UGI Corporation (NYSE:UGI) Receives Average Rating of “Moderate Buy” from Brokerages

UGI Corporation (NYSE:UGIGet Free Report) has earned a consensus rating of “Moderate Buy” from the five research firms that are currently covering the stock, Marketbeat.com reports. One equities research analyst has rated the stock with a hold recommendation and four have assigned a buy recommendation to the company. The average twelve-month price target among analysts that have updated their coverage on the stock in the last year is $44.50.

A number of brokerages recently issued reports on UGI. Jefferies Financial Group reissued a “buy” rating and set a $45.00 price objective 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. Mizuho upped their target price on shares of UGI from $41.00 to $44.00 and gave the stock an “outperform” rating in a report on Monday, December 15th. Wall Street Zen downgraded shares of UGI from a “buy” rating to a “hold” rating in a report on Saturday, November 22nd. Finally, Weiss Ratings raised shares of UGI from a “hold (c+)” rating to a “buy (b-)” rating in a report on Monday, January 26th.

View Our Latest Analysis on UGI

UGI Price Performance

UGI opened at $37.13 on Tuesday. The firm has a 50-day moving average price of $38.20 and a 200-day moving average price of $35.75. UGI has a twelve month low of $29.03 and a twelve month high of $41.34. The company has a quick ratio of 0.70, a current ratio of 0.89 and a debt-to-equity ratio of 1.36. The company has a market capitalization of $7.98 billion, a price-to-earnings ratio of 13.70 and a beta of 1.08.

UGI (NYSE:UGIGet Free Report) last announced its quarterly earnings results on Wednesday, February 4th. The utilities provider reported $1.26 EPS for the quarter, missing analysts’ consensus estimates of $1.50 by ($0.24). UGI had a net margin of 8.17% and a return on equity of 14.54%. The business had revenue of $2.08 billion for the quarter, compared to analysts’ expectations of $2.49 billion. During the same quarter in the previous year, the company posted $1.37 earnings per share. The business’s quarterly revenue was up 2.6% compared to the same quarter last year. Equities analysts expect that UGI will post 3.02 EPS for the current year.

UGI Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, April 1st. Shareholders of record on Monday, March 16th will be issued a $0.375 dividend. The ex-dividend date of this dividend is Monday, March 16th. This represents a $1.50 annualized dividend and a dividend yield of 4.0%. UGI’s dividend payout ratio (DPR) is presently 55.35%.

Insider Activity at UGI

In related news, insider Joseph L. Hartz sold 15,000 shares of the company’s stock in a transaction that occurred on Tuesday, November 25th. The shares were sold at an average price of $38.68, for a total value of $580,200.00. Following the transaction, the insider directly owned 33,492 shares in the company, valued at approximately $1,295,470.56. This represents a 30.93% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 0.57% of the company’s stock.

Institutional Trading of UGI

A number of hedge funds have recently made changes to their positions in UGI. Princeton Global Asset Management LLC bought a new position in UGI in the third quarter valued at $33,000. Bare Financial Services Inc boosted its holdings in shares of UGI by 103.8% in the 3rd quarter. Bare Financial Services Inc now owns 1,345 shares of the utilities provider’s stock worth $45,000 after purchasing an additional 685 shares in the last quarter. Torren Management LLC bought a new position in shares of UGI during the 4th quarter valued at about $65,000. Cullen Frost Bankers Inc. purchased a new position in shares of UGI during the 2nd quarter valued at about $86,000. Finally, Horizon Investments LLC bought a new stake in UGI in the 4th quarter worth approximately $93,000. 82.34% of the stock is owned by institutional investors.

Key Stories Impacting UGI

Here are the key news stories impacting UGI this week:

About UGI

(Get Free Report)

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.

Further Reading

Analyst Recommendations for UGI (NYSE:UGI)

Receive News & Ratings for UGI Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for UGI and related companies with MarketBeat.com's FREE daily email newsletter.