UGI Corporation (NYSE:UGI) Receives Consensus Rating of "Hold" from Analysts

Key Points

• UGI Corporation has received a consensus recommendation of "Hold" from five analysts, with three recommending hold and two recommending buy.
• The company recently reported earnings that exceeded expectations, with a net margin of 5.70% on a quarterly revenue of $1.39 billion.
• UGI announced a quarterly dividend of $0.375 per share, representing an annualized dividend yield of 4.6%.

UGI Corporation (NYSE:UGI - Get Free Report) has received a consensus recommendation of "Hold" from the five analysts that are covering the stock, Marketbeat reports. Three analysts have rated the stock with a hold recommendation and two have assigned a buy recommendation to the company. The average 1 year price target among brokerages that have issued ratings on the stock in the last year is $31.3333.

A number of equities analysts have issued reports on UGI shares. Weiss Ratings restated a "hold (c-)" rating on shares of UGI in a report on Saturday, September 27th. Wall Street Zen raised UGI from a "hold" rating to a "buy" rating in a research report on Sunday, September 21st. Finally, Zacks Research raised shares of UGI to a "hold" rating in a report on Monday, August 11th.

Hedge Funds Weigh In On UGI

Several large investors have recently bought and sold shares of the company. Sequoia Financial Advisors LLC bought a new position in shares of UGI during the first quarter worth about $338,000. Red Door Wealth Management LLC acquired a new stake in UGI in the first quarter valued at approximately $230,000. Atlas Capital Advisors Inc. grew its stake in UGI by 945.7% in the first quarter. Atlas Capital Advisors Inc. now owns 17,171 shares of the utilities provider's stock valued at $568,000 after acquiring an additional 15,529 shares during the period. Meritage Portfolio Management acquired a new stake in UGI in the first quarter valued at approximately $5,176,000. Finally, SG Americas Securities LLC acquired a new stake in UGI in the first quarter valued at approximately $1,124,000. 82.34% of the stock is currently owned by institutional investors.

UGI Price Performance

Shares of NYSE UGI traded up $0.19 during midday trading on Friday, reaching $32.62. 2,643,593 shares of the company traded hands, compared to its average volume of 2,331,184. UGI has a 12 month low of $23.14 and a 12 month high of $37.42. The firm has a market cap of $7.01 billion, a PE ratio of 17.17, a PEG ratio of 1.49 and a beta of 1.06. 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 stock's 50-day simple moving average is $34.49 and its 200-day simple moving average is $34.50.

UGI (NYSE:UGI - Get Free Report) last announced its earnings results on Wednesday, August 6th. The utilities provider reported ($0.01) earnings per share for the quarter, beating analysts' consensus estimates of ($0.12) by $0.11. The company had revenue of $1.39 billion during the quarter, compared to analyst estimates of $1.77 billion. UGI had a return on equity of 15.73% and a net margin of 5.70%.The firm's quarterly revenue was up 1.0% compared to the same quarter last year. During the same period last year, the company posted $0.06 earnings per share. As a group, equities analysts anticipate that UGI will post 3.02 earnings per share for the current fiscal year.

UGI Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, October 1st. Stockholders of record on Monday, September 15th were given a dividend of $0.375 per share. This represents a $1.50 dividend on an annualized basis and a dividend yield of 4.6%. The ex-dividend date was Monday, September 15th. UGI's dividend payout ratio is presently 78.95%.

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.

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