UGI Corp (NYSE:UGI) had declared a cash dividend of $0.2375 on Jul 26, 2016. The shares will quote ex-dividend on Sep 13, 2016 and the record date has been fixed for Sep 15, 2016. On Jul 26, 2016 share price, the yield comes out to be 2.1116%. The dividend payable date has been fixed on Oct 1, 2016.
In a different note, On Jul 25, 2016, Jefferies said it Maintains its rating on UGI Corp. In the research note, the firm Raises the price-target to $39.00 per share. The shares have been rated ‘Hold’ by the firm. On Jun 20, 2016, Barclays said it Downgrades its rating on UGI Corp. In the research note, the firm Raises the price-target to $39.00 per share. The shares have been rated ‘Underweight’ by the firm. On May 26, 2016, Janney Capital said it Assumes its rating on UGI Corp. The shares have been rated ‘Neutral’ by the firm. On May 4, 2016, Citigroup said it Maintains its rating on UGI Corp. In the research note, the firm Raises the price-target to $36.50 per share. The shares have been rated ‘Neutral’ by the firm. On Apr 29, 2016, Janney Capital said it Downgrades its rating on UGI Corp. The shares have been rated ‘Neutral’ by the firm.
UGI Corp (UGI) remained unchanged at the close of Friday session. Even as the volume increased to 13,17,769 ,the shares failed to make any impression and ended at 0 points or 0.00% at $45.26. The trading session commenced at $45.19 and the stock hit a high of $45.39 and touched $45.015 at the lower end. Considering that the stock pared all of the losses, it can be said as a positive sign. The share price has a 52-week high of $45.65 and the 52-week low is $31.505. The company has a market cap of $7,816 M and has approximately 17,26,80,790 outstanding shares.
UGI Corp(UGI) last announced its earnings results on May 2, 2016 for Fiscal Year 2016 and Q2.Company reported revenue of $1.97B. Analysts had an estimated revenue of $2.58B. Earnings per share were $1.24. Analysts had estimated an EPS of $1.29.
Several Insider Transactions has been reported to the SEC. On Jun 23, 2016, John L Walsh (President & CEO) sold 9,500 shares at $43.79 per share price.Also, On Jun 23, 2016, Kirk R Oliver (CFO) sold 14,062 shares at $43.77 per share price.On May 17, 2016, Robert F. Beard (President & CEO of subsidiary) sold 16,500 shares at $42.08 per share price, according to the Form-4 filing with the securities and exchange commission.
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.