UGI Corp Director Lon R. Greenberg Sells 40,000 Shares (UGI)
UGI Corp (NYSE:UGI) Director Lon R. Greenberg sold 40,000 shares of UGI Corp stock on the open market in a transaction dated Monday, August 25th. The stock was sold at an average price of $52.13, for a total value of $2,085,200.00. Following the sale, the director now directly owns 404,557 shares in the company, valued at approximately $21,089,556. The transaction was disclosed in a filing with the SEC, which can be accessed through this link.
Separately, analysts at BMO Capital Markets raised their price target on shares of UGI Corp from $49.00 to $50.00 in a research note on Thursday, July 3rd. They now have a “market perform” rating on the stock. Three analysts have rated the stock with a hold rating and two have issued a buy rating to the company’s stock. UGI Corp presently has an average rating of “Hold” and a consensus price target of $49.00.
UGI Corp (NYSE:UGI) traded up 0.60% on Monday, hitting $52.25. 583,886 shares of the company’s stock traded hands. UGI Corp has a 52-week low of $37.88 and a 52-week high of $52.29. The stock’s 50-day moving average is $49.97 and its 200-day moving average is $47.20. The company has a market cap of $6.005 billion and a P/E ratio of 17.67. UGI Corp shares are set to split before the market opens on Monday, September 8th. The 3-2 split was announced on Tuesday, July 29th. The newly created shares will be distributed to shareholders after the market closes on Friday, September 5th.
UGI Corp (NYSE:UGI) last issued its quarterly earnings data on Tuesday, July 29th. The company reported $0.15 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.17 by $0.02. Analysts expect that UGI Corp will post $3.02 EPS for the current fiscal year.
The company also recently declared a quarterly dividend, which is scheduled for Wednesday, October 1st. Investors of record on Monday, September 15th will be given a dividend of $0.2175 per share. This represents a $0.87 dividend on an annualized basis and a yield of 1.67%. The ex-dividend date of this dividend is Thursday, September 11th. This is an increase from UGI Corp’s previous quarterly dividend of $0.20.
UGI Corporation (NYSE:UGI) is a holding company that, through subsidiaries, distributes, stores, transports and markets energy products and related services.
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