UGI (NYSE:UGI - Get Free Report) was upgraded by analysts at Wall Street Zen from a "buy" rating to a "strong-buy" rating in a note issued to investors on Saturday.
Separately, Mizuho lifted their price objective on UGI from $38.00 to $39.00 and gave the stock an "outperform" rating in a report on Thursday, May 15th.
Read Our Latest Stock Report on UGI
UGI Stock Performance
NYSE UGI traded down $0.43 during trading on Friday, hitting $36.16. The company's stock had a trading volume of 1,978,114 shares, compared to its average volume of 2,095,661. The company has a quick ratio of 0.82, a current ratio of 1.00 and a debt-to-equity ratio of 1.44. The firm has a 50 day moving average price of $34.19 and a 200 day moving average price of $31.93. The firm has a market cap of $7.75 billion, a P/E ratio of 14.23, a price-to-earnings-growth ratio of 2.26 and a beta of 1.06. UGI has a 52 week low of $22.01 and a 52 week high of $36.62.
UGI (NYSE:UGI - Get Free Report) last issued its quarterly earnings results on Wednesday, May 7th. The utilities provider reported $2.21 EPS for the quarter, topping the consensus estimate of $1.80 by $0.41. UGI had a return on equity of 15.19% and a net margin of 7.73%. The company had revenue of $2.67 billion for the quarter, compared to the consensus estimate of $3.26 billion. During the same period in the previous year, the business posted $1.97 EPS. The company's revenue for the quarter was up 8.1% on a year-over-year basis. Equities research analysts forecast that UGI will post 3.02 earnings per share for the current fiscal year.
Institutional Trading of UGI
Several institutional investors have recently bought and sold shares of UGI. Altshuler Shaham Ltd acquired a new stake in UGI in the 4th quarter valued at $25,000. Bessemer Group Inc. boosted its stake in UGI by 216.7% in the 4th quarter. Bessemer Group Inc. now owns 893 shares of the utilities provider's stock valued at $25,000 after buying an additional 611 shares in the last quarter. GeoWealth Management LLC acquired a new stake in UGI in the 4th quarter valued at $27,000. Flagship Wealth Advisors LLC acquired a new stake in UGI in the 4th quarter valued at $30,000. Finally, CX Institutional acquired a new stake in UGI in the 1st quarter valued at $30,000. Institutional investors and hedge funds own 82.34% of the company's stock.
About UGI
(
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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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