Legacy Private Trust buys $5,043,418 stake in UGI Corp (UGI)

UGI Corp (UGI) : Legacy Private Trust scooped up 68,253 additional shares in UGI Corp during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Oct 12, 2016. The investment management firm now holds a total of 117,398 shares of UGI Corp which is valued at $5,043,418.UGI Corp makes up approximately 0.70% of Legacy Private Trust’s portfolio.

Other Hedge Funds, Including , Weaver C. Barksdale Associates boosted its stake in UGI in the latest quarter, The investment management firm added 8 additional shares and now holds a total of 598 shares of UGI Corp which is valued at $25,690. UGI Corp makes up approx 0.04% of Weaver C. Barksdale Associates’s portfolio. Washington Trust Bank added UGI to its portfolio by purchasing 53 company shares during the most recent quarter which is valued at $2,321.Eqis Capital Management reduced its stake in UGI by selling 80 shares or 1.5% in the most recent quarter. The Hedge Fund company now holds 5,243 shares of UGI which is valued at $229,591. UGI Corp makes up approx 0.01% of Eqis Capital Management’s portfolio.

UGI Corp closed down -1.14 points or -2.59% at $42.96 with 8,96,852 shares getting traded on Tuesday. Post opening the session at $43.91, the shares hit an intraday low of $42.86 and an intraday high of $44.03 and the price fluctuated in this range throughout the day.Shares ended Tuesday session in Red.

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.

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