Ugi Corporation (NYSE:UGI) Has Increase in Shorts

March 14, 2018 - By Winifred Garcia

 Ugi Corporation (NYSE:UGI) Has Increase in Shorts

Investors sentiment increased to 1.04 in Q3 2017. Its up 0.06, from 0.98 in 2017Q2. It improved, as 33 investors sold UGI Corporation shares while 115 reduced holdings. 38 funds opened positions while 116 raised stakes. 131.63 million shares or 1.06% less from 133.03 million shares in 2017Q2 were reported.
National Bank & Trust Of Mellon holds 2.17M shares. Illinois-based Balyasny Asset Mgmt Lc has invested 0.01% in UGI Corporation (NYSE:UGI). Hillsdale Inv Mgmt accumulated 50 shares or 0% of the stock. Legacy Private Trust, Wisconsin-based fund reported 75,345 shares. Korea Invest Corp invested 0.01% of its portfolio in UGI Corporation (NYSE:UGI). Quantbot Techs Ltd Partnership, a New York-based fund reported 13,794 shares. Mcf accumulated 2,250 shares. Dnb Asset Management As reported 0.01% stake. Citigroup accumulated 36,907 shares. Nordea Investment Mgmt Ab reported 0% of its portfolio in UGI Corporation (NYSE:UGI). Pennsylvania-based Pnc Finance Serv Group Inc has invested 0% in UGI Corporation (NYSE:UGI). Liberty Mutual Gp Asset Incorporated has 0.12% invested in UGI Corporation (NYSE:UGI). Wesbanco Fincl Bank invested 0.03% of its portfolio in UGI Corporation (NYSE:UGI). Engy Income Prtn Limited Liability Corporation stated it has 1.43M shares or 1.23% of all its holdings. First Interstate Bancshares invested in 2,250 shares or 0.02% of the stock.

Since February 7, 2018, it had 1 insider purchase, and 0 insider sales for $99,815 activity.

The stock of Ugi Corporation (NYSE:UGI) registered an increase of 60.76% in short interest. UGI’s total short interest was 2.61M shares in March as published by FINRA. Its up 60.76% from 1.62M shares, reported previously. With 900,500 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 1.51%.

The stock decreased 0.05% or $0.02 during the last trading session, reaching $43.92. About 260,876 shares traded. UGI Corporation (NYSE:UGI) has risen 12.89% since March 14, 2017 and is uptrending. It has underperformed by 3.81% 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 $7.60 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 13.6 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 5 analysts covering UGI Corp (NYSE:UGI), 0 have Buy rating, 1 Sell and 4 Hold. Therefore 0 are positive. UGI Corp had 13 analyst reports since August 5, 2015 according to SRatingsIntel. The stock has “Underweight” rating by Barclays Capital on Monday, June 20. The firm has “Buy” rating by Zacks given on Saturday, August 8. As per Friday, April 29, the company rating was downgraded by Janney Capital. The firm earned “Underweight” rating on Friday, November 10 by Barclays Capital. The firm earned “Hold” rating on Wednesday, August 5 by Zacks. Citigroup maintained UGI Corporation (NYSE:UGI) on Wednesday, May 4 with “Neutral” rating. Jefferies maintained the stock with “Hold” rating in Wednesday, December 20 report. Jefferies maintained UGI Corporation (NYSE:UGI) on Monday, October 16 with “Hold” rating. The rating was maintained by Jefferies on Thursday, August 31 with “Hold”. The rating was reinitiated by Janney Capital on Thursday, May 26 with “Neutral”.

More notable recent UGI Corporation (NYSE:UGI) news were published by: which released: “Form 8-K UGI CORP /PA/ For: Mar 05” on March 06, 2018, also with their article: “Ex-Dividend Reminder: Chesapeake Utilities, Xcel Energy and UGI” published on March 12, 2018, published: “BRIEF-UGI Corp Elects Alan Harris To Its Board Of Directors” on March 06, 2018. More interesting news about UGI Corporation (NYSE:UGI) were released by: and their article: “UGI Corp (UGI) Elects Alan Harris to its Board of Directors” published on March 06, 2018 as well as‘s news article titled: “UGI Corporation (UGI) Ex-Dividend Date Scheduled for March 14, 2018” with publication date: March 13, 2018.

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