UGI Corporation 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 1.4 million residential, commercial/industrial, motor fuel, agricultural, and wholesale customers through 1,600 propane distribution location. The company also distributes liquefied petroleum gases (LPG) to residential, commercial, industrial, agricultural, wholesale and automobile fuel customers; and provides logistics, storage, and other services to third-party LPG distributors. In addition, it engages in the retail sale of natural gas, liquid fuels, and electricity to approximately 12,600 residential, commercial, and industrial customers at 42,400 locations. Further, the company distributes natural gas to approximately 672,000 customers in eastern and central Pennsylvania counties through its distribution system of approximately 12,400 miles of gas mains; and supplies electricity to approximately 62,500 customers in northeastern Pennsylvania through 2,600 miles of lines and 14 substations. Additionally, it operates electric generation facilities, which include coal-fired, landfill gas-fueled, solar-powered, and natural gas-fueled facilities; a natural gas liquefaction, storage, and vaporization facility; propane storage and propane-air mixing stations; and rail transshipment terminals. It also manages natural gas pipeline and storage contracts; develops, owns, and operates pipelines, gathering infrastructure, and gas storage facilities. UGI Corporation was incorporated in 1991 and is based in King of Prussia, Pennsylvania.
Analyst Upgrades and Downgrades
UGI has been the subject of a number of research analyst reports. Wells Fargo & Company raised their price target on shares of UGI from $41.00 to $42.00 and gave the stock an "equal weight" rating in a report on Monday, August 8th. StockNews.com upgraded shares of UGI from a "sell" rating to a "hold" rating in a research report on Saturday, May 14th.
UGI Price Performance
UGI Stock remained flat at $41.68 during trading on Tuesday. 7,920 shares of the company were exchanged, compared to its average volume of 1,292,217. The firm has a 50-day moving average of $40.50 and a 200 day moving average of $38.85. The stock has a market capitalization of $8.75 billion, a PE ratio of 6.66, a PEG ratio of 1.80 and a beta of 0.98. UGI has a one year low of $33.04 and a one year high of $48.55. The company has a debt-to-equity ratio of 1.10, a quick ratio of 1.46 and a current ratio of 1.70.
UGI Dividend Announcement
The firm also recently announced a quarterly dividend, which will be paid on Saturday, October 1st. Stockholders of record on Thursday, September 15th will be paid a dividend of $0.36 per share. The ex-dividend date is Wednesday, September 14th. This represents a $1.44 annualized dividend and a dividend yield of 3.45%. UGI's dividend payout ratio (DPR) is 23.00%.
Insider Activity
In other UGI news, Director John L. Walsh sold 105,000 shares of the company's stock in a transaction dated Friday, May 27th. The shares were sold at an average price of $42.36, for a total transaction of $4,447,800.00. Following the transaction, the director now directly owns 429,734 shares in the company, valued at $18,203,532.24. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Corporate insiders own 2.00% of the company's stock.