Investing in UGI Corporation (UGI) Is Getting More Attractive


UGI Corporation’s recently made public that its President & CEO Perreault Roger acquired Company’s shares for reported $99749.0 on May 24. In the deal valued at $27.98 per share,3,565 shares were bought. As a result of this transaction, Perreault Roger now holds 41,125 shares worth roughly $ 1.04 million.

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Then, HERMANCE FRANK S sold 12,750 shares, generating $495,210 in total proceeds. Upon selling the shares at $38.84, the Director now owns 465,000 shares.

Before that, Gaudiosi Monica M sold 75,000 shares. UGI Corporation shares valued at $2,648,250 were divested by the VP, Gen. Counsel & Secretary at a price of $35.31 per share. As a result of the transaction, Gaudiosi Monica M now holds 61,109 shares, worth roughly $1.54 million.

Wells Fargo upgraded its UGI Corporation [UGI] rating to an Overweight from a an Equal weight in a research note published on Friday, August 28, 2023; the price target was decreased to $27 from $28. PT values the company’s stock at a premium of 6.41 to its Friday closing price.

Price Performance Review of UGI

On Friday, UGI Corporation [NYSE:UGI] saw its stock jump 0.36% to $25.27. On the same session, the stock had its day’s lowest price of $25.045, but rose to a high of $25.70. Over the last five days, the stock has gained 11.27%. UGI Corporation shares have fallen nearly -31.83% since the year began. Nevertheless, the stocks have fallen -36.03% over the past one year. While a 52-week high of $43.19 was reached on 02/02/23, a 52-week low of $22.44 was recorded on 08/25/23. SMA at 50 days reached $25.34, while 200 days put it at $32.80. A total of 3.05 million shares were traded, compared to the trading of 22.97 million shares in the previous session.

Levels Of Support And Resistance For UGI Stock

The 24-hour chart illustrates a support level at 24.98, which if violated will result in even more drops to 24.68. On the upside, there is a resistance level at 25.63. A further resistance level may holdings at 25.99. The Relative Strength Index (RSI) on the 14-day chart is 59.19, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 1.20, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 13.21%. Stochastics %K at 70.88% indicates the stock is a holding.

How much short interest is there in UGI Corporation?

A steep rise in short interest was recorded in UGI Corporation stocks on Aug 14, 2023, growing by 0.36 million shares to a total of 5.49 million shares. Yahoo Finance data shows the prior-month short interest on Jul 13, 2023 was 5.13 million shares. There was a rise of 6.56%, which implies that there is a positive sentiment for the stock. In spite of short shares comprising just 3.56% of the overall stock float, the days-to-cover ratio (short ratio) rose to 2.02.

UGI Corporation [UGI] – Who Are The Largest Shareholders?

In filings from The Vanguard Group, Inc., it is revealed that the company now owns 25,233,641 shares, or roughly 12.06% of the outstanding UGI shares. In other words, the investor’s shares have risen by 269,928 from its previous 13-F filing of 24963713.0. Additionally, BlackRock Fund Advisors decreased -14.62% of its stake after which the total value it holdings stand at $664,298,527, while SSgA Funds Management, Inc. added 5.54% of its stake to hold $501.13 million in the firm. Over the last quarter, DWS Investment GmbH sold -185,426 shares of UGI Corporation, while First Eagle Investment Management sold -682,636 shares. At present, Snyder Capital Management LP is holding 3,696,231 shares valued at $99.76 million. LSV Asset Management owned 3,584,015 shares of the company at the time of its most recent 13F filing, worth $96.73 million.

According to FactSet, UGI Corporation’s share price will average $36.25 in the next year, based on opinions of analysts polled by the firm. This is up nearly 19.14 percent from its previous closing price of $25.18. Analysts expect UGI Corporation stock to reach the higher price of $60.00, while the lowest price estimate is $25.00.


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