RPG Investment Advisory LLC Raises Holdings in UGI Co. (NYSE:UGI)

RPG Investment Advisory LLC boosted its stake in shares of UGI Co. (NYSE:UGI) by 8.6% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 285,949 shares of the utilities provider’s stock after acquiring an additional 22,527 shares during the quarter. RPG Investment Advisory LLC owned 0.13% of UGI worth $7,154,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors also recently bought and sold shares of the stock. Mitsubishi UFJ Trust & Banking Corp boosted its holdings in UGI by 1.2% during the 1st quarter. Mitsubishi UFJ Trust & Banking Corp now owns 3,746,241 shares of the utilities provider’s stock valued at $89,962,000 after acquiring an additional 45,630 shares during the period. Federated Hermes Inc. boosted its holdings in UGI by 28.7% during the 2nd quarter. Federated Hermes Inc. now owns 3,537,729 shares of the utilities provider’s stock valued at $81,014,000 after acquiring an additional 788,457 shares during the period. LSV Asset Management boosted its holdings in UGI by 13.3% during the 2nd quarter. LSV Asset Management now owns 3,024,750 shares of the utilities provider’s stock valued at $69,267,000 after acquiring an additional 356,200 shares during the period. ProShare Advisors LLC boosted its holdings in UGI by 84.9% during the 2nd quarter. ProShare Advisors LLC now owns 2,445,010 shares of the utilities provider’s stock valued at $55,991,000 after acquiring an additional 1,122,766 shares during the period. Finally, Jupiter Asset Management Ltd. purchased a new stake in UGI during the 2nd quarter valued at about $53,371,000. 82.34% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several equities research analysts have weighed in on UGI shares. Wells Fargo & Company increased their price objective on UGI from $26.00 to $27.00 and gave the stock an “equal weight” rating in a report on Wednesday, October 16th. StockNews.com cut UGI from a “buy” rating to a “hold” rating in a report on Tuesday, August 6th.

UGI Trading Down 0.9 %

NYSE UGI opened at $23.72 on Wednesday. The stock has a market cap of $5.09 billion, a P/E ratio of 7.60 and a beta of 1.13. The company has a debt-to-equity ratio of 1.34, a quick ratio of 0.71 and a current ratio of 0.91. The stock has a 50 day simple moving average of $24.33 and a two-hundred day simple moving average of $24.12. UGI Co. has a fifty-two week low of $20.42 and a fifty-two week high of $26.15.

UGI Profile

UGI Corporation, together with its subsidiaries, distributes, stores, transports, and markets energy products and related services in the United States and internationally. The company operates through four segments: AmeriGas Propane, UGI International, Midstream & Marketing, and UGI Utilities. It distributes propane to approximately 1.3 million residential, commercial/industrial, motor fuel, agricultural, and wholesale customers through 1,400 propane distribution locations.