Ugi (UGI) Share Price Rose While Ajo LP Has Decreased by $940,332 Its Stake; Legacy Private Trust Has Lowered Its Position in Chevron New (CVX) by $1.14 Million as Stock Value Declined

January 14, 2018 - By Vivian Park

Ajo Lp decreased its stake in Ugi Corp (UGI) by 4.92% based on its latest 2017Q3 regulatory filing with the SEC. Ajo Lp sold 20,442 shares as the company’s stock rose 1.31% with the market. The institutional investor held 394,805 shares of the natural gas distribution company at the end of 2017Q3, valued at $18.50 million, down from 415,247 at the end of the previous reported quarter. Ajo Lp who had been investing in Ugi Corp for a number of months, seems to be less bullish one the $8.20B market cap company. The stock decreased 0.55% or $0.26 during the last trading session, reaching $47.34. About 692,754 shares traded. UGI Corporation (NYSE:UGI) has risen 12.89% since January 14, 2017 and is uptrending. It has underperformed by 3.81% the S&P500.

Legacy Private Trust decreased its stake in Chevron Corp New (CVX) by 19.98% based on its latest 2017Q3 regulatory filing with the SEC. Legacy Private Trust sold 9,747 shares as the company’s stock declined 3.45% while stock markets rallied. The institutional investor held 39,026 shares of the integrated oil company at the end of 2017Q3, valued at $4.59M, down from 48,773 at the end of the previous reported quarter. Legacy Private Trust who had been investing in Chevron Corp New for a number of months, seems to be less bullish one the $253.76B market cap company. The stock increased 0.78% or $1.03 during the last trading session, reaching $133.6. About 7.23 million shares traded or 34.97% up from the average. Chevron Corporation (NYSE:CVX) has risen 6.68% since January 14, 2017 and is uptrending. It has underperformed by 10.02% the S&P500.

Since August 1, 2017, it had 0 insider purchases, and 4 selling transactions for $11.07 million activity. 2,312 shares were sold by Deily Linnet F, worth $248,274. Another trade for 25,500 shares valued at $3.06M was made by Pate R. Hewitt on Monday, October 16. The insider Yarrington Patricia E sold $4.33M.

Legacy Private Trust, which manages about $821.55M US Long portfolio, upped its stake in Spdr Series Trust (ITR) by 112,605 shares to 130,105 shares, valued at $4.49 million in 2017Q3, according to the filing. It also increased its holding in Allstate Corp (NYSE:ALL) by 13,880 shares in the quarter, for a total of 40,468 shares, and has risen its stake in Ishares Tr (MUB).

Investors sentiment decreased to 0.95 in Q3 2017. Its down 0.08, from 1.03 in 2017Q2. It turned negative, as 43 investors sold CVX shares while 696 reduced holdings. 121 funds opened positions while 584 raised stakes. 1.18 billion shares or 1.43% more from 1.16 billion shares in 2017Q2 were reported. Hirtle Callaghan & Commerce Limited Liability Corporation holds 0.07% or 6,000 shares. Altfest L J Incorporated holds 0.3% or 5,238 shares in its portfolio. South Dakota Inv Council holds 0.95% or 398,829 shares. Palisades Hudson Asset Management Lp reported 3,769 shares. Walter Keenan Fincl Consulting Mi Adv holds 0.89% or 16,505 shares. Stanley holds 2,628 shares or 0.08% of its portfolio. Johnson Invest Counsel reported 480,288 shares. Lau Assocs Lc holds 1.13% in Chevron Corporation (NYSE:CVX) or 12,378 shares. Cibc World, New York-based fund reported 528,935 shares. Private Ocean Limited Liability Corp, California-based fund reported 686 shares. 16,393 were reported by Summit Wealth Limited Company. Alley Ltd Liability reported 19,892 shares stake. Banque Pictet Cie accumulated 133,575 shares. Farmers Trust stated it has 10,211 shares. Heritage Invsts Mgmt Corp stated it has 1.09% in Chevron Corporation (NYSE:CVX).

Analysts await Chevron Corporation (NYSE:CVX) to report earnings on January, 26. They expect $1.19 EPS, up 440.91% or $0.97 from last year’s $0.22 per share. CVX’s profit will be $2.26 billion for 28.07 P/E if the $1.19 EPS becomes a reality. After $1.03 actual EPS reported by Chevron Corporation for the previous quarter, Wall Street now forecasts 15.53% EPS growth.

