Cribstone Capital Management buys $1,390,232 stake in UGI Corp (UGI)

UGI Corp (UGI) : Cribstone Capital Management scooped up 864 additional shares in UGI Corp during the most recent quarter end , the firm said in a disclosure report filed with the SEC on May 2, 2016. The investment management firm now holds a total of 33,991 shares of UGI Corp which is valued at $1,390,232.UGI Corp makes up approximately 1.13% of Cribstone Capital Management’s portfolio.

UGI Corp opened for trading at $40.6 and hit $40.93 on the upside on Friday, eventually ending the session at $40.9, with a gain of 0.42% or 0.17 points. The heightened volatility saw the trading volume jump to 9,77,508 shares. Company has a market cap of $7,031 M.

Other Hedge Funds, Including , Ifp Advisors Inc boosted its stake in UGI in the latest quarter, The investment management firm added 690 additional shares and now holds a total of 1,405 shares of UGI Corp which is valued at $57,465.Quantbot Technologies Lp reduced its stake in UGI by selling 394 shares or 2.98% in the most recent quarter. The Hedge Fund company now holds 12,806 shares of UGI which is valued at $515,313. UGI Corp makes up approx 0.08% of Quantbot Technologies Lp’s portfolio.Texas Permanent School Fund reduced its stake in UGI by selling 5,542 shares or 3.87% in the most recent quarter. The Hedge Fund company now holds 137,543 shares of UGI which is valued at $5,534,730. UGI Corp makes up approx 0.07% of Texas Permanent School Fund’s portfolio.First Manhattan Co boosted its stake in UGI in the latest quarter, The investment management firm added 4 additional shares and now holds a total of 983 shares of UGI Corp which is valued at $39,192.

On the company’s financial health, UGI Corp reported $0.01 EPS for the quarter, beating the analyst consensus estimate by $ 0.03 according to the earnings call on Nov 9, 2015. Analyst had a consensus of $-0.02. The company had revenue of $1082.80 million for the quarter, compared to analysts expectations of $1524.10 million. The company’s revenue was down -17.4 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $-0.08 EPS.

UGI Corporation is a holding company that through subsidiaries distributes stores transports and markets energy products and related services. The Company is a domestic and international retail distributor of propane and butane and provides natural gas and electric service through regulated local distribution utilities. The Company generates electricity and markets energy commodities. It owns and manages midstream assets. The Company’s subsidiaries and affiliates operate in six business segments: AmeriGas Propane; UGI International – Antargaz; UGI International – Flaga & Other; Energy Services; Electric Generation and Gas Utility. In addition to the segments UGI Corporation owns and operates electric distribution business in Pennsylvania through UGI Utilities and a heating ventilation air-conditioning refrigeration and electrical contracting service business in portions of eastern Pennsylvania and the Mid-Atlantic region of the United States through UGI HVAC Enterprises Inc.

Leave a Reply

UGI Corp - Is it time to Sell?

Top Brokerage Firms are advising their investors on UGI Corp. Subscribe to MoneyFlowIndex.Org Pre-Market Alerts, You will be the first to know the street buzz.