Media coverage about UGI Corp (NYSE:UGI) has trended positive this week, AlphaOne reports. The research firm, a unit of Accern, rates the sentiment of news coverage by monitoring more than twenty million blog and news sources in real time. AlphaOne ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. UGI Corp earned a daily sentiment score of 0.31 on AlphaOne’s scale. AlphaOne also assigned media stories about the utilities provider an impact score of 100 out of 100, meaning that recent news coverage is extremely likely to have an impact on the company’s share price in the next several days.
These are some of the news articles that may have impacted AlphaOne’s analysis:
- UGI Corp (UGI) Expected to Earn Q2 2017 Earnings of $1.30 Per Share (americanbankingnews.com)
- Technical Roundup on Utilities Stocks — TerraForm Global, TerraForm Power … (prnewswire.com)
- Technical Roundup on Utilities Stocks — TerraForm Global, TerraForm Power, Pattern Energy, and UGI Corp. (marketwatch.com)
- UGI Corp (UGI) Now Covered by Janney Montgomery Scott (americanbankingnews.com)
- UGI Corp (UGI) Downgraded by Barclays PLC (americanbankingnews.com)
Several research analysts recently commented on UGI shares. Zacks Investment Research upgraded shares of UGI Corp from a “hold” rating to a “buy” rating and set a $56.00 price target on the stock in a report on Wednesday, April 12th. Jefferies Group LLC reiterated a “hold” rating and set a $46.00 price objective on shares of UGI Corp in a research note on Wednesday. Finally, Janney Montgomery Scott upgraded shares of UGI Corp from a “neutral” rating to a “buy” rating in a research note on Tuesday, January 31st. One analyst has rated the stock with a sell rating, two have assigned a hold rating and two have assigned a buy rating to the company. The company currently has a consensus rating of “Hold” and an average target price of $47.00.
UGI Corp (NYSE:UGI) traded down 0.14% during trading on Thursday, reaching $49.36. 173,725 shares of the company’s stock were exchanged. The company has a market capitalization of $8.54 billion, a price-to-earnings ratio of 18.05 and a beta of 0.61. The stock’s 50-day moving average price is $49.12 and its 200-day moving average price is $46.45. UGI Corp has a 52-week low of $39.20 and a 52-week high of $50.38.
UGI Corp (NYSE:UGI) last posted its quarterly earnings results on Wednesday, February 1st. The utilities provider reported $0.91 EPS for the quarter, topping analysts’ consensus estimates of $0.76 by $0.15. UGI Corp had a return on equity of 10.66% and a net margin of 8.35%. The company earned $1.68 billion during the quarter, compared to analysts’ expectations of $1.76 billion. During the same quarter in the previous year, the firm earned $0.64 EPS. UGI Corp’s revenue was up 4.5% on a year-over-year basis. Equities analysts expect that UGI Corp will post $2.44 earnings per share for the current year.
The company also recently disclosed a quarterly dividend, which was paid on Saturday, April 1st. Investors of record on Wednesday, March 15th were given a dividend of $0.2375 per share. The ex-dividend date was Monday, March 13th. This represents a $0.95 dividend on an annualized basis and a yield of 1.92%. UGI Corp’s dividend payout ratio is currently 34.93%.
In related news, Director Anne Pol sold 6,000 shares of the business’s stock in a transaction on Thursday, March 2nd. The stock was sold at an average price of $48.46, for a total transaction of $290,760.00. Following the sale, the director now owns 11,286 shares in the company, valued at approximately $546,919.56. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CFO Kirk R. Oliver sold 19,500 shares of the business’s stock in a transaction on Tuesday, February 21st. The stock was sold at an average price of $47.32, for a total value of $922,740.00. Following the sale, the chief financial officer now owns 79,603 shares in the company, valued at approximately $3,766,813.96. The disclosure for this sale can be found here. Insiders have sold a total of 132,500 shares of company stock worth $6,242,390 in the last 90 days. 2.20% of the stock is currently owned by corporate insiders.
About UGI Corp
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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