “sell” rating and set a $51.00 target price on shares of UGI in a research report on Thursday, April 4th. Finally, Bank of America upgraded UGI from a “neutral” rating to a “buy” rating and set a $58.00 price target for the company in a research note on Wednesday, April 3rd. They noted that the move was a valuation call. One equities research analyst has rated the stock with a sell rating, one has given a hold rating and four have assigned a buy rating to the stock. UGI presently has a consensus rating of “Buy” and a consensus target price of $58.00.

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About UGI

UGI Corporation distributes, stores, transports, and markets energy products and related services in the United States and internationally. The company operates through four segments: AmeriGas Propane, UGI International, Midstream & Marketing, and UGI Utilities. It distributes propane to approximately 1.7 million residential, commercial/industrial, motor fuel, agricultural, and wholesale customers through 1,900 propane distribution locations; and sells, installs, and services propane appliances, including heating systems and propane-powered generators.

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