Could Ugi Corporation (NYSE:UGI) See a Reversal After Less Sellers Came In?

June 13, 2018 - By sdfsdfsdf

UGI Corporation (NYSE:UGI) Logo

Investors sentiment increased to 1.1 in Q1 2018. Its up 0.08, from 1.02 in 2017Q4. It is positive, as 30 investors sold UGI Corporation shares while 118 reduced holdings. 45 funds opened positions while 118 raised stakes. 131.72 million shares or 0.48% more from 131.09 million shares in 2017Q4 were reported.
Manufacturers Life Insurance The owns 278,499 shares for 0.01% of their portfolio. Comerica Bank owns 261,031 shares. Gsa Ptnrs Limited Liability Partnership stated it has 0.07% of its portfolio in UGI Corporation (NYSE:UGI). 68,344 are owned by Bb&T Corp. First Citizens Comml Bank & Company holds 0.05% or 7,594 shares in its portfolio. Smithfield owns 0% invested in UGI Corporation (NYSE:UGI) for 85 shares. Hsbc Holding Public Limited Com holds 66,865 shares. Hillsdale Inv invested in 0% or 80 shares. Vident Advisory Lc holds 17,120 shares or 0.03% of its portfolio. Geode Cap Management Limited Co has invested 0.03% of its portfolio in UGI Corporation (NYSE:UGI). Commonwealth Of Pennsylvania School Empls Retrmt System holds 0.03% of its portfolio in UGI Corporation (NYSE:UGI) for 46,649 shares. Oppenheimer Asset Incorporated holds 0.05% or 47,072 shares in its portfolio. 872,357 were accumulated by Jpmorgan Chase &. Diamond Hill Cap Management holds 0.54% or 2.39M shares. Coastline Trust holds 27,661 shares or 0.19% of its portfolio.

Since February 7, 2018, it had 3 insider purchases, and 5 insider sales for $8.50 million activity. Walsh John L sold $1.10M worth of UGI Corporation (NYSE:UGI) on Friday, March 16. Perreault Roger bought 2,270 shares worth $99,815. Sheridan Jerry E sold $2.91 million worth of stock. The insider Beard Robert F. sold $2.31M. 3,000 shares were sold by POL ANNE, worth $151,895 on Thursday, May 31.

The stock of Ugi Corporation (NYSE:UGI) registered a decrease of 7.13% in short interest. UGI’s total short interest was 2.43 million shares in June as published by FINRA. Its down 7.13% from 2.62M shares, reported previously. With 781,500 shares average volume, it will take short sellers 3 days to cover their UGI’s short positions. The short interest to Ugi Corporation’s float is 1.41%.

The stock decreased 0.32% or $0.16 during the last trading session, reaching $49.12. About 176,258 shares traded. UGI Corporation (NYSE:UGI) has declined 2.08% since June 13, 2017 and is downtrending. It has underperformed by 14.65% the S&P500.

UGI Corporation distributes, stores, transports, and markets energy products and related services in the United States and internationally. The company has market cap of $8.50 billion. It distributes propane to approximately 1.9 million residential, commercial/industrial, motor fuel, agricultural, and wholesale clients in 50 states through 1,900 propane distribution locations; and sells, installs, and services propane appliances, including heating systems. It has a 15.21 P/E ratio. The firm also distributes liquid petroleum gas to residential, commercial, industrial, agricultural, resale, and automobile fuel clients for heating, cooking, motor fuel, leisure, construction work, manufacturing, crop drying, power generation, aerosol propellant, and irrigation activities; and provides logistic, storage, and other services to third-party LPG distributors.

UGI Corporation (NYSE:UGI) Ratings Coverage

Among 4 analysts covering UGI Corp (NYSE:UGI), 1 have Buy rating, 0 Sell and 3 Hold. Therefore 25% are positive. UGI Corp has $49.0 highest and $48 lowest target. $50’s average target is 1.79% above currents $49.12 stock price. UGI Corp had 4 analyst reports since December 20, 2017 according to SRatingsIntel. The stock has “Neutral” rating by Citigroup on Tuesday, March 27. As per Friday, April 20, the company rating was upgraded by UBS. Jefferies maintained UGI Corporation (NYSE:UGI) rating on Wednesday, December 20. Jefferies has “Hold” rating and $49.0 target. Bank of America downgraded the stock to “Neutral” rating in Tuesday, June 5 report.

Another recent and important UGI Corporation (NYSE:UGI) news was published by Investorplace.com which published an article titled: “5 Value Stocks With Enticing EV/EBITDA Ratios to Own Now” on June 12, 2018.

UGI Corporation (NYSE:UGI) Institutional Positions Chart

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