UGI (NYSE:UGI) Shares Pass Above 200 Day Moving Average - Time to Sell?

Key Points

• UGI shares crossed above its 200-day moving average (200‑day MA $36.83) and traded as high as $37.51, last around $37.26 on Monday.
• The company reported quarterly EPS of $1.26, missing estimates ($1.50) and revenue of $2.08B versus a $2.49B consensus, yet analysts maintain a "Moderate Buy" consensus with a $44.50 price target.
• UGI pays a quarterly dividend of $0.375 (annualized yield ~4.0%, payout ratio 55.35%); insiders sold shares recently while institutional ownership stands at ~82.3% with several funds increasing positions.

UGI Corporation (NYSE:UGI - Get Free Report) shares crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $36.83 and traded as high as $37.51. UGI shares last traded at $37.2590, with a volume of 884,516 shares traded.

Analyst Ratings Changes

Separately, Weiss Ratings restated a "buy (b-)" rating on shares of UGI in a research note on Friday. Four research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat.com, UGI presently has an average rating of "Moderate Buy" and a consensus price target of $44.50.

UGI Trading Up 0.9%

The business's 50 day moving average is $37.00 and its two-hundred day moving average is $36.83. The company has a quick ratio of 0.64, a current ratio of 0.78 and a debt-to-equity ratio of 1.19. The firm has a market capitalization of $8.00 billion, a P/E ratio of 13.75 and a beta of 1.05.

UGI (NYSE:UGI - Get Free Report) last issued its quarterly earnings data on Wednesday, February 4th. The utilities provider reported $1.26 earnings per share for the quarter, missing analysts' consensus estimates of $1.50 by ($0.24). UGI had a net margin of 8.17% and a return on equity of 14.46%. The company had revenue of $2.08 billion for the quarter, compared to the consensus estimate of $2.49 billion. During the same quarter in the prior year, the firm earned $1.37 earnings per share. UGI's revenue for the quarter was up 2.6% compared to the same quarter last year. Analysts expect that UGI Corporation will post 3.05 EPS for the current year.

UGI Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, April 1st. Investors of record on Monday, March 16th were paid a dividend of $0.375 per share. This represents a $1.50 dividend on an annualized basis and a dividend yield of 4.0%. The ex-dividend date was Monday, March 16th. UGI's payout ratio is currently 55.35%.

Insider Buying and Selling at UGI

In related news, CAO Jean Felix Tematio sold 12,840 shares of UGI stock in a transaction dated Wednesday, February 11th. The shares were sold at an average price of $38.07, for a total transaction of $488,818.80. Following the sale, the chief accounting officer directly owned 6,952 shares in the company, valued at $264,662.64. The trade was a 64.87% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 0.57% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of UGI. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its holdings in UGI by 9.2% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 78,715 shares of the utilities provider's stock worth $2,603,000 after acquiring an additional 6,649 shares during the period. Goldman Sachs Group Inc. grew its holdings in UGI by 14.3% during the first quarter. Goldman Sachs Group Inc. now owns 930,787 shares of the utilities provider's stock worth $30,781,000 after acquiring an additional 116,372 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its holdings in UGI by 17.2% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 785,327 shares of the utilities provider's stock worth $25,971,000 after acquiring an additional 115,409 shares during the period. Focus Partners Wealth grew its holdings in UGI by 92.6% during the first quarter. Focus Partners Wealth now owns 22,584 shares of the utilities provider's stock worth $747,000 after acquiring an additional 10,861 shares during the period. Finally, Baird Financial Group Inc. grew its holdings in UGI by 15.6% during the second quarter. Baird Financial Group Inc. now owns 28,359 shares of the utilities provider's stock worth $1,033,000 after acquiring an additional 3,825 shares during the period. 82.34% of the stock is owned by institutional investors and hedge funds.

UGI Company 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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