Coppell Advisory Solutions LLC Buys 31,104 Shares of UGI Corporation $UGI

Key Points

• Coppell Advisory Solutions LLC significantly increased its stake in UGI Corporation, boosting its holdings by 1,033.4% during the first quarter, now owning 34,114 shares worth approximately $1.12 million.
• UGI Corporation plans to issue a quarterly dividend of $0.375 per share, translating to an annualized dividend of $1.50 and a yield of 4.4%.
• The company's recent quarterly earnings showed a loss of ($0.01) EPS but outperformed the consensus estimate of ($0.12) EPS, indicating robust financial performance despite lower revenue than expected.

Coppell Advisory Solutions LLC lifted its holdings in shares of UGI Corporation (NYSE:UGI - Free Report) by 1,033.4% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 34,114 shares of the utilities provider's stock after acquiring an additional 31,104 shares during the period. Coppell Advisory Solutions LLC's holdings in UGI were worth $1,117,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in UGI. Wealthspire Advisors LLC grew its position in shares of UGI by 1.9% during the 1st quarter. Wealthspire Advisors LLC now owns 17,574 shares of the utilities provider's stock valued at $581,000 after acquiring an additional 323 shares during the period. Private Trust Co. NA grew its position in shares of UGI by 36.1% during the 1st quarter. Private Trust Co. NA now owns 1,395 shares of the utilities provider's stock valued at $46,000 after acquiring an additional 370 shares during the period. Quintet Private Bank Europe S.A. grew its position in shares of UGI by 25.3% during the 1st quarter. Quintet Private Bank Europe S.A. now owns 1,880 shares of the utilities provider's stock valued at $62,000 after acquiring an additional 380 shares during the period. Linden Thomas Advisory Services LLC lifted its stake in shares of UGI by 5.0% during the 1st quarter. Linden Thomas Advisory Services LLC now owns 8,908 shares of the utilities provider's stock valued at $295,000 after buying an additional 422 shares in the last quarter. Finally, State of Wyoming lifted its stake in shares of UGI by 4.6% during the 4th quarter. State of Wyoming now owns 10,005 shares of the utilities provider's stock valued at $282,000 after buying an additional 444 shares in the last quarter. 82.34% of the stock is owned by institutional investors.

UGI Price Performance

NYSE UGI traded down $0.08 on Friday, hitting $34.75. The stock had a trading volume of 1,507,715 shares, compared to its average volume of 1,922,714. UGI Corporation has a 52-week low of $23.14 and a 52-week high of $37.42. The company has a debt-to-equity ratio of 1.16, a quick ratio of 0.56 and a current ratio of 0.70. The company has a market capitalization of $7.47 billion, a price-to-earnings ratio of 18.29, a price-to-earnings-growth ratio of 1.64 and a beta of 1.06. The firm has a 50-day moving average of $35.39 and a 200-day moving average of $34.48.

UGI (NYSE:UGI - Get Free Report) last posted its earnings results on Wednesday, August 6th. The utilities provider reported ($0.01) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.12) by $0.11. UGI had a net margin of 5.70% and a return on equity of 15.73%. The business had revenue of $1.39 billion for the quarter, compared to analysts' expectations of $1.77 billion. During the same period in the prior year, the company posted $0.06 EPS. The business's revenue for the quarter was up 1.0% compared to the same quarter last year. Equities analysts expect that UGI Corporation will post 3.02 EPS for the current year.

UGI Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, October 1st. Shareholders of record on Monday, September 15th will be paid a $0.375 dividend. The ex-dividend date is Monday, September 15th. This represents a $1.50 annualized dividend and a yield of 4.3%. UGI's dividend payout ratio is currently 78.95%.

Analyst Ratings Changes

UGI has been the topic of a number of recent research reports. Zacks Research upgraded shares of UGI to a "hold" rating in a research note on Monday, August 11th. Wall Street Zen cut shares of UGI from a "strong-buy" rating to a "buy" rating in a research note on Friday, July 18th. Finally, Mizuho upped their price target on shares of UGI from $38.00 to $39.00 and gave the company an "outperform" rating in a research note on Thursday, May 15th. Two analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company's stock. According to MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average target price of $31.33.

About UGI

UGI Corporation, together with its subsidiaries, 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 1.3 million residential, commercial/industrial, motor fuel, agricultural, and wholesale customers through 1,400 propane distribution locations.