Ugi Corp /pa/ (UGI) Files Form 4 Insider Selling : Jerry E Sheridan Sells 64,125 Shares

Ugi Corp /pa/ (UGI): Jerry E Sheridan , President & CEO of Subsidiary of Ugi Corp /pa/ sold 64,125 shares on May 9, 2016. The Insider selling transaction was reported by the company on May 17, 2016 to the Securities and Exchange Commission. The shares were sold at $41.09 per share for a total value of $2,634,704.00 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on May 11, 2016, Bradley C Hall (VP New Business Development) sold 126,000 shares at $41.19 per share price.On Mar 16, 2016, Marie-dominiq Ortiz-landazabal (Chief Accounting Officer) sold 10,000 shares at $39.03 per share price.Also, On Mar 4, 2016, Ernest E Jones (director) sold 6,423 shares at $38.09 per share price.On Aug 17, 2015, John L Walsh (President & CEO) sold 15,000 shares at $35.93 per share price.

UGI Corp: On Monday, May 16, 2016 heightened volatility was witnessed in UGI Corp which led to swings in the share price. The shares opened for trading at $42.21 and hit $42.915 on the upside , eventually ending the session at $42.89, with a gain of 1.85% or 0.78 points. The heightened volatility saw the trading volume jump to 10,50,859 shares. The 52-week high of the share price is $42.915 and the company has a market cap of $7,406 M . The 52-week low of the share price is at $31.505.

UGI Corp Money Flow Index Chart

On Apr 28, 2016, UGI Corp announced a cash dividend of $0.2375. The company’s management has announced Jun 13, 2016 as the ex-dividend date and fixed the record date on Jun 15, 2016. The payable date has been fixed on Jul 1, 2016.

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.

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