Are Analysts Bearish UGI Corporation (NYSE:UGI) After Last Week?

June 16, 2018 - By Stephen Andrade

UGI Corporation (NYSE:UGI) LogoInvestors sentiment increased to 1.1 in 2018 Q1. 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.
Cordasco Fin Networks reported 328 shares or 0.02% of all its holdings. Texas Yale Capital reported 30,950 shares. Tru Of Virginia Va reported 4,900 shares. Ontario – Canada-based Hillsdale Invest Mgmt has invested 0% in UGI Corporation (NYSE:UGI). At Bankshares has invested 0.04% in UGI Corporation (NYSE:UGI). Dnb Asset Mngmt As reported 0% in UGI Corporation (NYSE:UGI). Voya Mngmt Limited Liability accumulated 211,067 shares or 0.02% of the stock. Ing Groep Nv owns 26,317 shares for 0.02% of their portfolio. Plante Moran Fincl Advisors Ltd accumulated 118 shares or 0% of the stock. Snyder L P holds 3.3% in UGI Corporation (NYSE:UGI) or 1.50 million shares. Bragg Financial Advsr invested 0.57% of its portfolio in UGI Corporation (NYSE:UGI). Moreover, Jpmorgan Chase And Com has 0.01% invested in UGI Corporation (NYSE:UGI) for 872,357 shares. Mitsubishi Ufj Tru And holds 353,760 shares. 70 are held by Benjamin F Edwards &. Cubist Systematic Strategies Ltd Co has 0.02% invested in UGI Corporation (NYSE:UGI).

Since February 7, 2018, it had 3 insider purchases, and 6 selling transactions for $9.72 million activity. Perreault Roger had bought 2,270 shares worth $99,815 on Wednesday, February 7. $2.14M worth of UGI Corporation (NYSE:UGI) was sold by Sheridan Jerry E on Thursday, May 10. 3,000 shares were sold by POL ANNE, worth $151,895 on Thursday, May 31. Beard Robert F. sold $2.31 million worth of UGI Corporation (NYSE:UGI) on Wednesday, May 30. Another trade for 2 shares valued at $96 was made by Kelly Ann P on Wednesday, May 2.

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 had 4 analyst reports since December 20, 2017 according to SRatingsIntel. The rating was downgraded by Bank of America on Tuesday, June 5 to “Neutral”. The firm earned “Neutral” rating on Tuesday, March 27 by Citigroup. The rating was maintained by Jefferies with “Hold” on Wednesday, December 20. The stock of UGI Corporation (NYSE:UGI) has “Buy” rating given on Friday, April 20 by UBS. Below is a list of UGI Corporation (NYSE:UGI) latest ratings and price target changes.

05/06/2018 Broker: Bank of America Old Rating: Buy New Rating: Neutral Old Target: $53 Downgrade
20/04/2018 Broker: UBS Old Rating: Neutral New Rating: Buy Upgrade
27/03/2018 Broker: Citigroup Old Rating: Neutral New Rating: Neutral Old Target: $49 New Target: $48 Maintain
20/12/2017 Broker: Jefferies Rating: Hold New Target: $49.0 Maintain

The stock increased 1.06% or $0.52 during the last trading session, reaching $49.77. About 1.55M shares traded or 86.52% up from the average. UGI Corporation (NYSE:UGI) has declined 2.08% since June 16, 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 $8.62 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 15.41 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 and grain drying, power generation, and irrigation activities; and provides logistic, storage, and other services to third-party LPG distributors.

Another recent and important UGI Corporation (NYSE:UGI) news was published by Globenewswire.com which published an article titled: “Factors of Influence in 2018, Key Indicators and Opportunity within Companhia Brasileira de Distribuicao, SiteOne …” on June 15, 2018.

UGI Corporation (NYSE:UGI) Institutional Positions Chart

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