Among 34 analysts covering Chevron Corporation (NYSE:CVX), 22 have Buy rating, 1 Sell and 11 Hold. Therefore 65% are positive. Chevron Corporation had 100 analyst reports since August 4, 2015 according to SRatingsIntel. On Wednesday, March 9 the stock rating was maintained by Credit Suisse with “Neutral”. Jefferies maintained Chevron Corporation (NYSE:CVX) rating on Wednesday, April 12. Jefferies has “Buy” rating and $147 target. The company was downgraded on Tuesday, August 4 by S&P Research. BMO Capital Markets maintained Chevron Corporation (NYSE:CVX) on Thursday, June 22 with “Buy” rating. The stock has “Overweight” rating by JP Morgan on Friday, September 11. The rating was upgraded by Goldman Sachs on Friday, March 11 to “Neutral”. The rating was maintained by Citigroup with “Buy” on Friday, July 21. The company was upgraded on Tuesday, November 3 by Evercore. RBC Capital Markets maintained the shares of CVX in report on Friday, August 18 with “Sell” rating. The firm has “Overweight” rating by JP Morgan given on Tuesday, December 15.

Investors sentiment increased to 1.04 in 2017 Q3. Its up 0.06, from 0.98 in 2017Q2. It increased, as 33 investors sold UGI shares while 115 reduced holdings. 38 funds opened positions while 116 raised stakes. 131.63 million shares or 1.06% less from 133.03 million shares in 2017Q2 were reported. Parallax Volatility Advisers Limited Partnership holds 82 shares or 0% of its portfolio. Texas Yale Corp, a Florida-based fund reported 30,950 shares. Profund Ltd Llc has 31,978 shares for 0.06% of their portfolio. Apg Asset Management Nv, Netherlands-based fund reported 1.89M shares. Cibc Asset owns 5,866 shares. Old Mutual Global (Uk) Limited holds 0.18% or 374,738 shares. Bryn Mawr Tru Company holds 5,800 shares or 0.02% of its portfolio. Moreover, First Eagle Invest Ltd Liability Corp has 0.79% invested in UGI Corporation (NYSE:UGI). Great West Life Assurance Can accumulated 281,345 shares. The New York-based Evercore Wealth Mngmt Limited has invested 0.02% in UGI Corporation (NYSE:UGI). Old Natl Natl Bank In owns 9,263 shares for 0.02% of their portfolio. 204,005 are owned by Voya Investment Mgmt Limited Liability Corp. Westpac Bk holds 0.08% or 81,345 shares. Strs Ohio holds 2,336 shares. Copeland Cap Mngmt Limited Liability Company has invested 0.19% in UGI Corporation (NYSE:UGI).

Analysts await UGI Corporation (NYSE:UGI) to report earnings on February, 7. They expect $0.91 EPS, 0.00% or $0.00 from last year’s $0.91 per share. UGI’s profit will be $157.57M for 13.01 P/E if the $0.91 EPS becomes a reality. After $-0.02 actual EPS reported by UGI Corporation for the previous quarter, Wall Street now forecasts -4,650.00% EPS growth.

Among 5 analysts covering UGI Corp (NYSE:UGI), 0 have Buy rating, 1 Sell and 4 Hold. Therefore 0 are positive. UGI Corp had 13 analyst reports since August 5, 2015 according to SRatingsIntel. The rating was maintained by Jefferies on Thursday, August 31 with “Hold”. The firm has “Neutral” rating by Citigroup given on Wednesday, May 4. Barclays Capital downgraded the stock to “Underweight” rating in Monday, June 20 report. The firm earned “Neutral” rating on Friday, April 29 by Janney Capital. Janney Capital reinitiated the shares of UGI in report on Thursday, May 26 with “Neutral” rating. The firm has “Hold” rating by Jefferies given on Wednesday, December 20. The firm has “Hold” rating given on Monday, October 16 by Jefferies. As per Friday, November 10, the company rating was maintained by Barclays Capital. The stock has “Buy” rating by Zacks on Saturday, August 8. On Wednesday, August 5 the stock rating was upgraded by Zacks to “Hold”.

Ajo Lp, which manages about $24.49B and $23.01 billion US Long portfolio, upped its stake in Eagle Pharmaceuticals (NASDAQ:EGRX) by 35,776 shares to 114,897 shares, valued at $6.85 million in 2017Q3, according to the filing. It also increased its holding in Gaming & Leisure Pptys (NASDAQ:GLPI) by 323,237 shares in the quarter, for a total of 3.68M shares, and has risen its stake in Ligand Pharm (NASDAQ:LGND).

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