UGI Co. (NYSE:UGI) Shares Sold by Atria Investments Inc

Atria Investments Inc trimmed its stake in UGI Co. (NYSE:UGI) by 4.0% during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 31,443 shares of the utilities provider’s stock after selling 1,320 shares during the quarter. Atria Investments Inc’s holdings in UGI were worth $787,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently modified their holdings of the company. Easterly Investment Partners LLC increased its stake in UGI by 0.8% in the 3rd quarter. Easterly Investment Partners LLC now owns 59,238 shares of the utilities provider’s stock worth $1,482,000 after purchasing an additional 450 shares in the last quarter. GAMMA Investing LLC increased its position in shares of UGI by 24.2% in the second quarter. GAMMA Investing LLC now owns 2,627 shares of the utilities provider’s stock worth $60,000 after acquiring an additional 512 shares in the last quarter. Signaturefd LLC lifted its position in shares of UGI by 7.2% in the 3rd quarter. Signaturefd LLC now owns 7,885 shares of the utilities provider’s stock valued at $197,000 after acquiring an additional 531 shares in the last quarter. Fulton Bank N.A. lifted its position in shares of UGI by 3.9% in the 2nd quarter. Fulton Bank N.A. now owns 14,983 shares of the utilities provider’s stock valued at $343,000 after acquiring an additional 558 shares in the last quarter. Finally, Whittier Trust Co. boosted its stake in UGI by 99.7% in the 2nd quarter. Whittier Trust Co. now owns 1,198 shares of the utilities provider’s stock worth $27,000 after purchasing an additional 598 shares during the period. 82.34% of the stock is owned by institutional investors and hedge funds.

UGI Trading Up 1.3 %

UGI stock opened at $24.45 on Tuesday. The company has a quick ratio of 0.71, a current ratio of 0.91 and a debt-to-equity ratio of 1.34. UGI Co. has a 12 month low of $21.51 and a 12 month high of $26.15. The company’s fifty day simple moving average is $24.25 and its 200-day simple moving average is $24.06. The stock has a market cap of $5.25 billion, a P/E ratio of 7.77 and a beta of 1.13.

Analyst Ratings Changes

UGI has been the subject of a number of research analyst reports. StockNews.com lowered UGI from a “buy” rating to a “hold” rating in a report on Tuesday, August 6th. Wells Fargo & Company raised their price objective on UGI from $26.00 to $27.00 and gave the stock an “equal weight” rating in a research report on Wednesday, October 16th. Finally, Mizuho upgraded UGI from a “neutral” rating to an “outperform” rating and upped their target price for the company from $27.00 to $30.00 in a report on Friday.

UGI Company 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.