UGI Corp (UGI) : Snyder Capital Management L P reduced its stake in UGI Corp by 1.83% during the most recent quarter end. The investment management company now holds a total of 1,434,558 shares of UGI Corp which is valued at $61,958,560 after selling 26,687 shares in UGI Corp , the firm said in a disclosure report filed with the SEC on Nov 14, 2016.UGI Corp makes up approximately 3.80% of Snyder Capital Management L P’s portfolio.
Other Hedge Funds, Including , Ontario Teachers Pension Plan Board reduced its stake in UGI by selling 696 shares or 11.98% in the most recent quarter. The Hedge Fund company now holds 5,115 shares of UGI which is valued at $220,917.Ubs Asset Management Americas Inc reduced its stake in UGI by selling 96,311 shares or 5.68% in the most recent quarter. The Hedge Fund company now holds 1,598,572 shares of UGI which is valued at $70,848,711. UGI Corp makes up approx 0.08% of Ubs Asset Management Americas Inc’s portfolio.Dnb Asset Management As boosted its stake in UGI in the latest quarter, The investment management firm added 3,300 additional shares and now holds a total of 15,100 shares of UGI Corp which is valued at $698,979. UGI Corp makes up approx 0.01% of Dnb Asset Management As’s portfolio.
UGI Corp opened for trading at $44.13 and hit $44.34 on the upside on Monday, eventually ending the session at $44.25, with a gain of 0.52% or 0.23 points. The heightened volatility saw the trading volume jump to 4,64,660 shares. Company has a market cap of $7,666 M.
On the company’s financial health, UGI Corp reported $-0.05 EPS for the quarter, beating the analyst consensus estimate by $ 0.01 according to the earnings call on Nov 9, 2016. Analyst had a consensus of $-0.06. The company had revenue of $976.20 million for the quarter, compared to analysts expectations of $1248.73 million. The company’s revenue was down -9.8 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.01 EPS.
UGI Corporation is a holding company that through subsidiaries distributes stores transports and markets energy products and related services. The Company is a domestic and international retail distributor of propane and butane and provides natural gas and electric service through regulated local distribution utilities. The Company generates electricity and markets energy commodities. It owns and manages midstream assets. The Companys subsidiaries and affiliates operate in six business segments: AmeriGas Propane; UGI International Antargaz; UGI International – Flaga & Other; Energy Services; Electric Generation and Gas Utility. In addition to the segments UGI Corporation owns and operates electric distribution business in Pennsylvania through UGI Utilities and a heating ventilation air-conditioning refrigeration and electrical contracting service business in portions of eastern Pennsylvania and the Mid-Atlantic region of the United States through UGI HVAC Enterprises Inc.