Shares of UGI Corp (NYSE:UGI) have been assigned a consensus rating of “Hold” from the seven research firms that are currently covering the stock, Marketbeat reports. Two equities research analysts have rated the stock with a sell rating, three have assigned a hold rating and two have given a buy rating to the company. The average 1 year price target among analysts that have issued ratings on the stock in the last year is $54.40.
A number of equities analysts recently commented on UGI shares. Zacks Investment Research reiterated a “sell” rating on shares of UGI in a report on Saturday, November 17th. ValuEngine upgraded UGI from a “hold” rating to a “buy” rating in a report on Friday, December 7th. Finally, UBS Group cut UGI from a “buy” rating to a “neutral” rating and set a $63.00 price target for the company. in a report on Thursday, December 13th. They noted that the move was a valuation call.
Shares of NYSE UGI traded up $0.20 during mid-day trading on Tuesday, hitting $55.00. The company had a trading volume of 1,287,869 shares, compared to its average volume of 951,882. The stock has a market capitalization of $9.56 billion, a price-to-earnings ratio of 20.07, a PEG ratio of 2.50 and a beta of 0.62. The company has a debt-to-equity ratio of 1.03, a current ratio of 1.03 and a quick ratio of 0.89. UGI has a one year low of $42.78 and a one year high of $59.31.
UGI (NYSE:UGI) last announced its quarterly earnings data on Tuesday, February 5th. The utilities provider reported $0.81 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $1.12 by ($0.31). UGI had a net margin of 7.10% and a return on equity of 11.30%. The company had revenue of $2.20 billion during the quarter, compared to the consensus estimate of $2.21 billion. During the same quarter in the previous year, the business earned $1.01 EPS. UGI’s revenue was up 3.5% on a year-over-year basis. On average, sell-side analysts expect that UGI will post 2.74 EPS for the current year.
The firm also recently declared a quarterly dividend, which will be paid on Monday, April 1st. Investors of record on Friday, March 15th will be issued a dividend of $0.26 per share. This represents a $1.04 dividend on an annualized basis and a yield of 1.89%. The ex-dividend date is Thursday, March 14th. UGI’s payout ratio is currently 37.96%.
Institutional investors have recently bought and sold shares of the stock. State of Alaska Department of Revenue grew its holdings in UGI by 2.0% during the fourth quarter. State of Alaska Department of Revenue now owns 18,349 shares of the utilities provider’s stock worth $978,000 after purchasing an additional 357 shares during the period. Victory Capital Management Inc. lifted its position in UGI by 57.0% during the third quarter. Victory Capital Management Inc. now owns 334,805 shares of the utilities provider’s stock worth $18,575,000 after acquiring an additional 121,616 shares during the last quarter. Vanguard Group Inc lifted its position in UGI by 1.3% during the third quarter. Vanguard Group Inc now owns 17,941,400 shares of the utilities provider’s stock worth $995,389,000 after acquiring an additional 232,308 shares during the last quarter. Mountain Pacific Investment Advisers Inc. ID lifted its position in UGI by 2.2% during the fourth quarter. Mountain Pacific Investment Advisers Inc. ID now owns 333,594 shares of the utilities provider’s stock worth $17,797,000 after acquiring an additional 7,142 shares during the last quarter. Finally, Ontario Teachers Pension Plan Board acquired a new stake in UGI during the fourth quarter worth approximately $9,230,000. Institutional investors and hedge funds own 80.10% of the company’s stock.
UGI Company Profile
UGI Corporation 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 1.7 million residential, commercial/industrial, motor fuel, agricultural, and wholesale customers through 1,900 propane distribution locations; and sells, installs, and services propane appliances, including heating systems and propane-powered generators.
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