UGI Co. (NYSE:UGI) Stock Position Decreased by Crossmark Global Holdings Inc.

Crossmark Global Holdings Inc. trimmed its position in UGI Co. (NYSE:UGI) by 6.2% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 15,099 shares of the utilities provider’s stock after selling 1,005 shares during the quarter. Crossmark Global Holdings Inc.’s holdings in UGI were worth $378,000 at the end of the most recent quarter.

Other institutional investors have also made changes to their positions in the company. 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. Concord Wealth Partners lifted its holdings in shares of UGI by 100.0% in the third quarter. Concord Wealth Partners now owns 1,274 shares of the utilities provider’s stock valued at $32,000 after purchasing an additional 637 shares in the last quarter. Hantz Financial Services Inc. acquired a new stake in shares of UGI in the second quarter worth $32,000. Duncker Streett & Co. Inc. purchased a new position in shares of UGI during the second quarter valued at $34,000. Finally, Point72 Asia Singapore Pte. Ltd. acquired a new position in UGI during the second quarter valued at $40,000. 82.34% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

UGI has been the subject of a number of research reports. 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. Mizuho upgraded shares of UGI from a “neutral” rating to an “outperform” rating and raised their price target for the stock from $27.00 to $30.00 in a report on Friday. Finally, StockNews.com lowered shares of UGI from a “buy” rating to a “hold” rating in a research note on Tuesday, August 6th.

UGI Trading Up 3.8 %

NYSE:UGI opened at $24.12 on Monday. 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 company has a market capitalization of $5.18 billion, a P/E ratio of 7.73 and a beta of 1.13. The stock’s 50 day moving average price is $24.25 and its 200 day moving average price is $24.07. UGI Co. has a 52 week low of $21.47 and a 52 week high of $26.15.

About UGI

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.