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 the company’s stock in a transaction dated Wednesday, February 11th. The stock was sold at an average price of $38.07, for a total transaction of $488,818.80. Following the transaction, the chief accounting officer owned 6,952 shares in the company, valued at $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 SEC, which can be accessed through the SEC website.

UGI Price Performance

Shares of UGI stock traded up $0.52 during midday trading on Friday, reaching $38.78. 1,486,315 shares of the company traded hands, compared to its average volume of 2,477,250. The firm’s 50 day simple moving average is $38.18 and its two-hundred day simple moving average is $35.80. 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 debt-to-equity ratio of 1.19, a current ratio of 0.78 and a quick ratio of 0.64. UGI Corporation has a 1-year low of $29.03 and a 1-year high of $41.34.

UGI (NYSE:UGI) last released its quarterly earnings results on Wednesday, February 4th. The utilities provider reported $1.26 earnings per share for the quarter, missing analysts’ consensus estimates of $1.50 by ($0.24). The firm had revenue of $2.08 billion during the quarter, compared to analyst estimates of $2.49 billion. UGI had a return on equity of 14.46% and a net margin of 8.17%.The business’s revenue was up 2.6% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.37 EPS. On average, equities research analysts expect that UGI Corporation will post 3.02 EPS for the current fiscal year.

UGI Announces Dividend

The company also recently declared 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. This represents a $1.50 annualized dividend and a dividend yield of 3.9%. The ex-dividend date of this dividend is Monday, March 16th. UGI’s payout ratio is 55.35%.

Analyst Ratings Changes

UGI has been the subject of several recent research reports. Weiss Ratings upgraded shares of UGI from a “hold (c+)” rating to a “buy (b-)” rating in a report on Monday, January 26th. Wall Street Zen downgraded UGI from a “buy” rating to a “hold” rating in a research report on Saturday, November 22nd. Mizuho upped their target price on UGI from $41.00 to $44.00 and gave the company an “outperform” rating in a research note on Monday, December 15th. UBS Group reissued an “outperform” rating on shares of UGI in a report on Monday, December 15th. Finally, Jefferies Financial Group reissued a “buy” rating and issued a $45.00 target price on shares of UGI in a research note on Wednesday, November 19th. Four research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat, UGI has a consensus rating of “Moderate Buy” and an average target price of $44.50.

Hedge Funds Weigh In On UGI

Several institutional investors and hedge funds have recently bought and sold shares of the stock. Whittier Trust Co. of Nevada Inc. grew its position in UGI by 7.7% during the fourth quarter. Whittier Trust Co. of Nevada Inc. now owns 3,559 shares of the utilities provider’s stock valued at $133,000 after acquiring an additional 254 shares during the period. Amalgamated Bank grew its holdings in shares of UGI by 0.3% during the 2nd quarter. Amalgamated Bank now owns 98,812 shares of the utilities provider’s stock worth $3,599,000 after purchasing an additional 277 shares during the period. EverSource Wealth Advisors LLC increased its position in UGI by 4.2% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 9,544 shares of the utilities provider’s stock worth $348,000 after purchasing an additional 385 shares in the last quarter. GAMMA Investing LLC raised its holdings in UGI by 7.8% in the third quarter. GAMMA Investing LLC now owns 9,178 shares of the utilities provider’s stock valued at $305,000 after buying an additional 661 shares during the period. Finally, Bare Financial Services Inc raised its holdings in UGI by 103.8% in the third 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 during the period. Institutional investors and hedge funds own 82.34% of the company’s stock.

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.