Kistler Tiffany Companies LLC lifted its holdings in UGI Corp (NYSE:UGI) by 41.6% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 4,224 shares of the utilities provider’s stock after buying an additional 1,242 shares during the quarter. Kistler Tiffany Companies LLC’s holdings in UGI were worth $198,000 as of its most recent SEC filing.
Several other institutional investors have also bought and sold shares of UGI. Schroder Investment Management Group raised its holdings in UGI by 4,776.4% during the second quarter. Schroder Investment Management Group now owns 292,584 shares of the utilities provider’s stock worth $14,179,000 after purchasing an additional 286,584 shares during the last quarter. Foster & Motley Inc. raised its holdings in shares of UGI by 7.3% in the third quarter. Foster & Motley Inc. now owns 100,244 shares of the utilities provider’s stock worth $4,697,000 after acquiring an additional 6,810 shares during the last quarter. Moneta Group Investment Advisors LLC acquired a new position in shares of UGI in the third quarter worth $323,000. FDx Advisors Inc. acquired a new position in shares of UGI in the third quarter worth $547,000. Finally, Mitsubishi UFJ Trust & Banking Corp raised its holdings in shares of UGI by 2.7% in the third quarter. Mitsubishi UFJ Trust & Banking Corp now owns 352,690 shares of the utilities provider’s stock worth $16,527,000 after acquiring an additional 9,403 shares during the last quarter. Hedge funds and other institutional investors own 77.00% of the company’s stock.
UGI Corp (NYSE UGI) traded down $0.44 during mid-day trading on Thursday, reaching $47.35. The company’s stock had a trading volume of 767,500 shares, compared to its average volume of 830,229. UGI Corp has a 1 year low of $45.04 and a 1 year high of $52.00. The company has a debt-to-equity ratio of 1.07, a quick ratio of 0.84 and a current ratio of 1.00. The stock has a market capitalization of $8,230.00, a P/E ratio of 19.25 and a beta of 0.68.
A number of research firms have recently weighed in on UGI. Barclays reissued a “sell” rating and issued a $48.00 price target on shares of UGI in a report on Thursday, October 19th. Zacks Investment Research raised UGI from a “sell” rating to a “hold” rating in a report on Wednesday, November 1st. One research analyst has rated the stock with a sell rating, two have issued a hold rating and two have issued a buy rating to the stock. The company currently has an average rating of “Hold” and a consensus target price of $48.67.
UGI Company Profile
UGI Corporation is a holding company. The Company distributes, stores, transports and markets energy products and related services. It operates through six segments. The AmeriGas Propane segment consists of the propane distribution business of AmeriGas Partners, L.P. The UGI France segment consists of the French LPG distribution business of its subsidiaries, Antargaz, Finagaz and its liquefied petroleum gases (LPG) distribution businesses.
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