UGI (NYSE:UGI – Get Rating) is scheduled to announce its earnings results after the market closes on Wednesday, February 1st. Analysts expect the company to announce earnings of $1.06 per share for the quarter. Investors interested in listening to the company’s conference call can do so using this link.
UGI Stock Performance
UGI opened at $39.48 on Wednesday. The business has a fifty day simple moving average of $38.64 and a 200 day simple moving average of $37.99. The company has a market capitalization of $8.28 billion, a PE ratio of 7.96, a price-to-earnings-growth ratio of 1.66 and a beta of 1.05. UGI has a 1 year low of $31.19 and a 1 year high of $46.13. The company has a debt-to-equity ratio of 1.10, a current ratio of 1.56 and a quick ratio of 1.28.
UGI Dividend Announcement
The company also recently declared a quarterly dividend, which was paid on Sunday, January 1st. Investors of record on Thursday, December 15th were paid a $0.36 dividend. The ex-dividend date was Wednesday, December 14th. This represents a $1.44 annualized dividend and a yield of 3.65%. UGI’s dividend payout ratio (DPR) is presently 29.03%.
Insider Transactions at UGI
Institutional Investors Weigh In On UGI
A number of institutional investors have recently made changes to their positions in UGI. US Bancorp DE grew its position in shares of UGI by 35.2% in the 1st quarter. US Bancorp DE now owns 16,028 shares of the utilities provider’s stock valued at $580,000 after buying an additional 4,176 shares during the last quarter. Cetera Advisor Networks LLC grew its position in shares of UGI by 13.8% in the 1st quarter. Cetera Advisor Networks LLC now owns 13,366 shares of the utilities provider’s stock valued at $484,000 after buying an additional 1,618 shares during the last quarter. Bank of Montreal Can grew its position in shares of UGI by 7.9% in the 1st quarter. Bank of Montreal Can now owns 74,002 shares of the utilities provider’s stock valued at $2,704,000 after buying an additional 5,396 shares during the last quarter. Panagora Asset Management Inc. grew its position in shares of UGI by 23.0% in the 1st quarter. Panagora Asset Management Inc. now owns 38,633 shares of the utilities provider’s stock valued at $1,399,000 after buying an additional 7,225 shares during the last quarter. Finally, Great West Life Assurance Co. Can boosted its position in shares of UGI by 7.3% during the 1st quarter. Great West Life Assurance Co. Can now owns 173,055 shares of the utilities provider’s stock valued at $6,489,000 after purchasing an additional 11,826 shares in the last quarter. Institutional investors own 80.93% of the company’s stock.
Analysts Set New Price Targets
Several analysts recently issued reports on UGI shares. Bank of America downgraded UGI from a “neutral” rating to an “underperform” rating and reduced their price target for the company from $43.00 to $41.00 in a research note on Wednesday, November 23rd. StockNews.com began coverage on UGI in a report on Wednesday, October 12th. They issued a “hold” rating for the company. TheStreet raised UGI from a “c+” rating to a “b-” rating in a report on Thursday, December 22nd. Barclays cut UGI from an “equal weight” rating to an “underweight” rating and lifted their price objective for the company from $36.00 to $39.00 in a report on Wednesday, January 18th. They noted that the move was a valuation call. Finally, Wells Fargo & Company lifted their price objective on UGI from $41.00 to $42.00 and gave the company an “equal weight” rating in a report on Tuesday, January 10th. Two equities research analysts have rated the stock with a sell rating and two have given a hold rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Hold” and a consensus price target of $40.67.
UGI Corporation, through its subsidiaries, 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 1.3 million residential, commercial/industrial, motor fuel, agricultural, and wholesale customers through 1,400 propane distribution locations.
- Get a free copy of the StockNews.com research report on UGI (UGI)
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