Trading was heavy with 1,084K shares changing hands on Tuesday. Volume was up 85.26% over the stocks average daily volume.
Investors are a little more bullish on shares of the company lately if you watch the downtick in short interest. The company realized a fall in short interest from September 29, 2017 to October 13, 2017 of -33.22%. Short shares fell 448,845 over that timeframe. Days to cover decreased -1.0 to 1.0 and the short interest percentage is 0.01% as of October 13.
These firms have modified their investment in UGI. Raymond James Financial Services Advisors, Inc. trimmed its holdings by selling 2,723 shares a decrease of 2.3% from 06/30/2017 to 09/30/2017. Raymond James Financial Services Advisors, Inc. now controls 114,829 shares with a value of $5,381,000. The value of the position overall is down by 5.4%. Simplex Trading, LLC downsized its position by shedding 631 shares a decrease of 74.5% as of 09/30/2017. Simplex Trading, LLC currently owns 216 shares worth $10,000. The total value of its holdings decreased 75.6%.
As of the end of the quarter Hudock Capital Group, LLC had acquired a total of 1 shares growing its position 0.1%. The value in dollars decreased from $59,000 to $57,000 a change of 3.4% for the reporting period. Andra Ap-fonden reduced its ownership by shedding 25,500 shares a decrease of 17.5% in the quarter. Andra Ap-fonden owns 120,400 shares valued at $5,642,000. The total value of its holdings decreased 20.1%.
The company is now down by 0.52% since yesterday’s close of $47.86. UGI Corporation recently announced a dividend for shareholders paid on Sunday the 1st of October 2017. The dividend payment was $0.250 per share for the quarter which comes to $1.00 on an annualized basis. This dividend amount was represent a yield of $2.06. The ex-dividend date was set for Thursday the 14th of September 2017.
The stock last traded at $47.86 which is just over the 50 day moving average which is $47.61 and which is marginally lower than the 200 day moving average of $48.96. The 50 day moving average went up $0.25 or +0.52% whereas the 200 day moving average was down $-1.10 or -2.25%.
The company currently has a P/E ratio of 21.77 and the market cap of the company is 8.30B. In the last earnings report the EPS was $2.20 and is expected to be $2.28 for the current year with 173,373,000 shares outstanding. Next quarter’s EPS is forecasted to be $0.93 and the next full year EPS is projected to be $2.47.
UGI Corporation, launched on December 20, 1991, is a holding company. The Company, through its subsidiaries, distributes, stores, transports and markets energy products and related services. The Company operates through six segments: AmeriGas Propane; an international liquefied petroleum gases (LPG) segment consisting of UGI France; an international LPG segment consisting of Flaga and AvantiGas; UGI Utilities; Energy Services, and Electric Generation. In the United States, the Company is a general partner and owns limited partner interests in a retail propane marketing and distribution business; owns and operates natural gas and electric distribution utilities; owns all or a portion of electricity generation facilities, and owns and operates an energy marketing, midstream infrastructure, storage, natural gas gathering, natural gas production and energy services business. Internationally, it markets and distributes propane and other LPG in Europe..