Is there a Bearish outlook for UGI Corporation (NYSE:UGI) this week?

June 16, 2018 - By Adrian Erickson

UGI Corporation (NYSE:UGI) LogoInvestors sentiment increased to 1.1 in Q1 2018. Its up 0.08, from 1.02 in 2017Q4. It improved, as 30 investors sold UGI Corporation shares while 118 reduced holdings. 45 funds opened positions while 118 raised stakes. 131.72 million shares or 0.48% more from 131.09 million shares in 2017Q4 were reported.
Riggs Asset Managment Inc has 3,724 shares for 0.07% of their portfolio. Tiedemann Advisors Ltd Liability Corporation holds 0.26% or 83,970 shares in its portfolio. 915,531 are held by First Trust L P. Hsbc Public Ltd Limited Liability Company reported 66,865 shares stake. Moreover, Morgan Stanley has 0.01% invested in UGI Corporation (NYSE:UGI). Balyasny Asset Mngmt Limited Liability holds 0.02% or 122,397 shares. State Board Of Administration Of Florida Retirement Systems holds 0.03% in UGI Corporation (NYSE:UGI) or 258,820 shares. Foster & Motley Inc invested 0.7% in UGI Corporation (NYSE:UGI). Gradient Invs Lc owns 34 shares. First Mercantile Trust invested in 12,005 shares. Carnegie Capital Asset Mgmt Ltd invested in 0.04% or 10,600 shares. Menta holds 0.42% of its portfolio in UGI Corporation (NYSE:UGI) for 44,423 shares. Old Natl Bankshares In reported 9,284 shares stake. Comerica Bancorporation owns 261,031 shares. Cambridge Inv Research Advsrs Inc owns 11,147 shares for 0.01% of their portfolio.

Since February 7, 2018, it had 3 insider buys, and 6 selling transactions for $9.72 million activity. $2.14 million worth of UGI Corporation (NYSE:UGI) was sold by Sheridan Jerry E on Thursday, May 10. 2,270 shares valued at $99,815 were bought by Perreault Roger on Wednesday, February 7. 3,000 shares valued at $151,895 were sold by POL ANNE on Thursday, May 31. 45,000 shares were sold by Beard Robert F., worth $2.31M on Wednesday, May 30. 2 UGI Corporation (NYSE:UGI) shares with value of $96 were bought by Kelly Ann P.

UGI Corporation (NYSE:UGI) Ratings Coverage

Among 4 analysts covering UGI Corp (NYSE:UGI), 1 have Buy rating, 0 Sell and 3 Hold. Therefore 25% are positive. UGI Corp had 4 analyst reports since December 20, 2017 according to SRatingsIntel. On Tuesday, March 27 the stock rating was maintained by Citigroup with “Neutral”. The firm has “Buy” rating by UBS given on Friday, April 20. As per Wednesday, December 20, the company rating was maintained by Jefferies. Bank of America downgraded UGI Corporation (NYSE:UGI) on Tuesday, June 5 to “Neutral” rating. Below is a list of UGI Corporation (NYSE:UGI) latest ratings and price target changes.

05/06/2018 Broker: Bank of America Old Rating: Buy New Rating: Neutral Old Target: $53 Downgrade
20/04/2018 Broker: UBS Old Rating: Neutral New Rating: Buy Upgrade
27/03/2018 Broker: Citigroup Old Rating: Neutral New Rating: Neutral Old Target: $49 New Target: $48 Maintain
20/12/2017 Broker: Jefferies Rating: Hold New Target: $49.0 Maintain

The stock increased 1.06% or $0.52 during the last trading session, reaching $49.77. About 1.55M shares traded or 86.52% up from the average. UGI Corporation (NYSE:UGI) has declined 2.08% since June 16, 2017 and is downtrending. It has underperformed by 14.65% the S&P500.

UGI Corporation distributes, stores, transports, and markets energy products and related services in the United States and internationally. The company has market cap of $8.62 billion. It distributes propane to approximately 1.9 million residential, commercial/industrial, motor fuel, agricultural, and wholesale clients in 50 states through 1,900 propane distribution locations; and sells, installs, and services propane appliances, including heating systems. It has a 15.41 P/E ratio. The firm also distributes liquid petroleum gas to residential, commercial, industrial, agricultural, resale, and automobile fuel clients for heating, cooking, motor fuel, leisure, construction work, manufacturing, crop and grain drying, power generation, and irrigation activities; and provides logistic, storage, and other services to third-party LPG distributors.

Another recent and important UGI Corporation (NYSE:UGI) news was published by Globenewswire.com which published an article titled: “Factors of Influence in 2018, Key Indicators and Opportunity within Companhia Brasileira de Distribuicao, SiteOne …” on June 15, 2018.

UGI Corporation (NYSE:UGI) Institutional Positions Chart

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