Coppell Advisory Solutions LLC Takes Position in UGI Corporation $UGI

Coppell Advisory Solutions LLC purchased a new stake in UGI Corporation (NYSE:UGI - Free Report) during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm purchased 112,758 shares of the utilities provider's stock, valued at approximately $3,895,000. UGI accounts for approximately 0.7% of Coppell Advisory Solutions LLC's portfolio, making the stock its 28th biggest holding. Coppell Advisory Solutions LLC owned 0.05% of UGI as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Aberdeen Wealth Management LLC purchased a new position in UGI during the second quarter valued at $42,000. Versant Capital Management Inc increased its stake in shares of UGI by 45.6% during the second quarter. Versant Capital Management Inc now owns 1,268 shares of the utilities provider's stock worth $44,000 after purchasing an additional 397 shares in the last quarter. Northwestern Mutual Wealth Management Co. acquired a new position in shares of UGI during the 2nd quarter worth about $53,000. Persistent Asset Partners Ltd purchased a new position in UGI in the 2nd quarter valued at about $71,000. Finally, State of Wyoming purchased a new position in UGI in the 2nd quarter valued at about $71,000. Hedge funds and other institutional investors own 82.34% of the company's stock.

Insider Buying and Selling

In other UGI news, insider Kathleen Shea-Ballay sold 25,360 shares of the business's stock in a transaction on Thursday, June 18th. The stock was sold at an average price of $33.62, for a total transaction of $852,603.20. Following the transaction, the insider owned 25,360 shares of the company's stock, valued at approximately $852,603.20. The trade was a 50.00% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Insiders own 0.57% of the company's stock.

Analyst Ratings Changes

Several equities research analysts have commented on UGI shares. Zacks Research lowered UGI from a "hold" rating to a "strong sell" rating in a research note on Monday, July 13th. Weiss Ratings downgraded UGI from a "buy (b)" rating to a "hold (c+)" rating in a research report on Tuesday, August 11th. Wells Fargo & Company decreased their target price on UGI from $45.00 to $42.00 and set an "overweight" rating on the stock in a research report on Friday, August 7th. Finally, Wall Street Zen upgraded UGI from a "sell" rating to a "hold" rating in a research report on Saturday, August 29th. Three research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, UGI has a consensus rating of "Hold" and a consensus target price of $42.00.

UGI Stock Performance

UGI opened at $37.92 on Thursday. UGI Corporation has a twelve month low of $31.62 and a twelve month high of $41.34. The firm has a market capitalization of $8.13 billion, a PE ratio of 12.68 and a beta of 0.94. The company has a current ratio of 1.44, a quick ratio of 1.22 and a debt-to-equity ratio of 1.28. The firm's 50-day moving average price is $36.34 and its 200 day moving average price is $36.12.

UGI (NYSE:UGI - Get Free Report) last released its quarterly earnings data on Thursday, August 6th. The utilities provider reported ($0.20) EPS for the quarter, missing analysts' consensus estimates of ($0.08) by ($0.12). The business had revenue of $1.33 billion during the quarter, compared to analyst estimates of $1.50 billion. UGI had a net margin of 9.20% and a return on equity of 12.80%. As a group, sell-side analysts expect that UGI Corporation will post 2.82 EPS for the current fiscal year.

UGI Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, October 1st. Investors of record on Tuesday, September 15th will be given a dividend of $0.375 per share. The ex-dividend date is Tuesday, September 15th. This represents a $1.50 dividend on an annualized basis and a yield of 4.0%. UGI's dividend payout ratio (DPR) is presently 50.17%.

UGI Profile

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.

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