UGI Co. (NYSE:UGI) Shares Purchased by Entropy Technologies LP

Entropy Technologies LP increased its holdings in UGI Co. (NYSE:UGI - Free Report) by 217.1% in the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 32,429 shares of the utilities provider's stock after buying an additional 22,201 shares during the period. Entropy Technologies LP's holdings in UGI were worth $811,000 as of its most recent filing with the SEC.

A number of other institutional investors have also modified their holdings of UGI. Venturi Wealth Management LLC grew its holdings in shares of UGI by 1,537.2% during the third quarter. Venturi Wealth Management LLC now owns 3,258 shares of the utilities provider's stock valued at $82,000 after purchasing an additional 3,059 shares during the last quarter. Oxbow Advisors LLC boosted its position in UGI by 1.5% during the 3rd quarter. Oxbow Advisors LLC now owns 219,505 shares of the utilities provider's stock valued at $5,492,000 after purchasing an additional 3,181 shares during the period. CWA Asset Management Group LLC bought a new position in UGI during the 3rd quarter worth $375,000. Easterly Investment Partners LLC increased its position in UGI by 0.8% in the third quarter. Easterly Investment Partners LLC now owns 59,238 shares of the utilities provider's stock worth $1,482,000 after buying an additional 450 shares during the period. Finally, AIA Group Ltd lifted its stake in UGI by 46.9% in the third quarter. AIA Group Ltd now owns 17,724 shares of the utilities provider's stock valued at $443,000 after buying an additional 5,655 shares during the last quarter. Institutional investors own 82.34% of the company's stock.

UGI Price Performance

UGI stock traded up $0.88 during trading on Friday, hitting $24.12. The company had a trading volume of 2,948,855 shares, compared to its average volume of 2,108,643. The firm has a market capitalization of $5.18 billion, a price-to-earnings ratio of 7.71 and a beta of 1.13. The company has a current ratio of 0.91, a quick ratio of 0.71 and a debt-to-equity ratio of 1.34. The business has a 50 day moving average of $24.25 and a 200 day moving average of $24.10. UGI Co. has a fifty-two week low of $21.47 and a fifty-two week high of $26.15.

Analyst Upgrades and Downgrades

UGI has been the subject of several recent research reports. Mizuho upgraded shares of UGI from a "neutral" rating to an "outperform" rating and upped their price target for the stock from $27.00 to $30.00 in a research report on Friday. StockNews.com cut shares of UGI from a "buy" rating to a "hold" rating in a research report on Tuesday, August 6th. Finally, Wells Fargo & Company boosted 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.

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.